THE GOVERNANCE OF INNOVATION IN INDUSTRIAL ENTERPRISES

Innovations become the basis for the competitiveness of enterprises, lead to greater efficiency, better quality of products and services. The process of innovative activity requires enterprises to develop and implement a mechanism for managing innovation activities which is adequate to the requirements of a market economy. Moreover, for the process of implementation of innovative technologies in the enterprise, it is necessary to have a clearly formulated strategy for the development of innovation activity at the level of a country, region, industry and enterprise. Taking into account all the above, it can be noted that a competent policy in the field of innovation is not only a problem of a country, but also a problem of every enterprise, the basis of competitive advantages of which should be the implementation of innovative technologies and application of the results of scientific and technological progress. Scientific and technological progress also means the development of information and communication technologies in the economic sectors. The aim of this study is to consider innovation management systems, analyze and describe the types of innovations and creating recommendations for improving the competitiveness of enterprises in tough innovative competition.