Research of innovations in foreign corporations
This study is devoted to the study of the features of the innovative activities of foreign corporations in the context of the COVID-19 pandemic. Currently, investments in innovative projects have reached record levels. There has been an increase in investment in areas such as information and communication technology (ICT) software and services, ICT hardware and electrical equipment, pharmaceuticals and biotechnology. The main world countries are determined by the level of competitiveness and the top 10 foreign corporations. A detailed analysis of the structure of sources of financing of innovation activities by leading foreign corporations was carried out. Based on the studied material, the main problems that contribute to the negative dynamics in corporate innovations were identified. According to the studies received, foreign corporations have spent the last 12 months solving both practical and fundamental problems. It was concluded that innovations are the most key factors in increasing the competitiveness of foreign corporations. The author of the paper came to the conclusion that research and development of international business strategies for innovation activities made it possible to form the technological policy of foreign corporations in accordance with the market position and development objectives. Innovation activity is increasingly attracting the attention of foreign corporations.