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


Strategic Decisions in the System of Management of Innovation Activity of Enterprises

Author(s): Vitaliy Omelyanenko, Bahtiyar Khasanov, Ganna Kolomiyets, Olga Melentsova, Iryna Pominova

It has been proven that the decisions of business executives to implement product, technological or managerial innovations almost always require adjustment. The reasons for this are that innovations require the use of non-standard approaches to solving problem situations in strategic innovation activity management. Due to the high risk of innovation activity, its capital intensity and intellectual demand, development and implementation of regulatory decisions in innovation activity management systems is carried out collegially (collectively). Studies have shown that the key problem in the technological process of making a collegial regulatory decision is choosing the best solution from a number of alternatives. Critical analysis of the known methods of collective streamlining of possible alternatives showed that each of these methods has certain disadvantages, but the way out is to apply a cumulative approach to generalizing the results of the analysis of existing alternatives. The proposed approach makes it possible to adequately streamline possible regulatory decisions, taking into account the preferences of each of the entities involved in the development and implementation of a regulatory decision.

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