scholarly journals Analysis of the Main Trends in the Development of the Sphere of the Innovation Activity in Ukraine

2021 ◽  
pp. 123-128
Author(s):  
N. Diachenko ◽  
◽  
V. Diachenko ◽  
◽  
Keyword(s):  
Financial Support ◽  
International Markets ◽  
The State ◽  
Basic Component ◽  
Innovative Activity ◽  
Financial Resources ◽  
Innovation Activity ◽  
Innovative Development ◽  
Goods And Services ◽  
Research Activities

The article notes that in modern conditions of the transitivity of the economy, the basic component of the mechanism for forming the foundations of sustainable development is to ensure the competitiveness of domestic goods and services in the national and international markets. For the purpose of analyzing the state, pressing problems and prospects of innovative development in Ukraine, quantitative and qualitative indicators of innovative activity have been investigated. It was revealed that during 2010-2019 there was a decrease in the number of organizations engaged in research activities and the number of employees engaged in research and development. It was found that, according to the State Statistics Committee of Ukraine, there is a tendency to an increase in expenditures (in million UAH) on research activities, but this was due to the depreciation of the hryvnia, because in dollar terms, there has been a decrease in the level of funding since 2014. It was revealed that in accordance with the ratings of the European Innovation Scoreboard 2020, Ukraine loses its positions every year – 34th place in 2014, 35th place during 2015-2018, 36th place in 2019 year and the penultimate 38th in 2020, ahead of only Romania. Taking into account the fact that the financial support of innovative activity in Ukraine is still very limited, in order to form the prerequisites for its increase, it is necessary to introduce a set of measures to mobilize existing and potential financial resources, including by attracting investments.

scholarly journals RESEARCH OF FORMS AND METHODS OF INVESTMENT SUPPORT OF INNOVATION ACTIVITIES OF INDUSTRIAL ENTERPRISES

2021 ◽  
pp. 11-17
Author(s):  
Олег Беспрозванних ◽  
Петро Перерва
Keyword(s):  
Financial Support ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Credit Institution ◽  
Industrial Enterprises ◽  
Innovation Activities ◽  
Innovation Projects ◽  
Financial Credit ◽  
State Financing

To solve the problems of stimulating the development of innovative activity of domestic enterprises, a number of regulatory acts have been developed in Ukraine today that regulate relations in the sphere of investment in innovation. National legislation defines the following forms of investment of innovative activity: state (municipal) investment, commercial investment, social investment, foreign investment, general investment. In order to receive financial support, the subjects of innovation activity whose innovation projects are listed in the State Register of Innovation Projects shall submit to the State Innovation Financial-Credit Institution (its regional branches) innovative projects and all necessary documents, the list of which is determined by it. The subject of innovative activity, the innovative project of which has been competitively selected, may receive one or more types of financial support from the innovative financial-credit institution, depending on the competitive procedure established by the competitive procedure. Financial support for the implementation of innovative projects can be provided in the form of successive tranches as a result of monitoring the progress of project implementation.The analysis of the structure of state financing of innovation activity by types of economic activity of subjects of innovation in 2018 allows to determine the priority branch of chemical and petrochemical industry. Investing of own funds of subjects of innovative activity is realized through capital investments and financial investments. Structural analysis of sources of financing of innovative activity in Ukraine allows to distinguish the overwhelming share of own funds of the enterprises in the total volumes of financing of their innovative activity. But in the conditions of insufficient level of state support of innovative activity of enterprises and instability of their financial results, as the main source of own funds for investing, the role of financial and credit providing of investments by the subjects of the financial market significantly increases.

scholarly journals The financial mechanism of small enterprises innovation activities

2020 ◽  
pp. 195-202
Author(s):  
Viacheslav Riznyk ◽  
Oleh Kalmykov
Keyword(s):  
Interest Rates ◽  
Financial Support ◽  
Banking Sector ◽  
Innovative Activity ◽  
Financial Resources ◽  
Small Enterprises ◽  
Innovative Development ◽  
Competitive Advantages ◽  
Development Models ◽  
Financial Mechanism

