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RODIONOVA, Irina A., Valerii N. PAVLOV, and Maksim Ya BUDNIKOV. "Evaluating the demand for innovation among small agricultural business." National Interests: Priorities and Security 17, no. 2 (February 12, 2021): 337–60. http://dx.doi.org/10.24891/ni.17.2.337.
Повний текст джерелаАнотація:
Subject. Agricultural business cannot evolve successfully without innovation used in their operations. The low demand for marketing, corporate and environmental innovations stem from the underdevelopment of the innovative environment and infrastructure of regional agriculture, in particular. Objectives. We analyze the use of innovation in agriculture, evaluate the demand for various types of innovation among small agricultural businesses. Methods. The study relies upon such methods as monograph, abstraction logic analysis, analysis and synthesis, economic analysis, economic-statistical analysis. The statistical framework is based on official statistics of the Federal State Statistics Service. Results. The article points out the most promising types of marketing, organizational and administrative, environmental innovation. If they are capable of allowing for the implementation of organizational and administrative innovation, such entities are found to derive additional effects from new technology. It is hard for small and medium-sized agricultural businesses to implement innovation on their own. Thus, they can raise their performance by cooperating with large businesses. The article shows how small and large businesses may cooperate to master innovation. Conclusions and Relevance. Igniting the innovative activity of small agricultural businesses becomes a key to the food independence and security of the country. Innovation can be used more broadly if there is an appropriate innovative environment, which requires to improve the regulatory framework and refine the innovation encouragement mechanisms, incentives, stronger and deeper integration of agricultural science and production. There should be provisions of the agricultural policy, which would help various innovations permeate production processes of small agricultural businesses.
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Gitlow, Howard S. "INNOVATION ON DEMAND." Quality Engineering 11, no. 1 (September 1998): 79–89. http://dx.doi.org/10.1080/08982119808919214.
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Qing, Luo. "A Sophomore Questionnaire Research on the Innovation Learning Demands of “Principle” Course." Journal of Asian Research 4, no. 2 (May 7, 2020): p44. http://dx.doi.org/10.22158/jar.v4n2p44.
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The innovation learning demands of sophomore students taking “principle” course in China are explored through questionnaire. Descriptive statistics, independent sample T-test and comparing study, are used to verify demand-side opinions about innovation education in the “principle” course. Around 94% sophomore student want the courses reformed by innovation education, to improve the innovation spirit and enhance the innovation ability, without significant gender difference. The majority sophomore students demand specific teaching resources of communist innovative model and in the form of gameplay teaching. And the “principle” innovative model education applied in curriculum, can enhance the supply-side structural reform of ideological and political courses. The Findings can be applied in the curriculum design, by furthering the combination of “principle” innovative model teaching resources with gameplay teaching form.
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Khizhnyak, A. N., and Y. Y. Maksimova. "Cognitive techniques in the innovation economy." Izvestiya MGTU MAMI 7, no. 1-5 (September 10, 2013): 264–68. http://dx.doi.org/10.17816/2074-0530-67928.
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Changing market demands is the reason to find new research methods for the timely update of the potential demand for adoption of the most appropriate marketing decisions, which is especially important in production of innovations. One of these methods are the repertory grids that enable customers to identify unconscious needs for goods, new items, and allow manufacturers to market products that will be in demand, thereby ensuring profitability, profitability and competitiveness in innovation economy.
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Caliari, Thiago, Marco Valente, and Ricardo Machado Ruiz. "Heterogeneity of demand and product innovation." Estudos Econômicos (São Paulo) 47, no. 1 (March 2017): 5–37. http://dx.doi.org/10.1590/0101-416147115trm.
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Abstract This paper discusses the relationship between heterogeneity of demand regarding choice procedures and product innovation. We propose an evolutionary model showing how consumers with imperfect information chose and select differentiated goods. The model shows the role of information and choice procedures and its relation with the innovative process. The price plays an important role, but the quality of information, error tolerance and criteria for preference ordering are important determinants of the performance of firms in an industry with product innovation.
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Dayton, Leigh. "Industry demand drives innovation." Nature 600, no. 7888 (December 8, 2021): S16—S17. http://dx.doi.org/10.1038/d41586-021-03634-9.
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Liubkina, O., T. Murovana, A. Magomedova, E. Siskos, and L. Akimova. "Financial Instruments of Stimulating Innovative Activities of Enterprises and Their Improvements." Marketing and Management of Innovations, no. 4 (2019): 336–52. http://dx.doi.org/10.21272/mmi.2019.4-26.
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The article analyzes the importance of innovations as one of the main factors influencing the competitiveness of enterprises and economies of the world. The study is based on the author’s empirical research, grounded on the methodology of analysis of empirical data. The survey was carried out among legal entities and separate departments which operate regardless of its type. The study aimed to determine the importance of financial factors in limiting innovation activity and its potential in stimulating the innovation activity of enterprises. A survey was carried out among the enterprises on the factors that significantly influenced their decision to develop innovative projects or constrained implementation of innovation activities. The key challenges of innovation activity of enterprises were analyzed (law barriers, supply-side barriers, demand-side barriers, barrier on the demand and supply interface, lack of identified priorities, challenges of commercialization of the results of scientific and technical work, as well as weak development of infrastructure, labour problems). The research was also carried out by studying features of using financial instruments to stimulate innovation activity of enterprises, analysis of economic indicators characterizing the innovative activity of enterprises, analysis of strengths and weaknesses of innovation projects, as well as improvement of financial instruments for stimulating the implementation of innovations at enterprises. Based on the conducted research, long‑, medium- and short-term directions of financial support of innovative activity were determined. Financial instruments of stimulation innovation activity of enterprises are improved based on the analysis, taking into account socio-economic, political and other particular features of country’s development where such projects are implemented; studying the experience of implementing real innovative projects, analyzing strengths and weaknesses of these projects, feasibility of implementing similar projects under such conditions. Keywords: innovation, innovation ecosystem, innovative activities, investment, simulation of innovative processes, financial instruments.
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RADICIC, DRAGANA, DAVID DOUGLAS, GEOFF PUGH, and IAN JACKSON. "COOPERATION FOR INNOVATION AND ITS IMPACT ON TECHNOLOGICAL AND NON-TECHNOLOGICAL INNOVATIONS: EMPIRICAL EVIDENCE FOR EUROPEAN SMES IN TRADITIONAL MANUFACTURING INDUSTRIES." International Journal of Innovation Management 23, no. 05 (May 29, 2019): 1950046. http://dx.doi.org/10.1142/s1363919619500464.
