Innovativeness as a determinant of enterprise competitiveness

The article analyses the issues related to the role of innovation in ensuring the competitiveness of the enterprise at the current stage of economic development. It is stated that the success of innovation activity of the company is based on the principle of permanence, which implies that each innovation should be supported by the subsequent one. The analysis of statistical data of internal costs of research and development in Russia for the period from 2012 to 2023 showed positive dynamics, however, the study of the distribution of these costs by Russian Federation subjects revealed the presence of a significant imbalance between the regions, which needs to be smoothed by conducting a competent state policy in the field of innovation activity. In conclusion, it is noted that the increase in expenditures on research and development, as well as further commercialisation of the obtained results should become a priority direction of strategic development of any enterprise.