Relevance of the research topic. Increasing capital is one of the most important challenges for ensuring sustainability and growth opportunities for small enterprises both in Ukraine and abroad. Successful activities of small enterprises require constant competitive advantages through the implementation of innovative development models. Integration of Ukrainian enterprises into the global economy is impossible without investing in their innovative development, aimed at overcoming the economic lag behind developed countries, because in an era of dynamic globalization changes, competitiveness depends primarily on the ability to implement innovative projects, which requires significant financial resources. Formulation of the problem. Attracting financial resources to the innovative activities of small enterprises is especially problematic. The main reasons for this situation are high interest rates in Ukraine, the reluctance of the banking sector to lend to projects with a high degree of uncertainty and the weak development of non-traditional forms and methods of attracting financing in Ukraine. Analysis of recent research and publications. The problems of innovative activity of small enterprises and the mechanisms of its financial support were investigated by A. Bondarenko, G. Wozniak, O. Denysenko, V. Zianko, A. Kuznetsova, M. Melnyk, V. Nevmerzhitsky, Yu. Nikitin, Dong Xinyin, N. Stasyuk, A. Cherep, S. Khvalynsky and others. Setting goals, research objectives. The aim of the article is to determine the economic content of the financial mechanism and find out the sources of financing the small enterprises innovative activity and to develop ways to increase the efficiency of small enterprises financial mechanism of innovative activity in Ukraine. The method and methodology of the study. The article used a set of methods of scientific research: a systematic approach, structuring, analysis and synthesis, etc. Conclusions according to the article. The article reveals the essence of the financial support mechanism and its specifics for the innovative activity of small enterprises. The necessity of ensuring small enterprises competitive advantages through the implementation of innovative development models is substantiated. It was stated that most Ukrainian enterprises are now experiencing a shortage of their own funds, and attracting investment is problematic. The main reasons for the difficult access of small enterprises to financial resources are analyzed. Directions of increasing small enterprises financial mechanism of innovative activity efficiency are proposed.

scholarly journals Budget funds for financing investments in innovative development of the region (on the example of the Central Black Earth Region)

2021 ◽  
pp. 1-15
Author(s):  
Konstantin Konstantinovich Pozdnyakov
Keyword(s):  
Research And Development ◽  
Russian Federation ◽  
Federal District ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Innovative Development ◽  
Goods And Services ◽  
Strategic Factor ◽  
The Russian Federation ◽  
The Impact

The strategic factor for economic growth of the Russian regions is the activation of innovative processes. The problem of increasing innovative activity has been particularly acute in recent years due to the unfolding crisis and extended restrictions on the budget expenditures. The goal of this article consists in the analysis of indicators of innovative activity, and assessment of the impact of budget investments in fixed capital upon the indicators of innovative process in the Central Black Earth Region. The analysis employs the available statistical data on financing of investment processes and results of innovative activity in the Russian Federation, Central Federal District, and Central Black Earth Region. The research relies on the system approach, economic-statistical, logical and expert methods of analysis. The conducted analysis reveals the insufficient level of innovative development in all six zones of the Central Black Earth Region. The innovative processes in the Central Black Earth Region are characterized by low output of innovative products and investment in research and development. The dynamics of innovative processes in the region is of differential nature. There are substantial interregional differences in the indicator values of the expenditures for research and development, and innovation activity, as well as the volatility of indicators of production of innovative goods and services. The clear outsider in the Central Black Earth Region in the Oryol Oblast. The author formulates recommendations that can be used by the authorities of the constituent entities of the Russian Federation in elaboration of state support measures for innovative activity in the Central Black Earth Region aimed at acceleration of their economic development.

scholarly journals Methodological approaches to determining the effectiveness of innovative development of enterprises

2020 ◽  
pp. 72-79
Author(s):  
Vitalii Voloshchuk
Keyword(s):  
System Analysis ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Innovative Development ◽  
Resource Saving ◽  
Technological Processes ◽  
Industrial Enterprises ◽  
Modern Development ◽  
Methodological Approaches

Purpose. The aim of the article is generalization of theoretical and methodological approaches to determining the effectiveness of innovative activities of the enterprise, the study of requirements, criteria and evaluation indicators. Methodology of research. General scientific and special methods are used in the course of research, in particular: monographic, analysis and synthesis – at research of concept of efficiency of innovative activity and approaches to its estimation; system analysis – in determining the state of innovation in industrial enterprises; tabular – for visual presentation of the analysed statistical data; abstract and logical – in determining the possible areas of innovative activity of enterprises of different sizes. Findings. There is an unstable trend of increasing the share of industrial enterprises that have implemented innovations (products and / or technological processes) in the total number of industrial enterprises, and an increase in the cost of innovative activity for the analysed period. It is determined that the best result is observed when implementing new or significantly improved low-waste, resource-saving technological processes, which indicates the dominance of process innovations. It is proved that the main source of funding for innovative activity is the own funds of enterprises, whose costs are growing annually and whose share is 87.7%. At the same time, most funds were spent on the purchase of machinery, software and equipment, iюeю on the renewal of material and technical base and modernization. There is an increase in the number of profitable enterprises, which indicates an increase in efficiency, as well as an increase in operating profitability and all activities of enterprises, but much higher rates are typical for micro and small enterprises, indicating their higher innovation activity and efficiency of modern development. Originality. Methodological approaches to determining the effectiveness of innovative development of enterprises have been improved, which, unlike existing ones, are based on incurred costs for innovation, volumes and sources of funding, reinvestment of profits, innovation activity, share of innovative products and increase profitability to substantiate possible directions of innovative development and implementation of measures to implement the results of research and development, taking into account the specifics and size of the business entities, the state and dynamics of the internal and external environment. Practical value. The use of generalized systematized methodological approaches to determining the effectiveness of innovative development of enterprises will allow to assess the results of the enterprise in each area of innovation based on the implemented innovative solutions in the current period and in the medium and long term. Key words: innovations, efficiency, technologies, products, development, enterprise, attractiveness, results, methodology.

