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The aim of the article. Article is devoted to the definition of the category «innovative mechanism of industrial enterprises». Formation and content of that category was conducted using the research nature and relationships between the three basic components: innovation, mechanism, development. The results of the analysis. Yet, the author researched content and process differences in determining the category of «innovation». Within the process differences was analyzed the static and dynamic approach. Based on the analysis of scientific papers in the field of innovative management approaches to innovation were systematized and generalized. Innovation is the driving force behind the development of the enterprise, and thus determine its essence certainly affects the formation mechanism of the enterprise innovation. Analyzing the different approaches to the definition of innovation, the author defined innovation as any change that takes the system to a new level. The basis of this definition is regarded as a change that promotes the development of the system, improves its properties, while in this definition is not clearly delimited innovation as a result and as a process. In the study of the category «mechanism» the author focuses on the exclusion mechanism of management and the mechanism of development. In most scientific papers focus is just on study management mechanism with selection of elements of the mechanism-based management functions. However, the author notes that the key difference between the mechanism of management and the mechanism of development can be considered in the various processes and procedures that are the subject of each of these mechanisms expression. Logical framework chain will have the following form: management - mechanism - development. This implies that management in the context of innovative economic model, taking the need for innovative renewal as a means of competition and survival in the market conditions at the national and international level should be aimed at ensuring its development through the use of innovative mechanisms. Development in the context of this study is considered as a philosophical and economic points of view, while the author emphasizes that in the context of the industrial development study this category has a positive focus and inappropriate to consider the possible deterioration of the facility with reference to the category of «development» . The author defines an innovative mechanism of industrial enterprises as a set of interrelated innovative instruments that provide the implementation of innovation, its promotion and regulation. Thus, in the context of this definition innovation means not only research and development work in the company, aimed at updating and / or creating new processes, products. Also innovation means development and introduction of innovations that affect different company's intra-organizational processes, as well as displays of enterprise functioning in outer space. Innovative mechanism makes changing certain object, thus its action is not limited to the specific moment, and continues for a long time, within which can be divided into parts. Suggested category «innovative mechanism of industrial enterprises» meets all the requirements that apply to scientific categories, namely a heuristic power, that explains the phenomena that can not be described, otherwise satisfies indirect observability that is reflected in this category, have certain characteristic properties (integrity, alternative, absolute). Conclusions and directions of further researches. So, in the article from a methodological point of view there is necessity of introduction to the theory of innovation management new category «innovative mechanism of industrial enterprises». With logical and structural analysis based on substantive research component of this category the author defined its essence, proved the viability of this category based on the general philosophical principles of scientific categories. [ABSTRACT FROM AUTHOR]

This paper gives the results of the research reached during realization of the research project: "The present state of industry in the Republic of Srpska and the directions of development." The subjects of research were chosen by using several criteria. The basic problems were identified in industry enterprises business and conditions were determined for overcoming the present state. Finally, the paper offers the proposed measures and final considerations. [ABSTRACT FROM AUTHOR]

Purpose: The efficacy implementation of innovative projects in the company. Methology. Utilised known methods of economic analysis and the study of economic processes: a systems approach, factor analysis and comparative economic-statistical, accounting, regulatory modulation. Findings. The paper is analyzed the feasibility of introducing innovations that enable the company to realize zero waste manufacturing. The result is to increase profits, reduce costs and ultimately improve the competitiveness of enterprises. Originality. Investigated ways to achieve effective innovation in the enterprise. The measures to improve the efficiency of innovation activity in the manufacturing sector. Practical value. Implementation of cleaner production ideas with further assessment feasibility of implementing a permit is develop a strategy for the development of enterprises in modern conditions. [ABSTRACT FROM AUTHOR]

