Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


Methodology Development for Assessing Innovation Level Spread in the State Economic Area

Author(s): Alexey I. Shinkevich, Alla A. Yarlychenko, Elmira Sh. Shaimieva, Elena Yu. Ivinskaya

The article proposes a methodological approach to the formation of indicators system for assessment of diffusion and penetration innovations level in the national economy. The aim of the study is to provide comparative analysis of theoretical and methodological innovation activity effectiveness on their basis. According to the study purpose the following tasks are formulated and solved: a comparative analysis of macro and microeconomic approaches of innovation interpretation and its processes including influence on direction and pace of economic development; knowledge and information characteristics as assets, and their role in innovation production and dissemination; essence definition of innovations diffusion process and methodical approach to assessment of diffusion level of innovation in the national economy. General scientific research methods along with multidimensional statistical analysis method are applied to solve the tasks. The study confirmed the multi-aspect nature of innovation processes, leading to alternative interpretations of implementation mechanisms. The proposed methodology for assessment of innovation diffusion level is based on a macroeconomic approach to their interpretation and on the provisions of the theory of innovation diffusion by Hagerstrand. The proposed method may be applied in the development of programs for socio-economic development of territories by public administration bodies and in forecasts construction indicators of their dynamics.

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