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 Element composition of the innovation potential of industrial enterprises

2021 ◽  
Vol 12 (2) ◽  
pp. 36-42
Author(s):  
Kirill I. Goman
Keyword(s):  
Main Tool ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Internal Environment ◽  
Federal Programs ◽  
Industrial Enterprises ◽  
Innovation Potential ◽  
Innovation Activities ◽  
Innovative Potential

At the present stage of the development of innovative activity of industrial enterprises, it is necessary to implement measures, the implementation of which is, first of all, the creation of an innovative reserve characterized by innovative potential. The approaches presented by the author to the structure of the elements of the innovation potential, firstly, allow us to identify the missing elements in its composition, secondly, to determine the level of development of these elements, and thirdly, to formulate proposals to eliminate the shortcomings. Currently, the state has initiated a number of federal programs that are aimed at forming and supporting the development of innovative potential both at the level of enterprises, regions, and the state as a whole. The key direction that determines the possibility of achieving the goals in these sectors is the development of personnel component of the innovative potential of domestic enterprises. The analysis of the conditions for the formation of the innovative potential of domestic industrial enterprises allows us to judge the unsatisfactory form of its innovative development, in which there is a significant gap between the requirements of innovative activity, as well as the requirements of the external and internal environment, the ability to adequately respond to the factors of influence. In this regard, in order to develop the innovation potential, the author proposes the structure of its elements and the analysis of the factors influencing the innovation activity of industrial enterprises, as well as bringing it into a balanced state of its external and internal environment. As the main tool for the development of innovative potential and bringing it into a balanced state, organizational and managerial factors are used to increase the efficiency of innovation activities and ensure the activation of the innovative potential of industrial enterprises.

scholarly journals Methods of assessing the efficiency of innovation activities of industrial enterprises

2019 ◽  
Vol 265 ◽  
pp. 07029
Author(s):  
Nikolay Voytolovskiy ◽  
Andrey Butyrin ◽  
Andrey Chizhik
Keyword(s):  
New Technologies ◽  
Economic Indicators ◽  
Innovation Activity ◽  
Innovative Product ◽  
Economic Activities ◽  
Industrial Enterprises ◽  
Innovation Activities ◽  
Innovation Projects ◽  
Implementation Of Innovations ◽  
The Impact

The purpose of this study is to improve the methods for assessing the efficiency of innovation activity of an enterprise. The paper proposes a system of economic indicators to assess the market attractiveness of innovation projects and the readiness of the enterprise to implement them. Using these indicators, it is possible to predict the potential of an innovative product on the market, as well as to determine the financial and economic opportunities of the enterprise. The presented methods for assessing the impact of innovations on the development efficiency of the enterprise’s economic activities allow determining the growth rates of the main economic indicators of the organization. The developed mechanism for a comprehensive assessment of the implementation of innovations at the enterprise allows determining the commercial effectiveness of the introduction of innovations and the impact of new technologies on the intercompany results of the enterprise, resulting in the possibility of taking into account the commercial and intercompany efficiency of investment in projects.

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 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 APPROACHES TO STATE STIMULATION OF INNOVATIVE ACTIVITY OF INDUSTRIAL ENTERPRISES

2021 ◽  
pp. 106-115
Author(s):  
D. A. Stepanenko ◽  
A. A. Ermolina
Keyword(s):  
National Economy ◽  
Innovation Policy ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Important Indicator ◽  
Industrial Enterprises ◽  
The Usa ◽  
The Impact ◽  
Stimulation Of

The Russia’s innovative development is the most important indicator of the competitiveness of the national economy. By implementing an innovation policy, the state stimulates the innovative activity of industrial enterprises. The study analyzes the impact of changes in the regulatory framework in the Russian Federation on the level of innovation development and the country’s position in the world ranking of innovative activity. The article reviews the tendencies of foreign government stimulation of business innovation activity on the example of the USA, India and Sweden and draws a conclusion about the significant role of the state and the need for targeted financing of enterprises’ innovative activities. Comparative analysis and diagnostics of innovation policy problems, analysis of the rating of innovation activity, forecasting the costs of technological innovation, determination of criteria for innovative activity of industrial enterprises were used as research methods. As a result, the proposed approaches to stimulate the innovative activity of industrial enterprises, taking into account the differentiation of enterprises by the addressee, channels, frequency and method of implementation of incentives. The introduction of the proposed approaches will increase the innovative activity of industrial enterprises, which will lead to an increase in the competitiveness of the national economy.

