Economic Efficiency of Innovative Development in Industry

Kamran Rəsulov

Abstract

The study deals with the economic efficiency of innovative development in the industry. The ultimate goal of innovation and production activities is to increase the competitiveness of a manufacturing enterprise in the relevant market segment by increasing labour productivity and improving product quality. In the study, the author conducts a comparative analysis of the other sectors of the economies of developed countries. It is noted that to assess the effectiveness of innovative projects in industries, first of all, it is necessary to calculate the cost of innovation and the costs incurred.

10.22178/pos.80-2


Keywords


innovative development; economic efficiency; industry; competitiveness



References


Alekseev, A., Khlebnikov, K., Fomin, E., Fomina, N., Salkina, A., & Konnikov, E. (2019). Factors of economic efficiency of innovative entrepreneurship in the manufacturing industry. IOP Conference Series: Materials Science and Engineering, 618(1), 012089. doi: 10.1088/1757-899x/618/1/012089

Avdonina, S. (2010). Faktory innovatsionnoy aktivnosti predpriyatiy [Factors of innovative activity of enterprises]. Ekonomicheskiye nauki, 6(67), 49–52 (in Russian)
[Авдонина, С. (2010). Факторы инновационной активности предприятий. Экономические науки, 6(67), 49–52].

Barsukov, D., & Skorchelletti, D. (2012). Konkurentosposobnost' innovatsionnogo proekta: soderzhanie, faktory, otsenka [Competitiveness of an innovative project: content, factors, assessment]. Rossiiskoe predprinimatel’stvo, 13(4), 49–54 (in Russian)
[Барсуков, Д., & Скорчеллетти, Д. (2012). Конкурентоспособность инновационного проекта: содержание, факторы, оценка. Российское предпринимательство, 13(4), 49–54].

Belyakova, Q., & Chayran, Yu. (2014). Faktory, vliyanie na razvitie innovatsionnoy deyatel’nosti. Kreativnaya ekonomika, 11(95), 162–170 (in Russian)
[Белякова, Г., & Чайран, Ю. (2014). Факторы, влияние на развитие инновационной деятельности. Креативная экономика, 11(95), 162–170].

Boone, L., Criscuolo, C., & Mancini, J. (2019, May 31). Competition in the digital age. Retrieved from https://oecdecoscope.blog/2019/05/31/competition-in-the-digital-age

Burlakova, V. (2013). Otsenka konkurentosposobnosti innovatsii – iskhodnyi element dlya osushchestvleniya innovatsionnoi strategii [Assessment of the competitiveness of innovations is the starting element for the implementation of an innovation strategy]. Izvestiya Moskovskogo gosudarstvennogo tekhnicheskogo universiteta MAMI, 4(1), 147–152 (in Russian)
[Бурлаков, В. (2013). Оценка конкурентоспособности инноваций — исходный элемент для осуществления инновационной стратегии. Известия Московского государственного технического университета МАМИ, 4(1), 147–152].

Copiello, S. (2015). Achieving affordable housing through energy efficiency strategy. Energy Policy, 85, 288–298. doi: 10.1016/j.enpol.2015.06.017

D’Este, P., Guy, F., & Iammarino, S. (2012). Shaping the formation of university-industry research collaborations: what type of proximity does really matter? Journal of Economic Geography, 13(4), 537–558. doi: 10.1093/jeg/lbs010

Frank, E. (2016). Kommertsializatsiya nauchnykh razrabotok: ot idei k vnedreniyu [Commercialization of scientific developments: from idea to implementation]. Ekonomika i biznes: teoriya i praktika, 12, 146–148 (in Russian)
[Франк, Е. (2016). Коммерциализация научных разработок: от идеи к внедрению. Экономика и бизнес: теория и практика, 12, 146–148].

Isgandarov, R. (2010). Elmi-texniki tərəqqi: sosial-iqtisadi aspektler [Elmi-texniki tərəqqi: sosial–iqtisadi aspektler]. Baku: Elm ve tehsil (in Azerbajanian)
[İsgəndərov, R. (2010). Elmi-texniki tərəqqi: sosial-iqtisadi aspektlər. Bakı: Elm və Təhsil].

