THEORETICAL FOUNDATIONS OF THE INNOVATION PROCESS FLOWING ON ENTERPRISES IN A COMPETITIVE ENVIRONMENT
Journal Title: Вісник Одеського національного університету. Економіка. - Year 2017, Vol 22, Issue 7
Abstract
Innovative activity in the current conditions of management is an integral part of the competitive market, it is the main incentive for innovation and necessarily assumes the existence of a systemic relationship between innovation, entrepreneurship and competition, providing on this basis the emergence of additional revenues. System analysis of innovation processes occurs within the framework of linear and nonlinear innovation models that describe various approaches to the nature of the links between the emergence of innovations, fundamental and applied research and the processes of diffusion and commercialization of innovations. Awareness of the essence and features of innovative processes at enterprises is the basis for the formation of effective business models for different stages of their life cycle. Among the achievements of modern innovation theory, the innovative spiral model developed by Ernst and Young and the chain of innovation value of researchers at the Harvard Business School
Authors and Affiliations
V. Y. Vostriakoa
Keywords
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