Research Article Open Access

USE OF ENVIRONMENTAL APPROACH TO INNOVATION-ORIENTED DEVELOPMENT OF INDUSTRIAL ENTERPRISES

Sergej Petrovich Baranenko1, Mihail Nikolaevich Dudin1, Nikolaj Vasil’evich Ljasnikov1 and Konstantin Dmitrievich Busygin1
  • 1 Russian Academy of Entrepreneurship, UL, Radio d.14, 105005, Moscow, Russia

Abstract

To investigate, identify and specify environmental factors influencing sustainable and competitive development of industrial enterprises which are the driver of growth of national economies. External and internal environmental factors are considered in the context of innovation potentialities of companies-and innovations are the key factors which provide sustainable development of business structures. World practice of sustainable development in regard to industrial enterprises and modern theoretical and empirical concepts are investigated which tie-up sustainable development of industrial enterprises to their innovation activity. The result of this study is limited practice-oriented concept of complex character which allows to conclude that the level of innovation activity of an industrial enterprise directly depends on the level of its functioning and development. Practical use of the concept of interrelation of the level of development of industrial enterprises with due regard to above-mentioned restrictions is perspective in terms of formation of new tools considered as optimal limited alternative to current managerial approaches which mainly are response to external environmental changes, while modern business conditions demand pro-activity.

American Journal of Applied Sciences
Volume 11 No. 2, 2014, 189-194

DOI: https://doi.org/10.3844/ajassp.2014.189.194

Submitted On: 23 November 2013 Published On: 19 December 2013

How to Cite: Baranenko, S. P., Dudin, M. N., Ljasnikov, N. V. & Busygin, K. D. (2014). USE OF ENVIRONMENTAL APPROACH TO INNOVATION-ORIENTED DEVELOPMENT OF INDUSTRIAL ENTERPRISES. American Journal of Applied Sciences, 11(2), 189-194. https://doi.org/10.3844/ajassp.2014.189.194

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Keywords

  • External Environment
  • Internal Environment
  • Industrial Enterprises
  • Innovations
  • Potential
  • Development
  • Foresight Designing
  • Road Mapping