Innovation strategies of companies under increasing competition

Authors

  • Andrey Cyrillovich Markov The Moscow attorney office “Law and Finance”

Keywords:

Innovations, innovation strategy, development and implementation of innovations, international competition, market competition of the companies

Abstract

In the article the author considers the theoretical concept that justifies the growing role of innovations in the economic policy of economic agents as well as their significance for successful competing. The author points out acceleration of innovative processes in the world economy and
big role of innovations in increasing the competitive positions of countries and in international operations of companies. Brief suggestions for increasing the role of innovations in the economic development of Russia are made.

Author Biography

Andrey Cyrillovich Markov, The Moscow attorney office “Law and Finance”

Candidate of Economic Sciences
Place of work, post: The Moscow attorney office “Law and Finance”, manager

Published

2024-02-08

How to Cite

Markov, A. C. (2024). Innovation strategies of companies under increasing competition. Russian Foreign Economic Journal, (11), 28–40. Retrieved from https://journal.vavt.ru/rfej/article/view/963

Issue

Section

World economy

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