Problems of Coordination of High-Tech Enterprises Strategies in Implementation of Innovative Technologies

Aleksandr Mikhaylovich Batkovskiy,Elena Georgievna Semenova,Vladislav Valerievich Klochkov,Alena Vladimirovna Fomina,Natalya Vladimirovna Cherner

doi:10.5901/mjss.2015.v6n4s4p172

Abstract

Implementation of innovative technologies in cooperative enterprises is complicated by the fact that the innovative strategy of an enterprise would not be supported by its partners. As a result, even a generally profitable innovative project may remain unrealized because the partners will not take risks of investing into specific assets. Similar problems occur in connection with launch of manufacturing of high-tech components for sophisticated products (particularly, as part of import substitution). The article suggests a simple game theory model, which illustrates the problems of coordination of partner enterprises’ strategies in implementation of innovative products. Unlike well-known models, this model takes into account the specific nature of high-tech industries, including the cost structure of the product life cycle, which affects costs and losses. This model may be used for quantitative estimations in the course of substantiation of innovative technologies implementation strategies in certain high-tech industries. The suggested model helped to analyze the efficiency of various mechanisms of enterprise strategies coordination in implementation of interrelated innovative technologies. The article studies the market mechanisms of coordination, as well as the mechanisms of compensations to members of unimplemented innovative projects. We also analyzed the impact of institutional factors (such as trust in the systems integrator of the project, transparency of innovative development strategy) on the efficiency of such mechanisms. Special attention is paid to the specific features of the military-industrial complex, the problems of which are the most challenging in this respect. We made a conclusion about the inevitable need for the centrally controlled implementation of innovative technologies by Russian high-tech industries, which fulfill large-scale modernization and import substitution programs. This suggests construction of integral innovative technological chains in state corporations, making their links independent. The article comes up with recommendations focusing on enhancement of the market incentives for participation of independent small and medium-sized enterprises in innovative projects of large high-tech corporations. DOI: 10.5901/mjss.2015.v6n4s4p172

Highlights

1.1 Introduction into the problemToday, the Russian high-tech industry is facing the issues of large-scale technical upgrade and accelerated import substitution
This means that the problem of coordination between the systems integrators’ and suppliers’ development strategies emerges in the course of implementation of innovative technologies, which may be analyzed with the help of economic and mathematical tools
V10 > v01 condition may hold, making the “innovation” strategy a guaranteeing one. This relates to new, “greenfield” enterprises, only. They are more apt to implementation of innovative technologies

Summary

Introduction

1.1 Introduction into the problemToday, the Russian high-tech industry is facing the issues of large-scale technical upgrade and accelerated import substitution (in production of strategically important products and components). High hopes are being put on involvement of small and medium-sized enterprises in manufacturing of advanced products, implementation of innovative technologies. Despite its specific nature (critical supplies for military needs, high state secret security level etc.), the Russian military-industrial complex has significant reserves for involvement of private sector, small and medium-size enterprises in supply of high-tech components and production services. Suppliers of the Russian military-industrial complex obtain obvious benefits, including, first of all, significant volumes of orders with sustainable financing (Bogdanova, L.S. et al, 2006). The real pace of development of the innovative business environment of major enterprises in the Russian military-industrial complex is not sufficient, preventing import substitution in quite a few segments of the high-tech components market. Barriers still exist between potential suppliers and customers, and this article analyzes their reasons and the ways to overcome them

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Conclusion