BUSINESS INFORM №10-2016

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Section: Innovative Processes
UDC 339.94:316.422
Panevnyk T. M., Bolgarova N. K.
Transnational Corporations in the Aspect of Developing Innovation Processes (p. 94 - 99)
The article considers the role of transnational corporations (TNCs) as a driving force for the global innovation process, their impact on the organization and conduct of research and experimental development (R&D). Innovative processes are considered as a factor of efficient operation, which ensures intense development of high-technology economic activities and innovative orientation of the traditional sectors of economy. The major factors forming the innovative strategies of TNCs have been determined. Innovation activities of the largest TNCS has been analyzed and its global nature has been substantiated. The spatial distribution of the largest TNCS investing in research and experimental development has been examined, the volumes of investments coming from the TNCs, aimed at research and development, have been analyzed. An analysis of the dynamics of innovation activity has been carried out. It is specified that intensifying of innovation processes will contribute not only to achieving and enhancing the competitiveness of domestic enterprises, but also to strengthening positive trend in all spheres of the national economy.
Keywords: integration, transnational corporations (TNCs), innovation, innovation activity, research and experimental development (R&D)
Fig.: 2. Tabl.: 1. Bibl.: 11.

Panevnyk Tetiana M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Applied Economics, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)
Email: [email protected]
Bolgarova Natalia K. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economic Theory, National University of Life and Environmental Sciences of Ukraine (15 Heroiv Oborony Str., Kyiv, 03041, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Panevnyk, Tetiana M., and Bolgarova, Natalia K. (2016) “Transnational Corporations in the Aspect of Developing Innovation Processes.” Business Inform 10:94–99.

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