Financial and economic narratives for evaluation of innovative potential of enterprises
- Details
- Category: Content №1 2022
- Last Updated on 25 February 2022
- Published on 30 November -0001
- Hits: 4716
Authors:
S.Smerichevska, orcid.org/0000-0003-0733-8525, National Aviation University, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
I.Miahkykh, orcid.org/0000-0003-3868-9643, Kyiv National University of Technology and Design, Kyiv, Ukraine, -mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
S.Yeletskykh, orcid.org/0000-0002-8709-0496, Donbas State Engineering Academy, Kramatorsk, Ukraine, -mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
S.Borysova, orcid.org/0000-0001-6521-0410, Donbas State Engineering Academy, Kramatorsk, Ukraine, -mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
V.Bryzhnychenko, orcid.org/0000-0001-6546-2642, JSC NKMZ, Kramatorsk, Ukraine, -mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2022, (1): 145 - 152
https://doi.org/10.33271/nvngu/2022-1/145
Abstract:
Purpose. Development of a methodological approach to the assessment of the enterprise innovation strategy and its modeling.
Methodology. During the research, we used general and special methods: systematization for generalization of theoretical bases, comparative analysis and synthesis in order to clarify concepts, formal-logistical for the formation of a methodological approach, graphic-analytical method for visual presentation of research results; empirical research for the study of innovation potential, simulation and multiple regression modeling for the formation of strategic guidelines.
Findings. The methodical approach of assessment of the enterprises innovative potential was grounded and the initiative model of choosing the strategy of enterprises was created, which allows analyzing quantitative indicators of structural elements of potential, assessing the level of development of each component. In the course of the research a methodical approach to assessing the intellectual potential of industrial enterprises has been developed.
Originality. In contrast to the existing ones, this methodological approach provides: a comprehensive assessment of the innovation potential of industrial enterprises; econometric models for determining the components of the innovation potential of enterprises; the model of innovation strategy selection, which is an informational and analytical tool for working out the variants of strategies and development orients. It is proved that the implementation of the developed methodological approach will allow adopting an effective innovative strategy of enterprise development taking into account financial and economic narratives.
Practical value. The results of the research can be used by practitioners, scientists, government officials (the Ministry of Economic Development and its structural divisions, local self-government bodies in the field of economics) for the development and implementation of innovation strategies, as well as for the development of managerial decisions in the field of innovation, increasing the value added, capitalization and level of competitiveness.
Keywords: innovation, strategy, innovative potential, enterprise, simulation model, financial and economic narratives
References.
1. Chukurna, O., Nitsenko, V., Kralia, V., Sahachko, Y., Morkunas,M., & Volkov, A. (2019). Modelling and Managing the Effect of Transferring the Dynamics of Exchange Rates on Prices of Machine-Building Enterprises in Ukraine. Polish Journal of Management Studies, 19(1), 117-129. https://doi.org/10.17512/pjms.2019.19.1.09.
2. Baharun, R., Jing Mi, T., Streimikiene, D., Mardani, A., Shakeel,J., & Nitsenko, V. (2019). Innovation in healthcare performance among private brands healthcare services in small and medium-sized enterprises (SMEs). Acta Polytechnica Hungarica, 16(5), 151-172. https://doi.org/10.12700/APH.16.5.2019.5.9.
3. Perevozova, I., Horal, L., Daliak, N., Chekmasova, I., & Shyiko, V. (2021). Experimental management of ecological security of territorial facilities for forecasting the developing economy dynamics. IOP Conference Series: Earth and Environmental Science, 628, 012022. https://doi.org/10.1088/1755-1315/628/1/012022.
4. Danylenko, A. (2021). The Innovative Paradigm of Space Relations Development. Advanced Space Law, 7, 12-18. https://doi.org/10.29202/asl/7/2.
5. Revin, F. (2021). The Shifting Image of Social Capital: Digitizing Cooperative Ties. Future Human Image, 16, 75-82. https://doi.org/10.29202/fhi/16/7.
6. Yatsenko, O., Nitsenko, V., Tananaiko, T., Szetela, B., & Kobylianska, A. (2019). Trade and economic integration dominants in North America countries interaction. Journal of International Studies, 12(3), 277-293. https://doi.org/10.14254/2071-8330.2019/12-3/22.
7. Wang, S., & Vergne, J.-P. (2017). Correction: Buzz Factor or Innovation Potential: What Explains Cryptocurrencies Returns? PLoS ONE, 12(5), e0177659. https://doi.org/10.1371/journal.pone.0177659.