scholarly journals Improvement of Innovative Projects Management and Revival of Innovation Activities of Ukrainian Enterp

2021 ◽  
pp. 84
Author(s):  
Olha Sobko ◽  
Ihor Krysovatyy
Keyword(s):  
Project Management ◽  
Research Abstract ◽  
Innovative Activity ◽  
Added Value ◽  
Innovation Activity ◽  
Innovative Project ◽  
Industrial Enterprises ◽  
Innovation Activities ◽  
Intellectual Capacity ◽  
Modern Form

Introduction. The wider application of the benefits of project management in the organization of innovation is seen as an effective tool for revitalizing the innovation activities of modern enterprises. Innovative project is a modern form of organization of innovation processes, which allows to generate intellectual added value to increase innovation and competitiveness of enterprises. The expediency of improving the management of innovative projects on the basis of increasing their intelligence to increase the innovation and competitiveness of enterprises is substantiated.Purpose is to substantiate the directions of improving the management of innovative projects to revive the innovative activity of Ukrainian enterprises.Methods. In the process of research a set of general scientific and special methods was used. In particular, historical and logical methods were to study theoretical foundations of project management approaches in the organization of innovation; analysis and synthesis - to compare the main approaches to the interpretation of concepts and methods of calculating the rate of intelligence of an innovative project; correlation-regression analysis - to build predictive models of changes in innovation activity of industrial enterprises and sales of innovative products; graphic method - for visual presentation of the results of analytical research; abstract-logical - for theoretical generalization and formulation of conclusions.Results. Research proves that innovative projects are a modern form of organizing innovative activities in the context of increasing crisis, rapid digitalization and globalization of economic processes, which can provide a constant increase in innovation and competitiveness of enterprises. The implementation of an innovative model of doing business requires the search for progressive ways to improve the management of innovative projects of enterprises. The concept of “management of innovative projects as an impact on groups of people in order to organize and coordinate their activities aimed at strengthening the intellectual capacity of the project, which provides intellectual added value, increasing innovation and competitiveness of the enterprise” has been clarified. The forecast models of changes of innovatively-active industrial enterprises of Ukraine and dynamics of realization of innovative production of the enterprises for an estimation of efficiency of the organization of innovative activity at micro level are constructed. The necessity of reviving the processes of development and implementation of innovative projects as an important factor in increasing the innovative activity of enterprises is proved. The factors that have a negative impact on the interest of enterprises in the implementation of innovative projects, which exacerbates the decline in innovation activity in the Ukrainian business sector, have been systematized. The directions for improvement of innovative projects management aimed at strengthening the intellectual capacity of the project, generating intellectual added value, which allows to intellectualize production and commercial processes, revive innovation activity and increase the innovation of the enterprise are substantiated.Discussion. Transformation of economic systems, increasing the number and scale of today’s challenges will require further strengthening of enterprise innovation, due to the need to form competitive advantages, increase the environmental and social component of business as a result of innovative projects. The expediency of project management development in the organization of innovative activity of Ukrainian enterprises is actualized. The directions for improvement of innovative projects management in order to increase their intellectual and science-intensiveness for the decision of problems of revival of innovative activity of the enterprises are substantiated.

PRAGMATIC ROLE OF FINANCIAL MECHANISMS IN THE PARADIGM OF INNOVATIVE DEVELOPMENT: DOMESTIC AND WORLD TRENDS

2019 ◽  
pp. 154-170
Author(s):  
Tatyana SITASH SITASH
Keyword(s):  
The State ◽  
Entrepreneurial Activity ◽  
Innovation Activity ◽  
High Tech ◽  
Coherent System ◽  
Innovative Development ◽  
Innovation Development ◽  
Innovation Activities ◽  
State Financing

The pragmatic role of financial mechanisms in the paradigm of innovation development on the basis of fundamental principles of national science and practice is explored. It is proved, that the key parameters of modern innovation development show steady tendencies of decreasing entropy of financial mechanisms of the state. It was clarified that the transfer of emphasis on the use of advanced technologies, the transition to the release of high-tech products, the adoption of progressive organizational and managerial decisions in innovation activities should be based on the principles of innovation imperative and autocratic mechanisms in the country's economic policy. It was stated that the intensification of innovation processes in the state should be based on the principles of interaction between subjects of scientific and technical and entrepreneurial activity, in particular, to minimize the consequences of changes in the structure of economic activities. It has been established that the paradigm of innovation development requires the formation of an effective financial policy of the state, the main tasks of which are activation of innovation activity of economic entities and the creation of a coherent system of their financial support, taking into account an effective financial mechanism. This will be facilitated by systematization of state financing and stimulation of innovative development of the national economy.

