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ECONOMIC CONTENT OF THE CONCEPT ‘INNOVATION’ AND ITS SPECIFICITY IN THE ROAD CONSTRUCTION INDUSTRY

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PDF: Author(s): Fedorchenko M. A.,
Number of journal: 1(30) Date: February 2015
Annotation:

In this article we solve the problem of disclosure of the term «innovation» and identify distinguishing features of this category in the road sector. The article presents a retrospective analysis of the term «innovation». We find out the main approaches of different scientists to the definition of innovation. The article offers possible variants of the classification of innovations in the general theory of innovation management. The author tells about the specificity of innovation in the road sector, including the definition of innovation in the field of road construction and its classification. The author offers his point of view on formulation the concept of innovation as an economic category. In this article we clarify the official definition of innovation in the road sector.

Keywords:

concept of innovation, evolution of the term ‘innovation’, economic content of innovation, classification of innovations, public road system, innovative development, mastering of innovation, types of innovations, innovative activities, innovation management system

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