This research paper explores the dynamic field of managerial innovation and its intersection with the art of open innovation management. It delves into the strategies, practices, and challenges involved in leading organizational innovation efforts and harnessing the power of open innovation. The study highlights the significance of effective managerial approaches in fostering a culture of innovation and leveraging external collaborations to drive sustainable competitive advantage. Through an in-depth analysis of case studies and empirical research, this paper provides valuable insights into the crucial role of managers in orchestrating open innovation initiatives and propelling organizational growth and success.
The article reviews the position of innovation in the national economy, the development prospects of innovation activity and the issues of formation and development of innovation infrastructure in enhancement of competitiveness of national economy. It substantiates the importance of the acquisition of foreign technology in the innovation policy of the countries with transition economy. Analyzed the leading direction of creating a national innovation system and there are given suggestions for development and effective management of innovation infrastructure.
The concept of "innovation" is theoretically and comparatively analyzed on the basis of sources such as philosophical, pedagogical, psychological, explanatory dictionary of the Uzbek language, dissertation works, funds spent on the economy to ensure the exchange of technical and technological generations; Innovations in the fields of engineering, technology, management and labor organization based on scientific and technical achievements and best practices, new, innovation, innovation, innovation, innovation process, innovation activity, innovator, innovation opportunity, innovation educational environment, innovation approach , new knowledge and contradictions, conflicts that arise, ways to solve them and synergistic effects faced by a group of innovators, technological consideration of absolute changes in new technologies, based on scientific and technical achievements and advanced experiences news in such areas as technique, technology, management, labor organization, sources of their use in various fields and circles are covered.
Innovation is a cornerstone of competitive advantage in today's dynamic business environment, and firms often collaborate with external partners to enhance their innovation capabilities. This study examines the influence of technology partnership portfolios on firm innovation performance. Drawing on data from a diverse sample of firms across industries, we analyze the composition and dynamics of technology partnership portfolios and their impact on various dimensions of innovation performance, including product innovation, process innovation, and overall firm competitiveness. Our findings shed light on the strategic importance of managing technology partnerships effectively to maximize innovation outcomes and sustain long-term competitive advantage.
Inter-organizational innovation networks play a crucial role in fostering collaborative innovation and knowledge exchange among organizations. However, managing such networks poses unique challenges due to their complex and dynamic nature. This study proposes a multi-level network management method aimed at enhancing the effectiveness of inter-organizational innovation networks. The method integrates both structural and relational aspects of network management and recognizes the importance of different levels of analysis, including the individual, organizational, and network levels. By adopting a holistic approach, the proposed method enables managers to navigate the intricacies of inter-organizational networks, promote collaboration, and facilitate innovation. The effectiveness of the method is demonstrated through a case study of an inter-organizational innovation network in the technology sector. The findings highlight the significance of multi-level network management in achieving successful collaboration and innovation outcomes within inter-organizational contexts.
The article presents the views of foreign and domestic scientists on the concepts of innovation and its essence. A detailed theoretical analysis of the forms of organization of innovative processes and the main stages of innovative processes is given. As a result of the analysis, the term “innovation” was defined by the author. The strategic directions of the effective organization of innovative processes in the Republic of Uzbekistan are presented.
The economic crisis that a number of countries faced after the global pandemic forced enterprises to provide innovation and investment activity in the national economy by limiting the flow of cash flows in the production of goods and services. The way out of any country from the economic recession and economic development, as well as the construction of a modern innovative economy depends, first of all, on effective investments. In the context of the current global pandemic, which is still continuing in the world community, improving the financial mechanism for ensuring investment and innovation activity of enterprises is one of the most pressing problems. The article is devoted to econometric modeling of improving the financial mechanism for ensuring investment and innovation activities of enterprises.