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OALib Journal期刊
ISSN: 2333-9721
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Selected aspects of innovation in modern enterprise

Keywords: Innovation , Competitiveness , Companies

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Abstract:

Today, a company is considered as innovative and competitive, when it possesses the ability to use intellectual capital and information system in order to understand the market and results of scientific research, new concepts, ideas and inventions which are expected by consumers due to the high level of modernity. Therefore, more and more enterprises become a part of a network organization which implements the processes of innovation – because they are jointly capable of generating a higher value than when they acted alone. Thus, innovation can be the main source of building specific and unique skills of the company, and their scale depends largely on the amount of resources spent on R&D activities funded by both the state and by the company itself.

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