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Drawing on a sample of small and medium-sized enterprises (SMEs) in traditional manufacturing industries from seven EU regions, this study investigates how cooperation with external organisations affects technological (product and process) innovations and non-technological (organisational and marketing) innovations as well as the commercial success of product and process innovations (i.e., innovative sales). Our empirical strategy takes into account that all four types of innovation are potentially complementary. Empirical results suggest that cooperation increases firms’ innovativeness and yields substantial commercial benefits. In particular, increasing the number of cooperation partnerships has a positive impact on all measures of innovation performance. We conclude that a portfolio approach to cooperation enhances innovation performance and that innovation support programs should be demand-led.
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Popp, David. "Induced Innovation and Energy Prices." American Economic Review 92, no. 1 (February 1, 2002): 160–80. http://dx.doi.org/10.1257/000282802760015658.
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I use U.S. patent data from 1970 to 1994 to estimate the effect of energy prices on energy-efficient innovations. Using patent citations to construct a measure of the usefulness of the existing base of scientific knowledge, I consider the effect of both demand-side factors, which spur innovative activity by increasing the value of new innovations, and supply-side factors, such as scientific advancements that make new innovations possible. I find that both energy prices and the quality of existing knowledge have strongly significant positive effects on innovation. Furthermore, I show that omitting the quality of knowledge adversely affects the estimation results.
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Martínez‐Ros, Ester, and Vicente Salas‐Fumás. "Do Workers Share Innovation Returns? A Study of the Spanish Manufacturing Sector." Management Research: Journal of the Iberoamerican Academy of Management 2, no. 2 (July 1, 2004): 147–60. http://dx.doi.org/10.1108/15365430480000507.
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This paper explores whether workers share innovation returns and how the size of innovation returns is affected by market conditions. Using a panel data of Spanish manufacturing firms during the period from 1990 to 1993, we answer affirmatively to both questions. Product and process innovations both generate returns, but such returns are higher for process innovations. The size of innovation returns seems to be affected positively by demand growth, by product standardization, and by low product market concentration. The three empirical results are in agreement with the theoretical predictions, such as Schmoockler’s (1966) theory of demand‐pool innovation, the price‐elasticity of demand effects postulated by Kamien & Schwartz (1970), and the replacement effect suggested by Arrow (1962). At the time of generating returns, process innovations are more affected by market conditions than are other innovations.
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Havighurst, Clark C. "Disruptive Innovation: The Demand Side." Health Affairs 27, no. 5 (September 2008): 1341–44. http://dx.doi.org/10.1377/hlthaff.27.5.1341.
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Slywotzky, Adrian, and Richard Wise. "Demand innovation: GM’s OnStar case." Strategy & Leadership 31, no. 4 (August 2003): 17–22. http://dx.doi.org/10.1108/10878570310483942.
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Anning-Dorson, Thomas. "Interactivity innovations, competitive intensity, customer demand and performance." International Journal of Quality and Service Sciences 8, no. 4 (November 21, 2016): 536–54. http://dx.doi.org/10.1108/ijqss-11-2015-0075.
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Purpose The purpose of this study is to identify dimensions of interactivity service innovations and examine the moderating effect of external factors, i.e. customer demand and competitive intensity, on the relationship between such service innovations and service firm performance. Design/methodology/approach Data were collected at two levels; the first for validation; and the second for confirmatory and relationship analyses. Structural equation modeling was used in analyzing the relationship between interactivity innovation and service firm performance and environmental moderating effects. Findings The study found that high levels of interactivity innovations, in combination, drive superior performance. It was also found that deployment of high levels of interactivity innovations in high-demand periods is significantly related to high performance. The paper also found that the relationship between high interactivity innovation and financial performance is dampened by intense competition. Originality/value Unlike previous studies, this study found that it is rather high levels of service innovations that maximize performance in service firms operating in emerging economies and not just the implementation of such innovations, and that the implementation must be aligned to the prevailing environmental conditions.
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Saviotti, Pier-Paolo, and Andreas Pyka. "Innovation, structural change and demand evolution: does demand saturate?" Journal of Evolutionary Economics 27, no. 2 (November 10, 2015): 337–58. http://dx.doi.org/10.1007/s00191-015-0428-2.
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Aibar-Guzmán, Cristina, and Francisco M. Somohano-Rodríguez. "Do Consumers Value Environmental Innovation in Product?" Administrative Sciences 11, no. 1 (March 22, 2021): 33. http://dx.doi.org/10.3390/admsci11010033.
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Customers are considered to be major stakeholders whose demands and preferences have a strong influence on corporate strategies. In this sense, increased consumer environmental awareness has led to a growing demand for environmentally friendly products which, in turn, has compelled firms to adopt innovative forms of integrating environmental protection into product development and production processes. Nevertheless, an “attitude–behavior gap” has been witnessed, which implies that consumers’ environmental attitudes do not always translate into an actual ecologically compatible purchasing behavior and, consequently, eco-product innovations will not necessarily entail a positive economic impact for companies. This paper aims to analyze if the companies that invest in eco-product innovation are valued by consumers, showing higher growth. Specifically, we propose that eco-product innovation has a positive effect on a firm’s sales growth. Additionally, we aim to analyze the consumers’ preferences in relation to eco-product innovations considering two alternative approaches that companies can follow in this respect: eco-design and products with ecological use. The results obtained for an unbalanced sample of 5391 international companies corresponding to the period 2002–2017 (51,666 observations) show that proactive environmental innovation strategies are positively valued by consumers, having a positive impact on the companies’ sales growth. Furthermore, consumers show a greater preference for environmental innovations in eco-design than for products with ecological use.
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Koirala, Binod Prasad, Ellen van Oost, and Henny van der Windt. "Innovation Dynamics of Socio-Technical Alignment in Community Energy Storage: The Cases of DrTen and Ecovat." Energies 13, no. 11 (June 9, 2020): 2955. http://dx.doi.org/10.3390/en13112955.
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With energy transition gaining momentum, energy storage technologies are increasingly spotlighted as they can effectively handle mismatches in supply and demand. The decreasing cost of distributed energy generation technologies and energy storage technologies as well as increasing demand for local flexibility is opening up new possibilities for the deployment of energy storage technologies in local energy communities. In this context, community energy storage has potential to better integrate energy supply and demand at the local level and can contribute towards accommodating the needs and expectations of citizens and local communities as well as future ecological needs. However, there are techno-economical and socio-institutional challenges of integrating energy storage technologies in the largely centralized present energy system, which demand socio-technical innovation. To gain insight into these challenges, this article studies the technical, demand and political articulations of new innovative local energy storage technologies based on an embedded case study approach. The innovation dynamics of two local energy storage innovations, the seasalt battery of DrTen® and the seasonal thermal storage Ecovat®, are analysed. We adopt a co-shaping perspective for understanding innovation dynamics as a result of the socio-institutional dynamics of alignment of various actors, their articulations and the evolving network interactions. Community energy storage necessitates thus not only technical innovation but, simultaneously, social innovation for its successful adoption. We will assess these dynamics also from the responsible innovation framework that articulates various forms of social, environmental and public values. The socio-technical alignment of various actors, human as well as material, is central in building new socio-technical configurations in which the new storage technology, the community and embedded values are being developed.
