THEORETICAL AND METHODOLOGICAL APPROACHES TO THE DEFINITION ECONOMIC ESSENCE OF INNOVATION AND ITS SUBSYSTEMS

Authors

  • Volodymyr Babych V.N. Karazіn Kharkiv National University, 1, Mironositskaya Str., Kharkiv, 61002, Ukraine

DOI:

https://doi.org/10.26565/2524-2547-2016-51-11

Keywords:

innovative activity, innovation process, innovation, innovative potential, systematic approach

Abstract

In today's globalized world, crucial factors of functioning of the economic system are competitive advantages. The key for competitive advantages are effective innovative activity. The basis of its implementation is knowledge of the mechanisms of formation and implementation of innovative processes.
Thus, in the work were traced and analysed approaches for determining of the economic categories: “innovative activity”, “innovation process”, and “innovation”. In addition, in the article were generalized theoretical knowledge’s for making concept of their functioning.

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Published

2016-12-06

Issue

Vol. 51 No. 1 (2016): Social Economics

Section

SYSTEMS AND MECHANISMS FOR MANAGEMENT AND ADMINISTRATION OF SOCIAL ECONOMICS

How to Cite

THEORETICAL AND METHODOLOGICAL APPROACHES TO THE DEFINITION ECONOMIC ESSENCE OF INNOVATION AND ITS SUBSYSTEMS. (2016). Social Economics, 51(1), 87-93. https://doi.org/10.26565/2524-2547-2016-51-11

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