IDEAS home Printed from https://ideas.repec.org/a/alq/rufejo/rfej_2024_11_112-129.html
   My bibliography  Save this article

Innovation Strategies and International Technology Trade

Author

Listed:
  • Maxim Alexandrovich KUZNETSOV

    (LLC “Ekspertstroyproekt”, Moscow, Russia)

Abstract

Intense crisis structural shift s in international political and economic interaction highlight the importance of choosing and justifying national strategies for sovereign development and balanced behaviour of states, including for building technological sovereignty. This appears as part of global national security systems and is perceived as a properly built scientific, educational and technological capacity, as a set of strategies for managing technological processes and models of operational and tactical creation of infrastructure conditions for developing and implementing achievements in science, technology and innovation. The purpose of the article is to determine strategic directions to promote business innovation in international technology trade. The article examines the innovativeness of companies in terms of building and implementing innovation strategies, proactive innovation behaviour of state institutions, science, business, management and specialists, the development of innovative marketing and management, increasing the creative activity of personnel, knowledge-intensive production, professional innovative competencies of personnel. The choice of strategies is conditioned by overdue, too long and indecisively solved issues of business inclusion in the system of development and implementation of innovation. The limitations are related to a set of legal, investment, financial, educational, scientific and motivation problems. For each problem, it is important for the company to define goals, objectives and form options for strategies to increase innovation, starting with an assessment of innovation potential, activation and motivation of personnel. Legal, institutional and scientific regulation solves problems at the state level with the involvement and elaboration of strategies at the level of industries, enterprises, business structures, at the level of research institutes, universities, investment companies, public organizations. Therefore, strategies for enhancing the forward movement and increasing the innovativeness of enterprises should include Strategies for streamlining procurement for scientific and technological developments, Strategies for creating markets for products based on open and end-to-end technologies, Strategies for motivation, stimulating the integration of science and production, Strategies for creating and spatial placement, filling geoterritorial and regional infrastructure, interaction of financial and innovative institutions development, Strategy of personnel (engineering, research, design) support and strengthening of relations between research institutes and universities through long-term motivation and stimulation of scientists’ work. The development and implementation of innovation strategies in the business processes could activate business, increase innovation in the economy and technological sovereignty.

Suggested Citation

  • Maxim Alexandrovich KUZNETSOV, 2024. "Innovation Strategies and International Technology Trade," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 11, pages 112-129, November.
  • Handle: RePEc:alq:rufejo:rfej_2024_11_112-129
    DOI: 10.24412/2072-8042-2024-11-112-129
    as

    Download full text from publisher

    File URL: http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2024_11_112-129.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.24412/2072-8042-2024-11-112-129?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    technology; strategy; innovation; innovative activity; factors; resources; triggers;
    All these keywords.

    JEL classification:

    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alq:rufejo:rfej_2024_11_112-129. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Irina Katolik (email available below). General contact details of provider: https://edirc.repec.org/data/vavtmru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.