Theoretical Aspects of The Development of Innovative Activities

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Theoretical analysis highlights innovative business processes and their impact on economic development.

The innovative business combines the creation of novelties with practical work within the economic system.
Important characteristics of innovative business include duration, risk level, and the ability to initiate structural changes.
Innovative business plays a key role in stable production development over the long term, influencing economic strategy.
Analyzing the Tobin coefficient reveals crucial insights about the relationship between market prices and actual asset values.

Qoqiauri et al. (2025) studied this question.

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