Innovation: the World's Greatest

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Innovation: the World's Greatest The presentation was made by Alexey Kuzmin

Innovative Activity · Activities on commercialization of technologies, transfer of technologies · Execution and maintenance of research, design, research, development and technological works Innovative activity is all scientific, technological, organizational, financial and commercial activities that actually lead to the implementation of innovations or conceived for this purpose · Organization of sales markets for innovative goods · Implementation of technological re-equipment and preparation of production; · Carrying out tests for the purpose of certification and standardization of new technological processes, goods; · Production of new or improved products and / or application of new or improved technology; · Transformation of knowledge into objects of intellectual property

Causes of high risks of innovation o Absence of a significant number of analogues (substitutes) in the market o information asymmetry o uniqueness of innovation o inaccessibility of traditional sources of financing o Imperfect legislation and legal protection

The difference between innovation and innovation Innovation is an embedded innovation