Assessing Organizational Innovative Potential As A Strategic Factor Of Sustainable Economic Development

Authors

  • Umarov Abdulhamid Professor of the Department of “Social Sciences and Informatics” of the National Institute of Fine Art and Design named after Kamoliddin Behzod, Uzbekistan, Tashkent
  • Hoshimov Doston Ramazon ugli Bachelor Student of Management (Art Management and Gallery Work), National Institute of Fine Art and Design named after Kamoliddin Behzod, Tashkent, Uzbekistan

Keywords:

innovation, innovative potential, competitiveness

Abstract

This article examines the economic essence of innovation and innovative potential within modern organizations. The research analyzes theoretical approaches to innovative potential and evaluates indicators used to measure innovation efficiency. The study highlights the role of innovation in increasing competitiveness, productivity, and long-term strategic sustainability. Special attention is devoted to statistical and economic methods of assessing innovative activity, including R&D expenditures, patent activity, innovative product share, and technological modernization. The findings demonstrate that innovative potential serves as a strategic resource ensuring sustainable economic growth and organizational adaptability in conditions of global competition and digital transformation.

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Published

2026-05-16

How to Cite

Assessing Organizational Innovative Potential As A Strategic Factor Of Sustainable Economic Development. (2026). Wire Insights: Journal of Innovation Insights, 4(05), 23-26. https://academiaone.org/index.php/7/article/view/1576