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Trends in the Innovative Development of International and Domestic Business Systems in the Global Business Environment
Parkhomenko N. O.

Parkhomenko, Nataliia O. (2021) “Trends in the Innovative Development of International and Domestic Business Systems in the Global Business Environment.” Business Inform 5:64–73.
https://doi.org/10.32983/2222-4459-2021-5-64-73

Section: Innovative Processes

UDC 338.24

Abstract:
The research is aimed at defining trends in the innovative development of international and domestic business systems and forming on their basis the principles of development management. When analyzing trends in the innovative development of international and domestic business systems, the main indicators of innovativeness are considered through integral indices characterizing the innovative development of countries; the geographical and sectoral structures of innovators and leading innovative companies of the world and Ukraine are determined; a comparison of the ratings of innovative world companies as presented by Boston Consulting, Clarivate Analytics, Fast Company, Delo.ua and Vlada Hroshey is carried out. As a result of the study, it is determined that the positive dynamics of business systems development can be observed in the activities of companies that constantly carry out scientific research, conduct developments, introduce various innovations, receive patents, etc. It is substantiated that the innovative development of international and domestic innovative business systems ensures the competitive advantages of companies in both the international and the domestic markets, facilitates the development of the economy of both the country and its regions, promotes the social development of business systems. Researching the trends in the innovative development of business systems in the global environment allowed to form the principles of managing their development. Prospects for further research in this direction are the development of methodological provision for the evaluation of innovative development of business systems and the formation of a mechanism for managing their development in the global business environment.

Keywords: innovative development, business system, global business environment.

Fig.: 2. Tabl.: 5. Bibl.: 28.

Parkhomenko Nataliia O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

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