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ORGANIZATION OF INNOVATIVE ACTIVITIES OF ENTERPRISES

https://doi.org/10.47649/vau.2022.v67.i4.07

Abstract

In the era of scientific and technological progress, one of the main issues for enterprises is the ability to compete in local and international markets, gain a competitive advantage, protect their existence, enter new markets and innovate. Constant renewal of the enterprise, equipping it with new technologies, ensuring the activities of qualified personnel, the release of new products, taking into account the needs, will further accelerate its development. Innovative products and services will allow businesses to move freely in the market. Innovation increases the flexibility of the enterprise and ensures its adequacy to changes that may occur in the domestic and foreign markets. For a more efficient implementation of the innovation process, a number of conditions are required, including the conduct of scientific research, the establishment of cooperation between private enterprises and universities, as well as the development of inter-business partnerships, the transition of enterprises from a closed innovation system to an open innovation system, strengthening information support and transfer of innovations. State policy and its measures are of great importance in stimulating the innovation process in enterprises. Measures for the preparation of legal acts, the creation of an innovation infrastructure, the promotion of technology imports, the development of the technology market, the allocation of preferential financial assistance cover the main directions of the state's innovation policy. The main goal of the measures being implemented is intensive development through the diversification of the economy, increasing the share of the non-oil industry in GDP and national income, expanding the scope of enterprises, and introducing innovative products and services.

About the Author

L. Mahmudova
Sumgait state university
Azerbaijan

Lala Mahmudova – candidate of economic sciences, associate professor, head of the department of economics

Sumgait



References

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For citations:


Mahmudova L. ORGANIZATION OF INNOVATIVE ACTIVITIES OF ENTERPRISES. Bulletin of the Khalel Dosmukhamedov Atyrau University. 2022;67(4):66-77. (In Russ.) https://doi.org/10.47649/vau.2022.v67.i4.07

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ISSN 2077-0197 (Print)
ISSN 2790-332X (Online)