MECHANISM OF INNOVATION IMPLEMENTATION: APPROACHES AND RISKS
The goal of this article is to study on mechanisms of innovation implementation – especially the description of this mechanism; to review of existing approaches to implementation of innovation; to explore main factors of success of this process and to determine risks that can accompany innovation implementation. There are four main factors that determine success of innovation implementation process: management support, availability of financial resources, implementation climate, policy and practice of implementation. However, this model describe process of implementation as a whole, so in article was considered another approach of determining of implementation process, which provides next six steps: choosing of innovations’ type, considering and evaluating of risks, adequate and full providing with resources, choosing the «innovation leader», reconciliation of innovative process and daily operations of the enterprise, searching for partners. This mechanism demonstrates elements of implementation process wider, but it is not enough practical tool. So there was formulated mechanism, that describe this process from position of internal using by organization in its’ business processes, and from position of implementation innovation into the market. In addition, article describes types of risks that can attack implementation of innovation while different stages of this process. In conclusion, it is important for enterprise to study and plan all stages of implementation mechanism and to avoid all risks that can jeopardize the success of innovation implementation.