How different types of innovation influence the competitiveness of engineering business

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

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.
Translated title of the contributionВлияние различных типов инноваций на конкурентоспособность инжинирингового бизнеса
Original languageEnglish
Title of host publicationProceedings of the Third International Economic Symposium (IES 2018)
EditorsViktor Titov
PublisherAtlantis Press
Pages92-101
ISBN (Electronic)9789462528475
StatePublished - Nov 2019
EventThird International Economic Symposium - 2018 (IES 2018) - The Faculty of Economics, St Petersburg University, St-Petersburg, Russian Federation
Duration: 19 Apr 201821 Apr 2018
https://www.atlantis-press.com/proceedings/ies-18
https://download.atlantis-press.com/proceedings/ies-18

Publication series

NameAdvances in Economics, Business and Management Research
PublisherAtlantis Press
Volume104
ISSN (Electronic)2352-5428

Conference

ConferenceThird International Economic Symposium - 2018 (IES 2018)
Abbreviated titleIES 2018
Country/TerritoryRussian Federation
CitySt-Petersburg
Period19/04/1821/04/18
Internet address

Scopus subject areas

  • Economics, Econometrics and Finance(all)

Keywords

  • Innovations
  • innovation-oriented companies
  • engineering business
  • competiveness

Fingerprint

Dive into the research topics of 'How different types of innovation influence the competitiveness of engineering business'. Together they form a unique fingerprint.

Cite this