The article reveals the peculiarities of the influence of innovations on the competitiveness of companies. It is shown that innovation, through which companies seek to improve their competitiveness, often lead to the opposite result. The analysis of business technologies for technology acquisition is given, leasing and outsourcing, as well as competitive methods such as simple enticement of employees from competitors, that differentiate the contribution of the innovator company and the contribution of its counterparties, are considered. The main factors contributing to the reduction of commercial risk are identified.
The issues of financial markets self-regulation have gained appreciable urgency due to the recent global financial crisis. The paper presents a review of the key industrialized countries' experience in implementation of self-regulatory mechanisms in their national financial markets. The benefits and the limits of self-regulatory mechanisms are analyzed, including the analysis from the historical perspective. The features of the main types of financial markets' regulatory systems are given as well as the individual features of the national financial regulatory systems under consideration.