Estimation of influencing innovations on the resource saving of enterprise

  • E. I. Yudina Dnepropetrovsk University of the Humanities
Keywords: innovative activity, resources saving, analysis, assessment processes modeling, industrial enterprise, estimation of influencing the innovations


The article is devoted to a topical issue of the influence of innovations on the process of resource saving and increase of efficiency of functioning of enterprises. 

Resource saving is a necessary condition for effective functioning of an enterprise that contributes to the solution of the problem of the growing  demand of manufacturing in resources mainly due to savings and provides for decrease in the resource intensity of the products, and as a result, increases production efficiency through their most efficient use. Steady growth of production in the long term depends not so much on resource opportunities, but on the innovation activity of enterprises.

The purpose of writing this article is the assessment of innovation activity of industrial enterprises on the process of resource saving, identification of the patterns and quality parameters of their interconnection by the methods of correlation–regression analysis. 

For the study and evaluation of the impact of innovation on the consumption of resources in the production process, we proposed scientific methodological approach, based on economic–mathematical simulation of the interaction between innovation and production processes and determining of the results of this relationship in resource saving.

The application of this approach to the analysis and evaluation of innovation activities allowed supplementing the classification of factors of resource saving, which unlike the existing classification includes such features as the costs in the direction of innovation activity, namely: the level of general costs for innovation activity; the level of innovation spending on the introduction of new machinery, equipment, installations, other types of main production funds; the level of innovation spending on the introduction of new technologies; the level of spending on research and development. Based on this, we developed a scorecard, which consists of the indicators of resource intensity and efficiency of production, as well as the level of spending on innovation for identification and explanation of the patterns of interaction between the target economic indicators and the studied factors by economic–mathematical modeling and creation of management tool for innovation activity at resource saving at a machine–building enterprise.

The proposed algorithm of activities provides the most efficient and economical use of resources and includes the simulation of interaction between innovation and production activity, assessment of the impact of implemented innovations on the production process, forecasting indicators of these processes. Its application allows planning the volume of investments by specific directions of innovation activity and the proper level of resource saving.

The key factors of innovation activity were established that influence the efficiency of resource saving, the pattern of their influence on the process of production was defined, the estimation and prediction of economic indicators of functioning businesses were carried out, by which one can plan their value and, consequently, the results of an entity’s performance. In addition, categorical apparatus of the theory of management of innovations regarding determining such concepts as "innovation development" and "resource saving" acquired further development.


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Author Biography

E. I. Yudina, Dnepropetrovsk University of the Humanities
канд. екон. наук, доцент кафедри економіки та менеджменту туристичної діяльності


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How to Cite
Yudina, E. (2015). Estimation of influencing innovations on the resource saving of enterprise. European Journal of Management Issues, 23(5), 108-117.