Economic Analysis: Theory and Practice

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The concept of innovative capacity management system

Vol. 18, Iss. 12, DECEMBER 2019

Received: 25 June 2019

Received in revised form: 16 September 2019

Accepted: 28 November 2019

Available online: 25 December 2019

Subject Heading: SCHOLAR DISPUTE

JEL Classification: O30

Pages: 2371–2388

Kuz'min S.A. Plekhanov Russian University of Economics (PRUE), Moscow, Russian Federation

ORCID id: not available

Subject The article addresses the concept of innovative capacity management system.
Objectives The purpose of the study is to define the essence of the Innovative Capacity Management System category by refining the definitions of Innovative Capacity, Management System, and Innovative Capacity Management.
Methods The results of scientific research contained in the publications of Russian and foreign scientists served as theoretical and methodological basis of the study. I employed systems and integrated approaches, methods of logical, structural, comparative, and categorical data analysis.
Results I offer a classification of definitions of the innovative capacity concept based on two aspects. The paper presents two approaches: a resource-based approach, implying that the management of innovative capacity is primarily about efficient use of resources, and a condition-forming approach, which focuses on the management of innovative capacity as a way to establish conditions for creating, developing and promoting innovation, as well as for conducting a targeted innovation policy at the enterprise.
Conclusions The proposed approaches can be used for formulating own definitions depending on the purpose of the study, and for developing a theoretical basis in determining the factors affecting the management system of innovative capacity.

Keywords: innovation potential, management system, innovation management


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