Abstract
AbstractThe given work contains theoretical and practical aspects of innovation development at the enterprise within the frames of a cluster. The research in the field of innovation activities was carried out by such scientifical men as Igor H. Ansoff; J. Bailey, D. Bell, John Kenneth Galbraith, Peter Drucker; D. Swaim, N. Kelley, M. Porter, Douglass North, Oliver E. Williamson, etc. Innovation processes based on the staff’s intellectual activity and utilization of intellectual resources do not only increase balance sheet value and market price of enterprise assets but appears to be a key innovation factor of its functioning performance. The innovational character of the business processes implicates transition to the following relevant level of development determining a new structure of the enterprise manufacturing costs, optimization of its productive activity, increase in sales receipts as a result of amelioration of consumptive qualities of easy-to-sell goods, works and services what implies the utilization of the enterprise intellectual capital.
Highlights
An important gap in the clusters literature is in its applicability to the experience of peripheral regions
Large urban regions in developed countries normally are concentrations of company headquarters, company R and D divisions, other advanced industries, research universities and highincome earners; they are concentrations of demanding customers with a strong willingness to pay for innovative products meeting their specific requirements
Owing to their demand structure, these regions are excellent testing grounds for new products. These regions offer a home market where new innovative products can be tested and nurtured before, in the first phase of production, they are exported to other large urban regions and, in the second phase, more generally
Summary
An important gap in the clusters literature is in its applicability to the experience of peripheral regions. A functional (urban) region is characterized by its agglomeration of activities and by its intraregional transport infrastructure, facilitating a large mobility of people, products and inputs within its interaction borders. Large urban regions in developed countries normally are concentrations of company headquarters, company R and D divisions, other advanced industries, research universities and highincome earners; they are concentrations of demanding customers with a strong willingness to pay for innovative products meeting their specific requirements. Owing to their demand structure, these regions are excellent testing grounds for new products. Lent defined innovation as “a complex multiphased activity, where an artefact
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
