Innovation Management Process Research Articles

Innovative development of the AIC: problems and strategies for their solution

Currently, there are many unresolved problems in agricultural sectors: low level of production and processing of agricultural products, presence of significant number of small-scale farms, financial instability of agricultural entities, insufficient rates of improvement of market infrastructure, which hinders innovative renewal of agricultural sector, and digitalization processes. The goal is to substantiate the strategy for technological modernization of the republic's AIC. The methods are based on scientific research by domestic and foreign scientists, data from the Bureau of National Statistics, Agency for Strategic Planning and Reforming of the RK, scientific institutions, and information from official sources. Results - issues of innovative transformation and use of digital platforms to achieve high efficiency of agro-industrial production and its structural transformations, overcoming challenges and risks that pose threat to the country's agro-industrial complex were studied. Methodological approaches to managing innovation processes are considered, main reasons hindering the achievement of high results in the republic’s agriculture and building its potential are shown: low technical equipment, inefficient use of natural resources, in particular land and water, lack of the necessary system for storage, transportation and sale of products, unattractiveness of this area for investment. Conclusions - analysis of world practice shows that in the context of transition to innovative path of development of agricultural sector, regulatory role of the state, designed to ensure technological progress, increases and becomes a key factor responsible for developing a strategy for creating mechanisms for its implementation and financial support, and formation of a new type of economy. The systematic nature of implementation of innovative projects in agribusiness will help increase the number of jobs and specialists with new competencies.

Совершенствование моделей инновационного процесса в нефтегазодобывающей отрасли

The evolution of innovation models in the oil and gas industry is crucial for ensuring competitiveness and sustainability in the rapidly changing global market. The article presents research results on advancing models of the innovation process as applied to enterprises in the Russian oil and gas industry. The research is based on the analysis and further development of ideas from various Russian and foreign authors regarding the use of the integrated network model of the fifth generation of the innovation process – 5G. The proposals formulated in the article are grounded in the potential opportunities of digitizing oil and gas enterprises and utilizing new digital tools. In this regard, taking into account the specifics of the innovation process in the oil and gas industry, the author’s version of the innovation process model is proposed, on the basis of which it is possible to reasonably plan, organize and digitalize the management of innovative processes of enterprises. The research results contribute to expanding the range of methodologically sound models of the innovation process and are aimed at enhancing the management of innovation processes in strategically important sectors of the Russian economy. By aligning with the principles of the fifth generation of innovation models and leveraging digital technologies, this model aims to enhance the competitiveness and resilience of the Russian oil and gas industry in the global market landscape.

ҚОНАҚ ҮЙ ҚЫЗМЕТІНІҢ БИЗНЕС - ПРОЦЕСТЕРІН МОДЕЛЬДЕУ

The article is devoted to the management and modeling of business processes of a hotel enterprise. One of the current trends in the development of the hotel business is a significant increase in competition. Therefore, in order to create a competitive advantage, hotel companies use various approaches and tools aimed at attracting customers, providing quality services and improving the image of the hotel. One of these approaches for hotel companies is the implementation and management of innovative and efficient business processes. A necessary step in the effective application of the process approach in the management of an enterprise is the modeling of business processes. During the research, diagrams of business processes of hotel services were developed using the standardized BPMN methodology. Using these BPMN diagrams, you can determine the end result of the entire process, and analyze the activities of the enterprise. The proposed model can be used in the development of hotel service standards, identification of weaknesses and vulnerabilities in the hotel service, training of hotel staff, as well as in the educational process in the training of highly qualified specialists.

Refining Innovative Teaching Processes for Core Competencies Among Teachers in Vocational Universities: An Exploratory Mixed-Method Approach Informed by China's Reform Policy