The aim of the article. In this paper we have identified the factors of consumer capital, which are accounted in the process of strategic planning on the confectionery enterprises. The results of the analysis. For consumer capital growth it is necessary to consider the features of consumer needs in the strategic planning of the company. A behavior is characterized by the volume and frequency of purchases. Consumer capital is often understood as «capital of relations». In this sense, it includes contracts and agreements, reputation, brand, trademarks, distribution channels and product portfolio, relationships with consumers. Sociological data needed in the allocation of a certain market for groups of consumers are public. For this information analyzing we should use data from different sources, and to consider the thoughts and intuition leadership concerning the market situation. The main task of this research is to identify groups of customers with varying degrees of receptivity of products and brands. To assess consumer capital of confectioner enterprises we have provided market research in 2012 in Donetsk. In conducting marketing research (processed 50 customers) the degree of confidence probability was 95 %, confidence interval - 10,04%. This made it possible to identify the benefits and demands of confectionery consumers, as well as to determine the factors that motivate them to buy. 50 % of respondents often choose products of brand «Roshen». Consumers of PA «Konti» products there are 40 %. Wide range of products, favorable prices, quality products etc. allow «Konti» company to win a large market share of confectionery in the country. On the third place there is «AVK» company. Products of this corporation are bought by 32% of respondents. Note that the «AVK» company is the market leader in Ukraine in category of chocolate candy. More than a half of respondents (56%) choose this type of confectionery like chocolate candy. 46 % of respondents prefer cookies. Bars and tiles are bought by 24% of consumers. All of these products and those who scored less interest are presented in a wide range of each trading firms that were mentioned earlier. Conclusions and directions of further researches. The results of the research give us opportunity to form conclusions: - wide range of products, favorable prices, quality products allow corporations to gain a large market share of confectionery in the country; - to estimate consumer capital of confectionery enterprises we need to conduct market research that will help identify the benefits and demands of its consumers, as well as to determine the factors that motivate them to buy; - in the process of developing the strategic planning of confectionery industry we need to segment the market of consumers that will enable to develop effective measures to increase profits; - ideal buyers confectionery products (according to the research) are women of 25, which income is up to 2000 USD with higher education who buy confectioneries weekly at the supermarket. [ABSTRACT FROM AUTHOR]

The aim of the article. The main purpose of this paper is to analyze the reasons for the lack of creative thinking among specialists, possible ways of its development, using one integrated methodology rather than many currently existing approaches. The results of the analysis. The authors investigated existing creativity development methods of staff and made an integrated plan, adapted to the specifics of Ukrainian enterprises. Three steps to stimulate creativity are proposed. First stage. Organization`s development evaluation. It is necessary for understanding what the workers do in the company, the opportunity to develop creativity, what leadership style is in this organization today. Thus, the characteristics of the company can determine which of the six types of companies through the spiral dynamics it belongs. Second stage. Appropriate atmosphere creating. When you know what is happening in the company, you can begin the change. It is known that you need a special atmosphere for ideas appearing. Creative director assumes the creation of such atmosphere and its support. There are six factors that contribute to the creative atmosphere in the company. Third stage. Work motivation. Creative relation to certain activities consists of three elements: competence, ability and flexibility to non-standard thinking. Manager can influence first two components, but this is the way of great investments and much time. Measures aimed at increasing internal motivation provide greater effect. For it manager has four levels: 1) tasks complexity; 2) freedom degree; 3) group work; 4) level of incentives and the way of organizational support. In this study the authors found that for development and promotion of creative thinking among staff, a manager has to give them freedom to act, to stimulate their work by clarifying the ultimate goal and the importance of its implementation. He should encourage the formation of creative solutions. Creative manager should: - create an atmosphere of openness and collaboration, in which subordinates can stimulate each other through better awareness; - stimulate with material instruments; - take into account individual differences, providing depth assessment of the unique traits of each individual, its strengths and weaknesses; - provide people with stimulating work, which evokes a sense of personal and professional growth; - ensure subordinates by projects and tasks that cause feelings of fullness and completeness. Conclusions and directions of further researches. Thus, managers can encourage creativity of their subordinates using various methods. For good results it should develop a system of staff motivation and creativity. The reward for such efforts is truly innovative company where creative approach to business is the rule but not exception. [ABSTRACT FROM AUTHOR]

