 Innovation Strategies and International Technology TradeMaxim Alexandrovich Kuznetsov
Russian Foreign Economic Journal, 2024, issue 11, 112-129 Abstract: Intense crisis structural shift s in international political and economic interaction highlight the importance of choosing and justifying national strategies for sovereign development and balanced behaviour of states, including for building technological sovereignty. This appears as part of global national security systems and is perceived as a properly built scientific, educational and technological capacity, as a set of strategies for managing technological processes and models of operational and tactical creation of infrastructure conditions for developing and implementing achievements in science, technology and innovation. The purpose of the article is to determine strategic directions to promote business innovation in international technology trade. The article examines the innovativeness of companies in terms of building and implementing innovation strategies, proactive innovation behaviour of state institutions, science, business, management and specialists, the development of innovative marketing and management, increasing the creative activity of personnel, knowledge-intensive production, professional innovative competencies of personnel. The choice of strategies is conditioned by overdue, too long and indecisively solved issues of business inclusion in the system of development and implementation of innovation. The limitations are related to a set of legal, investment, financial, educational, scientific and motivation problems. For each problem, it is important for the company to define goals, objectives and form options for strategies to increase innovation, starting with an assessment of innovation potential, activation and motivation of personnel. Legal, institutional and scientific regulation solves problems at the state level with the involvement and elaboration of strategies at the level of industries, enterprises, business structures, at the level of research institutes, universities, investment companies, public organizations. Therefore, strategies for enhancing the forward movement and increasing the innovativeness of enterprises should include Strategies for streamlining procurement for scientific and technological developments, Strategies for creating markets for products based on open and end-to-end technologies, Strategies for motivation, stimulating the integration of science and production, Strategies for creating and spatial placement, filling geoterritorial and regional infrastructure, interaction of financial and innovative institutions development, Strategy of personnel (engineering, research, design) support and strengthening of relations between research institutes and universities through long-term motivation and stimulation of scientists’ work. The development and implementation of innovation strategies in the business processes could activate business, increase innovation in the economy and technological sovereignty. Keywords: technology; strategy; innovation; innovative activity; factors; resources; triggers (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2024_11_112-129 DOI: 10.24412/2072-8042-2024-11-112-129 Access Statistics for this article More articles in Russian Foreign Economic Journal from Russian Foreign Trade Academy Ministry of economic development of the Russian Federation Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.