INSTITUTIONAL ASPECT OF IMPLEMENTING MODERN INNOVATIVE BUSINESS PROCESSES
Abstract
The selected issues remain very relevant in the course of research on fundamental approaches to studying the institutional aspects of the implementation of modern innovative business processes. The institutional aspect of the implementation of modern innovative business processes plays a key role in ensuring the successful implementation and functioning of innovations in various spheres of the economy. Institutions, including formal (legislative, regulatory) and informal (cultural, social), create favorable or restrictive conditions for the application of innovative approaches in the process of developing a modern competitive market. In this regard, it is worth noting several main elements of the institutional aspect of modern business processes. The author has studied the main elements of the institutional aspect of modern business processes. The levels of innovative changes in modern business processes of the market environment are also distinguished. The article determines that institutional and innovative changes in the modern market environment significantly affect the transformation of business processes and management strategies. The analyzed changes determine the priority areas of the formation of a favorable institutional environment, which ultimately contributes to the growth of business competitiveness, and also stimulates the economic development of the country as a whole. It is formulated that the combination of institutional and innovative changes forms the basis for a new paradigm of the development of the market environment, which is based on the openness, dynamism and stability of the modern economic system. The ways of innovative development are proposed while ensuring the successful implementation and functioning of innovations in various spheres of the economy. The formation of a favorable institutional environment contributes to the growth of business competitiveness, and also stimulates the economic development of the country as a whole. The combination of institutional and innovative changes forms the basis for a new paradigm for the development of the market environment, which is based on openness, dynamism and sustainability.
References
Бабенко І., Большая О., Іщенко І., Харченко Н., Школяр С. Роль реінжинірингу в розвитку бізнес-процесів, інноваційного менеджменту та маркетингу підприємств. Сталий розвиток економіки. 2024. №4(51), С. 5-10. DOI: https://doi.org/10.32782/2308-1988/2024-51-1(дата звернення: 21.01.2025).
Близнюк Т. П. Проблеми формування інноваційного потенціалу українського підприємства. БІЗНЕС ІНФОРМ. 2011. №2. С. 21 – 26.
Ватченко О. Б., Ватченко Б. С., Черевко О. Л. Інноваційний розвиток підприємства : навч. посібник. Дніпро : Акцент ПП, 2017. 404 с.
Інноваційне право: науково-практичний посібник. 2-ге вид., оновл. і доп./ за заг. ред. С. В. Глібка, О. В. Розгон, А. В. Стріжкової. Харків: НДІ ПЗІР НАПрН України, 2020. 244 с.
Кравчук І., Лавриненко С., Зелінська А. Діджиталізація бізнес-процесів: інноваційна складова менеджменту підприємств. Економіка та суспільство. 2023. №58. DOI: https://doi.org/10.32782/2524-0072/2023-58-19 (дата звернення: 18.01.2025).
Магомедова А. М. Ключові тенденції розвитку інноваційних бізнес-моделей компаній. Актуальні проблеми економіки. 2022. № 8 (254). С. 25-32.
Марченко О.І., Пуства В.О. Розвиток інноваційних бізнес-процесів на підприємстві. Інфраструктура ринку. 2022. Вип. 69. С. 99-103. URL: http://www.market-infr.od.ua/journals/2022/69_2022/19.pdf (дата звернення: 18.01.2025).
Управління інноваційним розвитком : навч. посібн. / Юринець З.В., Гнилянська Л.Й., Юринець Р.В. Львів : СПОЛОМ, 2021. 132 с.
Слободян Н. Я., Левченко Ю. Г., Іванюта Т. М. Інноваційних бізнес-рішень на формування стратегічного потенціалу підприємств харчової промисловості. Український журнал прикладної економіки та техніки. 2024. Т.9. № 1. С.123-130.
Khalatur, S., Kachula, S., Oleksiuk, V., Kravchenko, M., Klymenko, S. (2023). Anti-crisis management as a basis for the formation of a financial mechanism for the sustainable development of agricultural business. Financial and Credit Activity Problems of Theory and Practice. Vol.5(52), рр.341–356. DOI: https://doi.org/10.55643/fcaptp.5.52.2023.4169 (дата звернення: 21.01.2025).
Vinichenko, I.I., Honcharenko, O.V., Khalatur, S.M., Sitkovska, A.O., Prus, Y.O., Korchahina V.H. (2020). Innovation investment platform of complex ensuring the economic security of enterprises of agrarian industry. Rivista di Studi sulla Sostenibilita. Vol.(2), pp. 63-79. DOI: https://doi.org/10.3280/RISS2020-002-S1006(дата звернення: 18.01.2025).