Innovative measurement of structural transformations in the economy of large cities of Ukraine

2019 ◽  
pp. 7-15
Author(s):  
Iryna Leshchukh
Keyword(s):  
Structural Transformations ◽  
The State ◽  
Innovation Activity ◽  
High Tech ◽  
Large Cities ◽  
Low Level ◽  
Organizational Conditions ◽  
Contemporary World ◽  
Industrial Enterprises ◽  
Innovation Activities

The purpose of the article is to study the innovative dimension of structural transformations of the economy of large cities of Ukraine on the example of industrial enterprises. For this purpose, the author analyzes the dynamics of the quantity, structure and concentration of innovative active industrial enterprises in the big cities of Ukraine; the dynamics and structure of innovations (introduction of new technological processes and development of innovative types of products); indicators of the implementation of innovative products. In order to compare, the article provides statistical information on innovation activities in Ukrainian industry as a whole, as well as in Polish industry. The paper establishes that financial constraints remain to be the main factor inhibiting the innovation activity of domestic industrial enterprises due to acute shortage of own financial resources, which are the main source of financing of innovation activity. The main institutional and organizational problems of activation of innovation activity in industry are named, in particular: 1) low level of innovation and executive culture, insufficient enforcement of laws and violations of legislation; 2) absence of coordinated activity of state, regional authorities and local self government bodies aimed at the country's innovative development; 3) the lack of integrated application of mechanisms of state influence to achieve innovation priorities; 4) insufficient development of innovation infrastructure; 5) low level of innovation activity of small industrial enterprises; 6) there is almost no cooperation between the state, science and business in the priority sectors for the national economy. The problems associated with human resources provision of high-tech development are sharp for Ukraine. The solution of this problem is seen in improving the quality of technical education and ensuring its compliance with contemporary world trends and requirements; forecasting and monitoring of the state order for specialists in technological specialties, etc. The prospect of further research on the subject of the article is the search for ways to create favorable institutional and organizational conditions for increasing the innovation activity of industrial enterprises.

scholarly journals Substantiation the components of the state regulation potential realization assessment of enterprises innovative activity

2020 ◽  
pp. 6-10
Author(s):  
Maryna HOMON
Keyword(s):  
Positive Impact ◽  
State Regulation ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
State Budget ◽  
Tax Revenues ◽  
Innovation Activities ◽  
Support For Innovation ◽  
Tax Benefits

Introduction. Since it is necessary to increase the efficiency of innovation of enterprises, increase tax revenues to the state budget and reduce the level of losses of the state budget and innovation expenditures of enterprises, there is a need to assess the potential of state regulation for innovation as one of the priority areas of economic development. The purpose of the paper is to carry out the analysis and substantiation of components of an estimation of realization of potential of the state regulation of innovative activity representing indicators of expediency, efficiency and the introduced tools efficiency of the state regulation in innovative activity. Results. To analyze the feasibility, a forecast of the amount of lost budget revenues in the form of provided tax benefits was performed using trend analysis. On a positive note, the projected loss of budget revenues due to the operation of tax benefits, although high, is likely to decline. Given the target orientation of innovation benefits, the main criteria for their effectiveness are materiality for taxpayers (importance as a source of funding for innovation costs) and increase innovation activity. The change in tax benefits may well lead to an increase in tax revenues, tax benefits can have a positive impact on the formation of tax revenues, which is a confirmation of the effectiveness of tax benefits for the state. In order to qualitatively assess the effectiveness of tax benefits, it is necessary to put into practice the concept of tax costs, as well as to optimize the process of collecting and publishing information on the use of tax benefits. Conclusion. Thus, the components of the assessment of the realization of the potential of state regulation of innovation activities of enterprises in terms of providing tax benefits to the regulatory instrument, which reflects the principle of stimulating innovation, were analysed and substantiated. The evaluation of these components makes it possible to substantiate practical recommendations for increasing the level of potential of state regulation by reforming the methods and tools of state support for innovation of enterprises. It is determined that the provision of tax benefits in innovation has positive trends in the components of expediency and effectiveness, but the component of the effectiveness of tax benefits requires further research.

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.

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