Modeling of the Process of Personnel Motivation for Innovation Activity-Reference-Cited by-同舟云学术

Modeling of the Process of Personnel Motivation for Innovation Activity

Published:2020-05-12 Issue: Volume:17 Page:467-477
ISSN:1109-9526
Container-title:WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
language:en
Short-container-title:

Author:

Voynarenko Mykhaylo¹,Dzhedzhula Viacheslav²,Yepifanova Iryna²

Affiliation:

1. Khmelnytsky National University, UKRAINE

2. Department of Finances and Innovative Management, Vinnytsia National Technical University, UKRAINE

Abstract

The peculiarities of motivation formation of employees of industrial enterprises to innovation activity have been investigated. The approach to assessing employees’ motivation to innovation activity with the use of the Harrington function has been offered. The concept of motivational acceleration of innovations and motivational inertia of innovations has been proposed. Motivational acceleration refers to the period of time in years during which the investment process which is carried out by motivated employees will soon go into the profitability zone compared to the process implemented by non-motivated employees. Motivational inertia of innovation is defined as an additional period of profit-making from the innovation process as compared to the process carried out by non-motivated employees

Publisher

World Scientific and Engineering Academy and Society (WSEAS)

Subject

Economics and Econometrics,Finance,Business and International Management

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