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Environmentally Oriented Innovations as a Tool for Sustainable Development of Regional Enterprises Cover

Environmentally Oriented Innovations as a Tool for Sustainable Development of Regional Enterprises

Open Access
|Apr 2025

Abstract

In the article, modern economic trends affecting the development of innovative and active enterprises implementing environmental projects are identified. The following methods were used: formalization, dialectical, decomposition, generalization, comparative, and graphical. The interrelationship of environmentally oriented innovations with economic development of regions and the impact on the environment is considered and graphically presented. Ways to intensify implementation of ecologically oriented innovations as a tool for sustainable development of enterprises in the region are proposed. Advantages of implementing these innovations are revealed. Prospective directions for implementation of ecologically oriented innovations are reflected. The European experience regarding active development of ecologically oriented innovations is outlined, which involves formation of the systemic approach to the use of transformational aspects of ecologically oriented innovations and study of their impact on effective functioning of the sustainable management mechanism of natural resources. The unified strategic position of EU countries on formation of strategic vision of innovative and ecological development of enterprises, taking into account globalization processes, using complex multilevel approach to formation and implementation of the policy of ecologically oriented innovations, was studied. Modern trends in environmental orientation of enterprises in EU countries are analyzed.

DOI: https://doi.org/10.15544/mts.2025.02 | Journal eISSN: 2345-0355 | Journal ISSN: 1822-6760
Language: English
Page range: 15 - 24
Submitted on: Dec 19, 2024
Accepted on: Jan 3, 2025
Published on: Apr 4, 2025
Published by: Vytautas Magnus University, Institute of Foreign Language
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2025 Denys Krylov, Narine Avanesyan, Lesya Gazuda, Dmytro Kotelevets, Andrii Zakharchenko, Ihor Dovhopol, published by Vytautas Magnus University, Institute of Foreign Language
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.