Factors That Determine the Innovative Activity of Enterprises

Abstract

The article highlights the significant changes in industrial capacities in terms of quality and quantitative indicators, the implementation of institutional changes in the economic system, the use of existing forms and methods of economic development, emerging and developing in a competitive market. There is also a need for a definitely scientific analysis of the problem of the interconnectedness of competitive economies, which requires the joint study of objective and subjective factors that determine the competitive advantages of national economies and the competitiveness of industrial enterprises in the context of market transformations. The most important function of modern management is market development, rapid adaptation to the market conditions, and strict adherence to management principles in a market economy.