FEATURES OF INNOVATIVE ACTIVITY IN VERTICALLY AND HORIZONTALLY INTEGRATED STRUCTURES
Keywords:
Vertical integration, horizontal integration, innovative activity, corporate structures, open innovation, institutional environment, technological progress, cooperation, innovative strategy, knowledge transfer, innovative management, integrated model.Abstract
This scientific research comprehensively analyzes the institutional, economic and technological aspects of the formation, management and effectiveness of innovative activity in vertically and horizontally integrated corporate structures. When choosing integration models, the location of the innovation strategy, the density of inter-sectoral cooperation, the degree of harmonization of information flows and the degree of diversification of innovative risks are considered as determining factors. Within vertically integrated structures, innovative activity is usually carried out under the high level of control of the corporate management center, which allows for the concentration of resources, the introduction of standardized technological platforms and the acceleration of innovative processes.
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