Innovative Development Of Companies Research Articles

Инновации в России: от высокого знания и наличия перспективных научных заделов к эффективному социально-экономическому развитию

The author continues a series of works in which, based on a country-by-country analysis of rating data for 2021, he analyzes the present state of the socio-economic development in the Russian economy, as well as its prospects and vulnerabilities. Among the key reasons hindering the innovative development of the Russian economy are the lack of decent conditions for the creation and development of innovative companies, the systematic loss of opportunities to increase momentum in the field of high-tech knowledge-intensive technologies, an inefficient public administration system, the outflow of highly qualified specialists abroad, lack of funding for science and education, depreciation of fixed assets, underdevelopment of the logistics and transport infrastructure systems, accumulated social problems, etc. The author draws the attention to the fact that in order to achieve an accelerated innovative development of the Russian economy, is necessary to make a transition to medium-term and long-term strategic planning.

Инновации в России: от высокого знания и наличия перспективных научных заделов к эффективному социально-экономическому развитию

The author continues a series of works in which, based on a country-by-country analysis of rating data for 2021, he analyzes the present state of the socio-economic development in the Russian economy, as well as its prospects and vulnerabilities. Among the key reasons hindering the innovative development of the Russian economy are the lack of decent conditions for the creation and development of innovative companies, the systematic loss of opportunities to increase momentum in the field of high-tech knowledge-intensive technologies, an inefficient public administration system, the outflow of highly qualified specialists abroad, lack of funding for science and education, depreciation of fixed assets, underdevelopment of the logistics and transport infrastructure systems, accumulated social problems, etc. The author draws the attention to the fact that in order to achieve an accelerated innovative development of the Russian economy, is necessary to make a transition to medium-term and long-term strategic planning.

Formation of the mechanism of innovative development of insurance companies in the market environment

Ensuring the efficient operation and development of companies in the insurance services market in the context of globalization and growing international competition is possible only through the development and implementation of innovations. The object of the study is the services of insurance companies. Theoretical and methodological foundations of the formation of the mechanism of innovative development of companies in the insurance services market in modern economic conditions have been studied. A rating analysis of insurance companies in Ukraine was carried out and their innovative development in the market environment was substantiated. Based on the insurance protection system, an analysis was made of the use of the resources of the insurance company and the level of earmarked funds. Analysis of studies has shown that the leading insurance companies are financially stable and provide high guarantees for the preservation, accumulation and timely payment of funds. The activity of the leading company in the insurance services market of the PJSC "Insurance group TAS" (Ukraine) is considered. The analysis of experts and its position in the market of insurance services is carried out. The results of the analysis allow us to state a stable increase in its market position in terms of insurance premiums, payments and reserves. The forecasting of economic indicators based on trend models, based on the idea of extrapolation, was carried out, the results of which indicate that the gross amount of the insurance company in the planned year will increase by 21.09% compared to 2019. It is proposed to ensure the innovative development of the insurance company through the implementation of the "Full Business Protection" program. It has been proven that its implementation will allow the insurance company to ensure continuous and stable operation. The components of the strategy of innovative development of the insurance company have been formed. A mechanism has been formed for the strategic innovative development of insurance companies, which includes 4 blocks: planning, implementation, analysis and control

Integral Assessment of the Level of Innovative Development of the Railway Industry Companies

