Values as a Resource for the Innovation Development of Economic Entity
The article is aimed at studying the process of transformation and interaction of enterprise’s values, as well as impact of this process on the efficiency of innovation development of company. Essence of the definition of value has been analyzed by two components: the moral-ethic (important, meaning...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2017-03-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2017-3_0-pages-148_153.pdf |
| Summary: | The article is aimed at studying the process of transformation and interaction of enterprise’s values, as well as impact of this process on the efficiency of innovation development of company. Essence of the definition of value has been analyzed by two components: the moral-ethic (important, meaningful, right, normal, etc.) and the economic (benefit, usefulness, use value). The necessity of allocating the core of the network of values of company, which contributes to formating a platform for the development of an efficient model of the value-oriented management of enterprise, has been substantiated. A model of the formation of company’s values with a view to an efficient innovative development has been proposed. The range of advantages of innovative development of enterprise has been considered through the prism of network of values. Both the alternative and the complementary options for the formation of company values in the process of innovative development of enterprise have been determined. The article provides some examples of experience by the leading companies that have increased the effectiveness of development on the basis of the value-oriented management. It has been found that development of any company according to the innovation vector should be based on an effective network of values, accepted both by separate individuals and the staff in general. |
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| ISSN: | 2222-4459 2311-116X |