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Liburkina L. M.

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Strategic Management of Innovation Activity of Railway Transport Enterprises
Dykan V. L., Korin M. V., Kuznetsov Y. M.

Dykan, Volodymyr L., Korin, Myroslava V., and Kuznetsov, Yevhen M. (2025) “Strategic Management of Innovation Activity of Railway Transport Enterprises.” Business Inform 4:325–333.
https://doi.org/10.32983/2222-4459-2025-4-325-333

Section: Economics of Enterprise

Article is written in English
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UDC 330.341.1:656

Abstract:
The article determines that the modern economy is characterized by the growing instability of the external environment, events are escalating in unusual and unrecognizable manner, the pace of changes is accelerating, significantly surpassing the speed of the company’s response, the frequency of unexpected events and sudden changes is increasing, leading to greater unpredictability. In such conditions, it becomes impossible to manage by reacting to problems that have already arisen on the basis of previous experience or its extrapolation: for a timely and effective appropriate response, foresight, research and creativity are necessary, which determines the need to introduce mechanisms for strategic management of the activation of innovative activity at railway transport enterprises. The content of the concept and the main provisions of building an effective mechanism for strategic management of the innovative activity of railway transport enterprises are disclosed. It has been determined that the mechanism of strategic management for activating the innovative activities of railway enterprises should include the creation of a system that ensures a constant and targeted influence directed towards achieving the established results of innovative activity. On this basis, the functions of the mechanism for strategic management of the innovative activity of railway transport enterprises and the sequence of their implementation are characterized. A mechanism for strategic management of the innovative activity of railway transport enterprises is formed, which is based on a value approach and provides for the formation of an adaptive configuration of the innovation ecosystem according to such stages of organizing innovative cooperation as initiator, accelerator, concept, pilot, project, scale. It is concluded that it is co-created value that is the driving force of innovation, which, thanks to adaptive structures, favorable interaction, and empowerment, brings mutual benefit to the participants of the innovation ecosystem.

Keywords: railway transport enterprises, strategy, strategic management, mechanism, functions.

Fig.: 2. Bibl.: 15.

Dykan Volodymyr L. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economics and Management of Industrial and Commercial Business, Ukrainian State University of Railway Transport (7 Feierbakha Square, Kharkіv, 61050, Ukraine)
Email: [email protected]
Korin Myroslava V. – Doctor of Sciences (Economics), Professor, Professor, Department of Economics and Management of Industrial and Commercial Business, Ukrainian State University of Railway Transport (7 Feierbakha Square, Kharkіv, 61050, Ukraine)
Email: [email protected]
Kuznetsov Yevhen M. – PhD, Lecturer, Department of Economics and Management of Industrial and Commercial Business, Ukrainian State University of Railway Transport (7 Feierbakha Square, Kharkіv, 61050, Ukraine)

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