Innovative Development of an Enterprise and Ensuring its Efficiency and Sustainability
Journal Title: Бізнес Інформ - Year 2014, Vol 6, Issue 0
Abstract
Basis for effective development, which is stable for a long time, is innovation. The innovative development is the essential basis of the stability and efficiency of the enterprise. Methodological region of task solution of sustainability and efficiency of development based on innovation intersect overlap, specifying areas of ongoing research. The paper proposes a formal structure of transformed model of sustainable development, the interrelation between the stability and efficiency of innovative development of Ukraine, the assessment concepts the effectiveness of enterprise development were considered and systematized. The key indicators for measuring the sustainability of food businesses were generalized and the method of estimating the stability of innovative enterprise development based on the matrix method was proved. It was concluded on innovation as the foundation of enterprise development, which initially violates the economic equilibrium, and then, under the influence of the processes of economic competition, restores stability to a new level. In the transition to a new state enterprise innovators will receive better economic results, which will tend to decline as the other companies introduce these innovations. That is, sustainability and efficiency update the permanence of innovative processes, which, in turn, are a source of enterprise development.
Authors and Affiliations
Nataliya Chukhrayeva
Keywords
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