Year: 2024
Type: article
Abstract: The article is devoted to the implementation of the company's innovative potential, during which the national heritage acts as a contributing factor. In the modern world, innovation acts not only as a source of socio-economic progress, but also asthe basis of a business’s competitive advantage. By developing and implementing innovations, the company improves its position in the market, produces competitive products, and improves its financial and economic results. An enterprise can increase demand for its products by differentiating them and developing new markets. The publishing industry is a sphere of application of innovations, as well as a sphere of popularization in society of innovations in various fields of knowledge and promoting their acceptance by society. Innovation is a way to optimize the activities of an enterprise and increase its competitiveness in the market. The development of a “flexible” approach to business, the development of new management strategies and decision-making in an innovative way, due to constant changes in market conditions, such as the economic situation, changes in sales markets, can be much more effective when accessing the wealth of cultural heritage. This not only solves purely economic problems, but generally supports the course towards strengthening state, cultural, value and economic sovereignty, civil identity based on the spiritual, moral and cultural values of the peoples of the Russian Federation, and the preservation of cultural heritage.
Institution: Far Eastern Federal University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405766401