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Nyga-Łukaszewska, Honorata. "Selected Issues in Innovation in the Energy Industry. The Case of Poland." International Journal of Management and Economics 50, no. 1 (June 1, 2016): 100–112. http://dx.doi.org/10.1515/ijme-2016-0014.
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Abstract Innovation determines the competitiveness of companies and countries. Innovative products and processes have revolutionized the world economy, and are particularly important in the energy industry. Demand for energy innovation originates from resource scarcity, a surge in energy consumption and stringent environmental regulations. The objective of this paper is to examine the application of selected energy-related innovations in Poland. The analysis is based on the database of the Organization for Economic Cooperation and Development (OECD). Our analysis covers the period 2009–2014, as extended by limited data availability. From it, we conclude that Poland performed well in selected energy-related innovations. This study extends knowledge concerning the link between energy efficiency/renewables and innovation.
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Rojas-Córdova, Carolina, Boris Heredia-Rojas, and Patricio Ramírez-Correa. "Predicting Business Innovation Intention Based on Perceived Barriers: A Machine Learning Approach." Symmetry 12, no. 9 (August 19, 2020): 1381. http://dx.doi.org/10.3390/sym12091381.
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In the Industry 4.0 scenario, innovation emerges as a clear driver for the economic development of societies. This effect is particularly true for the least developed countries. Nevertheless, there is a lack of studies that analyze this phenomenon in these nations. In this context, this study aims to examine the impact of perceived barriers to innovation to predict companies′ innovative intentions in an emerging economy. This study is a preliminary effort to use data mining and symmetry-based learning concepts, especially classification, to assist the identification of strategies to incentivize intention to innovate in companies. Using the decision tree classification technique, we analyzed a sample of Chilean companies (N = 5876). The sample was divided into large enterprises (LEs) and small and medium enterprises (SMEs). In the group of large companies, the barriers that most impact the intention to innovate are innovation cost, lack of demand innovations, and lack of qualified personnel. Alternatively, in the group of small-medium companies, the barriers that most impact the intention to innovate are lack of own funds, lack of demand innovations, and lack of information about technology. These results show how the perceptions of barriers are significant to predict the intentions of innovation in Chilean companies. Furthermore, the perceptions of these barriers are contingent on the organizational sizes. These findings contribute to understanding the effect of contingencies on innovative intention in an emerging economy.
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Yeo, M. Lisa, Erik Rolland, Jacquelyn Rees Ulmer, and Raymond A. Patterson. "How Customer Demand Reactions Impact Technology Innovation and Security." ACM Transactions on Management Information Systems 13, no. 3 (September 30, 2022): 1–17. http://dx.doi.org/10.1145/3505227.
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Innovation is a very important concern for both managers and governmental policy makers. There is an important interplay between security and technology innovation that is largely unrecognized in the literature. This research considers the case where technology innovation in the form of additional product features increases demand through greater functionality. However, the likelihood of a security breach increases with the number of product features as the features interact in unintended ways, thereby increasing the attack surface. Using a two-stage game, we demonstrate how potential demand changes (from direct risk or externalities) impact firm technology innovation strategy. The analysis shows that the type and extent of customer demand reaction has a significant impact on innovative feature development. This research identifies two potential impacts on the level of innovation that can be strategically managed - the impact of externalities on demand and industry risk - explaining how these forces alter the level of innovation in the product ecosystem. Additionally, high-security development is disincentivized, and leads to a type of competitive behavior where the opportunity window for high-security development for all firms is small.
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Recio-Román, Recio-Menéndez, and Román-González. "Religion and Innovation in Europe: Implications for Product Life-Cycle Management." Religions 10, no. 10 (October 21, 2019): 589. http://dx.doi.org/10.3390/rel10100589.
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This paper analyzes the relationship between religion and innovation in Europe. To the best knowledge of the authors, no paper has been published about the association of religion with innovation and innovative products and services, at an individual level, for all the countries that belong to the European Union. This is the main goal of our paper. The results show that the orientation of innovativeness depends on religion. This study contains a segmentation of the main religions in Europe, taking into account their innovative profile. Connecting the characteristics of the religious segments found and the innovations life-cycle concept, companies have a tool to manage different innovations’ evolutive stages taking into consideration the religion of their customers. The European policy-makers, still dominated by a traditional innovation approach, gain a demand-side perspective to improve citizen’s innovativeness awareness and acceptance. Finally, religiosity does not seem to have a very strong relationship with attitudes towards innovation once we control for religious affiliation.
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Zhang, Wenhong, Yapu Zhao, Longwei Tian, and Dong Liu. "Boundary-spanning demand-side search and radical technological innovations in China." Management Decision 55, no. 8 (September 18, 2017): 1749–69. http://dx.doi.org/10.1108/md-04-2016-0236.
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Purpose The purpose of this paper is to explore how boundary-spanning demand-side search (BSDSS) fuels radical technological innovations as well as how innovation appropriability moderates this relationship. In particular, based on Teece’s (1986) argument regarding the appropriability of innovation, the authors divide factors to influence innovation appropriability into two types: external institution related and internal capability related. Design/methodology/approach This study employs a survey methodology. Specifically, the authors collected a sample composed of 150 high-tech manufacturing Chinese firms. Findings Results show that BSDSS has a positive effect on radical technological innovations. Further, the authors find that dysfunctional competition and political ties negatively moderate the main effect, whereas firms’ legal and IPRs protection capabilities positively moderate the main effect. Research limitations/implications One major limitation is that the findings are based on data derived from Chinese firms, which may limit the generalization of the findings. Practical implications The findings suggest that firms competing Chinese market, both Chinese and foreign firms, should actively leverage BSDSS to boost radical technological innovations. Chinese firms should pay attention to the negative roles of appropriability hazards originating from external institutional environment. Foreign firms in Chinese market should be cautious on potential dysfunctional competition from local competitors, such as imitation and intelligence property violation, and enhance appropriability through building internal capabilities, such as legal and IPRs capabilities. Originality/value The study highlights the crucial roles of BSDSS in radical technological innovations, as well as the moderating roles of innovation appropriability. These results provide new insights into the drivers of radical technological innovations.
