Modeling of Innovation Processes in the Management of SME's Enterprises Activities

Abstract:

Innovations in modern economy are perfect example of developmental initiatives for small and medium-sized enterprises. The diversity of innovation concepts is a reflection of market demand, which is subjected to continuous process of adaptation to environment. Therefore, it is not possible to determine the specific barriers defining the framework of operation for innovative enterprises, particularly in relation to world development trends and globalization of markets. Innovative solutions are characterized by a wide diversity, which are a constant challenge for scientists studying and interpreting the occurring internal processes. Research of structures in these processes allowed creating many model solutions, which along with the economic transformations have evolved and are reflected in the present. Innovativeness of small and medium-sized enterprises is a matter relevant to the economic development. The European institutions that perform studies on innovativeness have shown that in many European countries level of innovativeness of SMEs is significantly below average. This problem also applies to the Polish enterprises and cover the whole economy since the SME sector is the overwhelming majority all economic entities on the market.

• Periodical: Advanced Materials Research (Volume 1020)
• Pages: 789-795
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.1020.789
• Online since: October 2014
• Authors: Joanna Nowakowska-Grunt*
• Keywords: Innovativeness, Management, Modeling

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