Background: NTI Competence Center, in the direction “Technologies of Storage and Analysis of Big Data,” has significant background in the development of integral indexes: a) IQ Cities (to Ministry of Construction of the Russian Federation), b) National Index of digital development of the subjects of the Russian Federation, c) Index of readiness of industries for the introduction of artificial intelligence, d) Index of innovative development for leading domestic companies, including in the sector of air transportation and oil production. Objective: Today, innovative, scientific, and technical development is one of the key factors in maintaining the competitiveness of the railway industry in the transport services market. At the same time, innovative development is a complex and dynamically changing process, due to the high rates of development and implementation of new technologies on the level of commercial use in various tech companies. Therefore, it is advisable to use an assessment of the level of innovative development of a company in comparison with the market competitors. Today in the railway industry, there is a need to assess and constantly monitor the level of innovative development of companies. The relevance of building a single tool for assessing the level of innovative development of railway companies is due to the lack of unified and comprehensive methods for calculating such indexes in the industry and the necessary efficiency of innovative railway companies to increase their competitiveness in the transport services market. Methods: The main research methods used were bibliometric analysis, qualitative methods of information analysis and quantitative methods for the development of integral indexes (methods for standardizing indicators, methods for assigning specific weights, methods for aggregating indicators). The data for the assessment of the indicators as in 2019 were collected using available sources of information (including official reports and strategic planning documents of railway companies, scientific literature from the Scopus/Web of Science databases) and the opinions of independent industry experts. There are three groups of indicators used to form an integral assessment: - indicators for assessing the level of readiness of advanced innovative solutions and technologies (indicators are measured on a scale from 0 to 1 using the Technology Readiness Level scale, where 0 is no solution/ no supporting data; 0.5 is a solution at the development stage (TRL1-7), 0.75 is a solution at the approbation stage (TRL8), 1 is a solution at the production stage (TRL9). - binary indicators for assessing the presence or absence of the use of advanced innovative solutions and technologies (indicators are measured on a scale from 0 to 1, where 0 is no relevant functional (specific characteristic/ capability), 0.5 is possible existence with consideration of indirect factors, 1 - confirmed existence). - quantitative indicators for assessing the effectiveness and scope of innovation policy and the use of advanced innovative solutions and technologies (evaluated and ranked based on the minimum-maximum method). To aggregate these groups of indicators at the subindex level, there was calculated a subindex of the average value of the indicators. All the weights of the indicators included in one subindex are the same. Results: The scientific result of the research is the development of a unique method (structure of the indicators) for calculating the integral index of innovative development of railway companies based on the analysis of the best domestic and foreign practices and approaches to the formation of integral indexes. The method for calculating the index was successfully tested as a part of the assessment of the level of innovative development of the Russian Railways holding. Conclusion: The main result of this work is integral index that has prospects in international practice as a tool for strategic planning of the activities of railway companies to improve efficiency and optimize work processes, as well as a tool for assessing the level of dynamics of the innovative development of the industry and increasing its competitiveness in comparison with other modes of transport.

Development of long-term financing of innovative small companies

The subject of the research is financial relations in the process of financing innovative small companies. The purpose of the work is an analytical assessment of the conditions for long-term financing of innovative small companies using systematic, economic and statistical analysis, which ensures the integrity and comprehensiveness of the study. Increasing the role of innovative small companies in the process of digital transformations is an urgent task in modern transformations of society. The analysis revealed the problems of long-term financing of innovative small companies, since most of the methods are focused on short-term financing of such companies. The conditions of investment opportunities for innovative companies are considered in detail on specific examples. The article notes that the conditions for effective management of long-term investments depend on the various stages of development of innovative companies. The practical purpose and scientific value of the article lies in the construction of a holistic and logical representation of the use of various methods of financing high-tech companies. It is concluded that it is necessary to provide institutional financial support for innovative development and an integrated approach to long-term financing of innovative small companies.

КЛЮЧОВІ ТЕНДЕНЦІЇ РОЗВИТКУ ІННОВАЦІЙНИХ БІЗНЕС-МОДЕЛЕЙ КОМПАНІЙ

Modern trends and business conditions indicate that companies need to react extremely quickly to changes in the external environment in order to achieve long-term competitive advantages. Nowadays, designing of an effective business model is one of the options to form the strategic competitive advantages of a company. When business conditions change, innovations provide opportunities to still operate on the market and is a catalyst for the development of entrepreneurial performance.Thereby, the approach, when innovative companies’ development achieves through the transformation of their business models, and not only products or business process systems, is becoming more and more popular. However, innovative development is closely related to unpredictable results of companies’ performance. This fact is a deterrent one in the innovative development of companies. At the same time, the leveling of its influence is possible by identifying key market trends and complying with them. A company that monitors market trends has a much higher chance to offer relevant innovative products, to develop an optimal business processes system and to design an effective business model, improving its main elements by innovations

Financial Forces for Women Entrepreneurs in Rural Development

This manuscript has set out the key issues connected to entrepreneurship in the framework of its connection with rustic area growth. The investigation seeks to identify determinants of rural entrepreneurship and the atmosphere encouraging its development. The policy needed to form this good environment has been discussed here. The conclusion is that in order to step up rural development in rustic rural areas, entrepreneurship must be encouraged. The entrepreneurial direction in rustic areas is based on invigorating local entrepreneurial capacity and successful development of innovative companies. This in turn would create jobs and add financially viable value to an area, while retaining scare funds within the community.

