WHAT IS THE NATURE OF INNOVATION?
ASK THOSE WHO USE IT
Petrusheva Evgenya, group 688
Language supervisor – Nedogibchenko M.
• In a market transformation of economy of
Ukraine it is very important to develop new
technologies and learn from developed
countries
• Relevance of the study of Japan’s
innovativeness is that the country is an
example of rapid economic development.
The economists who examined the
concept of innovation:
J. Schumpeter (the author of a “bible”
for innovation economics), Paul Romer,
Elhanan Helpman, Eric Beinhocker,
W. Brian Arthur, Robert Axtell, Richard
R. Nelson, Richard Lipsey, Christopher
Freeman etc.
Japanese major achievement is that theory and practice
are not scattered.
They set clear objectives and careful work.
Nature of innovation in Japan is
based on the fact that Japanese
companies are changing
throughout their lives, constantly,
slowly, quietly improved. It is
Kaizen, a Japanese
management philosophy, the
promises big rewards through
continuous incremental change.
Kaizen is achieved as a result of
coordinated efforts by all
employees - a gradual upgrade.
Unlike Japanese management,
other countries prefer extreme
changes, which often don't work,
eventually they lose vigilance
and hence efficiency.
Principles observed by Japanese
corporations
• making management decisions, taking into
account long-term perspective, even if it hurts
short-term financial goals
• deciding leisurely consensus considering all
possible options. Implement the decision without
delay
• building process so as to create a continuous
flow that will effectively ensure the creation of
value
• visualizing each problem and taking it to the
general discussion, so that none of them go
unnoticed
• paying special attention to the domestic
consumer who you work for, give what he needs
at the right time and right amount
• using reliable proven technologies. Before you
implement them into production test them
properly on real conditions
• educating leaders who know their work perfectly
and follow the management philosophy and can
teach others
• excluding changes in technologies that are at
odds with the culture of the company, which can
impair its stability, reliability or predictability. But
encourage people not to forget about new
technologies when it comes to finding new ways
of improving the company.
Having investigated the nature of innovation
in Japan, we can say that the first
systematic approach gives good results in
the long term.
- Ukraine needs to build a serious business
relying on experience, known bugs and
errors countries already developed.
- We also have a big disadvantage in
workers motivation and responsibility.
International experts said that Ukrainians
have a low level of responsibility in work.
Thank you for attention