Management instrumentarium of innovation development of medium-sized industrial enterprises

Abstract

Abstract. The article is devoted to the development management of industrial enterprises related to medium-sized businesses and working in the field of product innovation. In the article there were investigated the methods and management features, the factors, constraining innovation processes in industrial companies. The theoretical background of solving innovation development and maintaining economic stability contradictions were identified. The results of the comparative assessment of small and medium-sized enterprises were unveiled. In paper there were revealed the features and benefits of the transition to the innovative products. A method of positioning matrix and the typology of enterprises in terms of economic sustainability and innovation were proposed. There was worked out a graph-analytical management tool for middle-sized industrial enterprises on the basis of a balance of innovative activity and economic sustainability. For a given industrial enterprise there was formed an effectively balanced portfolio of products at different stages of the life cycle.