The paper aims at explaining the importance of innovations in modern enterprises. Activities leading to creation of … innovative solutions, types of innovations and their meaning for enterprise’s strategic planning have been presented. The meaning … individual innovations for maintaining an optimal cost / income balance, hence the economic rationality of innovative …

Economic literature describes drastic and non-drastic innovations as sources of marginal cost reduction. The difference … is that non-drastic innovations are unable to reduce the new marginal cost in order to ensure that the innovator is able …

Innovations issues carried out by the international organizations. The objective of the article is to stimulate the discussion …

This paper proposes a reduced form model of dynamic duopoly in the context of heterogeneous innovations framework. Two … agents invest into product and process innovations simultaneously. Every newly introduced product has its own dimension of … process-improving innovations and there is a continuum of possible new products. In the area of process innovations the …