ЭФФЕКТИВНОЕ ИСПОЛЬЗОВАНИЕ НАУЧНО- ТЕХНОЛОГИЧЕСКОГО ПОТЕНЦИАЛА В НАЦИОНАЛЬНОЙ ИННОВАЦИОННОЙ СИСТЕМЕ

The article deals with the issues of effective use of scientific and technological potential in the national innovation system. The analysis of indicators of innovative activity of domestic enterprises for the period under study is presented. The problems of introducing technological innovations at domestic enterprises and the peculiarities of using infrastructural, production-technological, personnel and financial capabilities of companies are identified. The role of the state in the development and implementation of programs for innovative development of companies, the development of the domestic market for innovations and the creation of innovative scientific and technological centers is noted. The available statistical data indicate an increase in the number of organizations implementing technological innovations through the development of their innovative potential, which corresponds to the national goals and strategic objectives of the development of the Russian Federation for the long term.

PROPRIEDADE INTELECTUAL COMO FATOR PARA A TOMADA DE DECISÃO NOS RELACIONAMENTOS DE GRANDES EMPRESAS COM STARTUPS

Atualmente as grandes empresas estão cada vez mais próximas das startups. Para reduzir o risco do relacionamento e aumentar a segurança jurídica, entende-se que a propriedade intelectual necessita ser incorporada à tomada de decisão da empresa. Desta forma, buscou-se analisar junto às empresas de grande porte brasileiras associadas à ANPEI (Associação Nacional de Pesquisa e Desenvolvimento das Empresas Inovadoras) se a propriedade intelectual é um fator relevante em suas estratégias de relacionamento com startups. Para tanto, uma pesquisa exploratória mista (quantitativa e qualitativa) intencional foi realizada utilizando um questionário enviado para 100% das empresas qualificadas (73) como respondentes pela associação supracitada. Com uma taxa de 26% de resposta (19), obteve-se uma amostra satisfatória neste tipo de abordagem. Os resultados mostraram que as empresas brasileiras entrevistadas consideram “Tecnologia e Inovação”, “Alinhamento entre a empresa e startup” e “Qualidade e capacidade da equipe” como os fatores mais relevantes para a tomada de decisão para firmar um relacionamento. A propriedade intelectual é caracterizada como relevante nas decisões estratégicas para um relacionamento com startup, pois é citada por 58% das empresas respondentes.

On Assessment of Influence of Innovation Activities Results on the National Economy

Background: Development of Science in Russia is currently in urgent need of a thorough support from the state. Fundamental researches create ground for detalisation of innovative ideas and bring them closer through applied research to their developments and implementation. Ensuring sustainability of the countrys economy is possible only through contributing resources to researches of immediate relevance.
 Under existing conditions, special relevance is acquired by development of tools for assessment of additional effects of financing innovative development.
 Aim: The purpose of this study is to assess the impact on the national economy of the costs on innovative development of companies.
 Methods: Search for and analysis of:
 
 options of assessment of available information about results of scientific researches (both patented and those that are not officially registered as intellectual property);
 ways of deriving economic benefit from owning scientific researches results with absence of opportunity for their introduction into a companys activity or for selling.
 
 To assess the influence of expenses for innovative development on the national economy, the index of innovation support for the national economy (ISNE) is suggested to be used.
 Results: The algorithm for calculation of ISNE is presented. It is suggested to consider relevant for calculation those expenses of the companies, that work on development independently or with the help of national knowledge generation sector and higher education. These expenses are for:
 
 salaries, considering premium;
 procurement of national equipment and materials;
 paying for work carried out and services rendered by contracted companies.
 
