MODERN BUSINESS MODELS OF INNOVATIVE DEVELOPMENT OF ENTERPRISES
DOI:
https://doi.org/10.37332/Keywords:
innovations, innovative development, business models, innovative activity, competition, digitalization, management, efficiency, profitability of the enterpriseAbstract
Uniiat L.M., Chorna N.P., Chornyi R.S. MODERN BUSINESS MODELS OF INNOVATIVE DEVELOPMENT OF ENTERPRISES
Purpose. The aim of the article is to summarize research on modern business models of innovative development of enterprises in the context of increasing globalization, digitalization and transformation of social and economic processes.
Methodology of research. General scientific and special methods were used in the research process, in particular: induction and deduction - at the stage of collecting, systematizing and processing the necessary information; analysis and synthesis - when combining various components of modern business models of innovative development of enterprises; dialectical - when learning the nature, content and essence of the business model of innovative development of enterprises; monographic - when studying the scientific experience of the components of modern business models of innovative development of enterprises; abstract and logical - when forming theoretical conclusions, presenting business models of innovative development of enterprises in tabular form.
Findings. A generalization of theoretical aspects of modern business models, their classification and further development and impact on the final results in a competitive environment was carried out. It was found that in a competitive environment, it is necessary to clearly organize production in accordance with the requirements of business models of innovative development of enterprises, to carry out coordinated management of them in the direction of innovative improvement of structural restructuring by introducing technological changes in management updating, preparing enterprises for activities in conditions of fierce international competition.
Originality. The issue of modern business models aimed at increasing the efficiency and competitiveness of enterprises in conditions of increasing globalization, digitalization and transformation of social and economic processes has received further development.
Practical value. The use of the research results will contribute to increasing the economic efficiency of economic activities of enterprises.
Key words: innovations, innovative development, business models, innovative activity, competition, digitalization, management, efficiency, profitability of the enterprise.
References
1. Vatchenko, O.B., Vatchenko, B.S. and Cherevko, O.L. (2017), Innovatsiinyi rozvytok pidpryiemstva [Innovative development of the enterprise], tutorial, Aktsent PP, Dnipro, Ukraine, 404 p.
2. Kasych, A. and Rafalska, I. (2019), “Business models of modern enterprises: concepts, types, foreign experience”, Prychornomorski ekonomichni studii, no. 37, pp. .86-92, available at: http://bses.in.ua/journals/2019/37_2019/18.pdf (access data September 29, 2025).
3. Kryvoviaziuk, I.V. and Roshkevych, V.F. (2013), “Business modeling as the basis for the functioning and future development of the enterprise”, Ekonomika ta derzhava, no. 11, pp. 23-28.
4. Mainka, M.K. (2020), “Business models of innovative development of the enterprise: essence and components”, Naukovi zapysky Lvivskoho universytetu biznesu ta prava, no. 26, pp. 48-53, available at: https://nzlubp.org.ua/index.php/journal/article/view/304 (access data September 20, 2025).
5. Verkhovna Rada of Ukraine (2002), Law of Ukraine “On Innovation Activity” dated 04.07.2002 no. 40-IV, available at: https://ips.ligazakon.net/document/T020040?an=531 (access data September 15, 2025).
6. Uniiat, L.M. (2019), Orhanizatsiino-ekonomichni zasady innovatsiinoho rozvytku pidpryiemstv ahropromyslovoho biznesu v konkurentnomu seredovyshchi [Organizational and economic principles of innovative development of agro-industrial business enterprises in a competitive environment], monograph, TNEU, Ternopil, Ukraine, 586 p.
7. Cherkasov, D.M. (2025), “Strategies and business models of innovative development of manufacturing enterprises”, Ekonomichnyi zhurnal Odeskoho politekhnichnoho universytetu, no. 2(32), pp. 113-121.
8. Shkarlet, S.M. and Ilchuk, V.P. (2015), Innovatsiinyi rozvytok pidpryiemstva [Innovative development of an enterprise], tutorial, Chernihivskyi natsionalnyi universytet tekhnolohii, Chernihiv, Ukraine, 308 p.
