Academic journal article Academy of Strategic Management Journal

Management Model of Enterprises of High-Tech Business Based on Technological Innovations: Analysis of High-Tech Companies Ratings at Russian and International Levels

Academic journal article Academy of Strategic Management Journal

Management Model of Enterprises of High-Tech Business Based on Technological Innovations: Analysis of High-Tech Companies Ratings at Russian and International Levels

Article excerpt

INTRODUCTION

The dominance of the country's leading in the technological structure of the markets - both explicit knowledge market in the form of patents, trademarks (USA, Germany, Japan), and implicit knowledge market in the form of a modern intellectual management models in organizations, providing them with greater prosperity and longevity regardless of the type of economic activity, technology level, regional location, position on the curve of its life cycle, transnational character, popularity of trade marks (Japan) - convincingly proves the necessity to study management model of enterprises of high-tech business based on technological innovations, ratings of companies of high-tech business.

OVERVIEW OF THE THEORY

The following works are basic for our research: edited by Giotopoulos, I [1], Acemoglu, D. [2], Betz, F. [4], Romer, P.M. [16], Teece, D.J. [18].

The most important works in foreign economic literature in the area of business model of enterprises of high-tech business the authors used in this work are the following: Giudice, M.D., Peruta, M. R.D., Maggioni, V. [10], Herstad, S., Pâlshaugen, 0., Ebersberger, B [14].

In the field of knowledge management at the regional level, industrialized enterprises, the authors relied on the following works: Suleiman, S. Kassicieh, K. [23], Schoonmaker, M., Carayannis, E. G. [24], Schölten. S., Schölten U. [25], Chang, Y., Chen, M., Lin, Y.-Po, Gao, Yu-Sh [26].

The empirical basis of the research relies on high-tech businesses ratings according to Thomson Reuters (USA) [5] and "TekhUspekh" (Russia) [7, 11, 13]

METHODOLOGY

The research work in the framework of this article presents the implementation of the three interrelated stages: I. Development of a model of knowledge management in organizations: a micro-level. II. Development of methods of market analysis of explicit and implicit knowledge: micro,- meso,- macro level. 3. III. Development the classification of enterprises of high-tech business: meso- level.

RESULTS

This research presents the analysis of the Russian and international ratings of high-tech businesses functioning in the global science-intensive environment, using the authors' classification of high-tech businesses [1, 2, 3, 4]. The ratings analysis is based on the ratings by Thomson Reuters (USA) and "TekhUspekh" (Russia) in 2013 (Table 1, 2) [5, 6, 7, 11].

Note that the authors have distinguished the forth group of companies, functioning in low-tech businesses to prove their classification of high-tech business. On the contrary, the analysis of high-tech businesses according to "TekhUspekh" (Russia), the authors have not extinguished the companies, which can be attributed to the forth group according to the authors' classification of high-tech businesses [8, 9, 12]. The authors' classification of high-tech businesses distinguishes three groups of companies: the 1st group, engaged in high-tech science-intensive types of economic activity; the second group is engaged in middle- and low-tech types of economic activity, implementing high-tech businesses management, which results in the high level of technological development of the enterprise. This is achieved by a business model (or managerial knowledge) implemented in those enterprises; the third group is mixed, where: (a) enterprises can have simultaneously high expenses on technological innovations, high business organization, and function in low-tech types of economic activities; (b) science-intensive businesses, whose functioning can be attributed to the 1st of 2nd group (Table 1, 2) [14, 15, 16].

Localization of high-tech business according to the authors' classification by the Russian and international regions is shown in Figure 1A and 1B respectively. It is obvious that the knowledge market of the country's leading in technological patterns (USA, Japan, and France) is characterized by the developed business models with participation of high-tech business according to the authors' classification, i. …

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