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Krasnianskaya, O. V. "JUSTIFICATION OF CHANGES IN THE INNOVATION MANAGEMENT SYSTEM IN INDUSTRY." Scientific Review Theory and Practice 11, no. 4 (2021): 1001–13. http://dx.doi.org/10.35679/2226-0226-2021-11-4-1001-1013.
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Despite the fact that Russia remains among the ten leading countries in terms of the share of costs for technological innovations in the total volume of products shipped, the gap in the level of innovation performance remains significant. One of the main reasons for this situation, researchers and industry experts call the insufficient amount of funding for science and, as a result, the lack of dynamic innovative development. At the same time, the data of analytical comparisons do not confirm such a dependence. For example, Slovenia, Ireland and Spain, spending a smaller share of funds on technological innovations, occupy higher positions than Russia in terms of the share of R & D costs in the total cost of technological innovations and the share of innovative goods in the volume of production. The point is not in the level of costs for innovations, but in the direction of their use. If Russian enterprises mainly buy foreign modern equipment for re-equipment of production due to the lack of their own Russian offer, then foreign leaders of innovative development directly develop new products and goods that are in demand by the industry. The hypothesis of the study is that in order to multiply the share of innovative industrial products in the total volume of its production, it is necessary to create such a system of organization and management of scientific and technological development, which, unlike current practice and by analogy with the key principle of modern production organization concepts – the principle of "pulling" – would be able to form a real effective demand for applied R & D and, subsequently, for fundamental research. At the same time, in addition to the existing flow of ideas from academic science to production, it is necessary to organize a counter flow of demand – from factory science, which is at the forefront of understanding the current and promising problems of the industry itself and consumers of its products, to applied and then to academic science within the framework of the problems that are really in demand by production.
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Frenkel, Amnon, Shlomo Maital, Eran Leck, and Emil Israel. "Demand-Driven Innovation: An Integrative Systems-Based Review of the Literature." International Journal of Innovation and Technology Management 12, no. 02 (March 25, 2015): 1550008. http://dx.doi.org/10.1142/s021987701550008x.
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In this paper, we provide a comprehensive review of the literature on demand-driven innovation, using a generic national innovation ecosystem map as a unifying framework. We organize the literature review around four key innovation dimensions and seven related demand-driven processes. Our review reveals that business networking which accelerates access to new markets and technologies is vital for free markets. But classical competition alone cannot sustain the creation of new technologies or innovation paths. Rather, national policy is essential in creating lead markets. On the other hand the private sector has a crucial task in leading R&D activity. We found that the relationship between R&D stock and productivity is mostly positive. With regard to cluster strategies our literature review suggests that increased variety of innovative activities strengthens regional economic growth through "spillover effects" between products and industries. Based on the literature, we found that universities are evolving to play a major role in the research of innovation. The enormous innovative potential of universities therefore should be directed toward shaping more effective tools for public–private cooperation. But innovation, whether its origin is in academe or elsewhere, must follow a standardization process in order to converge into a well-defined technology. Our paper highlights a fundamental paradox underlying pro-innovation policies: while innovators often express the desire for a liberal, open and flexible market system with minimal bureaucracy and governmental interference, to allow market-driven innovation to flourish, they often benefit greatly from a variety of governmental interventions that include direct or indirect financial support (such as tax credits).
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Fritzsche, Holger, Elaha Mahbub, Axel Boese, and Michael Friebe. "State-of-the-Art: Biodesign based Innovation Ecosystems in Europe." Current Directions in Biomedical Engineering 7, no. 2 (October 1, 2021): 231–34. http://dx.doi.org/10.1515/cdbme-2021-2059.
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Abstract Today's healthcare challenges with unmet clinical needs, high regulation and certification standards, and increasing costs demand faster innovation and technical translation. To address this challenge, Stanford released a fellowship called Biodesign, where need-based healthcare innovation is taught with the approach identify, invent and implement. Since then, different European institutions have adopted the Biodesign innovation approach and organized within the Biomedical Engineering- Innovation, Design, and Entrepreneurship Alliance (BMEidea EU). The generation of successful healthcare innovation isn't only based on participating in an Innovation teaching program. It is much more a matter of having the right innovation ecosystem with an open creative mindset, experts, the respective stakeholders, and access to essential resources within reach (close to clinic). Through a qualitative survey, seven Biodesign based teaching programs in the EU were examined. The study from an academic perspective contains information covering Resources, Activities, Academic Performance, and Transfer Performance. The demand for new healthcare innovations, and especially innovation training programs that address challenges, developed collaboratively with the respective stakeholders, is increasing. Additionally, there is a growing expectation that innovation needs to reach the market quickly and be implemented accordingly. A Healthcare Innovation Ecosystem, where different entities function as a productive unit with a shared vision and committed to application-driven research and technology transfer, will increase innovation's success and adaptation.
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Karetin, A. N. "Study of Innovation Demand as a Tool for Marketing of Innovations." Problems of Economic Transition 53, no. 11 (March 1, 2011): 95–102. http://dx.doi.org/10.2753/pet1061-1991531107.
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Aschhoff, Birgit, and Wolfgang Sofka. "Innovation on demand—Can public procurement drive market success of innovations?" Research Policy 38, no. 8 (October 2009): 1235–47. http://dx.doi.org/10.1016/j.respol.2009.06.011.
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Sultanova, Gulnoza Sabirovna. "Creativity And Innovation Thinking." American Journal of Social Science and Education Innovations 03, no. 04 (April 21, 2021): 93–98. http://dx.doi.org/10.37547/tajssei/volume03issue04-14.
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In this article, a comparative analysis of creative and innovative thinking in a similar and different way will be made. The peculiarities of creativity and the essence of innovation are considered to be brought up as an object of philosophical research. Within the framework of the theme, it is mentioned about how our young people can use the opportunities created in our country on a large scale, about the achievement of the goals, the pursuit of innovation, creative thinking consisting of creative processes in a specific way and the various methods used in the mobilization of its implementation and their practical opportunities. Also, analytical analysis of the characteristic aspects of innovative thinking was carried out.The essence and essence of creative and innovational thinking, its distinctive features are considered to be brought up as an object of philosophical research. The views on innovation and creative thinking were also analyzed comparatively. In particular, it is noted that the formation of creative and innovative thinking is a period demand as well as a social need.
