Study of production company activity in the market conditions

Abstract

Study of production company activity in the market conditions

Shabelnikov A.N.,Shepilova E.G.

Incoming article date: 28.09.2016

the article deals with the attempt to reveal the trends in influencing of technology innovations on the economic growth of companies. The successful activity of a company in the market conditions depends on the development level of its innovation activity. The activity of a production company is studied and the subprocesses of its degradation and positive development are distinguished. The authors introduce the definitions and illustrate the spirals of degradations and system development. It is proposed to ensure the activity of the production company due to improving of organizational management and human recourse development. The key role in breaking of the vicious circle of the company development is played by the knowledge component.

Keywords: economic growth, innovations, spirals of degradation and development, human resource management