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Business Culture In Management Of Innovations Development Of Industrial Enterprise: Resource Approach

Author

Listed:
  • Anton Vashchillo
  • Elena Vetrova

Abstract

Looking at evolution of industrial enterprises, one can observe a tendency of displacement of production processes culture by consumption processes culture. A combination of both is able to ensure optimal planning and utilization of enterprise’s resources. Unfortunately, this subject is not adequately covered by modern literature, but today challenges of resource management are rising. The foundations of scientific industrial management, introduced by F.Taylor and others in the beginning of previous century, do not find practical implementation in modern industry. Authors of the article propose to use resource approach to management of innovations development of enterprise to bring together modern business culture and traditional production culture, and give an example of a specific industrial enterprise. The work makes an effort to contest idea, that resource approach is not capable of considering such factors as speed of technological changes and quality standards, which are important for innovations development of an industrial enterprise.

Suggested Citation

  • Anton Vashchillo & Elena Vetrova, 2017. "Business Culture In Management Of Innovations Development Of Industrial Enterprise: Resource Approach," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 11(1), pages 148-156.
  • Handle: RePEc:isp:journl:v:11:y:2017:i:1:p:148-156
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    More about this item

    Keywords

    culture; production; consumption; distribution; processes; vital resources; indistinct sets;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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