 All other expenses at this stage are suggested to be deemed as irrelevant.
 The factor can be calculated for each company-resident, irrespective of type of activity and field of scientific researches for ID purposes.
 Conclusion: For companies that investing considerably in scientific and technical, innovative development, the increase of ISNE can be an additional incentive (with governmental support), will help in drawing attention to existing potential of the Russian science, save and multiply number of scientific schools, maintain high quality of scientific development and their effectiveness.

Tendencies of innovative development of the Russian Federation

Today in Russia there is a definite situation in the field of innovative development, characterized by a number of distinctive features. In a dynamic environment of industrial production and entrepreneurship, the need for the formation and development of non-proprietary resources is beyond doubt. The dynamics of productivity growth, the development of new high-tech production systems, the growth of the patent base in enterprises, trends in innovative development in general in the sector of the economy and large-scale production.The state of development of the economic system, depending on the structure of the innovation development of the subjects. At the same time, the innovative development of companies is manifested both in investments in advanced production technologies and in the production of high-tech products. The purpose of the scientific article is to analyze the innovative development in the Russian Federation.The goal necessitated the following tasks:1. To analyze the indirect indicator of innovation development – the volume of domestic expenditures on research and development in the context of country adaptability;2. To analyze the innovation activity of organizations by districts of the Russian Federation;3. To produce a factor analysis of indicators on the innovative development of the Russian Federation;4. Formulate recommendations for improving innovation activities in Russia.The article used modern methods and tools for integrated analysis based on the systematization and structuring of thematic material. So, in the article in which you will find information about what is happening in Russia.The above studies have become conclusions and recommendations regarding the features of the innovative development of the Russian Federation, recommendations for improving innovation activities in the Russian Federation.Significance is expressed in the practical possibility of using the results of research results.

Modelling of innovative development of companies

The authors investigated the problems of innovative development of Russian enterprises. To solve these problems, the conceptual model of innovative development of the enterprise, based on an innovative system of vertical and horizontal interaction of market participants. Particular attention is paid to the characteristics of innovative development tools whose effectiveness can be evaluated on the impact on the innovative activity of the enterprise, and, consequently, its innovative development. Among the innovative development tools identified: human capital development tools and corporate growth management tools, organizational and economic management tools, management tools of scientific and technical potential of the enterprise.

INNOVATIVE COMPANIES IN POLAND – THE CURRENT STATE AND FUTURE PROSPECTS IN LIGHT OF THE NEW DEVELOPMENT PLAN

Currently many countries tend to foster innovative character of their economies. For Poland there has been formulated a new plan, whose one of the main elements is the development of entrepreneurship and innovation. A Strategy for Responsible Growth (Strategia na rzecz Odpowiedzialnego Rozwoju) in part dedicated to innovation introduces systemic changes designed to facilitate cooperation between representatives of science and business, as well as provides many new regulations enhancing creation and functioning of innovative companies. The conducted study applies, on the one hand, to the conditions for innovative activity that have determined the Polish scientific and economic sphere to date and, on the other, it discusses the prospects in this area. For this purpose there have been analysed experts and entrepreneurs’ opinions on the present solutions, as well as on the planned ones and their potential influence on the development of innovative companies. The gathered data have shown that the current level of innovation among Polish companies seems to be insufficient to give them significant competitive advantage. Although entrepreneurs have an interest in innovative activity, they often lack impetus to start it since business and legal barriers are impossible to overcome. Changes improving the whole process of commercialisation of scientific research are generally welcome by both entrepreneurs and experts but their opinions on the particular systemic changes proposed by the government are not entirely consistent. Nevertheless, entrepreneurs and analysts agree as to the need of introducing the proposed changes ambitious though they may seem.

(Innovative Development of Companies as a Source of Economic Growth in Russia)

Russian Abstract: В статье представлена характеристика инноваций как одного из четырех основных рычагов экономического роста. Рассматриваются проблемы инновационного развития компаний в России с учетом зарубежного опыта и показаны факторы, обусловившие их становление и стратегию успеха.English Abstract: The article presents the characteristics of innovation as one of four key levers of economic growth. The author considers problems of innovative development of companies in Russia, taking into account international experience and shows the factors contributing to their formation and strategy for success.