The aim of the article. In the article the urgency of differentiation of concepts «marketing potential» and «marketing resource» is examined. The appropriateness of marketing resources allocation into a separate part of the resource base of innovation-directed enterprises is defined. Theoretical bases of marketing resources management for innovation-oriented enterprise are investigated. The author's approach to classification of marketing resources and formation of principles of their management is offered. The purpose of this work is to improve theoretical principles of marketing resources management in enterprise's innovative development. The results of the analysis. In the article the content of marketing resources is depth. It is based on a comparative analysis of the nature and content of «marketing potential» and «marketing resources» concepts. According to the article marketing resources are considered as means of any type of enterprise, allowing forming an effective system of ideas and products' (services) creating, their pricing, promotion, distribution and contributing to improving of enterprises' image and customer loyalty. It is determined that the main difference between marketing potential and marketing resources is that marketing resources actually exist in the enterprise, and the potential is a consequence of how this resource will be used during production. In this article marketing of innovative activity is explored. It primarily includes marketing strategies of enterprise's development and programs of their realization, possession of a certain market part (segment), formed base of existing and potential customers, availability of existing and potential business relationships, enterprise's image, brand of products, trade/commodity mark, availability and work with special marketing computer programs, etc. Marketing resources in the context of enterprises' micro- and macroenvironment are considered. The paper presents marketing resources' classification that allows to innovation focused enterprises to manage their own marketing resources to ensure their competitiveness. In particular, following features are highlighted: character of formation, degree of processing completeness, level and criterion of implementation, way of reference. Thus, according to degree of processing completeness marketing resources are: fully processed, partially processed, and not processed. For level and criterion of implementation marketing resources are fully implemented, partially implemented, not implemented or will be implemented in the future. By criterion of realization marketing resources are differentiated on products or on the enterprise as a whole. On the way of reference it is allocated by means of indicators of their activity, forecasting of activity and the system approach to estimation (complex). On the way of marketing resources reference it is allocated by means of indicators of their activity, forecasting of activity and the system approach to estimation (complex). There are two types of marketing resources: material and immaterial - in microenvironment of innovation oriented enterprises. Material resources include: research and methodological base, professionals, using of scientific and technological achievements, computer programs that assist in the information processing. Immaterial resources include: enterprise image, formed portfolio of orders, base of existing customers and existing business partners, access to information, strategy and program of development, availability of well-established distribution channels, non-standard thinking. Macroenvironment includes such segments as demographic, economic, environmental, technological, political and social consciousness. Conclusions and directions of further researches. The procedure and principles of marketing resources management in conditions of the enterprise's innovative development are researched. So, the authors identified the following principles based on the rule 5?-4S-5C: 1) prognostication, purposefulness, planning, poise, pliability; 2) systematic, stimulation, speedily, standardization;3) concordance, ?reativity, circumstantiality, chance, calculation. Thus, the received results contain both theoretical and practical novelty, which consists in the author's approach to marketing resources' control system formation in innovative activity of enterprises working on a domestic market of commodity and services. [ABSTRACT FROM AUTHOR]

Having in mind that immaterial assets are the main source of values in modern companies, attention is drawn to their analysis in order to improve management efficiency in domestic enterprises. Efficient management of intellectual capital is a key factor of competitiveness. This paper pays attention to intellectual capital, its historical development and its influence on enterprises' activity. Intellectual property as a determiner of intellectual capital is also discussed here. [ABSTRACT FROM AUTHOR]

The paper outlines the system connections of the participation of the personnel with the theory of corporate governance. It creates a base for applying the instruments of this theory in analytical and empirical studies in this area. It generalizes the results of actual international studies and determines the different forms of participation in the EU member countries. The study compares the differences in determining the forms of participation in the old and new EU member countries. It forms the reasons for the failure of the attempts for introducing the elements of the workers' self-management in the administrative system in Bulgaria. The paper identifies the first attempts for establishing forms of participation of the personnel in private Bulgarian enterprises. It determines the directions of development of these forms and makes suggestions for improving the policy. [ABSTRACT FROM AUTHOR]

In the context of the theory of the knowledge economy, the paper interprets the role of the industrial property for improving the competitiveness of the firms and the significance of the patent-license firm policy for their innovative development. Based on analysis, the article formulates conclusions on using the intellectual property in the firms in Bulgaria: ·Exclusive rights on the objects of industrial property do not provide real economic benefits to the Bulgarian firms. ·The imitators are a serious threat to the industrial property of the firms, and the increase of the number of violations of the rights of the industrial property is a main problem in all sectors. ·The weak activity of the technological market in Bulgaria is a direct result of the low technological profile of the Bulgarian economy and of the lack of motivation of the firms creating and introducing new technological solutions. In conclusion the paper makes the statement that the industrial property is not considered and used as an economic resource by the firms in Bulgaria. [ABSTRACT FROM AUTHOR]

