Influence of Constraints to Innovation Process at Enterprise

Abstract:

The main objective of the paper is to present an analysis of the concept of the innovation process and to propose methods to optimize the innovation processes within a company. To do this, the following tasks are performed: a) the concept of the innovation process is discussed, and the main stages of its implementation highlighted; b) the factors which hinder the successful innovation in Russia are investigated; and c) the concept of constraints on innovation processes is formulated. The main constraints impeding the implementation of innovation activities are identified: resources, results and market constraints. The influence of each type of constraints on the various stages of the innovation process are identified. As a result of the study an in-depth approach to the planning of the innovation process of enterprise has been developed.

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