Retrieved from Vol. 28, No. 2, 2024
Pages 109 -116
Received 10.07.2024
Revised 13.11.2024
Accepted 25.12.2024
Retrieved from Vol. 28, No. 2, 2024
Pages 109 -116
Abstract
The purpose of the article is to identify and analyze key determinants contributing to innovative development in the transport industry. Based on the analysis of the essence of innovative development, its interpretation for transport enterprises is proposed as a process of introducing innovations that contribute to the improvement of technologies, management methods, products or services in the transport industry. The organizational, technological and technical specifics of transport enterprises are defined, which are the basis for the justification of the key determinants that determine the innovative activity of business entities. Carrying out a comprehensive analysis of organizational, technological and socio-economic aspects, the article reveals the influence of various factors on innovative strategies of enterprises. The obstacles and challenges that arise in the context of innovation in the transport sector are highlighted, such as financial constraints, regulatory requirements and technical difficulties. Based on the received data, recommendations are being developed to increase innovative activity and stimulate the development of transport enterprises, aimed at increasing their competitiveness and adaptation to modern challenges in the industry
Keywords:
economic development, innovative development, determinants of development, transport, features of transport, innovations in transport, transport enterprises