Innovative Activities in Enterprises and their Regulation

Abstract

This article explores the role and regulation of innovative activities in enterprises, emphasizing their significance for economic growth, competitiveness, and sustainability. It highlights key areas of innovation, including product, process, marketing, and organizational advancements. The challenges faced by enterprises in implementing innovative activities—such as high costs, workforce limitations, and regulatory barriers—are discussed. The study provides a detailed examination of regulatory frameworks, including intellectual property protection, environmental policies, data privacy, and financial incentives, drawing examples from regions like the United States, European Union, and Japan. Best practices for enterprises to align innovation with regulations are also outlined, underscoring the importance of ethical and sustainable approaches.