Objective: This study aims to explore stakeholders' perspectives on the "1+X" certificate policy and its impact on innovative teaching methods to enhance instructors' core abilities at vocational colleges. It also aims to develop a management model for innovation processes based on this policy and instructors' essential skills. Theoretical Framework: The project involves key stakeholders, including executives, teachers, and students. Consequently, this study commences with an exploration of the policy implementation process, drawing upon the practical experiences of these key stakeholders. Subsequently, it seeks to evaluate the proficiency levels of university teachers. Lastly, it endeavors to examine the relationship between the key factors of the innovative management process and teachers' competencies. Method: Using a sequential exploratory mixed-method approach, qualitative data was collected from vocational college administrators, industrial managers, and certified instructors in Yunnan and Chongqing in 2023. A purposive sample of 30 individuals was analyzed using data from institutional reports, interviews, and focus groups, with thematic analysis for interpretation. Results and Discussion: Qualitative findings identified three key factors affecting the management of innovative teaching processes and teachers' core competencies: policy implementation, training, and knowledge transfer. Based on these insights, the PTKT model was proposed and empirically tested with PLS-SEM. Results showed that knowledge transfer plays a mediating role between policy implementation and teacher core competencies, as well as between training and teacher core competencies, with all hypotheses supported. Research Implications: The study provides dual recommendations. For innovation management, it suggests administrators and HR managers focus on continuous skill development before, during, and after training, emphasizing aspects such as recruitment, selection, fostering a supportive work environment, and enhancing knowledge transfer. For future research, it proposes adopting action research methodologies, customizing courses, and engaging in project-based training and R&D activities to facilitate mutual learning.

Unveiling the relationships between visibility, information technologies and innovation management for sustainability performance: an empirical study

PurposeThe paper investigates how visibility, information technology and innovation management impact sustainability performance. It proposes a framework explaining the role of visibility in driving firms' sustainable performance and the relevance of innovation management and information technologies in enhancing organisational visibility. This study intends to add to the discussion within the management literature about the potential of innovation management to drive sustainability. It seeks to provide insight into the practices that small and medium-sized enterprises (SMEs) can adopt to improve their sustainable performance.Design/methodology/approachUsing empirical methods, the study investigates SMEs in central Mexico. The demographic information in the dataset includes 15 years as an average length of service from firms. Of the surveyed firms, 70% were from the manufacturing sector and 30% were from the service sector, as these are the most representative sectors of the productive region. A variance-based structural equation model approach was used to test the hypotheses, processed with the partial least squares (PLS) regression method.FindingsThe research results show that visibility significantly impacts sustainability performance. Innovation management has a higher influence on visibility than information technologies, emphasising the need to improve the quality of information in firms, not just the tools. The findings support managers in comprehending the crucial importance of visibility in aiding firms to achieve higher sustainability performance.Research limitations/implicationsThe study only examined a sample of Mexican SMEs; therefore, the findings' generalizability must be considered within this context. Secondly, the survey only focused on services and manufacturing firms and a more detailed analysis of the sector could provide further clarity on the relationships between variables. As a result, future research should consider these limitations and explore additional contexts to improve the overall understanding of the topic. Moreover, the scale used to measure the variables was adapted from other researchers with similar context research and reflective variables.Practical implicationsThe results provide helpful information for SME managers about the importance of focusing on innovation management processes and employing information technologies as crucial managerial strategies. This will aid in increasing visibility and supporting the development of sustainability performance in firms.Social implicationsThe world red-code, among others, with climate change and social gaps, has generated the need to contribute to sustainable development, and it has mobilised people on all levels all over the world for the simple purpose of preserving life. Therefore, society, as a crucial group that affects and is affected by this red-code situation, should act in favour of visibility, the use of high-quality information (e.g. transparent, accessible and relevant) and information technologies to promote sustainable practices. This could mean that society should be prepared to incorporate new capabilities and spaces to interchange knowledge as a participatory community that can contribute to better sustainable dynamics that could expand its participation in public decisions. Also, the government should encourage digital democracy (e.g. develop social participation platforms), opening and harmonising rules and mechanisms combining high-quality information with IT to provide flexible and adequate services that support sustainable development, such as efforts towards constructing sustainable and smart cities.Originality/valueThis study explores how innovation management can drive firms' sustainability performance, which is crucial for improving competitiveness. The question of how to enhance sustainability performance through managerial drivers is a critical one. This study empirically investigates the nexus of visibility and sustainability performance, innovation management and information technology with visibility.

