Journal of Management Information and Decision Sciences (Print ISSN: 1524-7252; Online ISSN: 1532-5806)


European experience in assessing the potential of innovative consulting services

Author(s): Levishchenko, O., Dziuba, O., Lavryk, H., Zeliska, A., & Riabenko, V.

Innovative consulting services in various sectors of the EU economy are popular due to the potential of companies to attract private and public financial resources. The purpose of this article was to study the implementation of innovative consulting services to assess their potential. The research methodology is based on a statistical analysis of the system of indicators of innovative consulting services and a correlation analysis of the impact on the activities of EU firms. The results show that the most common form of innovation consulting are self-development, product improvement, process, customer search, access to new customer segments, etc. Involvement of consulting organizations in the development of innovative products is carried out by 40% of companies, and the introduction of information and communication technologies and business process updates is the most popular type of consulting in the EU.

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