Development and making of strategic decisions of the enterprise through the formation of innovative growth models while ensuring economic security

Introduction. The choice of an innovative development model depends on many factors, including the specifics of the enterprise, its resource potential, market conditions and development strategy. Large enterprises with significant resources can combine open and closed innovation models, which allows them to effectively integrate external knowledge while maintaining control over key assets. Smaller companies can use open innovation to reduce costs and get to market quickly with new products, especially when they cannot afford large investments in R&D. Contemporary Ukrainian scholars support the idea that innovation models, in particular open innovation and the triple helix model, contribute to improving the competitiveness of enterprises and provide them with the ability to quickly adapt to changes in the global economy. The purpose of the article is to improve the theoretical foundations of development and strategic decision-making through the choice of an innovative development model according to the specifics of an enterprise as a component of ensuring economic security. Research methodology. The theoretical and methodological basis of the study are the works of leading domestic and foreign scientists, methodology and systemic principles of conducting comprehensive scientific research. Among the special research methods used in the work are: abstract and logical - to study the development of the problem and summarise the findings; theoretical generalisation - in the process of disclosing the definition of ‘innovative development of enterprise’; observation, comparative advantages, economic analysis, clustering and comparison - to study the theoretical basis for the development and adoption of strategic decisions, improve the structuring of models of innovative development, and ensure the economic security of enterprise. Results. It is proved that enterprises that actively cooperate with external partners using the open innovation model face the risk of losing control over critical technologies and data. It is proved that in this context, the triple helix model, which combines the resources of government, science and business, becomes attractive, as it balances the interests of various participants in the innovation process. Cooperation of scientific institutions with business facilitates the faster introduction of new technologies into the real sector of the economy, which increases the overall competitiveness of the country in the global market.