Home  Journals  National Interests: Priorities and Security  3(432) - 2024 March

Improving the institutional environment of enterprises' innovative activity based on proactivity

Vol. 20, Iss. 3, MARCH 2024

Article PDF Version

Received: 5 February 2024

Received in revised form: 18 February 2024

Accepted: 26 February 2024

Available online: 15 March 2024

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: D02, O30, O38

Pages: 516–540

https://doi.org/10.24891/ni.20.3.516

Subject. The article addresses availability of resources, institutional environment, scientific and technical potential of enterprises in various industries.
Objectives. The purpose is to classify enterprises by type of innovation strategy.
Methods. We employ methods of horizontal and vertical comparative analysis of data series.
Results. The study established that proactive enterprises showed a significant increase in revenue and profit for 2011–2022. For all types of enterprises, R&D and development is unprofitable. For proactive businesses, the risk of business liquidation is 36% lower than for other businesses.
Conclusions. Multilateral institutional arrangements in the form of sectoral transactions are an effective tool for disseminating proactive behavior among enterprises.

Keywords: institutional conditions, sectoral agreement, proactive behavior, innovation activity

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