Innowacje jako źródło wartości przedsiębiorstwa
Innovation as a source of enterprise value

Summary/Abstract: The value of an enterprise is shaped by tangible and intangible factors. In order to maximize the value of the enterprise it is necessary to correct the identification of factors that have a direct impact on the value of the company. These factors are called carriers (value generators), value drivers. In knowledge-based economies, companies are based on innovation as a value creating factor. The aim of this article is to recognize the importance of intangible assets, including innovation projects in the process of creating enterprise value. The article also shows the importance of creating value for both shareholders and stakeholders, in accordance with the concept of sustainable development. This article presents the concept of enterprise value, contemporary enterprises value carriers and shows the role of the innovation in creating enterprise value.

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