Proceedings of the Third International Economic Symposium (IES 2018)

How different types of innovation influence the competitiveness of engineering business

Authors
Nikolay Molchanov, Oksana Muraveva, Dmitry Evstafiev
Corresponding Author
Nikolay Molchanov
Available Online November 2019.
DOI
10.2991/ies-18.2019.11How to use a DOI?
Keywords
innovations, innovation-oriented companies, engineering business, competiveness
Abstract

This article addresses the ways to increase the competitiveness of the engineering business through the use of different types of innovation. The link between the competitiveness and innovations seems to be frequently mentioned among engineering companies. It is not surprising, since the engineering activity is one of the fast growing areas in the economies of developed countries. On the other hand, the specific nature of innovations in engineering is still not sufficiently covered in scientific publications. One relatively unexplored question is to what degree various types of innovation determine the competitiveness of engineering projects. The aim of this study was to identify to what degree the use of different types of innovation influences the level of competitiveness in the engineering business. In this article, the authors improve the definitions of engineering as a kind of intellectual activity; reveal the role and types of innovations observed in this field. The authors also show the role of a customer in the selection of innovations for engineering services. The authors conducted a field research and collected the answers from the representatives of engineering companies in Russia.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Third International Economic Symposium (IES 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
November 2019
ISBN
978-94-6252-847-5
ISSN
2352-5428
DOI
10.2991/ies-18.2019.11How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Nikolay Molchanov
AU  - Oksana Muraveva
AU  - Dmitry Evstafiev
PY  - 2019/11
DA  - 2019/11
TI  - How different types of innovation influence the competitiveness of engineering business
BT  - Proceedings of the Third International Economic Symposium (IES 2018)
PB  - Atlantis Press
SP  - 414
EP  - 423
SN  - 2352-5428
UR  - https://doi.org/10.2991/ies-18.2019.11
DO  - 10.2991/ies-18.2019.11
ID  - Molchanov2019/11
ER  -