scholarly journals STATE REGULATION AS A KEY FACTOR TO STIMULATE INNOVATION IN CONSTRUCTION

2020 ◽  
Vol 6 (42) ◽  
pp. 110
Author(s):  
L. Zgalat-Lozynska
Keyword(s):  
Innovation Policy ◽  
Innovation Process ◽  
State Regulation ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Innovative Development ◽  
Legal Information ◽  
Key Factor ◽  
Stimulation Of

The article considers the issue of stimulating innovative activity in construction. The purpose of our investigation is to study influence of state regulation on innovation activity in construction. The role of construction participants in the innovation process and the reasons for low innovation activity in construction are determined. The tasks of the policy of innovative development, levers of state stimulation of innovative activity were discussed. Counterfeit tenders and corruption have been identified as an important factor hindering innovations in construction. A macroeconomic model of the state's influence on the process of stimulating innovation in construction and a model of logistical relations between organizations for innovation in construction have been developed. The necessity of active realization of organizational, financial, tax, budgetary, legal, information levers of the state policy as the tool of the state stimulation of innovative development in the building sphere is substantiated.Key words: state innovation policy, construction, public policy, project organization, building contractors, innovative activity. 

scholarly journals ORGANIZATIONAL AND ECONOMIC MECHANISMS TO SUPPORT INNOVATIVE DEVELOPMENT AT THE REGIONAL LEVEL

2020 ◽  
Vol 22 (1(74)) ◽  
pp. 63-71
Author(s):  
О.А. IERMAKOVA
Keyword(s):  
Financial Support ◽  
Innovation Policy ◽  
Selection Process ◽  
The State ◽  
Regional Level ◽  
Innovation Activity ◽  
Innovative Development ◽  
Competitive Selection ◽  
Economic Mechanisms ◽  
Selection Of

Topicality. One of the problems of the state innovation policy in Ukraine is the abolition or suspension of financial privileges for the subjects of innovation activity due to the lack of transparency of the mechanisms of their distribution. However, complete rejection of state financial support o innovation, that is one of the most widespread instruments of innovation policy in the world, does not correspond with the interests of innovative development of the state. As a solution of this problem at the regional level could be the mechanism of financial support for innovative projects on a competitive basis. Aim and tasks. The purpose of the article is to develop organizational and economic mechanisms of innovative development at the regional level and to discover the source of formation of their financial support. Research results. The article proposes a mechanism for competitive selection of innovative projects to receive funding from local budgets, which, unlike the existing ones, is as transparent as possible, ensures competitiveness among applicants and takes into account the priorities of innovative development of a particular region through the following procedure: the committee for selection of innovative projects is formed on the principles of participatory involvement of representatives of all stakeholders - authorities, business, science, education, community, determines the terms of competition and announces the competition; the competition is open to anyone who has ideas on the announced theme; the selection procedure occurs with maximum transparency and the announcement of the criteria, the selected projects receive funding from the local budget at the expense of the development budget; audit. It is envisaged that economic support for the competitive selection of innovative projects is carried out on the basis of partnerships and financial support from local budgets. The following mechanisms have been proposed: public-private partnership financing through equity participation; granting tax exemptions for other taxes paid to regional budgets; investment-oriented tax benefits, which provide for the exemption from income tax on the financial results of enterprises that are not withdrawn from business and reinvested in innovative projects. Conclusion. Implementation of the proposed mechanisms will ensure transparency of the project selection process, competitiveness among applicants, financial support from different sources and taking into account the priorities of innovative development of a particular region.

scholarly journals Innovation activity of industrial enterprises: the current situation and areas of improvement

2020 ◽  
Vol 11 (2) ◽  
pp. 49-57
Author(s):  
I. Levytska ◽  
Keyword(s):  
Production Process ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Innovative Development ◽  
Management Support ◽  
Activity Increase ◽  
Industrial Enterprises ◽  
Current State ◽  
Innovative Products

