Process innovation as the most important element of a long-term financial sustainability of the enterprise

This article is devoted to the disclosure of information on the planning of financial stability on the basis of investment development of the enterprise. The key to survival and the basis of the stable position of the enterprise is its financial stability. In order to reduce risk and ensure success, an enterprise must integrate the various stages of the innovation process into a single chain, each link of which performs an important task in achieving the overall goal of obtaining an innovation, and then a new product or technology. Competent use of innovations allows in the long term to ensure competitiveness, formation of future profitability of the enterprise and increase of financial condition, including financial stability. And increasing the financial stability of the enterprise leads to an increase in the value of the business as a whole.