Impact of quantum technologies on innovation processes in the global economy

The article examines the impact of quantum technologies on innovation processes in the global economy. It analyzes the critical aspects of integrating quantum technologies in various sectors of the economy, particularly in the financial, health care, production, and IT spheres. Theoretical models and empirical data confirming how quantum technologies can accelerate innovation processes, increase research efficiency, and create new economic opportunities are considered. The article also provides practical recommendations for strategic planning and management of innovation processes in the conditions of the quantum revolution. Special attention is paid to the importance of an interdisciplinary approach and cooperation between business and the state. The author noted that the modern economy is on the threshold of a new era, where quantum technologies play a decisive role, which represents a new class of tools capable of radically changing traditional approaches to data processing, security, and computing. Quantum computers, quantum cryptography and quantum communication open opportunities for the economy that can accelerate the development of new materials, optimize logistics chains and increase the level of data security. At the same time, the article highlights the need to develop global standards in the field of quantum technologies. The results of the research will contribute to a better understanding of the potential of quantum technologies to stimulate innovation and increase the competitiveness of the economy. Keywords: quantum technologies, global economy, innovation processes, quantum cryptography, quantum computing, quantum modeling, quantum communication, economic models, quantum algorithms, cyber security, logistics optimization, risk management, economic growth, financial markets, health care, production, quantum networks, development strategies, digital economy, technological revolution.

Managerial Decision-Making Methodology to Support Innovation Activities: Evidence from Slovak Enterprises

The creation of innovations in enterprises is a topic that has a firm place in the scientific literature, and the authors describe several procedures and theories of the functioning of the innovation process in enterprises. One part of the innovation process is decision-making. In the article, attention is paid to the results of research on the decision-making process as an important and integral part of the innovation process. The elements of the decision-making process and their impact on innovation represent an area of possible exploration and development of theories on decision-making in the innovation process. It is here that we have proposed a methodology for decision-making in the innovation process. The management of innovation processes, of which decision-making is an important part, provides multiple points of error for enterprises. Errors are experienced by enterprises due to a lack of information or its misuse, the influence of communication and time, and also the lack of experience of employees. The aim of this paper is to highlight the different decision-making criteria and approaches to innovation activities in Slovak enterprises within the framework of the developed methodology and survey results.

Membangun Fondasi Complementary Agenda Untuk Transformasi Digital Bisnis

Digital innovation is fundamentally changing the business landscape, driving advances in products, processes and business models. It involves complex interactions between technological and social aspects, creating ambiguity between process and product. It is important to understand how digital innovation impacts business process management. This study uses a literature approach to explore the concepts of digital innovation and business process management. The research was conducted by analyzing related literature from various academic and professional sources, including scientific journals, books and industry publications. Digital innovation not only creates technological progress, but also changes social processes and organizational structures. This phenomenon can be seen in platforms such as Uber or DevOps, which show a close connection between product and process. Digital innovation also enables continuous evolution and improvement of products and processes over time. Business process management is becoming increasingly important in facing the challenges and opportunities brought by digital innovation. Agile and adaptive process management strategies are needed to cope with rapid changes in the digital business environment. From the literature analysis, it appears that integration between digital innovation and business process management is very important. To optimize the benefits of digital innovation, organizations need to adopt an agile and adaptive approach in their process management. This involves continuous adaptation to technological and social changes as well as increased collaboration between various functions within the organization. Suggestions for future research are to conduct more in-depth empirical studies to understand the concrete impact of digital innovation on business process management, as well as to develop a practical framework for applying process management principles in the context of digital innovation.

The Influence of Green Leadership and Entrepreneurship on the Sustainability of Manufacturing Companies: Mediation of Green Innovation and Knowledge Management

<em>The industrial sector is one of the main contributors to Indonesia's economic development and GDP. However, the growth of the manufacturing industry cannot be separated from negative effects such as waste or emissions produced. The industrial sector is under pressure to immediately reduce the impact of its production emissions and waste on the environment. It needs to transform in a greener direction to improve the company's sustainability performance which consists of 3 aspects, namely economic, environmental, and social. This research will examine the influence of green transformational leadership, knowledge-oriented leadership, and green entrepreneurial orientation on corporate sustainability performance through the mediating role of green innovation and knowledge management processes. The research will be carried out using qualitative methods on 133 manufacturing industries in Indonesia with Structural Equation Modeling (SEM) analysis with the Partial Least Square (PLS) method to test the hypothesis. The results of this research show that the role of mediation has a positive influence on the company's sustainability performance, especially the knowledge management process which can act as a mediator between green transformational leadership, knowledge-oriented leadership, and green entrepreneurial orientation and the company's sustainability performance.</em>

