22Aug 2017

ALTERNATIVE OF INNOVATIVE AGING IN SMES BY LOWERING THE PRODUCT COST PRICE.

  • Associate Professor, PhD, Department of Industrial Management, Technical University of Varna, Bulgaria.
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The purpose of this article is to analyze the harmful effects of rapid innovation aging in small and medium-sized enterprises (SMEs), and on this basis to propose alternatives for its partial or total removal. However, this must also be related to the reduction in the cost of manufactured industrial products. One way to solve this problem, especially for SMEs, is to apply the "approach or philosophy" of open innovation and to seek alternatives to rapid innovation aging.

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[Siyka D. Demirova. (2017); ALTERNATIVE OF INNOVATIVE AGING IN SMES BY LOWERING THE PRODUCT COST PRICE. Int. J. of Adv. Res. 5 (Aug). 1244-1252] (ISSN 2320-5407). www.journalijar.com

SiykaD. Demirova
Associate Professor, PhD, Department of Industrial Management, Technical University of Varna, Bulgaria

DOI:

Article DOI: 10.21474/IJAR01/5178      
DOI URL: https://dx.doi.org/10.21474/IJAR01/5178

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