Ways to Improve the Mechanism for Developing Innovation Processes in Industrial Enterprises

This article studies the theoretical and methodological foundations of the formation and improvement of the mechanism for the development of innovative processes at industrial enterprises. The main concepts, essence and structure of the innovative process are considered, the main obstacles to the effective implementation of innovations are analyzed. Based on a systematic analysis of domestic and foreign experience, specific ways to improve the mechanism for organizational and economic innovative development of industrial enterprises are proposed. Particular attention is paid to digital transformation, strategic cooperation with scientific institutions and the improvement of financial instruments. The experience of the Republic of Uzbekistan within the framework of the Innovation Development Strategy for 2022–2026 is considered.

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