АУДИТ ІННОВАЦІЙ В БУХГАЛТЕРСЬКОМУ ОБЛІКУ ТА ТЕХНОЛОГІЯХ УПРАВЛІННЯ

Formulation of the problem. Іnnovations introduced into accounting and management practices require adequate auditing to ensure their reliability and compliance with standards. However, existing approaches to the audit of innovations in accounting and management technologies may be insufficient or unadapted to modern requirements and realities of the market environment. The purpose of the study is to consider and analyze modern approaches to auditing innovations in accounting and the use of advanced management technologies to support innovation processes in enterprises. The object of the research is auditing methods and approaches used to assess the effectiveness and risks of innovative processes and products in accounting. Research methods: logical and meaningful method, methods of comparison, systematization, induction and deduction, analysis and synthesis, coefficient method. The main research hypothesis. The implementation of innovation audits in accounting and the use of advanced management technologies contributes to the improvement of the efficiency of management of innovation processes and ensures an increase in the competitiveness of the enterprise. Presenting main material. The article examines the formation and development of the market of business incubators in Kyrgyzstan. The types of services provided by business incubators were considered in detail, the structure of business incubators was characterized taking into account their types and types, the main industry markets in which they grow small innovative companies were described. An audit of articles on the dynamics of industry specialization of residents in business incubators and the main mechanism for placing residents in business incubators was conducted. Originality and practical significance. The study seeks to reveal the importance of the interaction between these two aspects and show how they can interact to support innovative processes and strategies in enterprises. By revealing methods and approaches to innovation audits and the use of advanced management technologies, this article provides practical recommendations for improving the efficiency of innovation project management, improving financial reporting and reducing risks. Conclusions and prospects for further research. The application of an integrated approach to the audit of innovations and the use of advanced management technologies can contribute to increasing the competitiveness and success of the enterprise in the conditions of constant changes in the market. The presence of proper innovation audit processes and the use of advanced management technologies is a necessary condition for achieving stable and successful development of the enterprise in the conditions of the modern economic environment.

Navigating the Digital Frontier: Emerging Trends in Digital Innovation Management for 2023 and Beyond

Purpose: After the pandemic digital technologies have increasingly become the focus of companies’ innovation management processes. This trend has led to a rapid expansion of the field, with a growing number of research papers on various facets of this topic being published in academic journals. However, the proliferation of literature in the field has complicated the ease with which practitioners and academics can stay up to date with the latest developments and build on recent findings in their respective work. In order to succeed within the field of digital innovation management a strong grasp of the newest trends is required to not fall behind competitors, and to be able to develop cutting edge research. To address this challenge, this paper aims to answer the research question: What are the most common themes in post-pandemic digital innovation management literature? Design/methodology/approach: To answer this question, this study conducted a systematic literature review of 148 academic papers published between 2020 and 2023. The identified trends were subsequently organized into a framework that provides a comprehensive understanding of the field. Findings: The identified trends can be classified as either catalysts or new opportunities. Catalysts are trends that companies can implement to make their digital innovation management more efficient. The four identified catalysts are: the use of artificial intelligence as a vital part of innovating, educating leaders and employees, incorporating digital knowledge management practices, and collaborating with innovation networks. The articles also point to three trends classified as new opportunities that digital innovation management can enable, such as more sustainable initiatives, better foreign aid, and a transition to platformization. Originality: This study summarizes the research direction of digital innovation management and synthesizes important key developments leading up to the year 2023, which researchers and practitioners should be aware of.

Development of a Mechanism for Assessing Mutual Structural Relations for Import Substitution of High-Tech Transfer in Life Cycle Management of Fundamentally New Products

The emergence of fundamentally new products is conditioned both by the development of techniques and technologies and by the emerging new needs and conditions of economic and social life of society. In this case, the process of achieving product dominance in the market has a progressive cyclical character in the form of a spiral pattern, the movement along which occurs with acceleration. At the current stage of economic development, most states have problems expanding sales of products and capturing new markets. These problems today are described in the works of various scientists; the research of the authors touches upon the issues of economic development. Today’s economic conditions, which are characterized by the application of sanctions pressure on a large scale, do not assess the opposite effect, when the countries that are subjected to this pressure, and the countries that organize this pressure, suffer economic damage. Some suffer damage in the form of reduced ability to produce knowledge-intensive products by providing them with imported materials and components, others who exert this pressure, by reducing the sales of their products, and in this case, it is relevant to build a mechanism for assessing mutual structural links for import substitution of high-tech transfer in the management of the life cycle of radical new products, which in our view is useful for those or other countries. The hypothesis is that the modeling of mutual structural relations of high-tech transfer in the management of the life cycle of radical new products will significantly improve the mechanisms of industrial policy management and national technological security and ensure sustainable economic development. The aim of the study is the task of developing a mechanism of mutual structural links and assessing the synergetic economic effect based on the approach of intersectoral links, interactions and interdependencies. In the course of the research, the following tasks are solved: the necessity to adequately replace high-tech imports within the framework of national technological security is substantiated, for this purpose it is necessary to create unique equipment for the system of RNP production; the assessment of the possibility of realization of such a task is carried out; the assessment of high-tech competencies of science and production, technical and resource readiness (configuration of the RNP system) is necessary, and a complex model for the assessment of structural and mutual linkages in the economy of innovation is developed. The modeling performed by the authors allowed us to assess the structure of domestic high-tech imports and the coefficients of mutual linkage of imports. The practical significance of the study lies in the fact that the conducted research makes it possible to significantly improve the efficiency of management of innovation processes of high-tech transfer to ensure the creation of a system of production of radically new products at the levels of organization, industry or national economy, which will ensure stable economic development. For this purpose, the structure and dynamics of high-tech imports of the Russian Federation have been analyzed and calculated, taking into account critical technologies and industries. The multiplier effects in high-tech industries of the Russian economy taking into account imports were analyzed on the basis of the latest actual detailed data of Rosstat. The estimation of the mutual relationship of imports and application of the developed toolkit for the example “Mechanical equipment, machine tools and other equipment for general or special purposes” is carried out.

