INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES

The article gives an overview on existing the incentives and barriers of innovation activity that the company forces with when it enters foreign markets. The main incentives are: communication with suppliers, foreign partners, and customers; economies of scale; financing; the nature of the demand an...

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Autor principal:	S. I. Faiazova
Formato:	article
Lenguaje:	RU
Publicado:	Real Economics Publishing House 2020
Materias:	innovations export indicators global innovation index developing countries data analyses Risk in industry. Risk management HD61
Acceso en línea:	https://doaj.org/article/ec80284508064793bb9a07f6703b3316
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spelling	oai:doaj.org-article:ec80284508064793bb9a07f6703b33162021-11-19T10:42:01ZINNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES2618-947X2618-998410.17747/2618-947X-2020-1-56-69https://doaj.org/article/ec80284508064793bb9a07f6703b33162020-07-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/884https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984The article gives an overview on existing the incentives and barriers of innovation activity that the company forces with when it enters foreign markets. The main incentives are: communication with suppliers, foreign partners, and customers; economies of scale; financing; the nature of the demand and the external economic conditions. Barriers are: competition; risks and costs associated with entering foreign markets; lack of financing and information, qualified personnel, government support; long payback period; technological lag and instability of the economic environment. Сountry analysis showed that the government is more profitable when it develops its own innovations rather than imports them. In countries with developed innovative strategy (Great Britain, Germany, USA, France, Japan, and Republic of Korea), the share of innovative industries in gross output and in export volume is significantly higher than in countries with a development model. These countries have created an innovative culture in which all participants interact in the process of increasing the country's competitive advantage.According to an econometric analysis conducted in the study, it was concluded that the Russian export indicator depends on the internal scientific developments, the costs for implementing high-tech innovations and the number of registered patents, and in 2020 these indicators will develop with the same trend.S. I. FaiazovaReal Economics Publishing House articleinnovationsexport indicatorsglobal innovation indexdeveloping countriesdata analysesRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 11, Iss 1, Pp 56-69 (2020)
institution	DOAJ
collection	DOAJ
language	RU
topic	innovations export indicators global innovation index developing countries data analyses Risk in industry. Risk management HD61
spellingShingle	innovations export indicators global innovation index developing countries data analyses Risk in industry. Risk management HD61 S. I. Faiazova INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES
description	The article gives an overview on existing the incentives and barriers of innovation activity that the company forces with when it enters foreign markets. The main incentives are: communication with suppliers, foreign partners, and customers; economies of scale; financing; the nature of the demand and the external economic conditions. Barriers are: competition; risks and costs associated with entering foreign markets; lack of financing and information, qualified personnel, government support; long payback period; technological lag and instability of the economic environment. Сountry analysis showed that the government is more profitable when it develops its own innovations rather than imports them. In countries with developed innovative strategy (Great Britain, Germany, USA, France, Japan, and Republic of Korea), the share of innovative industries in gross output and in export volume is significantly higher than in countries with a development model. These countries have created an innovative culture in which all participants interact in the process of increasing the country's competitive advantage.According to an econometric analysis conducted in the study, it was concluded that the Russian export indicator depends on the internal scientific developments, the costs for implementing high-tech innovations and the number of registered patents, and in 2020 these indicators will develop with the same trend.
format	article
author	S. I. Faiazova
author_facet	S. I. Faiazova
author_sort	S. I. Faiazova
title	INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES
title_short	INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES
title_full	INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES
title_fullStr	INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES
title_full_unstemmed	INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES
title_sort	innovation influence on export activities: еmpirical analysis of russian companies
publisher	Real Economics Publishing House
publishDate	2020
url	https://doaj.org/article/ec80284508064793bb9a07f6703b3316
work_keys_str_mv	AT sifaiazova innovationinfluenceonexportactivitiesempiricalanalysisofrussiancompanies
_version_	1718420227577872384

INNOVATION INFLUENCE ON EXPORT ACTIVITIES: ЕMPIRICAL ANALYSIS OF RUSSIAN COMPANIES

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