The article is devoted to topical issues of research of innovative activity at domestic industrial enterprises, its importance for the domestic economy is substantiated. The purpose of the study is to analyze the current state of innovation activity of industrial enterprises and to formulated irections for its improvement. The methodological basis of the study is the current abstraction, analogies and theoretical generalizations - generalization of existing approaches to ensuring the innovative activities of industrial enterprises, justification of the need and highlighting the main problems of introducing innovation processes in domestic enterprises; methods of system, comparative and economic-statistical analysis - to study the state of innovative activity of industrial enterprises of Ukraine; graphic - for visual representation and schematic and graphic construction of theoretical and practical provisions of the study; abstract-logical - for the logical generalization of theoretical principles and formulation of research conclusions. The object of research is innovation. The subject of the research is the current state and directions of increasing the innovative activity of industrial enterprises. Dynamics of innovation activity and process of introduction of innovations in the domestic industryare analyzed. Data on implementation of innovations at domestic enterprises are presented. The structure of sources of financing of innovative activity of industrial enterprises of Ukraine is formed. The factors that impede the activation of innovative activity in modern industrial enterprises are considered. The ways and directions of the problem of activation of innovative development of the enterprises are offered. The directions for innovative activity increase of the industrial enterprises of Ukraine are offered. Thus, based on the conducted research, the most promising areas for increasing the innovative activity of industrial enterprises should be: effective cost management and reducing the cost of production; application of international product certification and standardization of production processes as components of quality management; support of innovation ideas and proposals; improving the level of production organization through the use of upgraded equipment and advanced software; introduction of the latest production technologies and reduction of the duration of the production process; use of modern methodical methods of financial support of innovation activity; introduction of innovative products into the production process and increase their share in the total volume of products; establishing close cooperation with business partners. Conclusions and prospects for further research. Thus, the results of the research indicate the presence of a number of problems in intensifying the innovative activity of industrial enterprises. With the help of the analysis of innovative activity of domestic industrial enterprises the main problems which constrain innovative development of the enterprises are revealed. Mostly financing was carried out at the expense of own funds of enterprises, and the volume of expenditures on innovation activities at the expense of foreign investors, the state budget and lending is observed at a fairly low level. The declining dynamics in the areas of innovation in domestic enterprises and their low share in the volume of industrial production is a manifestation of forced compulsion to increase imports of new equipment and technologies, manufactured products and reduce export operations for domestic innovative products. According to the obtained results the directions directed on activization of innovative activity of the industrial enterprises are formed. The implementation of the proposed measures will significantly increase the level of innovation activity of industrial enterprises in Ukraine, stabilize the accelerated process of renewal of production, effectively use domestic and foreign investment for innovation. Further research on the issue may concern the formation of modern methods of assessing the innovation potential of industrial enterprises and the formation of a mechanism foren hancing the irinnovation activity, which will provide a significant increase in the level of innovation activity of industrial enterprises, stabilization of production renewal processes, expedientuse of internal and attracted external investment ininnovation.

scholarly journals EFFICIENCY OF SCIENTIFIC AND INNOVATIVE ACTIVITY OF UKRAINIAN UNIVERSITIES IN THE CONTEXT OF FINANCIAL POTENTIAL REALIZATION AND ACADEMIC REPUTATION

2021 ◽  
Vol 1 (22(50)) ◽  
pp. 55-65
Author(s):  
Mykhailo Krupka ◽  
Svitlana Sas
Keyword(s):  
Financial Management ◽  
New Technologies ◽  
Research Work ◽  
Innovative Activity ◽  
Financial Resources ◽  
Innovative Development ◽  
Important Place ◽  
Academic Reputation ◽  
Research Activities ◽  
Scientific Results

