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FORMS OF ECONOMIC PROXIMITY AND THEIR IMPACT ON INNOVATION PERFORMANCE: A STUDY OF MULTIDISCIPLINARY COMMERCIAL ORGANISATIONS IN INDUSTRY

https://doi.org/10.17747/2618-947X-2024-1-10-22

Abstract

This article analyses the influence of different types of economic proximity (geographical, organisational, technological and social) of business units of multidisciplinary organisations on the effectiveness of their innovative activities. The conducted research is based on a survey of a sample of 83 holdings belonging to 27 MCOs (a total of 189 respondents). The analysis confirmed that most of the companies surveyed associate increased efficiency of innovation activities with organisational and technological proximity, while geographical and social proximity are significantly underestimated by respondents. It was also possible to identify separate profiles of different types of economic proximity of the business units in the sample. Thus, the net profit from the sale of new products is more influenced by technological and social proximity, the introduction of new products to the market is influenced by technological and geographical proximity, and the growth in the number of patents registered is influenced by organisational, technological and social proximity.

Based on econometric estimates, our results suggest that while all types of proximity have a positive effect on the introduction of new products to the market, only organisational and technological proximity have a direct effect on net profits from the sale of new products.

About the Authors

A. V. Trachuk
Financial University under the Government of the Russian Federation (Moscow, Russia), JSC ‘Goznak’ (Moscow, Russia)
Russian Federation

Doctor of economic sciences, professor, professor and head of the Department of Strategic and Innovative Development of the Faculty ‘Higher School of Management’, Financial University under the Government of the Russian Federation (Moscow, Russia), general director of JSC ‘Goznak’ (Moscow, Russia). ORCID: 0000-0003-2188-7192.

Research interests: strategy and management of business development, innovation, entrepreneurship and modern business models in the financial and real sectors of the economy, dynamics and development of e-business, operational experience and prospects for the development of natural monopolies.



A. V. Kolobov
Financial University under the Government of the Russian Federation (Moscow, Russia), PJSC ‘Severgroup’ (Cherepovets, Russia)
Russian Federation

Candidate of technical sciences, director for the development of the ‘Severgroup’ business system (Cherepovets, Russia), head of transformational projects to improve the efficiency of operational and organisational activities in the largest Russian companies.

Research interests: strategic and organisational development of large industrial organisations, organisational development of multidisciplinary structures, improving the efficiency and effectiveness of industrial business systems, tools for organizational development of multidisciplinary business systems.



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Review

For citations:


Trachuk A.V., Kolobov A.V. FORMS OF ECONOMIC PROXIMITY AND THEIR IMPACT ON INNOVATION PERFORMANCE: A STUDY OF MULTIDISCIPLINARY COMMERCIAL ORGANISATIONS IN INDUSTRY. Strategic decisions and risk management. 2024;15(1):10-22. https://doi.org/10.17747/2618-947X-2024-1-10-22

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ISSN 2618-947X (Print)
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