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Dudar, Taras. "The development of innovative activity in the agricultural sector of Ukraine’s economy." Herald of Ternopil National Economic University, no. 1(91) (January 1, 2019): 60–69. http://dx.doi.org/10.35774/visnyk2019.01.060.
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The article explains what an innovative activity in the economy involves and unfolds how the main concepts of theory of innovation are applied into the agricultural sector. It is pointed out that agrarian innovation is the final stage of fostering novelties in the agricultural sector (plant varieties, livestock breeds, cultivation technologies, etc), which has resulted in economic, social, ecological benefits and expanded reproduction. The study reveals that applying the main concepts of theory of innovation into agriculture has its specific features, namely: integrating innovative technologies into processes occurring in the nature; producing living organisms, which can be objectives and targets of innovation. The author identifies the factors hindering the introduction of innovations in the agricultural sector. It has been found that the lack of financial support and instability of legislation in the country are the root causes. A lack of necessary information and new ideas are yet other prime obstacles which prevent innovation processes in agricultural units. It is demonstrated that an innovative activity in proactive enterprises is a key factor for effective growth and a sustainable increase in agricultural production. It contributes to positive changes in production technology and production structure, a significant shift in motivation. The results indicate that some innovative products such as new varieties and hybrids of agricultural plants, new livestock and poultry breeds, machines and mechanisms, tools and equipment, modern means of production, etc. are of high demand on the market of innovative products. It is claimed that agricultural studies play an important role in meeting the demand since they accelerate the growth of this field by generating and introducing innovations. The author suggests the following steps for strengthening innovation policies in agricultural units: bringing in new competitive technologies in crop and livestock production; introducing high-yielding breeds and crop varieties / hybrids resistant to diseases and climate change effects; applying bio-technologies which increase production of new healthy products; improving means and methods of land cultivation; cleaning and storing raw materials; using energy-efficient technologies and ecological innovations, that make it possible to increase yields and productivity, minimize losses and sustain the environment.
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DEL RÍO, Pablo, Desiderio ROMERO-JORDÁN, and Cristina PEÑASCO. "ANALYSING FIRM-SPECIFIC AND TYPE-SPECIFIC DETERMINANTS OF ECO-INNOVATION." Technological and Economic Development of Economy 23, no. 2 (November 1, 2015): 270–95. http://dx.doi.org/10.3846/20294913.2015.1072749.
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This paper analyses the main determinants influencing different types of eco-innovations and eco-innovators in Spain. We differentiate between two types of eco-innovations (process vs. product and new-to-the-market (NTM) vs. new-to-the-firm (NTF)) and two different types of ecoinnovators (large vs. small and old vs. new firms). Our findings show that new firms are not more eco-innovative and that smaller firms are certainly less eco-innovative. Although the environmental regulation variable is generally a main driver of eco-innovation, there are specific drivers for some eco-innovator and eco-innovation types. This is the case with internal innovation capabilities, which clearly influence small and new firms to eco-innovate, in contrast to large and old firms. Those capabilities are also a driver of NTM eco-innovation versus NTF eco-innovation. Involvement in external knowledge flows and cooperation is also a crucial variable for small firms to eco-innovate and a main driver of NTM versus NTF eco-innovation. Contrary to expectations, there are a few differential drivers for products vs. process eco-innovations. Energy/material cost reductions and environmental regulation influence both eco-innovation types, whereas the demand-pull from the market is absent for both, probably due to a relatively low degree of environmental consciousness and/or willingness to pay for eco-products by its consumers.
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Kleinknecht, Alfred, and Bart Verspagen. "Demand and innovation: Schmookler re-examined." Research Policy 19, no. 4 (August 1990): 387–94. http://dx.doi.org/10.1016/0048-7333(90)90022-x.
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Crespi, Francesco, and Mario Pianta. "Demand and innovation in productivity growth." International Review of Applied Economics 22, no. 6 (November 2008): 655–72. http://dx.doi.org/10.1080/02692170802407429.
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Mueller, Matthias, Benjamin Schrempf, and Andreas Pyka. "Simulating demand-side effects on innovation." International Journal of Computational Economics and Econometrics 5, no. 3 (2015): 220. http://dx.doi.org/10.1504/ijcee.2015.070613.
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Li, Qingyin, Zhongjiao Xie, Yongqing Guo, Fulu Wei, Yan Tian, Yanfeng Zhang, and Chaoran Wang. "Innovation Mechanism of Traffic Demand Management." American Journal of Traffic and Transportation Engineering 4, no. 4 (2019): 132. http://dx.doi.org/10.11648/j.ajtte.20190404.13.
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Piva, Mariacristina, and Marco Vivarelli. "Demand-pulled innovation under liquidity constraints." Applied Economics Letters 16, no. 3 (January 28, 2009): 289–93. http://dx.doi.org/10.1080/13504850601018304.
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Caminati, Mauro, and Serena Sordi. "Demand‐led growth with endogenous innovation." Metroeconomica 70, no. 3 (March 8, 2019): 405–22. http://dx.doi.org/10.1111/meca.12243.
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Rubik, Frieder, and Ria Müller. "Non-Public Bulk Consumers as Drivers of Eco-innovations." INTERNATIONAL JOURNAL OF INNOVATION AND ECONOMIC DEVELOPMENT 4, no. 6 (2019): 7–22. http://dx.doi.org/10.18775/ijied.1849-7551-7020.2015.46.2001.
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Environmental innovations are one path towards new “Green Economy” using natural resources only within the boundaries of the ecosystem’s ability to renew itself. The paper focuses on product related demand-side eco-innovations. It addresses commercial procurement. According to the hypothesis of our research, a properly displayed demand for eco-innovative solutions could attract vendors to market their respective products, enhance their further diffusion and thus make non-public bulk consumers acting as change agents for eco-innovations. The analysis shows that bulk consumers play a crucial role as lead buyers. Activating them to purchase eco-innovative solutions requires several pulling and pushing measures: regulatory, economic, informative/communicative, reflexive/discursive, co-operative, monitoring and the role of lead market initiatives. By implication, a demand-side related political promotion could complement the various ongoing efforts for activating public institutions and private end consumers to purchase eco-innovations systematically and more frequently. The strategy of focusing seems promising when it comes to bulk consumers as change agents for innovation. Therefore, the authors advocate further research and pilot actions in the field.
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Ogalo, Habil Slade. "Strategic Management of HRM Practices and Innovation Performance in the High Tech Fiberglass Sector in Bahrain: Mediating Role of Organizational Innovation." Annals of Contemporary Developments in Management & HR 2, no. 3 (August 1, 2020): 43–55. http://dx.doi.org/10.33166/acdmhr.2020.03.006.
