Abstract
The article deals with the increasing innovation activity of Russian enterprises in the context of global competition. It describes the rise in intensity of competition as a result of the decrease in the main market players and the increase in the scale of their economic activity. The authors analyze the tendency of growth of the incubation cycle duration of new developments in industrial enterprises of high-tech industries which makes it commensurate with the life cycle of new technology or a new product. It is proved that innovation activity of the industrial enterprise, on the one hand, can, under certain conditions, bring extra income due to the growth of labor productivity and reduction of internal costs. On the other hand, extra income is brought by obtaining a new market segment through the implementation of the innovation product. The article also describes the influence of innovation activity of industrial enterprises on the structure of investments in fixed assets and the duration of the investment cycle.
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