KEY INDICATORS OF EFFICIENCY OF INNOVATIVE ACTIVITY IN REGIONAL COMPANIES OF TOURISM INDUSTRY

Authors

  • Oksana Podvalnaya Vinnitsa National Agrarian University

DOI:

https://doi.org/10.36690/2674-5208-2020-2-29

Keywords:

tourism industry, innovation, efficiency, economy, region

Abstract

The article explores the main methods and approaches to assessing the effectiveness of innovation in companies in the tourism industry. The analysis of economic and organizational-legal mechanisms, the acquisition of which leads to an increase in the management of innovation in tourism. It was determined that within the framework of the acquisition of these mechanisms, the main task is to combine the efforts of all interested parties to ensure the synergistic effect of various actors. A number of specific indicators are presented: the integrated effect of all new products and technologies; profitability index for each new product; rate of return on tourism activities; payback period of the resources involved; with the help of which the effectiveness of the results of innovation in the tourism sector is assessed. A basic set of parameters is proposed for a system of indicators for assessing innovation in the tourism industry in the region.

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Author Biography

Oksana Podvalnaya, Vinnitsa National Agrarian University

Ph.D. (Economics), Associate Professor, Associate Professor, Agricultural Management Department, Vinnitsa National Agrarian University, Vinnitsa, Ukraine

References

Davydova, O. (2015), “Features of application of innovations in development of tourist branch of Ukraine”, Bulletin of Taras Shevchenko National University of Kyiv, №7(172), pp. 65-69.

Golod, A.P. (2018), Model of socio-ecological and economic security of regional tourist systems” Conceptual foundations of socio-environmental and economic security, monograph, Lutsk, pp. 272-285.

Zaitseva, V.M. (2015), The use of innovative technologies in tourism, monograph, Zaporozhye, 143 p.

Krupsky, A.P. (2015), “The conceptual framework for the management of innovative activities of tourism enterprises”, Bulletin of the Dnepropetrovsk university. Innovation management series, №4, pp. 64-71.

Novikov, V.S. (2010), Innovation in tourism, Moscow, 208 p.

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Published

2020-06-05

How to Cite

Podvalnaya, O. (2020). KEY INDICATORS OF EFFICIENCY OF INNOVATIVE ACTIVITY IN REGIONAL COMPANIES OF TOURISM INDUSTRY. Economics, Finance and Management Review, (2), 29–34. https://doi.org/10.36690/2674-5208-2020-2-29

Issue

Section

Chapter 1. Current trends in economic development