Modern improvement of innovative activity of the enterprise

Abstract

The article considers the current state of innovation and investment development of enterprises. The directions of financial support are investigated, the analysis of the basic economic indicators of innovative processes at these enterprises is carried out. Problems of innovation and investment development of enterprises are revealed. The development of the enterprise is impossible without the development of strategic directions of its activities, which are based on innovations having an innovative character. It should be noted that the process of innovation generates innovation, that is activities that are aimed at the use and commercialization of research and development results and leads to the release of new competitive goods and services. Given this interpretation, innovation means the whole, without exception, the innovation process, starting with the emergence of scientific and technical ideas and ending with the distribution of the product. It can be argued that the main direction of the innovation process is the novelty of the solution, and its implementation in enterprises is accompanied by a change in certain components of their operation. Depending on certain areas of innovation change in the enterprise it is necessary to introduce a clear system of innovative development, which should be based on the development of an effective innovation strategy, which is the key to the competitiveness of the enterprise. A study of the problems of organization and innovation in industrial enterprises of Ukraine found that along with the lack of existing state programs to support and finance innovation projects, lack of working capital, the implementation of innovations often requires much higher costs than expected when deciding on innovation; potentially effective innovations are not implemented or are implemented with a long delay (due to errors in estimating the timing of implementation, resistance to innovation, imperfect organization of innovation processes and lack of developed innovation infrastructure). The importance of the fastest possible entry of enterprise innovation into the market (for example, new products or services) relates to the problem of reducing the duration of the innovation cycle. After all, innovation of any kind has a systemic nature and spreads in all areas of the organization and is a major factor in the growth of economic effect.