INNOVATIVE APPROACHES OF BUSINESS MANAGEMENT

Innovative development in many world countries is only the way directed to use results of various scientific researches for updating, expansion and quality improvement the range of products (services), technologies of their production with further commercial realization as a basis of effective sale in domestic or foreign markets. Authors have justified the state has to realize the following measures to increase the enterprise innovative activity: (1) financing of the innovatively oriented enterprises; (2) information support of the enterprises; (3) increase in the level of the innovative infrastructure; (4) improving the legal base of innovative activity' realization and increase in GDP's share for the scientific and technical activity.