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Growing use of fiberglass admixture in construction along with automotive industries has escalated demand of fiberglass among the firms and fueling them with the innovational strategy in order to be competitive. Fiberglass businesses being one of the high-tech sectors have to consider many domains. Although, due to the inflexibility of employees, the absence of innovative atmosphere and monopolistic composition, employees are unwilling to be innovative in organizations. The current study argued that strategic management of new HRM practices through enhancing more skillful, talented, committed, motivated can further innovation and innovational employees that helps in higher productivity of the organization. However, to demonstrate this connection is insufficient in terms of empirical evidence. Consequently, the main objective of this investigation to examine role of strategic management of New HRM practices on innovation performance followed by the mediation of organizational innovation. Data has collected from Bahrain’s manufacturing sector of fiberglass that came up with significant positive association between the endogenous and exogenous variables.
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Rahman, Md Ashiqur. "Organization Strategies & Innovative Leadership Management." International Journal of Business and Management 11, no. 10 (September 18, 2016): 206. http://dx.doi.org/10.5539/ijbm.v11n10p206.
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<p>For sustainable competitive advantages companies need innovation. However, for very few organizations innovation is a part of their DNA and for the most of companies it is a crisis element of “Constructive Destruction.” However, the recent economic crisis and evolution of business organization demand for innovative leaders who can do the miracle (innovation) in the organization. Like any new phenomenon, innovative leadership idea is blurry among different people and also experts are divided in their opinion. This paper tries to solve these puzzles by integrating the thought in a clear understandable picture. To solve the puzzle this paper first stated about creativity, innovations and leadership to better understand about innovative leadership process. Then it discussed in detail about the innovative leadership process followed by two examples of best practice and worst practice.</p>Innovative leadership is the combination of four elements: emotional intelligence, management innovations, innovative organization and interaction with stakeholders. These are interrelated part that enforce each other to foster innovations. Emotional intelligence make the leader effective in performance because he can build trust and make people committed towards the goal; it becomes easy for him to do management innovations, develop innovative culture and interact with the stakeholders. Management innovations set the goal, principles and policy to guide the innovations and innovative culture foster to do the miracle by the employees. When inside is ready for the innovations the innovative leader interacts with the stakeholders for ideas and feedback. However, the innovative leader needs to apply sense when to be innovative and when not to be.
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Anning-Dorson, Thomas. "Moderation-mediation effect of market demand and organization culture on innovation and performance relationship." Marketing Intelligence & Planning 35, no. 2 (April 3, 2017): 222–42. http://dx.doi.org/10.1108/mip-04-2016-0066.
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Purpose The purpose of this paper is to examine the effect of market demand on innovation-firm performance relationship in service firms. The paper further analyzes the extent to which market demand influences the effect of product innovation on firm performance and how such effect could be managed by a specific type of cultural orientation that is critical to strategic management. Design/methodology/approach Data were collected from different service sub-sectors of an emerging economy with a fast-growing services sector. Causal modeling methods through different model comparisons are used in analyzing the relationship between innovation and service firm performance and environmental mediating and moderating effects. Findings The findings suggest that though product innovation has a positive effect on firm performance, high market demand dampens and negate this effect. However, a service firm’s ability to build an innovative culture, that supports strategy implementation, assuages this negative effect and restores the positive relationship between product innovation and firm performance, even in the face of environmental coercion. Originality/value This paper shows that market demand will dampen the effect of product innovation on performance and as such must be managed in a way that mitigates this negative effect. The building of an organizational culture that is innovative is therefore recommended to mitigate this negative effect to render product innovation still relevant even in periods where market conditions prevent favorable performance effects.
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Padovez, Luciana, Max Well Elias, and Mauro Caetano. "THE CUSTOMERS’ EXPECTATIONS AS A GUIDE TO SERVICE INNOVATION IN THE AIRLINE INDUSTRY." Journal of Air Transport Studies 8, no. 1 (January 1, 2017): 130–43. http://dx.doi.org/10.38008/jats.v8i1.44.
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According to the strategic innovation paradigm, service companies have their innovative efforts guided by market needs, so customer demand is crucial to successful innovation. However, the service literature about air transportation has been focusing on the evaluation of service quality delivered instead of the identification of market demands. This study applied the Hierarchical Model of air transportation service quality evaluation adapted to identify customer’ expectations in a Brazilian domestic airport. The results indicate that customers have higher expectations regarding airline employees’ conduct and expertise, which suggests areas where investments should be prioritized in order to optimize efforts on service innovation.
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Tang, Qing Guo, Jin Sheng Liang, Qun Ying Wang, and Fei Wang. "Cultivation and Practice of Engineering Masters’ Innovative Ability." Advanced Materials Research 178 (December 2010): 378–83. http://dx.doi.org/10.4028/www.scientific.net/amr.178.378.
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Knowledge is material foundation of innovation, and awareness is spiritual power and soul of innovation. The cultivation of innovative ability is not only to pass on knowledge by suitable approaches and correct teaching methods, but also to stimulate students’ enthusiasm of seeking knowledge and discover their wisdom potential. In the teaching process, in order to cultivate students’ unique innovative ability, creating suitable atmosphere for innovating and developing students’ sense of social responsibility and scientific dauntless spirit are needed. Furthermore, with the social demand and longing for success as the force, mobilizing the students’ subjective initiative fully is important. In the innovative practice, discovering students’ mental function, stimulating their imagination and innovative awareness should also be taken into account.
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Khanin, I. H., V. S. Bilozubenko, and S. Y. Shablii. "Features of the Innovative Model of Economic Development and the Growing Role of Education Therein." Business Inform 9, no. 512 (2020): 56–64. http://dx.doi.org/10.32983/2222-4459-2020-9-56-64.
