Management of Enterprise Innovation Costs to Ensure Economic Security
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Дата
2019-09-10
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Видавець
International Journal of Recent Technology and Engineering (IJRTE)
Анотація
Innovative activity has always been a sphere of
economic activity with a difficultly predicted ratio of costs to the
resulting economic effect. The size of the costs of implementing
innovative activities is often determined by many factors and the
effective management of these costs determines the economic
success of the organization.
The volume of expendable resources is one of the most
important indicators of the effectiveness of any enterprise, and the
expenditure of money on innovative activities is also the basis of
economic security of any organization. The effectiveness of cost
management is determined by how little resources have been used
up and how much effect has been achieved. Uncontrolled
spending of resources, and senseless spending on the
modernization of the entire range of products can lead to the
collapse of even the most successful innovative enterprise.
The economic security of any organization associated with
innovation is primarily dependent on the effective management of
the costs of implementing this innovation.
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Ключові слова
management, enterprise, economic security, innovation costs