In this paper the authors analyze the problem of space construction in mono-towns. The researchers describe identification criteria for mono-towns, clarify the notion in a series of concepts such as «one company town» and «industrial city». The structure of mono-towns space is closely connected with the position of city-forming enterprises. For local population main (city-forming) enterprises are the source of town's prosperity. The article states that the practice of life-support of population is constructed in a strong connection with the activities and status of the enterprises. The authors consider Asbest town as an empirical case and analyze non-human actors that organize the structure of the town. [ABSTRACT FROM AUTHOR]

The article uses the system of evaluation of resource provision of innovative development on the example of an industrial enterprise. The competitiveness of the products of the investigated enterprise was calculated. An assessment of the innovation potential of PJSC "Element". The calculation of the level of innovative development of the researched enterprise is made. The organizational and economic measures on activization of innovative potential of the industrial enterprise are offered. Indicators of innovation activity of PJSC "Element" are calculated and conclusions on further strategy of the enterprise are given. A list of problems of economic support of innovative development of PJSC "Element" was formed and each of the problems was assessed by expert methods from 0 to 10 to better understand which of the identified problems are the most acute and require immediate response. [ABSTRACT FROM AUTHOR]

This study examines factors influencing and constraining the decision to recognize zero goodwill impairment in a sample of 52 Singaporean listed firms from 2010-2012. Using binary logistic regressions, the results reveal that firms that are approaching violation of their debt covenants have a higher likelihood of exercising the recognition choice, while a higher proportion of audit committee independence constrains this choice. The policy implication of this study is that to improve the quality of the financial statements, the relevant authorities need to monitor firms' reporting incentives closely. This study contributes to the literature on IFRS by providing evidence that supports the applicability of the debt hypothesis in explaining the decision of Singaporean listed firms to recognize zero goodwill impairment. [ABSTRACT FROM AUTHOR]

There has been noted that in the process of the development of economic relationship, improvement and technology integration, innovations and transformations implementation, increase in productivity and activity outcomes the principles of management, development and system functioning are changed, complemented and transformed. There has been found that to meet the goals of industrial enterprises development, encourage cooperation of all units in the system during development, make financial and economic, production and technical managerial decisions on the basis of systemic approach to management, analysis of systems principles, development and management of phenomena and processes it is necessary to take into account the developed basic and additional principles of formation of the strategic management system of the industrial enterprise development. The basic principles are: flexibility, integrity, optimality, efficiency, productivity; the additional ones: rationality, correspondence, dynamism, control. Themultitude of thementioned principles has been formed according to managerial actions that correspond to the stage of the formation of the development goal (correspondence and dynamism principles), stages of development management (flexibility, integrity, optimality, rationality, control principles) and stages of development goals realization (efficiencyand productivity),which ensures specification of the role and principles in the process of the industrial enterprise development. The principles are subdivided according to subsystems of inner state (production and realization - flexibility principle, financial state - integrity, resource state - flexibility principle), the subsystemof outer state (correspondence and dynamismprinciple). There have been determined principles that characterize the functioning of all subsystems within the systemof strategic management of development during the formation of managerial decisions (optimality, rationality and control principles) and during the results of the industrial enterprise development (efficiency and productivity principles). [ABSTRACT FROM AUTHOR]

In article specifics of formation of innovative capacity of machine-building enterprises of Ukraine are defined. The analysis of views of foreign and domestic scientists concerning essence of innovative potential is made. Distinctions in understanding of innovative potential at domestic and foreign scientists are revealed. Different approaches to studying of innovative potential testify to complexity of the specified problem and ambiguity of ways of its decision. Innovative potential should be considered as a measure of ability of machine-building enterprises to transform the resources (intellectual, research, information, etc.) in innovative development, in productive accumulation of the qualities with high social and economic effect. Themaintenance of innovative potential provides allocation of its components: the intellectual component defines possibilities of generation and perception of ideas and plans of innovations and their finishing to level of new technologies, designs, organizational and administrative decisions, research - characterizes existence of results of research works, sufficient for generation of new knowledge; information component characterizes information security of the managing subject of information, necessary for innovative activity; scientific component - ability of the personnel to apply new technologies, to realize new organizational and administrative decisions, to make new goods Thus, generalization and systematization of methodological approaches to treatment of the maintenance of potential of the innovative development, offered by authors, its structure allow to define the main conditions which have to be provided with them for assistance to innovative development of machine-building enterprises. [ABSTRACT FROM AUTHOR]

