ASSESSMENT OF INNOVATIVE ACTIVITY OF THE ENTERPRISE IN THE CONDITIONS OF MODERNIZATION OF ECONOMY
Journal Title: World Science - Year 2016, Vol 2, Issue 10
Abstract
Actual direction of development for modern enterprises is the development of innovative technologies. Innovation should be conducted in all areas of the company. The main advantage derived from innovation is to maximize profits by increasing resource opportunities. The demand for methods of evaluating new processes and phenomena increases the interest of scientists to study the factors of innovation activity of economic entities. Various conditions and forms of organization of innovative activity of the enterprises and require different approaches in assessing their innovation activity. Accordingly, in science there are various theoretical concepts. Development of conceptual basis of assessment of innovative activity of the enterprise is based on the methods of economic and financial analysis. Modern trends in economy are related to the processes of modernization and innovation. The development of these processes enriches economic sciences with new empirical material. Scientists and practitioners are developing new concepts in the sphere of assessment of innovation activity of enterprises. As a result there increase the interest to adequate scientific knowledge and rise the role of analytical instruments, particularly economic analysis, as a means of information and analytical support of managerial decisions at the level of economic entities - enterprises and organizations. After all, they are the main characters of economy. Thus, at modern stage, we have, on the one hand, developing methodological foundations of economic analysis, approved by successful experience of largest companies, which often remain inactive in the practice of domestic producers. On the other hand, the high demand in the domestic business assessment instruments of innovative activity, specialists and qualitative analytical products.
Authors and Affiliations
M. Ja. Khodjaeva
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