Dichotomy of enterprises’ innovative transformations

Authors

DOI:

https://doi.org/10.31617/zt.knute.2021(115)02

Keywords:

innovative transformations, dichotomy, enterprise, development, strategy, synergy, industry affiliation, pandemic.

Abstract

Background. Innovative transformations of enterprise development take place regardless of the opportunities and threats of the market environment in which they operate. However, not every innovative changes cause the desired results in the management of enterprise activities in a pandemic and other market challenges.
Analysis of recent research and publications has shown that so far almost nobody has paid due attention to the dichotomy of innovative transformations of enterprises.
The aim of the article is to develop theoretical and methodological approaches to determining the dichotomy of innovative transformations of enterprise development in a pandemic with taking into account the industry affiliation of enterprises.
Materials and methods. In the course of the research the methods of comparative analysis, surveys, analytical data processing were used.
Results. Based on the theory of innovation management and the results of a survey of managers of trade and restaurant enterprises in Ukraine, Poland, Greece, the stages of innovation transformations at enterprises were carried out.
Six types of models for managing innovative transformations were identified. Additionally, a quantum business model of innovative transformations management is defined.
It is proposed to introduce the concept of «innovation dichotomy» into scientific circulation, under which to understand either two different consequences as a result of the same type of innovative changes in enterprises of different industries under certain market challenges, or that under certain market circumstances, enterprises in different industries have different needs for innovations. It is determined that there is interrelation between the dichotomy and the synergy of innovations in the enterprise. Dichotomy can be manifested due to the likelihood of simultaneous implementation  of factor-saving and non-factor-saving innovations at the enterprise.
Conclusion. It is determined that innovative transformations at the enterprise take place in several stages and can be divided into basic and probabilistic ones. The concept of «innovation dichotomy» has been introduced into scientific circulation, which allows to better understand the probability of both positive and negative consequences in the process of implementing various innovations. The interrelation between the dichotomy and the synergy of innovation at enterprises is identified. It is determined that there are six types of models for managing innovative transformations: functional; process; saving; viable; quantum product; quantum business, which has the dimension 8D.
In the future, the obtained results of the study can be used to assess the allowable level of the dichotomy of innovations in the development of enterprises in various fields of economic activity and so on.

Author Biographies

Galyna PIATNYTSKA, Kyiv National University of Trade and Economics

Doctor of Sciences (Economics), Professor, Professor at the Department of Management

Oleh HRYHORENKO, Kyiv National University of Trade and Economics

Candidate of Technical Sciences, Associate Professor, Associate Professor at the Department of Engineering and Technical Disciplines

Tetiana DOLZHENKO, Kyiv National University of Trade and Economics

Bachelor of Management of Organizations, Faculty of Economics, Management and Psychology

References

Hvolkova, L., & Klement, L. (2020). Management of Innovation Development in the Slovak Republic: Critical Evaluation of the Investment Aid System. Marketyng i menedzhment innovacij – Marketing and innovation management, 1, 26-39 [in Ukrainian]. https://doi.org/10.21272/mmi.2020.1-02

Barann, B., Hermann, A., Cordes, A., Chasin, F., & Becker, J. (2019). Supporting digital transformation in small and medium-sized enterprises: a procedure model involving publicly funded support units. Proceedings of the 52nd Hawaii International Conference on System Sciences, (pp. 4977-4986) [in English]. https://doi.org/10.24251/HICSS.2019.598

Svinar’ova, G. B. (2019). Innovacijni zminy v systemi monitoryngu rivnja finansovo-ekonomichnoi’ bezpeky pidpryjemstva [Innovative changes in the system of monitoring the level of financial and economic security of the enterprise]. Economic journal Odessa polytechnic university, 4 (10), 123-128 [in Ukrainian].

Kasych, A. O. (2020). Innovacijno-investycijni proekty jak umova pidvyshhennja efektyvnosti systemy upravlinnja v budivnyctvi [Innovation and investment projects as a condition for improving the efficiency of the management system in construction]. Investycii’: praktyka ta dosvid – Investments: practice and experience, 13-14, 81-85 [in Ukrainian]. https://doi.org/10.32702/2306-6814.2020.13-14.81

Kraus, N. N. (2014). Іnstitutional determinants of forming and development of competitive domestic innovation economy. Оралдыңғылымжаршысы, 13 (92), 70-75 [in English].

Bezus, A. M., Shevchun, M. B., & Bezus, P. I. (2019). Perspektyvy innovacijnogo rozvytku rozdribnoi’ torgivli v Ukrai’ni [Prospects for innovative development of retail trade in Ukraine]. Ekonomika ta derzhava – Economics and State, 5, 24-28 [in Ukrainian]. https://doi.org/10.32702/2306-6806.2019.5.24

Micenko, N. G., & Mishhuk A. I. (2016). Rozvytok pidpryjemstva na osnovi informacijnogo ta innovacijnogo potencialu [Development of enterprise based on information and innovative potential]. Naukovyj visnyk Odes’kogo nacional’nogo ekonomichnogo universytetu – Scientific Bulletin of the Odessa National Economic University, 4 (236), 191-204 [in Ukrainian].

Goncharov, Ju. V., & Pavlov, V. V. (2019). Dzherela resursnogo zabezpechennja rozvytku innovacijnoi’ ekonomiky: harakterystyka, osoblyvosti, vzajemozv’jazok [Sources of resource support for the development of innovation economy: characteristics, features, interconnection]. Suchasni pytannja ekonomiky i prava. – Modern issues of economics and law, 1, 69-83 [in Ukrainian].

