A Methodical Approach to Evaluating the Level of Innovative Development of Enterprise

Abstract

It is determined that in order to ensure the competitiveness of domestic enterprises it is necessary to activate their innovative development. It is defined that making effective management decisions in the innovative sphere requires the formation of a instrumentarium for comprehensive evaluation. Therefore, the article is aimed at developing a methodical approach to evaluating the level of innovative development of enterprise on the basis of an integral indicator, based on the measurement of the generalizing indicators of the financial, economic, production and technology, scientific, technical, market, labor, information, ecological and social components of innovative development. The ultimate sequence of evaluating the level of innovative development of enterprise is presented. Each of the seven stages of the evaluation, from setting a goal to building up an integral indicator of development, is reasoned and detailed. A methodical approach to evaluating the level of innovative development of enterprise, which consists of three blocks, is proposed. The preparatory block includes an aggregate of all activities that precede the immediate calculations. The implementation unit consists of selecting the most resulting indicators for each of the eight functional subsystems, establishing an algorithm for calculating them and substantiating critical values. The resulting block is a set of measures to calculate the chosen system of evaluation indicators, systematize and analyze the results, and provide recommendations to improve the status of innovation activity of enterprise. The feasibility of applying the proposed methodical approach, which allows to thoroughly examine the process of innovative development the enterprise and to make informed and grounded managerial decisions regarding this process, is substantiated.

Keywords

• innovation
• innovative enterprise development
• evaluation
• methodical approach