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T.Shterma PhD,

Bukovynian University, Chernivtsi

 

 

KEY ASPECTS OF MANAGEMENT OF INNOVATION MARKETING AT ENTERPRISE

 

The essence and importance of innovation marketing management are researched; key aspects of management based on the generalization of leading scientists’ research are singled out.

 

Key words: innovation, innovations marketing, strategic management of innovations marketing.

 

In today’s economic environment production and promotion of new products are among the most important factors in ensuring of enterprise competitiveness. Sales and innovations attracting should be accompanied by the implementation of marketing activities, and in the context of the general management system of innovation activities - innovation marketing management.

The introduction of innovations effective marketing requires singling out of key aspects of its management, because these issues are new to business and the effective reproduction of innovation activities and its development is problematic without proper consideration. First it is strategic nature of innovation marketing realization. In order to understand the role of strategic management of innovation marketing it is necessary to analyze the business environment of domestic enterprises in detail. This analysis is also significant for determining which strategic decisions were taken in the company last year. Strategic management of innovation marketing besides long-term plan of innovative development is able to help business adapting to external changes, improve competitiveness and its innovative potential. Another aspect which should be taken into account while innovation marketing management is information security. Shaping of effective innovative marketing strategy of the enterprise is impossible in the absence of the necessary data, obtained at innovations market. Moreover it should be noted that press coverage of innovation marketing realizing has its own specifics, in particular such coverage must be complemented by patent research. Patent information is distinguished by certain essential specific features, the main ones are: reliability, availability, unification, completeness, high degree of formalization and standardization; patent documentation provides technical, legal and commercial information. It provides valuable information about the owner of an invention or technology; inventors, the duration of ownership and free access to technology if a patent action is over, etc. According to scholars innovation marketing at enterprises should be referred to as a complex of marketing principles and methods to create the necessary conditions for enterprises to find productive changes, their implementation, distribution and commercialization. In other words, innovations marketing should be viewed as an integrated means aiming to reach its potential and achieve efficiency of innovations focused on external and domestic demands creating a high degree of innovations accessibility for consumers.

Proper implementation of innovation marketing requires the construction of the appropriate infrastructure that would include financial support of marketing activities, computerization, training and involvement of staff having necessary tools of innovation market research and promotion of innovative products. It should be noted that the effective implementation of innovation marketing is under influence of innovations market infrastructure, which should include both main subjects and agents.

Determining mechanism of development of innovation marketing concept in business is to create innovative strategies. Development of innovation marketing concept of the company, which begins with the selection of innovative strategies for stages of finding and developing of innovative ideas must encompass prediction of innovation competitiveness and technological assessment of its expected volatility, strategy of innovation project development is central in the construction of the marketing concept, which includes marketing and operational measures necessary to implement strategies of innovative project and to achieve project and corporate goals.

Innovation cycles are characterized by starting with the ideas generating, conducting of basic and applied research covering all phases until the innovation, due to a new idea, shall be replaced by qualitatively new, progressive innovation, ensuring appropriate quantum leap.

Inclusion of innovation marketing to the innovation process should be comprehensive, the main directions of which are shown in Table 1.

 

Table 1

 

Implementation of innovations marketing during the main stages of the innovation process

 

Stages of the innovation process

Innovations marketing at the stages of the innovation process

 

 

 

 

Ideas generating

Finding out the ways to meet consumers’ available needs

Marketing research concerning consumers’ latent demands

Adapting and finding out of innovations ideas on the basis of ideas generating methods

Shaping of marketing concept of new products and services

Market analysis concerning inventors’ innovative ideas meeting modern and upcoming heeds of the market

 

 

 

Scientific and research, research and design works

Patent research

Developing of the goods lines of innovations

Developing of product concept or process innovation

Constant monitoring of the market concerning comparative demands meeting in the process of innovation developing

Market research as for availability or possibility of technologies or equipment development for making products innovations

Prognosing of scientific and technical progress rate

Forecasting of innovation competitiveness

 

 

Experimental works

Early assessment of new product market attractiveness

Test marketing

Demand forecasting with consumers’ specifics of innovative product

 

Production

Planning and organization of new goods production

Forecasting of the sale volume of innovative product

Making up of orders portfolio of innovations

 

 

Commercialization, diffusion

Providing of innovation communications in marketing channel

Implementing of marketing activities concerning innovative products

Developing and implementing of marketing strategy of innovation market promotion

Innovations marketing is not only a means to facilitate the development and implementation of innovative products, but also a link providing interconsistency of the innovation process elements. In addition, due to its implementation the prerequisites for the next stage of the innovation process appear. That is, it may be noted that innovation marketing acts as a catalyst by which full cycle of innovation is implemented and innovation turns into a real existing product that meets the consumers’ needs and helps the company to choose an innovative way of development.

In conclusion, we can say that innovative activity of the enterprise affects its ability to meet customer’s needs, market position, competitiveness, financial stability, ability to survive. Therefore, key aspects of innovation marketing at the enterprise are: realization of strategic innovation marketing, information security, infrastructure management of innovation marketing; management of the concept developing of innovation marketing, management of innovation marketing in the structure of the innovation process.

 

 

 

 

 

1.                 http://essuir.sumdu.edu.ua/handle

2.                 http://mmi.fem.sumdu.edu.ua/journals