Abstract
The economic aspects of innovation activity are determined by the fact that innovations serve to achieve the economic goals of the enterprise, act as a means of competition and require the use of economic resources. When organizing innovation activities, it is important to take into account macroeconomic factors and intra-company conditions. The authors identify three large-scale macroeconomic factors that have a significant impact on the chain of interrelated innovations in the activities of modern Russian agro-industrial enterprises. At present, the factor of creating institutions of the digital economy is beginning to take effect, in connection with which the third wave of organizational, technological and marketing innovations and the next growth of agro-industrial production in Russia are expected. Due to the different rates of economic concentration in the three areas of the agro-industrial complex, historically, unfair vertical competition has been and remains one of the limitations for innovation at agro-industrial enterprises. In the digital economy, information about the essential conditions of concluded transactions becomes available to antimonopoly authorities in real time, which allows them to quickly develop and apply regulatory actions in cases of violations of antimonopoly legislation or in cases of “failures” of the market. It is also possible to create institutions that support fair competition in the vertical and horizontal dimensions. The opportunities that open up actualize the improvement of the conditions for innovation activity at the intra-company level.
Highlights
The economic nature of innovation lies in the desire and possibility of obtaining a significant effect from various types of innovations initiated by entrepreneurs, managers and innovators
The intensity of innovation activity at the enterprise level is influenced by two constant factors: the competitive status of the firm and the availability of investment resources
The link between macroeconomic factors and intrafirm conditions of innovation activity is the economic relations between related enterprises in the value chains, for example, between a beet-growing organization and a sugar factory, between a sugar factory and a trading enterprise
Summary
The economic nature of innovation lies in the desire and possibility of obtaining a significant effect from various types of innovations initiated by entrepreneurs, managers and innovators. The organizational and economic mechanism created and regulated by the management of agro-industrial enterprises is of crucial importance [6, 8, 9]. The link between macroeconomic factors and intrafirm conditions of innovation activity is the economic relations between related enterprises in the value chains, for example, between a beet-growing organization and a sugar factory, between a sugar factory and a trading enterprise. The development of these relations acts as a kind of business background that allows economic entities to implement external and internal prerequisites for innovation. Innovation management will always be an art of compromise between the possibility of obtaining current and future income, between the interests of the owners of the enterprise and the interests of management, employees and public interests
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