8. Shashkova, N., Ushkarenko, Iu., Soloviov, A., Osadchyi, O., & Nitsenko, V. (2021). Behavioral Segmentation of Baby Food Consumers: Risk Areas, Possible Solutions. The Case of Ukraine. European Journal of Sustainable Development, 10(1), 349-364. https://doi.org/10.14207/ejsd.2021.v10n1p349.
9. Tardy, C.M. (2017). Beyond Convention: Genre Innovation in Academic Writing. Foreword by Dana R. Ferris edition. University of Michigan Press ELT.
10. Arsawan, I.W.E., Koval, V., Rajiani, I., Rustiarini, N.W., Supartha, W.G., & Suryantini, N.P.S. (2020). Leveraging knowledge sharing and innovation culture into SMEs sustainable competitive advantage. International Journal of Productivity and Performance Management. Advance online publication. https://doi.org/10.1108/IJPPM-04-2020-0192.
11. Latysheva, O., Rovenska, V., Smyrnova, I., Nitsenko, V., Balezentis, T., & Streimikiene, D. (2020). Management of the sustainable development of machine-building enterprises: a sustainable development space approach. Journal of Enterprise Information Management, 34(1), 328-342. https://doi.org/10.1108/JEIM-12-2019-0419.
12. Korytko, T., Bogutska, O., & Pletska, S. (2018). Formation of organizational and economic mechanism for stimulating investment activity of enterprises. Baltic Journal of Economic Studies, 5, 10-18. https://doi.org/10.30525/2256-0742/2018-4-5-10-17.
13. Yeletskykh, S., & Bryzhnychenko, V. (2021). Innovative methods of personnel management as a strategic resource of the enterprise. Modern information technologies, automation tools and electric drive: Proceedings of the V All-Ukrainian scientific-practical conference. Kramatorsk.
14. Radchenko, L.P. (2019). Innovativeness of the national economy in the context of human development. Scientific notes of TNU named after V.I.Vernadsky. Series: Economics and Management, 30(69), 1-5.
15. Lihonenko, L.I. (2015). Methodology and tools for assessing the innovation of the enterprise. Marketing and Management of Innovations, 3, 105-117.
16. Sakhno, A., Polishchuk, N., Salkova, I., & Kucher, A. (2019). Impact of credit and investment resources on the productivity of agricultural sector. European Journal of Sustainable Development, 8(2), 335-345. https://doi.org/10.14207/ejsd.2019.v8n2p335.
17. Zeynalli, L. (2021). Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan. Ukrainian Policymaker, 9, 111-125. https://doi.org/10.29202/up/9/11.
18. Bazaluk, O., Kotenko, S., & Nitsenko, V. (2021). Entropy as an Objective Function of Optimization Multimodal Transportations. Entropy, 23(8), 946. https://doi.org/10.3390/e23080946.
19. Ushkarenko, Iu., & Soloviov, A. (2020). World Economic Order: Evolution of the Cooperative Sector. Philosophy and Cosmology, 25, 139-152. https://doi.org/10.29202/phil-cosm/25/12.
Newer news items:
- The impact of economic shadowing on social development: challenges for macroeconomic stability - 25/02/2022 15:02
- Investment models on centralized and decentralized cryptocurrency markets - 25/02/2022 15:02
- Methodological approach to assessing the sustainable development level of machine-building enterprise - 25/02/2022 15:02
- Financial and accounting support of marketing strategies for energy efficiency of coal mines - 25/02/2022 15:02
- Automation of the coordinated road traffic control process - 25/02/2022 15:02
- Development of creative entrepreneurship in Ukrainian technical universities - 25/02/2022 15:02
Older news items:
- Trends of development of financial and economic activity of entrepreneurial structures during the period of quarantine restrictions - 25/02/2022 15:02
- Model approach to estimating the cost of transfer of integral intangible system (technology) - 25/02/2022 15:02
- Cultural economics: the role of higher education institution in shaping the value systems - 25/02/2022 15:02
- Modeling of manipulator grip reaches with regard to generalized coordinate constraints - 25/02/2022 15:02
- Integrated improvement of the efficiency of computer control system of spatial orientation settings of drilling facilities - 25/02/2022 15:02
- Hazard mapping as a fundamental element of OSH management systems currently used in the mining sector - 25/02/2022 15:02
- Determination of tightness of the filtering half-mask adhesion to a user’s face - 25/02/2022 15:02
- Early determination and evaluation of technogenic risks within the water purification systems of TSs and TPSs - 25/02/2022 15:02
- Selective non-catalytic reduction of nitrogen oxides in the production of iron ore pellets - 25/02/2022 15:02
- Mechanism of protecting forest and land resources of Ukraine from illegal amber mining: legal aspect - 25/02/2022 15:02