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Finance and Credit
 

Safety of innovation under competitive struggle

Vol. 23, Iss. 1, JANUARY 2017

PDF  Article PDF Version

Received: 17 November 2016

Received in revised form: 1 December 2016

Accepted: 15 December 2016

Available online: 17 January 2017

Subject Heading: BUSINESS VALUE

JEL Classification: C18, C44, D81

Pages: 49-62

https://doi.org/10.24891/fc.23.1.49

Lapsar' A.P. Advanced Research Foundation, Moscow, Russian Federation
greyser1982@yandex.ru

Lapsar' S.A. Advanced Research Foundation, Moscow, Russian Federation
greyser1982@yandex.ru

Importance The article considers the synthesis of methods to ensure the innovation safety under tough competition.
Objectives The aim of the study is to create a method to enhance the safety of innovation under fierce competition based on assessment of feasible measures of counteraction by competitors and protection of critical information on developed products.
Methods Using the tools of mathematical statistics, the theory of efficiency and expert methods, we explore possibilities to counteract the measures of competitors on innovative product discredit, and offer a method of protection, enabling to increase the safety and efficiency of long-term investment in innovation development.
Results We offer a method to provide for innovation safety and the sequence of its implementation. The method includes forecasting a possible reaction of competitors to the information on innovative developments and assessing the consequences of the counteraction; developing the methods of information security; choosing the optimal variant. The method is efficient, its use does not require high qualification or special training.
Conclusions Our original method to increase the safety of innovation is applicable under tough or unfair competition. It may be used to assess the awareness of competitors of the current status of developments, to choose a source of information communication to competing organizations.

Keywords: innovative developments, critical information, competition, virtual image

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