THE USE OF MARKETING COMMUNICATIVE TECHNOLOGIES IN COMPANIES INNOVATIVE DEVELOPMENT

Today the improvement of economic circumstances in Ukraine should be based on renewal and modernization processes, on creating new innovative solutions, that will increase the competitiveness of domestic companies and the country in general. The world experience shows, that innovations are considered as the most important catalyst of long-term economic development of companies and the main factor that helps to keep sustained positions in the processes of globalization. Those countries, that have an extensive innovative infrastructure and appropriate financial, legal and information resources, are the leaders of technological, social and economic development. Disproportions in the development of institutional environment show, that the future of national economy significantly depends on the dynamics of knowledge development as the most stable source. The mobilization of intellectual potential based on modern technologies, including marketing ones, can become an effective factor in innovative development of companies. The crowdsourcing is one of effective technologies in the system of marketing communications. Crowdsourcing technology is based on the use of group intelligence, principles of individual self-expression and self-realization and it can be applied to solve important tasks in social-economic development of companies, including innovative ones. In the conditions of low financial support of innovative processes the crowdsourcing can become a powerful tool to create and commercialize innovative products without a significant investment of economic resources.

Staff potential and its impact on the competitiveness and innovative development of companies in Russia

The article told about the main aspects of human capacity and its role in organizations in a competitive environment, and its impact on innovative development.

Knowledge based development of innovative companies within the framework of innovation networks

The purpose of this paper is to study ties between knowledge based cooperation and innovative development of companies within the framework of external innovation networks, at home and abroad. The paper also presents the network model of the innovative company knowledge management (KM) in a innovation process and describes synergy effects of knowledge based cooperation (i.e. interorganizational KM and knowledge based relationships and learning) of the innovative company within innovation networks. The aim of a questionnaire, which was collected from 64 innovative companies, was to determine the effectiveness of interorganizational knowledge based coopetition (cooperation and/or competition) of companies within the innovation networks and influence of them on innovative development of companies. The key research questions the survey addressed were: How many and which types of outside collaborators did innovative firms cooperate within innovation networks, at home and/or abroad? What internal and external (domestic and foreign) sources of knowledge did the innovative companies use for innovations? How did innovative companies assess effectiveness of their knowledge based cooperation with respectively domestic or foreign collaborators, of various types, within innovation networks? Finally, the paper estimates the results of using chi-square test for independence research of knowledge based cooperation efficiency (which is connected with development) of innovative companies on their adequately home or foreign collaborators within innovation networks.

Innovative Development of Companies as a Basis of Innovation Systems of Russia

The article discussed the status of the innovation system of the Russian Federation. It is concluded that the resources of the state influence on innovative growth have been exhausted. This means that the accelerated translation of the economy to the innovative development is impossible without the participation of each company. Identified the cause-effect relationship between factors of innovative development company. The methodical approach to estimation of innovative potential as the basis for the development of innovative enterprises.

The importance of business incubation in developing countries: case study approach

Today business incubation is considered a powerful tool in developed and developing countries alike. Business incubators (BI) are among an assortment of initiatives to stimulate and support economic growth by promoting the creation and development of innovative companies. The aim of this paper is to identify the strengths and weaknesses of business incubation in developing countries. This paper uses a qualitative methodology based on three case studies of incubator programs in the countries of Bahrain, Saudi Arabia, and the United Arab Emirates. In addition to the case studies, a wide literature review and the authors' professional experience on the topic provide the foundation for this paper. The findings of this research present guidelines for practitioners including policy makers, governments, institutions, and funded organisations. The findings also contribute useful information to the current literature for academicians interested in the incubator model.

Temporal Factors in the Planning of Innovative Development of Companies in the Pharmaceutical Industry

This is analysis of the pharmaceutical companies on the subject of innovative development. Given that the pharmaceutical industry take time for the development and implementation of innovative products and require a large investment, inefficiency and failure of innovation is extremely costly for companies. In order to reduce the costs associated with innovation, it is necessary to know the regulatory timelines of implementation. Existing theories of the life cycles of business are purely descriptive in nature, which is not possible to accurately determine the time and used transdisciplinary systems approach allows up to 70% to determine the calendar dates for different kinds of innovations. In this regard, using the analysis set periods of innovation of different orders, the General regularities of the development companies for effective strategic planning and management of innovative activities.