Methodological Directions and Implementation Measures for the Formation of an Organizational and Economic Management Mechanism for the Innovative Development of Corporate Integration Associations
Journal: Herald of the Economic Sciences of Ukraine (Vol.45, No. 2)Publication Date: 2023-12-21
Authors : Ou W.;
Page : 177-186
Keywords : innovative development; integration corporate associations; methodological support; organizational and economic management mechanism of innovative development of corporate integration associations; competition;
Abstract
As a result of the research, it was determined that the organizational and economic mechanism of managing the innovative development of corporate integration associations is a complex system of interacting elements that combines organizational, economic, managerial and strategic aspects of management, aimed at the implementation of innovative strategies and achievements competitive advantages. Thus, a proper definition of the organizational and economic mechanism for managing the innovative development of corporate integration associations was proposed as a set of methods, tools, processes and relationships aimed at the creation and implementation of strategic innovation initiatives within the corporate association in order to ensure sustainable competitiveness and successful functioning on the market. The formation of an organizational and economic mechanism for managing the innovative development of corporate integration associations can be based on various approaches and methodological directions, in particular, it is a systemic approach, a strategic approach, an economic approach, a technological approach, an organizational approach, and a human resource approach. It is substantiated that the combination of different approaches allows to provide a comprehensive approach to the management of innovative development and the achievement of the strategic goals of associations. It was determined that the goal of forming an organizational and economic mechanism for managing the innovative development of corporate integration associations can be formulated as defining a clear direction of the innovative activity of the enterprise in order to achieve competitive advantages and ensure sustainable development in the market. The global tasks of forming an organizational and economic mechanism for managing the innovative development of corporate integration associations are presented, which include: creating a sustainable innovative culture, increasing competitiveness, ensuring sustainable development, creating a favorable innovative environment, searching for new opportunities, developing and implementing the latest technologies, promoting the development of human capital, expanding global influence, stimulating innovative entrepreneurship and building partnerships.
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