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Prospects For Transition Russian To Innovative Development

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  • K. B. Gerasimov

Abstract

The paper proposes an approach for the evaluation of innovative activity of modern organizations. The main reason for the low innovation activity of domestic business, is the lack of funds. To stimulate the organization to technological innovation, it is necessary to assess their commercial potential and to publish it in various periodicals. We proposed some assessment criteria for innovative activity of Russian organizations. The considered approach to the assessment of innovation activity shows the actual innovation in the enterprise, focused on the end result, to improve the operating efficiency of a business and the formation of a strategic competitive advantage. This study will contribute to the development of technology leadership in industries where it is possible.

Suggested Citation

  • K. B. Gerasimov, 2016. "Prospects For Transition Russian To Innovative Development," Business Strategies, Real Economy Publishing House, issue 1.
    • Handle: RePEc:aci:journl:y:2016:id:210
    DOI: 10.17747/2311-7184-2016-1-4
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