INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESS

Russian enterprises are not paying enough attention to the issues of innovative development, while global trends demonstrate the increase of enterprises competitiveness through the introduction of innovations. Innovations are able qualitatively improve enterprise performance indicators in conditions...

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Main Authors: E. Yu. Kuzmina, I. V. Soklakova, I. L. Surat
Format: Article
Language:English
Published: Publishing House of the State University of Management 2020-04-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/2074
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author E. Yu. Kuzmina
I. V. Soklakova
I. L. Surat
author_facet E. Yu. Kuzmina
I. V. Soklakova
I. L. Surat
author_sort E. Yu. Kuzmina
collection DOAJ
description Russian enterprises are not paying enough attention to the issues of innovative development, while global trends demonstrate the increase of enterprises competitiveness through the introduction of innovations. Innovations are able qualitatively improve enterprise performance indicators in conditions of tough competition. For many domestic enterprises, in such conditions the innovation and its specific results could be a key criterion of success. Lack of investment is the most important problem holding back innovations. The experience of support and development of innovations in Canada and South Korea has been considered in the article. It has been concluded that in general the Russian Federation is experiencing a global transfer to an innovative economy, which in the future should be an undoubted advantage for the production of competitive products. The creation of radically new products and services, as well as the enhancement of existing ones, will allow Russian enterprises systematically improve their image, increase their business reputation, which will attract more investments.
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institution Kabale University
issn 1816-4277
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publishDate 2020-04-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-a4f1b12d660b455aa219c64591e670382025-02-04T08:28:03ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152020-04-0102636710.26425/1816-4277-2020-2-63-671630INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESSE. Yu. Kuzmina0I. V. Soklakova1I. L. Surat2State University of ManagementMoscow Institute of EconomicsMoscow Institute of EconomicsRussian enterprises are not paying enough attention to the issues of innovative development, while global trends demonstrate the increase of enterprises competitiveness through the introduction of innovations. Innovations are able qualitatively improve enterprise performance indicators in conditions of tough competition. For many domestic enterprises, in such conditions the innovation and its specific results could be a key criterion of success. Lack of investment is the most important problem holding back innovations. The experience of support and development of innovations in Canada and South Korea has been considered in the article. It has been concluded that in general the Russian Federation is experiencing a global transfer to an innovative economy, which in the future should be an undoubted advantage for the production of competitive products. The creation of radically new products and services, as well as the enhancement of existing ones, will allow Russian enterprises systematically improve their image, increase their business reputation, which will attract more investments.https://vestnik.guu.ru/jour/article/view/2074production competitivenessenterprise competitivenessinnovationsinnovative developmentkey factors of developmentproblems of developmentexperience of innovationsinvestmentscanadasouth korea
spellingShingle E. Yu. Kuzmina
I. V. Soklakova
I. L. Surat
INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESS
Вестник университета
production competitiveness
enterprise competitiveness
innovations
innovative development
key factors of development
problems of development
experience of innovations
investments
canada
south korea
title INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESS
title_full INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESS
title_fullStr INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESS
title_full_unstemmed INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESS
title_short INNOVATIVE DEVELOPMENT AS A FACTOR OF THE NATIONAL ECONOMY COMPETITIVENESS
title_sort innovative development as a factor of the national economy competitiveness
topic production competitiveness
enterprise competitiveness
innovations
innovative development
key factors of development
problems of development
experience of innovations
investments
canada
south korea
url https://vestnik.guu.ru/jour/article/view/2074
work_keys_str_mv AT eyukuzmina innovativedevelopmentasafactorofthenationaleconomycompetitiveness
AT ivsoklakova innovativedevelopmentasafactorofthenationaleconomycompetitiveness
AT ilsurat innovativedevelopmentasafactorofthenationaleconomycompetitiveness