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Innovation Performance and its Influence on Enterprise Economic Efficiency in the Market

Year 2016, Volume: 6 Issue: 8, 78 - 83, 01.11.2016

Abstract

Innovations are means of competition. A success in how an enterprise uses the innovation processes directly depends on its competitive ability and profitability level. Innovation performance is a level of using innovations. Under a competitive struggle in the market, progress in science and technology holds a specific place. Innovations define the economic success of an organization. It is not simple to have only a desire to increase the performance results, it is necessary to have a factor for organization survival, competitive ability and economic growth prospects preservation throughout the modern innovation world. The experience of the most developed countries shows that the one, whose activity is mainly based on using the innovation processes, becomes a winner in a fight for his client and the main purpose of organizations’ strategic plan is to develop either a new product or services. The innovation performance of an enterprise can become one of the main factors for organizing the competitive strategic prospects of an enterprise, preserving and increasing its positions in the market. The topicality of the theme is very high, as introducing innovations in the activity of an enterprise and its competitive ability level in the market depend on the level of an organization’s innovation performance.

Year 2016, Volume: 6 Issue: 8, 78 - 83, 01.11.2016

Abstract

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Details

Other ID JA35YU79GV
Journal Section Research Article
Authors

Maria P. Prokhorova This is me

Natalia A. Prodanova This is me

Sergey M. Reznichenko This is me

Vyacheslav P. Vasiliev This is me

Vasiliy S. Kireev This is me

Publication Date November 1, 2016
Published in Issue Year 2016 Volume: 6 Issue: 8

Cite

APA Prokhorova, M. P., Prodanova, N. A., Reznichenko, S. M., Vasiliev, V. P., et al. (2016). Innovation Performance and its Influence on Enterprise Economic Efficiency in the Market. International Journal of Economics and Financial Issues, 6(8), 78-83.
AMA Prokhorova MP, Prodanova NA, Reznichenko SM, Vasiliev VP, Kireev VS. Innovation Performance and its Influence on Enterprise Economic Efficiency in the Market. IJEFI. November 2016;6(8):78-83.
Chicago Prokhorova, Maria P., Natalia A. Prodanova, Sergey M. Reznichenko, Vyacheslav P. Vasiliev, and Vasiliy S. Kireev. “Innovation Performance and Its Influence on Enterprise Economic Efficiency in the Market”. International Journal of Economics and Financial Issues 6, no. 8 (November 2016): 78-83.
EndNote Prokhorova MP, Prodanova NA, Reznichenko SM, Vasiliev VP, Kireev VS (November 1, 2016) Innovation Performance and its Influence on Enterprise Economic Efficiency in the Market. International Journal of Economics and Financial Issues 6 8 78–83.
IEEE M. P. Prokhorova, N. A. Prodanova, S. M. Reznichenko, V. P. Vasiliev, and V. S. Kireev, “Innovation Performance and its Influence on Enterprise Economic Efficiency in the Market”, IJEFI, vol. 6, no. 8, pp. 78–83, 2016.
ISNAD Prokhorova, Maria P. et al. “Innovation Performance and Its Influence on Enterprise Economic Efficiency in the Market”. International Journal of Economics and Financial Issues 6/8 (November 2016), 78-83.
JAMA Prokhorova MP, Prodanova NA, Reznichenko SM, Vasiliev VP, Kireev VS. Innovation Performance and its Influence on Enterprise Economic Efficiency in the Market. IJEFI. 2016;6:78–83.
MLA Prokhorova, Maria P. et al. “Innovation Performance and Its Influence on Enterprise Economic Efficiency in the Market”. International Journal of Economics and Financial Issues, vol. 6, no. 8, 2016, pp. 78-83.
Vancouver Prokhorova MP, Prodanova NA, Reznichenko SM, Vasiliev VP, Kireev VS. Innovation Performance and its Influence on Enterprise Economic Efficiency in the Market. IJEFI. 2016;6(8):78-83.