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The growing importance of innovations in the economy has turned them into a more important factor in production and consumption, structural changes, economic dynamics, competitiveness, and social development. This has gained a paradigm importance and has led to the emergence of an innovative model of economic development, the peculiarities of which being the topic that the article is concerned with. Taking into account the dependence of innovations on the generation and dissemination of new knowledge, the article emphasizes the critical importance of the productivity of science and the quality of education. This is confirmed by global trends and finds a manifestation in the development strategies of the countries and companies. In this context, a modern understanding of innovations and the basis of their emergence, which is connected with knowledge and creativity, has been closer defined. The authors characterize the main features of innovation, in particular: cumulativeness, chain character, integration of practical and theoretical knowledge, duration of «maturation» and emergence of innovation, uncertainty, collectivity, uneven appearance in time and concentration in space, propensity towards conflict. A vision of the process of developing innovations by stages covered by system management is proposed. The main models of emergence of innovation together with the model of innovation process (the model of extraction through demand (market); the model of «needs seekers»; the model of «readers of market information»; the model of technological nudging; the cyclical model of innovations; the model of open innovations; the chain and interactive model of innovation process; the innovative model of «funnel»; the network model of innovation) are described. A number of features of the innovative model of economic development are allocated: recognition of innovation as the most important factor of economic growth; constant interaction of production, science and market, focused on the development of innovations; defining role of human capital; structural changes in the system of social production; domination of the innovative nature of competition in the modern economy; development of innovative entrepreneurship. On the basis of the formation of an innovative model of development, the growing role of science and education, the modern economy is characterized as an economy of knowledge; the main points of its concept are considered. An increase in the influence of education in the innovation model of the economy in terms of generating and disseminating new knowledge in order to intensify innovation is substantiated.
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Olefirenko, Oleg, and Olena Shevliuga. "Commercialization of innovations: peculiarities of sales policy at innovation active enterprise." Innovative Marketing 13, no. 2 (July 12, 2017): 6–12. http://dx.doi.org/10.21511/im.13(2).2017.01.
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This study investigates the management process of innovations commercialization and its essence. Nowadays, establishing and ensuring the efficiency of innovations commercialization process is an objective precondition that creates material values. It also creates new demand in the market, shifting the emphasis from the production of enterprises to various management fields, creates new ways of capital substitution and enhances the level of innovation activity profitability. The aim of the research is to analyze indicators and characteristics of implemented instruments of sales policy at innovation active enterprises in order to estimate the influence of sales policy parameters to innovation level. There are many factors and trends that motivate enterprises to search for new ways to ensure their competitiveness. Findings revealed that there is a need to develop new technologies that ensures the profitability growth and activities optimization through capital mobility into areas with higher productivity and profitability. Sales policy is a necessary precondition for operation performance and further development of enterprises. Sales policy parameters significantly affect the level of innovation activity of industrial enterprises. Each of sales policy tools has an individual impact on the enterprise activity dynamics and can have positive or negative effect.
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Abrishami, Payam, and Sjoerd Repping. "Nurturing Societal Values in and Through Health Innovations Comment on "What Health System Challenges Should Responsible Innovation in Health Address?"." International Journal of Health Policy and Management 8, no. 10 (July 7, 2019): 613–15. http://dx.doi.org/10.15171/ijhpm.2019.57.
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Aligning innovation processes in healthcare with health system demands is a societal objective, not always achieved. In line with earlier contributions, Lehoux et al outline priorities for research, public communication, and policy action to achieve this objective. We endorse setting these priorities, while also highlighting a ‘commitment gap’ in collectively addressing system-level challenges. To acknowledge that stakeholders engaged in dialogue with one another are addressing the commitment gap is not a small step but a giant leap towards realising a socially responsible innovation agenda. Translating system-level demand signals into innovation opportunities is, therefore, the task-cum-art of all stakeholders, one that often prompts them to innovate how they deal with innovations.
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Stojanovska, Slagjana, Violeta Madzova, and Biljana Gjozinska. "THE PRIVATE DEMAND FOR INNOVATION: THE CASE OF EX - YU COUNTRIES." Balkans Journal of Emerging Trends in Social Sciences, Vol 1, No 1 (December 31, 2018): 14–21. http://dx.doi.org/10.31410/balkans.jetss.2018.1.1.14-21.
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In the era of high sophisticated technology, the innovation is recognized as a key driver towards better national competitiveness and economic growth, creating opportunities for better employment and better responding to global social challenges. At the company level however, innovation improves efficiency, boosts company productivity and provides numerous benefits to the consumers. Being identified as a key variable for the importance of demand for innovation, buyer sophistication signals the ability of buyers to select products and services based on performance rather than price. Furthermore, the companies witnessing more sophisticated domestic market are likely to sell products with higher quality and to better understand the customers’ needs and how they perceive the value of the product. This paper aims to provide a comparative analysis of private demand for innovation in selected ex- YU countries using the two key indicators: “buyer sophistication” and “sales of new-to-market and new-to-firm product innovations for the period 2011-2016. Although sharing the same socio-political and historical background, the analysis of these selected countries show significant discrepancies among their business leaders’ assessments about the level of their customer demand for innovation and business sophistication.
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Shiriaev, Igor. "Dynamics of Innovation Activity in the Context of the Narrative Economics Approach." Science Management: Theory and Practice 4, no. 1 (March 28, 2022): 84–100. http://dx.doi.org/10.19181/smtp.2022.4.1.5.
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The purpose of this paper is the explanation of the dynamics of innovation activity in Russia (on the example of the level of innovation activity of organizations) and identification of the problems for innovative development, based on the methodology of narrative institutional analysis. Research methods are narrative and content analysis, a graphical method for displaying statistical data. The study formulates the differences in the interpretation and methods of analysis of narratives between the narrative economy (in the tradition of R. Schiller) and the narrative analysis in other social sciences. The application of the approach of narrative economics to the study of the Russian innovation system provides a study of narratives that combines the qualitative and quantitative research methods. Narratives in R. Schiller’s approach are interpreted as stories or expressed explanations of events, discussed in conversations, news, and social media to stimulate interest or demonstrate emotions. The problem of interrelation between the narratives about the innovation activity and the indicators of the innovation activity is considered. The distinction between the direct and indirect influence of narratives on indicators of innovative activity is proposed. The direct influence of narratives on the indicators of innovation activity may include modifying the methods for calculating indicators. The indirect influence of narratives on the indicators of innovation activity may include modifying the motivation and level of activity of the actors of the national innovation system. The observed dynamics of indicators of innovative activity indicate its stagnation, at the same time, the volume of discussion in the media about innovations is increasing. The paper discusses possible reasons that impede the strengthening of innovative development. The main focus is on assessing the importance of the problem of business demand for innovations and commercialization of innovations. The paper formulates a theoretical framework that summarizes the types of problems that may arise during the implementation of innovative activities. There are five types of problems that may arise during the implementation of innovative activities. The first type of the problems is caused by government compulsion, institutional constraints and intervention in economic activity. The second type of problem is caused by the opportunism of individuals who are selfish at any cost and are capable for violating rules and agreements. The third type of problem is associated with the difficulty of coordination and adapting the plans of free individuals, each of whom has only a part of the common knowledge that should be used in economic activity. The fourth type of problems is the lack of resources and knowledge for innovation; it is well studied by economic science. The fifth type of problems is the inability of individuals to make the optimal choice; in relation to the Russian innovation system, this is only a hypothesis and has not yet been studied. The first three «ideal types» of problems are incorporated in the narrative of the low demand for innovation from the business side.
