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Finance and Credit
 

Essence of innovations, innovative process in retrospective and modern conditions

Vol. 18, Iss. 41, NOVEMBER 2012

Available online: 12 November 2012

Subject Heading: INNOVATION PROCESS

JEL Classification: 

Manuilenko V.V. Doctor of Economics, Associate Professor of department «Economy and Finance», the North-Caucasus Humanitarian and Technical Institute
vika-mv@mail.ru

Mishchenko A.A. General Director of JSC “Anda Technology”, Moscow
andrewmish@mail.ru

In the article the concepts «innovation», «innovative process» in retrospective and modern aspect are investigated. The approaches to the concept «innovation» as a result are systematized, the alternative scheme of innovative process is offered. It is proved that in modern conditions the innovation should be considered as the process system reflecting all aspects of innovative process which main goal is achievement of efficiency.

Keywords: innovation, innovative service, innovative product, product innovative line, innovative process, stages of innovative process, process system

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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