Purpose. To develop the apparatus of the rapid diagnostics for identifying trends of economic protectability of an industrial enterprise on the basis of the proposed minimum number of the quality control indicators of the innovative activities at modern industrial enterprise. Methodology. We have used the coefficient approach method for calculation of the selected indices-indicators, which are brought to the same dimension, providing easy system control. Findings. The results of the rapid diagnostics considering the general trend of the economic protectability of an economic entity are based on the dynamics of the following indicators: level of financing and crediting of the innovative activities, integrated indicator of the efficiency and profitability of innovative projects with respect to the investments attracted to the enterprise in the innovative protectability diagnostic system. Originality. We have developed a conceptual approach to the implementation of rapid diagnostics of the optimal selection of indicated factors which control accurately the condition of innovative activities of the economic entity and closely correspond in time with the rising or falling trends in the internal state of economic protectability of the investigated industrial enterprise. It allows fixing the impact of threats on the innovation activity and objective assessment of the state of economic potential for production and sale of innovative products. Practical value. The rapid diagnostics method consists in accelerated identification of trends in the changing state of the current economic protectability of enterprise under the influence of internal and external threats. It is easy-to-use for any enterprise willing to verify the dynamics of its potential level of protectability through the efficiency of innovations implementation by means of the complex of information data in the context of the dynamics of the intermediate values of control parameters. In general, the enterprise's innovative activities can be additionally stimulated by various events and correlated with operating, financial and investment activities in relations with competitors and financial and credit institutions. [ABSTRACT FROM AUTHOR]

The aim of the article. The purpose of the article is to study the matter of investment in fixed capital of Ukraine's enterprises as a basis of country innovation development and to determine the role of fixed capital investments in innovative development providing. The results of the analysis. In the article the structure and the volume of foreign investments attracting to the national economy of Ukraine during 2003-2012 are analyzed. It is determined that in spite of annual positive foreign investments volume growth in compare to the previous year the dynamic shows the investment climate deterioration because of the investment runoff. The determined trends show the problem in providing a country's sunstainable economic development in the innovative aspect. The basis of the country's innovative development is the investment activation into the enterprises' fixed capital. The economic activity of the subjects of economy and the level of their competitiveness in domestic and foreign markets are determined by the essential level of fixed capital funds. They are the basis of the enterprise productive process. According to the analysis Ukrainian enterprises have a high level of fixed capital consumption. The rate of investments aimed to renovate fixed capital is too small. The volumes of fixed capital funds renovation and reproduction financing at the domestic enterprises reduced according to the reduction production volume and joint profits. The main source of fixed capital funds reproduction at the industrial enterprises of Ukraine is the main financial assets of the enterprise. The catastrophic lack of internal and external funds was the reason why heads of enterprises refused to implement new innovative projects and carry out all required actions on calling in accumulated credit obligations to the counteragents. Investment increasing will make it possible to renew enterprises' fixed capital funds, to reorganize the coproduction and to balance the development of national economy. They promote to create required industry's raw material base, to accelerate the scientific and technical progress, to the production quality, to develope new product markets. The financing of the innovation and investment activity can be both at domestic cost and at foreign investors' cost. Though nowadays the volumes of foreign investments are too small because of tense economic and political situation. The structure of investment sources in includes: enterprise own financial funds, borrowed money, raised money and allocation. At the present stage of national economy development the innovation and investment processes of industrial enterprises have inertial characteristics because of accumulated internal and external problems existing for many years. We should direct the domestic science and technical potential to provide the needs of the economic innovation development of Ukraine and to organize hi-tech production. Also it is necessary to develop and implement the means of government support in innovative activity, to increase the budget financing in enterprises' innovative activity. In spite of real gross domestic product increase in 2010 and improvement of internal and external market conditions the private and state sectors decreased the investments into the productive capacity extension. The law rate of investments into the fixed capital is to be a threat for further economy renewal because the third part of the investments is in operations in the current year, and the other two-thirds of investments is in next year operations. So it is impossible in medium-term prospect to fasten the development of Ukraine economy. Conclusions and directions of further researches. Consequently, the investment matter directed on enterprises fixed capital funds renewal is a key matter in the problem-solving of Ukrainian industry innovation development activation. The further research trends are the development of methods to choice the appropriate structure of Ukrainian enterprises investment resources. [ABSTRACT FROM AUTHOR]

In the article the author has analyzed and systematized some environmental safety problems that arise in determining the economic evaluation of investment attractiveness of enterprises. Various approaches to ensure environmental safety have been researched. [ABSTRACT FROM AUTHOR]