Innovation Management in 6G Research: The Case of Hexa-X Project

Very often in the past, innovations from research communities have been disconnected from industry adoption, leading to a lack of exploitation of research projects. To overcome this issue, in the view of future 6G systems, the Hexa-X project is putting in place an Innovation Management (IM) process, aiming to facilitate and promote innovation opportunities based on project outcomes and ensure that all the ideas emerging from the project are captured and tracked, not "lost". Focus of IM is on supporting the project to promptly identify innovations and engage with emerging innovation needs in the sector, for identifying gaps and potentials with strategic value. This paper presents the IM approach in Hexa-X and selected innovations (some of which also awarded by the EC Innovation Radar), with particular emphasis on the technical aspects of these findings coupled with their identified strategic value for future 6G market exploitation.

Management of innovation processes in agriculture

Agriculture is one of the most critical sectors of the economy of the Republic of Kazakhstan. Therefore, the development of its innovativeness in the formation of public policy needs new methods of its formation is one of the most discussed issues among scientists and politicians. Thus, it is relevant to consider methods of management of innovation processes in agriculture as an integral part of the effectiveness of innovation in enterprises and the industry as a whole and to determine which of them can be used most effectively in the Republic of Kazakhstan. The primary method of the study was modelling, given the number of built and analysed models shown in the work; other methods worth mentioning are analysis, formalisation, forecasting, the historical method, and others. Thus, the research considered some basic models describing the management of innovation processes in agriculture. It was highlighted that they all have their strengths and weaknesses in one way or another. Nevertheless, there are universal principles for building models of innovation process management that should be followed. For example, the interaction between the subjects of the model should be effortless and transparent. At the same time, they should receive sufficient amounts of qualitative information from the external environment. Considering them, as well as addressing the general features of the development of the Republic of Kazakhstan and its agricultural sector, it is possible to achieve significant success in solving the described problems. The research also analyses some methods of building management models of innovation processes. The work brings new knowledge to the theory of management as well as provides an opportunity to find methods to improve the management of innovation processes in agriculture.

ACCOUNTING AND INFORMATIONAL SUPPORT FOR FINANCING AND MANAGEMENT OF INNOVATIVE ACTIVITIES OF ENTERPRISES

Introduction. The development, financing, and implementation of innovative projects require the organization of effective innovation management, with the primary source of information being the accounting of innovative activities. The purpose of the article is to optimize theoretical principles and enhance the methodology of preparing and using accounting information for managing innovative activities, as well as financing innovative projects. Results. The interconnection of operational, investment, and financial activities of enterprises within the innovation environment has been substantiated, encompassing the creation, implementation, and realization of innovations. The positioning of accounting information about the operational, investment, and financial activities of enterprises in the management and financing of innovative processes has been investigated. In order to ascertain the substantive content of accounting information about the innovative activities of enterprises, a classification of its objects from the perspective of management, accounting, and financing has been carried out. For the effective accounting of diverse and variable innovative objects, the utilization of universal principles for the preparation and application of accounting information has been proposed. It has been demonstrated that adhering to fundamental provisions ensures an efficient integrated interaction between accounting, management, and financing of enterprises' innovative activities. The distinctive features of forming and using accounting information within an integrated system of accounting and management of innovative processes have been identified. Conclusions. The effective preparation and utilization of accounting information, utilizing the provided suggestions and recommendations, in the management and financing of innovative activities ensures the realization of its goals and the attainment of positive financial outcomes. Further research is needed for the methodology of accounting for variable innovative objects with the preparation of reporting for internal and external stakeholders.