The main features of the modern educational and scientific space are the rapid realization of knowledge, the ability to effectively operate scientific results, the development of new technologies and their spread in the world, the competition for intellectual and financial resources. Under such conditions, the ability of universities not only to disseminate but also to create new knowledge through research, to ensure their social and economic efficiency, are the main criteria of global competitiveness. Transforming the domestic science, education and production, defining strategic guidelines for innovative development, ensuring economic growth and the most effective distribution of available resources, especially through the improvement of the universities efficiency in the context of their intellectual, financial potential and academic reputation realization are important tasks of the state on the way to building a competitive national economy. The purpose of the article is to identify and evaluate the relationship between the results of research activities at Ukrainian universities, their financial potential and academic reputation. In accordance with the objectives, the article describes the existing sources and organization of academic research financing at Ukrainian state higher education institutions (HEIs), the scientific and innovative activity efficiency indicators are systematized, the comparative analysis of results of research work of universities of Ukraine taking into account sources and volumes of their financing is carried out and the interrelation between these indicators of scientific and innovative activity is estimated. The object of the study are the classical universities of Ukraine, which occupy leading positions in the national rankings of HEIs, in particular the ranking of universities according to Scopus. Analyzing with the help of information posted on the websites of the HEIs, the sample indicators of scientific and innovative activities of universities, their staffing and financial support, it was found that not always the scale of HEIs in its quantitative dimension affects efficiency. The analysis showed that there is no direct relationship between the financial potential of universities and the achievement of the highest scientific results. Thus, the amount of funding for scientific activities has a significant impact on the level of achievement of HEIs and its employees, but is not always used effectively. Important in the market environment is effective financial management, diversification of funding sources, targeted use of financial resources provided for research and innovation of universities, which in globalization allows to ensure a high level of research, an important place of Ukrainian universities in world science and international rankings, their competitiveness, among others, as well as the innovative development of the country as a whole.

MECHANISMS AND TOOLS OF STIMULATING INNOVATION ACTIVITY IN A REGION

2021 ◽  
Author(s):  
Лариса Андреевна Кузьмина
Keyword(s):  
Economic Development ◽  
Global Leadership ◽  
The State ◽  
Development Model ◽  
Innovation Activity ◽  
Innovative Development ◽  
Sustainable Economic Development ◽  
Regional Authorities

Реализации задач, определенных Президентом РФ и направленных на обеспечение устойчивости экономического развития, преодоление технологического отставания и достижение мирового лидерства, обусловливает переход к иной, инновационной модели развития. В статье рассматриваются подходы к формированию такой модели на региональном уровне. Уровень инновационной активности в регионе определяется поддержкой со стороны государства и региональных властей, использующих различные инструменты ее стимулирования. Implementation of the tasks set by the RF President and aimed at providing for sustainable economic development, overcoming technological lagging and attainment of the global leadership provides conditions for a transition to a different, innovative development model. The article considers several approaches to the formation of this model at the regional levels. The level of innovation activity in the region largely depends on the support offered by the state and regional authorities which use various tools of stimulating this activity.

The Theoretical Origins of Management of Innovation Entrepreneurship Development

2021 ◽  
pp. 247-257
Author(s):  
Mariia Buhaieva ◽  
◽  
Sofia Demchenko ◽  
Keyword(s):  
Management System ◽  
Innovation Policy ◽  
The State ◽  
Innovative Activity ◽  
Innovative Development ◽  
Internal Environment ◽  
Entrepreneurship Development ◽  
Management Actions ◽  
Management Of Innovation ◽  
Comprehensive Study

The development of any economic system involves the transformation of the basic characteristics of its participants. In this case, the development itself can be both traditional and innovative. Currently, it is important to consider the innovative type of development at the enterprise level, which means a purposeful process of finding ideas, preparing innovations and their implementation, to increase their efficiency, and for society - to increase needs, the state - to increase the competitiveness of national products in the international market. It is obvious that the development of innovative activity of the enterprise is one of the decisive factors of its successful development. The purpose of this study is a comprehensive study of the theoretical origins of management of innovative entrepreneurship, the formation of a systematic view of the features of innovation management of the enterprise in modern business conditions. A comprehensive study of the theoretical origins of management of innovative entrepreneurship development was carried out, in particular, the emergence of views on the essence of such concepts as “innovation”, “innovative enterprise”, “innovative entrepreneurship”, “development of innovative entrepreneurship” were analyzed in the article. The authors suggest their own interpretation of such categories taking into account the analysis of domestic and foreign approaches and theoretical provisions for this problems in the modern understanding. Also, a systematic presentation of the features of management of the innovative activity of an enterprise in modern economic conditions was formed. The authors believe that for successful management of innovative development of the enterprise there should be a "smart" management system of innovative development of the enterprise. The purpose of the IDE management is to increase the competitiveness of the enterprise - the stable market position for continuous development in a constantly changing external and internal environment. Features of managing the development of innovative entrepreneurship at the present stage are the following: the ability and readiness of the economic entity to positive change, progress; the sequence of management actions that realize the innovation potential; quantitative changes in the relevant "growth points"; qualitative changes based on cooperation and rivalry between market participants for better conditions of production, purchase and sale of goods. It should be noted that management of innovation entrepreneurship development should have the support of the state in the context of Ukraine's innovation policy. The prospects for further research are related to the improvement of the innovation entrepreneurship management system as a key element for increasing the competitiveness of modern enterprises in a constantly changing external and internal environment.

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