THE PROPERTIES OF THE ENTERPRISE ECONOMIC FUNCTIONALITY IN THE PROCESS OF INNOVATION DEVELOPMENT

Journal Title: Економіка розвитку - Year 2015, Vol 76, Issue 4

Abstract

The properties of the enterprise economic functionality in the process of innovation development have been described. The determined and substantiated properties have been united into groups, which characterize the functioning capacity, stability, consistency and adequacy of industrial-economic and business systems of the enterprise: 1) the internal energy balance (the complexity and completeness of the balanced-in-use resources, technologies, intellectual capital, intangible assets and so on, which form the type, nature of the activities, the economic behavior of the company in accordance with the functional purpose); chaotization of the enterprise systems (the level of the system's disorder as groundwork for its development); self-organization (self-organizing processes in the enterprise internal active environment); operational suitability of these properties in the innovative development: focusing of the subsystem's free energy on the innovative development, compliance of ordering of the components with the permissible level of entropy, self-organization based on innovation; 2) the functional stability (the ability to provide enterprise dynamic functioning within acceptable fluctuations of industrial, financial and economic results under the influence of internal imbalances and environmental factors); controlled development (development under management influence); adaptability (the ability to confront and relevantly change under the external influence); maneuverability (the ability to change the position in the dynamic background and business environment); operational suitability of these properties in the innovative development: functional innovative stability, controlled change, innovative adaptability, innovation maneuverability; 3) accumulative resource exploitation (exploitation suitability, i.e. accumulative productive exploitation of resources), transformational relevance (structural transformation of the set of innovation resources with expanded reproduction); 4) the adequacy of the business potential (the adequacy of the business potential to innovation demands), matching of the business system to meeting the needs of the meso-and macrobusiness systems (using the innovative model of economic behavior).

Authors and Affiliations

К. Boyarуnova

Keywords

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  • EP ID EP117665
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How To Cite

К. Boyarуnova (2015). THE PROPERTIES OF THE ENTERPRISE ECONOMIC FUNCTIONALITY IN THE PROCESS OF INNOVATION DEVELOPMENT. Економіка розвитку, 76(4), 66-73. https://europub.co.uk/articles/-A-117665