Innovative potential: content, organizational forms and its implementation by the Russian and foreign companies

Authors

  • Viktor Ivanovich Korolev Russian Foreign Trade Academy
  • Elena Nikolaevna Koroleva Russian Foreign Trade Academy

Keywords:

Innovation, innovative potential, innovative activity, competitiveness, innovative consortiums, innovative territorial clusters, development

Abstract

The article examines the role of innovation in the development of companies. The definition of “innovative potential” is revealed and special attention is given to the peculiarities of indexes for its valuation. The analysis of internal and external factors that influence innovative potential is given. The importance of managerial factors in implementation of companies’ innovative activities is shown. Characteristics of innovative consortiums, mergers and takeovers of companies, innovative territorial clusters in the development of innovative processes are described. Several examples of the Russian and foreign companies implementing innovative potential are examined.

Author Biographies

Viktor Ivanovich Korolev, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy, Management and marketing Department, the Head

Elena Nikolaevna Koroleva, Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy, Department of World and National Economy, Senior Lecturer

Published

2024-02-08

How to Cite

Korolev, V. I., & Koroleva, E. N. (2024). Innovative potential: content, organizational forms and its implementation by the Russian and foreign companies. Russian Foreign Economic Journal, (5), 40–47. Retrieved from https://journal.vavt.ru/rfej/article/view/1103

Issue

Section

World economy