Evaluating Innovation Capability in Banking Under Uncertainty

The evaluation of innovation capability (IC) plays a key role in an age of keen competition driven by modern technologies, since it enables organizations to review their innovation management process and to adjust their corresponding innovation policies. Moreover, the IC evaluation is, in fact, a multicriteria process with high uncertainty, since the market environments and competitors’ performance are both in a dynamic environment. Therefore, the evaluation of IC under uncertainty is vital to organizations. This study proposes a new integrated method for the evaluation of IC in banking organizations by combining the analytic hierarchy process (AHP) and the evidential reasoning (ER) approach in terms of the Dempster–Shafer theory of evidence. Three Vietnamese banks were used as a case study to demonstrate the applicability and validity of the proposed method. Experts in banking-related fields were invited to determine the relative importance weights of critical innovation management practices (CIMPs) and their sub-CIMPs using the AHP and to score the maturity levels of sub-CIMPs at the evaluated banks. The ER approach was then applied to generate aggregated assessments representing the ICs of banks that were finally used for their ranking in terms of IC.

ОСОБЕННОСТИ ФОРМИРОВАНИЯ ОРГАНИЗАЦИОННО-ЭКОНОМИЧЕСКОГО МЕХАНИЗМА УПРАВЛЕНИЯ ИННОВАЦИОННЫМ РАЗВИТИЕМ ОРГАНИЗАЦИЙ ТЕПЛОСНАБЖЕНИЯ

The article considers the organizational and economic mechanism for managing the innovative development of heat supply organizations, based on the principles of a systematic approach to management, taking into account the main content characteristics and methods of managing the innovative development of heat supply organizations. The formed organizational and economic mechanism is based on three interrelated subsystems that ensure the integrated management of innovative development processes.

Methods of formation of business processes of construction enterprises based on the concept of sustainable development

The article is devoted to the research in the field of methods of forming business processes of manufacturing enterprises based on the concept of sustainable development. In the course of its implementation the theoretical and methodological foundations of business process management, the degree of influence of the introduction of innovative business process management system on the efficiency of the enterprise and ensuring its sustainable development, including on the basis of the application of the ESG concept, have been studied. The relevance of the study lies in the need for enterprises to adapt to a complex and dynamic external environment, which requires continuous improvement of sustainable development support systems.

Theoretical and methodological foundations for the development and formal model of behavior of a subject of a multi-level innovation environment with information asymmetry

This article provides an overview of the theoretical and methodological foundations for creating formal models of behavior of subjects in a multi-level innovation environment, where information asymmetry plays an important role. In the context of modern trends in innovative development, understanding the impact of information inequality on decision-making and interaction of participants is a key aspect for the effective management of innovation processes. The article discusses various methods for modeling the interaction of actors in an innovation environment, including game theory, agent-based modeling, network analysis and statistical approaches. These methods make it possible to create formal models that reflect the dynamics of the behavior of subjects and their strategies in conditions of information asymmetry. Particular attention is paid to analyzing the impact of information asymmetry on modeling results and assessing the effectiveness of various strategies for managing asymmetry in an innovation environment. The results of the article highlight the importance of further research in the field of modeling innovation processes taking into account information asymmetry to develop effective risk management strategies and create an enabling environment for innovation and development.

ИНТЕЛЛЕКТУАЛЬНЫЙ КАПИТАЛ И ИННОВАЦИИ: ОСОБЕННОСТИ ЭКОНОМИЧЕСКОЙ ВЗАИМОСВЯЗИ И УПРАВЛЕНИЯ

The article is devoted to the study of the conceptual and methodological foundations and conceptual and categorical analysis of the definition of “intellectual capital”, as well as the economic evolution of its formation and development. The scientific heritage of scientists representing classical and neoclassical schools of economics is critically rethought, and a comparative characteristic of theoretical and practical results, developments and recommendations on the formation and management of innovative activities and intellectual capital of enterprises is performed. In the course of the study, the causal relationship between intellectual capital and innovation was revealed and the high importance of the function of managing innovation processes in modern high-tech economic entities of the knowledge-intensive industrial complex was determined.