the final stage of innovation process

the initial stage of innovation process

all stages of the innovation process

Investment activities

Social activities

Communicative activities

Innovation activities

the result of practical development of the innovation involved in the dynamics, the effectiveness of which is assessed not only by economic but also by social effect

the result of R&D, which reflects a fundamentally new mechanism that can lead to the emergence of new innovations and innovation processes and significantly affect the development of scientific and technological progress

a new technical solution to a specific problem that has a positive effect, improves product quality or changes working conditions;

the final method, principle, new order, invention, new product, process, qualitatively different from the previous analogue, which is the result of intellectual activity, completed research and development

Innovation

Investment

New product

forming of idea 

commercialization

implementation

aggresive

competitive

adaptive

the value of material and information resources of the enterprise

both factors

the professionalism of the staff

New equipment, technology that is the result of scientific and technological progress

the process of investment management

a newly established company that builds its business on the basis of innovation or innovative technologies