Economic science/ 10. Enterprise economy

 

D. Stashenuk  (Master of 2 course)

National University of technologies and design, Kyiv

 

Increasing efficiency of enterprise's innovative activity

 in the world of modern economy

 

Ukraine ³ncreasing the level of efficiency of innovative activity of enterprise in conditions of modern economy ³n Ukraine, the issues of innovation activities in the direction of improving the efficiency and quality aspects of production and economic activity can be ensured not only by constant improvement of the production process, but also on the basis of transition of the enterprises to the innovative way of development.

The crucial role of innovation radically changes the activity of enterprise in conditions of modern economy. Innovations become the core competitiveness of enterprises, increase efficiency, and improve the quality of products and services.

Innovative activities is a process aimed at the implementation of results of completed scientific research and development or other scientific and technological achievements into new or improved products sold in the market, used in practical activities, as well as the associated additional research and development.

Innovative activities include:

                   implementation of scientific-research, experimental-design or technological works on creation of an innovative product;

                   the integrated scientific-technological, indicative planning and target programming, organization and legal maintenance of works on creation of an innovative product;

                   technological re-equipment and production preparation for release of an innovative product (service), technology;

                   manage the processes of technology commercialization;

                   activities to promote innovative product in domestic and global markets, including the legal protection of results of intellectual activities used in the product; -creation and development of innovation infrastructure;

                   expertise, consulting, information, legal and other services to create and implement new and improved innovative product.

Innovation is the result of innovative activity, reflected in the form of scientific, technical, organizational or socio-economic innovations that can be obtained at any stage of the innovation process.

The results of innovation are also know - how, which represent a fully or partially confidential knowledge, experience, skills, including information, technical, economic, administrative, financial and otherwise.

Innovation performance can be evaluated through the competitiveness of new products, their successful representation in domestic and foreign markets. For the analysis and assessment of innovations and innovative activity in economic theory uses two major concepts of effect and efficiency.

Òhe two major concepts of «effect» and  «efficiency» are used in economic theory for the analysis and assessment of innovations and innovative activity.

Efficiency - the relative effect, the performance of the process, operation, project, defined as the ratio of the effect (result) to the cost, expenditure, contributing to, ensure its receipt.

Man can indicate economic, scientific-technical, financial, resource, and social effects.

Calculations of results and costs are divided into indicators due to the temporary factor:

The temporary factor in the calculations of results and costs are divided into indicators:  the effect for the billing period and yearly effect.

 ²n the management efficiency of the innovation process, in addition to ensuring its technical and economic indicators, the main position is the reduction of the period of time in R & d and the choice of the release date of a new product on the market.

The market launch of new technologies demonstrates the effectiveness of innovative activities. One of the constraints for improving the effectiveness of innovation is the lack of effective innovation mechanism, first of all, development of information support for innovation activities.

The problem of ensuring the industrial enterprises’ innovative activity growth is important for Ukraine, because the problem of production efficiency increasing is in front of each business structure, and its solution requires the introduction of various innovative solutions. However, it should be noted that innovation activity of the country is still not sufficiently developed, as evidenced by national statistics.

The development of innovation-oriented industrial  enterprise depends on its choice and purchasing the  new technologies whose implementation ensure its

competitiveness over the long period of time.

And finally, the most important limiting factor in the present state of the economy is the lack of enterprises ' own funds for financing the investment required, the difficulty of obtaining long-term loans, high interest rates,a small volume of preferential crediting. To eliminate these drawbacks will help increase the effectiveness of innovation.

 

References:

1. Shmatkovska, T. A. Dolinko, T. V. (2015), «Innovative activity as the factor of competitiveness of enterprises of the agricultural sector», Problems of formation and development of innovation infrastructure: the European vector [Lviv Polytechnic publishing] ¹3, Ukraine

2. Boyko I.M. , Beznos S.V. (2013),  The innovative activity of industrial enterprises as a factor of increasing their competitiveness.  Ekonomika: realiyi chasu, ¹4(9),  Ukraine

3. Hlukhova S.V. (2013) Suchasni pidkhody do otsinky efektyvnosti innovatsiynoyi diyal'nosti pidpryyemstva // Visnyk NTU «KhPI». Seriya: Tekhnichnyy prohres i efektyvnist' vyrobnytstva. – Kh.: NTU «KhPI», Ukraine