Komkov, N., & Bondareva, N. (2007). Problemy kommertsializatsii nauchnykh issledovanii i napravleniya ikh resheniya [Problems of commercialization of scientific research and directions for their solution]. Problemy prognozirovaniya, 1, 4–28
[Комков, Н., & Бондарева, Н. (2007). Проблемы коммерциализации научных исследований и направления их решения. Проблемы прогнозирования, 1, 4–28].

Lur’e, E. (2011). Innovatsionnaya Rossiya. 15-letie dzhurnala “Innovatsii” [Innovative Russia. 15th anniversary of the magazine "Innovations"]. Retrieved from www.transfer.eltech.ru/innov/archive.nsf (in Russian)
[Лурье, Е. (2011). Инновационная Россия. 15-летие журнала «Инновации». URL: http: www.transfer.eltech.ru/innov/archive.nsf].

Lyakhovich, D. (2008). Obshchaya kharakteristika i struktura rynka produktsii naukoemkikh proizvodstv promyshlennykh predpriyatii [General characteristics and structure of the market for products of high-tech industries of industrial enterprises]. Kreativnaya ekonomika, 2(3), 20–25 (in Russian)
[Ляхович, Д. (2008). Общая характеристика и структура рынка продукции наукоемких производств промышленных предприятий. Креативная экономика, 2(3), 20–25].

Nahtigal, M. (2014). Toward Modern European Industrial Policy. Managing Global Transitions, 12(2), 179–194.

Shangaraev, R. (2011). Vzaimodeistvie rynka innovatsii i gosudarstva [Interaction between the innovation market and the state]. Teoreticheskaya ekonomika, 4, 85–88 (in Russian)
[Шангараев, Р. (2011). Взаимодействие рынка инноваций и государства. Теоретическая экономика, 4, 85–88].

Simakov, O. (2014). Ekonomicheskaya tselesoobraznost’: filosofskiy i yuridicheskiy aspekty ponyatiya [Economic expediency: philosophical and legal aspects of the concept]. In Ekonomika, upravlenie, finansy (pp. 17–19). Perm’: Merkuriy (in Russian)
[Симаков, О. (2014). Экономическая целесообразность: философский и юридический аспекты понятия. В Экономика, управление, финансы (с. 17–19). Пермь: Меркурий].

Trilitskaya, O. (2013). Innovatsionnaya aktivnost' kak faktor povysheniya konkurentosposobnosti predpriyatiya [Innovative activity as a factor in increasing the competitiveness of an enterprise]. Vestnik Volgogradskoqo gosudarstvennoqo universiteta. Seriya 3, Ekonomika, Ekologiya, 1(22), 155–161 (in Russian)
[Трилицкая, О. (2013). Инновационная активность как фактор повышения конкурентоспособности предприятия. Вестник Волгоградского государственного университета. Серия Экономика, Экология, 1(22), 155–161].

UNIDO. (2007). Industrial Development for the 21st Century. Retrieved from https://www.un.org/esa/sustdev/publications/industrial_development/full_report.pdf

UNIDO. (2013). Industrial Development Report 2013. Retrieved from https://www.unido.org/sites/default/files/2013-12/UNIDO_IDR_2013_main_report_0.pdf

Vladykin, A. (2013). Kommertsializatsiya nauchnykh razrabotok kak rezul'tat innovatsionnoi deyatel'nosti i sposob dopolnitel'nogo finansirovaniya vysshego uchebnogo zavedeniya [Commercialization of scientific developments as a result of innovation activity and a way of additional financing of a higher educational institution]. Teoriya i praktika obshchestvennogo razvitiya, 4, 219–223 (in Russian)
[Владыкин, А. (2013). Коммерциализация научных разработок как результат инновационной деятельности и способ дополнительного финансирования высшего учебного заведения. Теория и практика общественного развития, 4, 219–223].

Yakovets, Yu.(2008). Qlobalizatsiya i vzaimodeystvie [Globalization and interaction of civilizations]. Moscow: Ekonomika (in Russian)
[Яковец, Ю. (2008). Глобализация и взаимодействие цивилизаций. Москва: Экономика].


Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM

Refbacks

  • There are currently no refbacks.


Bookmark and Share


Copyright (c) 2022 Kamran Rəsulov

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.