Innovative Activities of Russian Enterprises as a Basis of Increase of Competitiveness of Products
Purpose of work. Innovative activity of enterprises is a fundamental condition of its operation on the market in conditions of tough competition, which aims to improve the competitiveness of its products and services, and therefore, sustainable economic development of the enterprise itself. Materials and methods. Competitiveness is a multidimensional concept and a complex economic category, which is influenced by various factors, both internal (organizational, technical, economic, socio-psychological) and external (political, economic, technological, market, competitive, international and social). Results. The article analyzes issues that do not allow businesses to fully enter into their innovation activities. Conclusion. In order to improve the development of innovation activities of enterprises and transition to a qualitatively new level of development of the Russian economy it is necessary to increase the innovative activity of the enterprises, as well as to implement targeted change of the Russian legislation.