The Conceptual Foundations for the Socio-Economic Development of Enterprise on the Basis of Innovation

Yermak, Svitlana and Єрмак, Світлана Олександрівна (2017) The Conceptual Foundations for the Socio-Economic Development of Enterprise on the Basis of Innovation. БІЗНЕС ІНФОРМ, 1 (2). pp. 81-88. ISSN 2222-4459

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Abstract

The article is aimed at studying the conceptual foundations of the socio-economic development of enterprise on the basis of innovation by means of the analysis of theoretical studies, publications and practice activities of individual enterprises. The author researched the prerequisites for activating the processes of the socio-economic development on the basis of innovation; the factors affecting it (both internal and external); the mechanisms and tools directed towards developing the potential of enterprise (marketing, production, human, financial, innovation, information, and intellectual). Methods for estimating the competitiveness of enterprises, making use of the expert estimates method, have been considered. As the result, the conceptual foundations for the socio-economic development of enterprise on the basis of innovation have been presented as a model. The proposed conception of the socio-economic development of enterprise on the basis of innovation has the strategic direction and takes into consideration the dynamic development of enterprise, thus resulting in a more detailed study of elements of the organizational-methodical support, which will contribute to improving the functioning of enterprises in the future

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