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The application of information technologies and process approach in modeling of innovation process

Author

Listed:
  • A. A. Andreeva
  • Yu. N. Mansurov
  • S. Yu. Mansurov
  • D. V. Miklushevskiy

Abstract

Currently, the majority of enterprises develop innovation activity for maintaining a competitive edge in the market. The understanding of the innovation process is the crucial condition for the effective innovation management. Innovation management requires building precise and transparent model of the innovation process with the prediction of different scenarios. Modern technologies permit to design business processes effectively that enhances the probability of successful implementation of innovation. The article discusses the advantages of computer modeling regarding its conventional counterparts. In addition, the authors discuss the advantages of the implementation of the process approach to the development of the innovation process model. In conclusion, the authors state that the application of information technologies and process approach is effective in the development of the innovation process model.

Suggested Citation

  • A. A. Andreeva & Yu. N. Mansurov & S. Yu. Mansurov & D. V. Miklushevskiy, 2015. "The application of information technologies and process approach in modeling of innovation process," Russian Journal of Industrial Economics, MISIS, issue 3.
    • Handle: RePEc:ach:journl:y:2015:id:446
    DOI: 10.17073/2072-1633-2015-3-61-65
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