Ikboljon Odashev Mashrabjonovich

The role of technological innovation in the effective economic performances of enterprises

  • Authors Details :  
  • Iqboljon Odashev Mashrabjonovich

Journal title : International Journal of Science and Research (IJSR)

Publisher : International Journal of Science and Research

Online ISSN : 2319-7064

Page Number : 688-693

Journal volume : 8

Journal issue : 12

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At present, numerous approaches have been verified and suggested in relation to the innovation policy formulation of the enterprise. However, less attention is paid to regions in the developing world. An attempt is made in this thesis towards that direction. I argue that from the system of innovation theory perspective, innovation policy practice for regions in the developed world is a problem solving based process, due to the path dependency of innovation policy and the development level of advanced economies. For this purpose, the article proves the possibility of every company’s making much more profit by realizing and improving effective innovative management in the developing economy. And, it will be calculated and assessed the correlation link between the costs of innovation and total revenues of the world’s most innovative companies. In the end, it will be done some conclusions and discussions of nowadays innovators practice.

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DOI : https://doi.org/10.21275/ART20203250

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