INSTITUTIONAL ASPECTS OF DEVELOPMENT OF ORGANIZATIONAL AND ECONOMIC MECHANISM OF MANAGEMENT BASED ON MODERNIZATION AND INNOVATION

Antonina Pakhomova and Larisa Namestnikova

Economy & Business Journal, 2016, vol. 10, issue 1, 562-570

Abstract: The article summarizes the experience of the organization and management of scientific and technical developments of enterprises in such countries as the USA, China, Russia. The author proves that for the successful functioning and development of industry in the Russian Federation it is necessary to have institutional mechanism providing a set of prior organizational and economic activities. The concept of formation of organizational and economic mechanism of development by modernization and innovation activity is suggested.

Keywords: scientific and technical development; organizational and economic mechanism; innovations; modernization (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:isp:journl:v:10:y:2016:i:1:p:562-570

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