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Hanushchak-Yefimenko, Liudmyla M. "КОНЦЕПТУАЛЬНІ ПРИНЦИПИ УПРАВЛІННЯ РОЗВИТКОМ ІННОВАЦІЙНО АКТИВНИХ ПІДПРИЄМСТВ АГРАРНОЇ СФЕРИ". Bulletin of the Kyiv National University of Technologies and Design. Series: Economic sciences 151, № 5 (30 березня 2021): 87–93. http://dx.doi.org/10.30857/2413-0117.2020.5.9.
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The article presents the research findings on managing the development of innovation active agribusiness enterprises along with providing a well-reasoned approach to managing agricultural innovations. An in-depth analysis of fundamental conceptual premises revealed the presence of a strong correlation between scientific and technological progress and economic innovation process putting special emphasis on the dominant role of science and technology advances, the core of which is innovation. Innovations being a separate segment of the investment market and its object, both at a time, are closely intertwined with investment since investment beyond innovation often does not make sense, as far as it is hardly possible to keep effectively reproducing the same capital equipment, technology or organizational structure. Moreover, innovations are doomed to fail without attracting investment. Given the crucial significance of innovations for the agribusiness development, the need to build an innovation strategy that ensures the overall alignment of business innovation goals and investment objectives is considered paramount. Apart from the above, the study also offers a detailed overview on the best practices of implementing effective incentive mechanisms to encourage new forms of interaction and cooperation in science and technology between research institutions and industry which operate as integrated structures of different types. Such organizational paradigm of agribusiness innovative activities contributes to tackle the issues of fundamentally new innovative development associated with building new technological modes that spur the emergence of new management patterns for the “science – technology – industry” cycle. It is argued that the ultimate assessment of management effectiveness of innovative agribusiness development could be performed only after the completion of the final phase of innovation implementation since only after bringing a novelty to market one can evaluate the market demand satisfaction rate.
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KRUPINA, S. V., N. V. YABLONSKAYA, and T. G. KOPAIHORODSKA. "MARKET OF THE INNOVATIVE PRODUCTS." Economic innovations 22, no. 1(74) (March 20, 2020): 104–10. http://dx.doi.org/10.31520/ei.2020.22.1(74).104-110.
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Topicality. The modern economy of the developed world powers is oriented on creation of conditions of favorable innovative type of development, attraction and use of innovations in economic activity, one of the main components of regulation of innovative activity of any country is the market of innovations. Aim and tasks. The purpose of the article is to study the current state and components of the market for innovative goods in Ukraine and their impact on the economy of the state. Research results. The main stages of the innovation process and their connection with the market system are considered in the article; the concept and components of the market for innovative goods are defined; the main indicators of innovation activity of Ukrainian enterprises are analyzed. The structure of the basic elements of the market of innovative goods is proposed and the main problems of formation and development of the market of innovations in the country are revealed. Conclusion. The formation of an innovation market is a complex, contradictory process, as an underdeveloped innovation market has a devastating effect on the competitiveness of innovation structures, the reduction of innovation activity and the efficiency of entrepreneurial activity. The development of the innovation market, on the one hand, seeks the entrepreneur to innovate, and on the other - creates fierce competition, technological unemployment, not always the ability to control the level of prices for innovative products, new problems of ecology, ergonomics, security, etc. The functioning and development of the market for innovative goods in Ukraine requires the formation of infrastructure of the market of innovations, increase the demand of industrial enterprises and business for the results of intellectual labor and research and development, and build a system of interconnection between educational institutions, science, scientific, technical, experimental and design activities and representatives of the real economy sector, in the future will increase the innovation activity of Ukrainian enterprises. Little attention is paid to the development and financing of science in the country; functioning of highly competitive development of the market of intellectual and innovative products requires interrelation between business and the state; it is necessary to create a favorable economic, legal and information environment for the development of an innovative market; it is necessary to support the development of innovative entrepreneurship by the state; it is necessary to improve the system of commercialization of the results of intellectual activity at all stages of the innovation process.
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ILNITSKA-GYKAVCHUK, GALINA. "FORMATION OF MECHANISM OF MANAGEMENT OF INNOVATIVE ACTIVITY OF HOTEL ECONOMY." Herald of Khmelnytskyi National University 292, no. 2 (May 2021): 91–93. http://dx.doi.org/10.31891/2307-5740-2021-292-2-15.
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Successful operation of the enterprise is practically impossible without innovations that allow to attract new consumers, improve product quality, competitiveness. The article considers the essence and main types of innovations in the hotel industry. Prerequisites for the introduction of innovations in the hospitality industry are: increasing competition; increasing consumer requirements; growing demand for goods and services; the desire of enterprises to increase market share, attract new customers, improve the image, technological processes of providing services, reduce costs and more. Obstacles to the introduction of innovations are identified: high cost of investment, lack of financial resources, unwillingness of management staff to innovate, high risk, lack of experience. Organizational and economic mechanism of management of innovative activity of hotel industry is a system of principles, functions, methods, tools, strategies, and also normative-legal maintenance which purpose is effective carrying out of innovative policy of the enterprise for improvement of its competitiveness in the market and quality of services. The structure of this mechanism is revealed. The principles of innovation management in the hotel industry are defined: assessment of innovation efficiency, continuity, complexity, sustainability, security, system, compliance with the needs of stakeholders. Methods of innovation management are given: economic incentives, socio-psychological and organizational-legal. The following instruments are defined: laws, regulations, loans, taxes, tax benefits, state and regional programs, plans, financing, rent, franchising and others. Each company chooses its innovation strategy depending on its capabilities. Innovative strategies of hotel management are revealed.
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Yang, Mei, Xin Zhang, Zi Yi Song, and Ning Ding. "Innovative Design of Home Appliances Based on Function Integration." Applied Mechanics and Materials 121-126 (October 2011): 902–6. http://dx.doi.org/10.4028/www.scientific.net/amm.121-126.902.
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Innovation is the key to the success of an enterprise. The innovation in products can make enterprises more competitive. The product function is the essential part in consumers’ demand for products. As a new trend of innovation in products, function integration plays an increasingly prominent role in the innovation design of products. Based on the essence of the innovation design--market demand, this paper analyzes the status and practical application of function integration in product innovative design, especially in the design of home appliances. The design trend of function integration in home appliances is also summarized. In the end, function integration is applied to the innovation design of heater practically, which is more humanistic and closer relationship between people and products.