Abstract

The process of innovative transformations at an industrial enterprise is studied. The main features of the introduction of innovations into the production process are considered. A general model for carrying out innovative transformations at an industrial enterprise with a large share of high-tech production is proposed. The main elements of the proposed three-dimensional model include the basic processes of change, project and innovation management. Additionally, the models include such processes as: increasing innovation potential, improving internal communications through the introduction of digital technologies, increasing the efficiency of the production process by improving the production system. The applicability of the proposed model under real production conditions is investigated on the basis of Sorbent JSC, and the impact of the implementation of the innovation process on the overall economic efficiency of the enterprise is assessed.

Highlights

  • The continuous struggle to increase the economic efficiency of production is one of the foundations that can ensure high competitiveness, profitability and, as a result, the stability of the company

  • This work simulates the process of introducing innovative transformations at a Russian industrial enterprise with a high scientific and technical potential and its own industrial production

  • A system of measures is proposed to improve the efficiency of the production process by: managing changes, projects and innovations, increasing innovative potential, improving internal communications through the introduction of digital technologies, increasing the efficiency of the production process by improving the production system

Read more

Summary

Introduction

The continuous struggle to increase the economic efficiency of production is one of the foundations that can ensure high competitiveness, profitability and, as a result, the stability of the company. In a modern economy characterized by increased competition, globalization and instability of sales markets, an effective strategy for increasing production efficiency is the introduction of innovations [1]. Hereinafter, the term innovation will mean any product or process introduced or implemented at an enterprise and leading to a significant improvement in the quality of an already produced product (or service), an increase in the efficiency of production processes, or the release of a completely new product with consumer properties different from previous ones [2]. Asian consumer electronics manufacturers such as Samsung Electronics Co., Ltd. are good examples of innovation to improve product quality. Until a few decades ago, Samsung Electronics was a domestic manufacturer, practically unknown outside of South Korea.

Objectives
Results
Conclusion
Full Text
Published version (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