Zhylenko, K.M., Khalatur, S.M., Pavlenko, O.P., Pavlenko, O.S. (2022). Formation of macroeconomic indicators under the influence of MICE-tourism. Academy review. Vol.2 (57), рр. 249-266. DOI: https://doi.org/10.32342/2074-5354-2022-2-57-19(дата звернення: 19.01.2025).
Babenko, I., Bolshaya, O., Ishchenko, I., Kharchenko, N., Shkolyar, S. (2024), Rol reinzhynirynhu v rozvytku biznes-protsesiv, innovatsiynoho menedzhmentu ta marketynhu pidpryyemstv [The role of reengineering in the development of business processes, innovative management and marketing of enterprises]. Sustainable development of the economy, vol. 4(51), pp. 5-10. DOI: https://doi.org/10.32782/2308-1988/2024-51-1(accessed January 21, 2025).
Blyznyuk, T. P. (2011), Problemy formuvannya innovatsiynoho potentsialu ukrayinskoho pidpryyemstva [Problems of forming the innovative potential of a Ukrainian enterprise]. BUSINESS INFORM, no. 2, pp. 21 – 26 (in Ukrainian).
Vatchenko, O. B., Vatchenko, B. S. and Cherevko, O. L (2017), Innovatsiynyy rozvytok pidpryyemstva : navch. posibnyk [Innovative development of the enterprise: study guide ]. Dnipro: Accent PP. 404 p. (in Ukrainian).
Hlibka, S. V., Rozgon, O. V. and Strijkova, A. V. (2020), Innovatsiyne pravo: naukovo-praktychnyy posibnyk [Innovation Law: Scientific and Practical Manual]. 2nd ed., updated and supplemented. Kharkiv: Research Institute of Industrial Research of the National Academy of Sciences of Ukraine, 244 p. (in Ukrainian).
Khalatur, S., Kachula, S., Oleksiuk, V., Kravchenko, M. and Klymenko, S. (2023), Anti-crisis management as a basis for the formation of a financial mechanism for the sustainable development of agricultural business. Financial and Credit Activity Problems of Theory and Practice, vol.5(52), рр.341–356. DOI: https://doi.org/10.55643/fcaptp.5.52.2023.4169 (accessed January 21, 2025).
Kravchuk, I., Lavrynenko, S. and Zelinska, A. (2023), Didzhytalizatsiya biznes-protsesiv: innovatsiyna skladova menedzhmentu pidpryyemstv [Digitalization of business processes: an innovative component of enterprise management]. Economy and Society, no. 58. DOI: https://doi.org/10.32782/2524-0072/2023-58-19 (accessed January 16, 2025) (in Ukrainian).
Magomedova, A. M. (2022), Klyuchovi tendentsiyi rozvytku innovatsiynykh biznes-modeley kompaniy [Key trends in the development of innovative business models of companies]. Current problems of the economy, no. 8 (254), pp. 25-32 (in Ukrainian).
Marchenko, O.I. and Pustva, V.O. (2022), Rozvytok innovatsiynykh biznes-protsesiv na pidpryyemstvi. Infrastruktura rynku [Development of innovative business processes at the enterprise]. Market infrastructure, vol. 69, pp. 99-103. Available at: http://www.market-infr.od.ua/journals/2022/69_2022/19.pdf (accessed January 16, 2025) (in Ukrainian).
Slobodian N. Ya., Levchenko Yu. G. and Ivanyuta T. M. (2024), Innovative business solutions for the formation of strategic potential of food industry enterprises. Ukrainian Journal of Applied Economics and Technology, vol. 9, no. 1, pp. 123-130 (in Ukrainian).
Vinichenko, I.I., Honcharenko, O.V., Khalatur, S.M., Sitkovska, A.O., Prus, Y.O., and Korchahina V.H. (2020), Innovation investment platform of complex ensuring the economic security of enterprises of agrarian industry. Rivista di Studi sulla Sostenibilita, vol.(2), pp. 63-79. DOI: https://doi.org/10.3280/RISS2020-002-S1006 (accessed January 18, 2025).
Yurinets, Z.V., Hnylyanska, L.Y. and Yurinets, R.V. (2021), Upravlinnya innovatsiynym rozvytkom : navch. posibn. [Management of innovative development: study guide]. Lviv: SPOLOM. 132 p. (in Ukrainian).
Zhylenko, K.M., Khalatur, S.M., Pavlenko, O.P. and Pavlenko, O.S. (2022), Formation of macroeconomic indicators under the influence of MICE-tourism. Academy review, vol.2 (57), рр.249-266. DOI: https://doi.org/10.32342/2074-5354-2022-2-57-19 (accessed January 19, 2025).
This work is licensed under a Creative Commons Attribution 4.0 International License.
