CORPORATE FORESIGHT AND ASSESSMENT OF INNOVATIVE ACTIVITY OF INDUSTRIAL ENTERPRISES

Abstract

The article concentrates on problems of innovative development of the economy of the Russian Federation.
The strategy of innovative development of the Russian Federation for the period until 2020 is approved
in December, 2011. However, the structure of the economy has not changed significantly over time. The relevance
of corporate foresight and assessment of innovative activity in terms of economic sanctions of the European
Union and a process of import substitution increases. Foresight is a system of expert evaluation of
strategic directions of social and economic and innovative development, identification of technological breakthroughs
that could have an impact on the economy and the society in the mid- and long-term perspective.
One of the key characteristics of the process of development and implementation of innovation is a high level
of uncertainty of potential outcomes. A reliable prediction of results of innovation activity of an industrial enterprise
is impossible without application of expert methods. Forecasting of quantitative characteristics of the
innovation process involves the use of mathematical apparatus. To forecast the innovative activity and assess
innovative results the author proposes an original technique built on manufacturing functions. The method of
quantitative evaluation of innovative activities of the enterprise is based on the assumption that innovation introduction
and development is a type of investment process. The evaluation criteria of investment activity also
functions as an indicator of the company’s investment attractiveness for investors.