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On The Problem Of The Indicative Evaluation Of The Industrial Enterprise Innovative Potential

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  • L. N. Ustinova
  • A. Е. Ustinov

Abstract

The article is devoted to the actual issue how to estimate an innovative potential, which is recognized now as the basis for innovative development of economic systems, not only at the micro and meso, but at the macro level as well. To be able to analyze and develop indicators to assess the innovation potential of the company it is advisable to define the term «innovation», which has a fairly large range of semantic interpretation. The modern legislation accepts the following interpretation of the term «innovation»: innovation is « a recently introduced new or significantly improved product (goods and services) or process, a new method of sales or a new organizational method in business practices, workplace organization of external relations. The functioning of major industrial and economic systems is associated both with solving of current production problems using intellectual capital as a resource, and the formulation of new long-term goals for growth and development opportunities in the future. Study of the needs of the market, the development of a new product, process improvement, modernization of equipment represent tasks that will allow the company to reach a new level of competitive innovation. This is a task of strategic nature, the solution of which can bring the Russian enterprises on a new competitive innovation level. The neccesity to find the universal system of indicators to measure the innovative capacity of the enterprise, enabling the identification of latent reserves and opportunities for innovative growth and development of the company, effective use of available resources dis-close the importance of this topic.Â

Suggested Citation

  • L. N. Ustinova & A. Е. Ustinov, 2015. "On The Problem Of The Indicative Evaluation Of The Industrial Enterprise Innovative Potential," Russian Journal of Industrial Economics, MISIS, issue 3.
  • Handle: RePEc:ach:journl:y:2015:id:220
    DOI: 10.17073/2072-1633-2014-3-29-34
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