INNOVATIVE BUSINESS AS A DETERMINANT OF THE FORMATION OF AN INCLUSIVE ECONOMY

Abstract

The system-forming determinants of functioning of innovative business in the context of inclusive development of the national economy are substantiated.
 It is determined that in modern innovative forms of business (outstaffing, outsourcing, consulting, etc.) are organizational innovations, their existence forms fundamentally new economic and legal relations between economic entities and contributes to the implementation of inclusive management strategies and technologies.
 It is argued that inefficient basic institutions and existing institutions, non-transparent sales flows, scarcity of credit resources and investments cause low rates of spread of innovative forms of business in the economy. The combination and synergy of these factors limit the positive regulatory influence of economic institutions on innovative modernization and economic development. 
 It is substantiated that the greatest potential for growth in the national economy is characterized by information and communication technologies and services in this sphere. The growth of the volume of IT services in the national economy and achieving compliance with the innovative development trend will be facilitated by institutional support of outsourcing business technologies in high-tech industries and information and communication sphere.
 The criteria for evaluating the effectiveness of outsourcing are defined. Such criteria determine the impact of outsourcing business technology on the result of the activities of producers ordering a service or performing it. The key characteristics for assessing the effectiveness of outsourcing services are: reducing the costs of the production process; optimization of business processes; improving the efficiency of the manufacturer; improving the quality of the production process.
 The analysis of trends in the development of innovative forms of business in the national economy has revealed that their development is hampered by low scale and pace of digitalization in most industries, low innovation activity of commodity producers, institutional weakness of regulatory influences, shadowing of the economy and the predominance of quasi-innovations. Evolutionary limitations in the formation of innovative business correlate with technological lag in production, a significant shadow sphere of the economy, permanent political and economic crises.