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Specific Features of Formation and Distribution of the Fund of Innovation Development when Motivating Employees of Enterprises

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  • Kuzmin Oleh Ye.

    ()
    (National University "Lviv Polytechnic")

  • Voronovska Marta M.

    ()
    (National University "Lviv Polytechnic")

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    Abstract

    The article considers motivation activity at industrial enterprises and underlines importance of its execution under conditions of innovation activity. In order to perform it the article offers to use a number of material (bonus system by generalised grades, bonus for doing especially important work for a certain period of time with consideration of the labour process with innovation activity of the enterprise, etc.) and non-material (praise, gratuity, methods of formation of collectives, etc.) incentives, the source of which is application of the fund of innovation development. In order to increase effectiveness of motivation activity of an enterprise the article identifies specific features of its formation and distribution: financial and purposeful character, continuity, inclusion of individual payments only and existence of norms of deduction of its funds.

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    Bibliographic Info

    Article provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.

    Volume (Year): (2014)
    Issue (Month): 2 ()
    Pages: 196_200

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    Handle: RePEc:idp:bizinf:y:2014:i:2:p:196_200

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    Web page: http://www.business-inform.net

    Related research

    Keywords: innovation activity; motivation; incentives; fund of innovation development; specific features;

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