Thompson, N. J. (2004). Innovativeness and performance: evidence from manufacturing sectors. Journal of Strategic Marketing, 12, 255-266 [in English]. https://doi.org/10.1080/0965254042000308075

Pidkaminnyj, I. M., & Cipurynda, V. S. (2011). Systemni faktory vplyvu na innovacijnyj rozvytok pidpryjemstva [System factors of influence on the innovation development of the enterprise]. Efektyvna ekonomika – Effective economy, 3. Retrieved from http://www.economy.nayka.com.ua/?op=1&z=480 [in Ukrainian].

Fedulova, I., Piatnytska, G., & Lukashova, L. (2018). Small business in Ukraine: peculiarities and problems of development in the conditions of the fourth industrial revolution. Marketyng i menedzhment innovacij, 3, 216-228 [in English]. https://doi.org/10.21272/mmi.2018.3-19

Vergal, K. Ju. (2016). Teoretychni pidhody do klasyfikacii’ innovacijnyh strategij [Theoretical approaches to the classification of innovative strategies – Teoretychni i praktychni aspekty ekonomiky ta intelektual’noi’ vlasnosti – Theoretical and practical aspects of economics and intellectual property, (Vol. 2), (pp. 214-219) [in Ukrainian].

Rudnyc’ka, O. M. (2014). Innovacijna dijal’nist’ pidpryjemstv v Ukrai’ni ta shljahy i’i’ pokrashhennja [Innovative activity of enterprises in Ukraine and ways to improve it]. Visnyk Nacional’nogo universytetu «L’vivs’ka politehnika». Logistyka – Bulletin of the National University «Lviv Polytechnic». Logistics, 811, 305-309 [in Ukrainian].

Huo, M. (2013). The Study of Knowledge Innovation Based on Enterprise Knowledge Ecosystem. Business and Management Research, (Vol. 2), 1, 69-73 [in English]. https://doi.org/10.5430/bmr.v2n1p69

Grybinenko, O. (2017). Innovation activity priority selection system of enterprises. European cooperation, (Vol.2 (21), (pp. 42-51) [in English].

P’jatnyc’ka, G. T., & Dolzhenko, T. V. (2021). Informacijni innovacii’ v upravlinni rozvytkom pidpryjemstva: peredumovy zabezpechennja. Novi informacijni tehnologii’ upravlinnja biznesom: Zbirnyk tez IV Vseukrai’ns’koi’ naukovo-praktychnoi’ konferencii’ [Information innovations in the management of the company’s development: preconditions for providing. New information technologies for management of business: Collection of Theses of IV All-Ukrainian Scientific and Practical Conference]. Kyi’v: Spilka avtomatyzatoriv biznesu, (pp. 393-397) [in Ukrainian].

Karmazina, O. O. (2019). Naukova ta innovacijna dijal’nist’ v Ukrai’ni: Zbirnyk statej [Scientific and innovative activity in Ukraine: Collection of articles]. Kyi’v: Derzhanalitinform [in Ukrainian].

Hamel, G., & Prahalad, C. (2000). Competing for the future. Boston: Harvard Business School Press [in English].

Porter, M. E. (2008). The Five Competitive Forces that Shape Strategy. Harvard Business Review, (Vol. 86), 1 (Special Issue), (pp. 78-93) [in English].

Porter, M. E. (1986). Competition in Global Industries. Harvard Business Press [in English].

Shherbakov, D. S. Strategicheskaja transformacija innovacionnogo predprijatija v uslovijah krizisa [Strategic transformation of aninnovative enterprise in crisis]. Retrieved from http://info.e-c-m.ru/magazine/67/eau_67_100.htm [in Ukrainian].

P’jatnyc’ka, G. T., Grygorenko, O. M., Shostak, N. Ju., & Gornostaj, E. P. (2021). Vplyv COVID-kryzy na galuzevyj rozvytok ta strategii’ pidpryjemstv [Influence of COVID crisis on sectoral development and business strategy]. Fundamental and applied research in the modern world. Abstracts of the 6th International scientific and practical conference. BoScience Publisher. Boston, USA, (pp. 21-27). Retrieved from https://sci-conf.com.ua/vi-mezhdunarodnaya-nauchno-prakticheskaya-konferentsiyafundamental-and-applied-research-in-the-modern-world-20-22-yanvarya-2021-goda-boston-ssha-arhiv. С. 738-747 [in Ukrainian].

Dyhotomija. Vikipedija [Dichotomy. Wikipedia]. Retrieved from https://uk.wikipedia.org/wiki [in Ukrainian].

P’jatnyc’ka, G. T. (2006). Upravlinnja pidpryjemstvom v epohu globalizmu: monografija [Enterprise management in the era of globalism: monograph]. Kyi’v: Logos [in Ukrainian].

P’jatnyc’ka, G. T., & Najdjuk, V. S. (2018). Mul’tyvariatyvnist’ strategij innovacijnogo rozvytku. [Multivariability of innovation development strategies]. Zovnishnja torgivlja: ekonomika, finansy, pravo. Ekonomichni nauky – Foreign trade: economics, finance, law. Economic sciences, 1 (96), 22-36 [in Ukrainian].

Published

2021-04-14

How to Cite

PIATNYTSKA Г., HRYHORENKO О., & DOLZHENKO Т. (2021). Dichotomy of enterprises’ innovative transformations. oreign rade: onomics, inance, aw, 115(2), 30–43. https://doi.org/10.31617/zt.knute.2021(115)02

Issue

Section

INNOVATIVE ECONOMY