9. Shumpeter, J.A. (2011), Teoriia ekonomichnoho rozvytku: Doslidzhennia prybutkiv, kapitalu, kredytu, vidsotka ta ekonomichnoho tsyklu [Theory of Economic Development: The Study of Profits, Capital, Credit, Interest, and the Business Cycle], Translated by V. Stark, Vydavnychyi dim “Kyievo-Mohyl. Akad.”, Kyiv, Ukraine, 242 p.
10. Amit, R. and Zott, C. (2012), “Business model innovation: Creating value in times of change”, IESE Business School Working Paper, no. 870, pp. 1-23.
11. Chesbrough, H. (2006), Open business models: How to thrive in the new innovation landscape, Harvard Business School Press, Boston, USA, 256 p.
12. Chesbrough, H. (2006), Open innovation: The new imperative for creating and profiting from technology, Harvard Business Press, Boston, USA, 168 p.
13. Organisation for Economic Co-operation and Development (2010), Eco-innovation in industry: Enabling green growth, OECD Publishing, Paris, France, 220 p.
14. Hamel, G. (2000), Leading the revolution, Harvard Business School Press. Boston, USA, 336 p.
15. Keeley, L., Pikkel, R., Quinn, B. And Walters, H. (2013), Ten types of innovation: The discipline of building breakthroughs. Hoboken, NJ: John Wiley and Sons. 276p.
16. Kim, C.W. and Mauborgne, R. (2005), Blue ocean strategy: How to create uncontested market space and make the competition irrelevant, Harvard Business School Press, Boston, USA, 240 p.
17. Osterwalder, A. and Pigneur, Y. (2010), Business model generation: A handbook for visionaries, game changers, and challengers, John Wiley & Sons, Hoboken, NJ, USA, 288 p.
18. Porter, M.E. (1980), Competitive strategy: Techniques for analyzing industries and competitors, Free Press, New York, USA, 396 p.
19. Teece, D.J. (2010), “Business models, business strategy and innovation”, Long Range Planning, Vol. 43(2–3), pp. 172-194.
20. Ellen MacArthur Foundation (2013), Towards the circular economy, available at: https://www.aquafil.com/assets/uploads/ellen-macarthur-foundation.pdf (access data September 20, 2025).
21. Westerman, G., Bonnet, D. and McAfee, A. (2014), Leading digital, Harvard Business Review Press, Boston, USA, 304 p.
Downloads
Published
Issue
Section
License
Open-access articles (open-access journals)
Authors whose articles are published in open-access retain all rights to the content of the articles.
Open access articles are committed to be published under Creative Commons Attribution (CC BY) 4.0. This license allows others to distribute, edit, correct and build upon your work, even commercially, as long as they indicate your authorship. Detailed information at Creative Commons site: https://creativecommons.org/licenses/by/4.0/
Permissions for open-access journals
If the article is published in open-access under CC BY 4.0 or CC BY-NC 4.0 (which was possible till the 15th of December, 2018) licenses, users may reproduce it in accordance with their terms.
Additionally, if the article had been published under CC BY-NC 4.0 (this license authorizes others to download your works and share them with others as long as they indicate your authorship, but they can’t use them commercially in any case.), the use for the following commercial purposes requires permission:
– reproduction of content in a work or product intended for sale;
– reproduction in presentations, brochures or other marketing materials used for commercial purposes;
– distribution of the content to promote or market a person, product, course, service or organization;
– text and data mining for the purpose of creating a saleable product or product which benefits from promotional or advertising revenue;
– use of the content by a commercial entity or individual for the purposes of remuneration, directly or indirectly through sale, licensing, promotion or advertising;
– linking to the content (in an email, webpage, portable electronic device or otherwise) for the specific purpose of marketing or advertising a person, product, course, service or organization for commercial benefit.
For further details and permission requests, please contact.