scholarly journals ОСОБЛИВОСТІ ІНВЕСТУВАННЯ ІННОВАЦІЙНОЇ ДІЯЛЬНОСТІ ПІДПРИЄМСТВ

Author(s):  
Асем Давуд

The article presents the research findings on optimization of funding sources, the selection of the structure of sources of investment assets accumulation and developing practical recommendations for effective managerial decision-making on the choice of relevant financing alternatives for innovations funding. Evidence is provided that efficient performance of innovative enterprises contributes to the overall national economic development and makes a significant source of budget replenishment at all levels. Enhancing innovative entrepreneurship is a critical economic driver that challenges effective government support and investment. Under limited availability of investment assets there is an urgent need to identify the best method of their distribution, in particular, to estimate a rational share of investment which could be used to foster innovation activities. Implementation of the national economy and business entities innovative development model depends critically on the availability and accessibility of multiple investment sources. This issue is particularly acute for business which lays the basis for the development of the key sectors of economy. The paper seeks to substantiate an adaptive procedure for the investment structure optimization to facilitate innovative development of economic entities subject to optimality criteria, from the perspectives of both the investment recipient and the investor. A methodological approach has been suggested that allows for better visual perception to evaluate the contribution of particular investment sources in increasing the efficiency of investment process to boost business innovative development, compare different options for choosing the investment structure as well as to optimize the structure of an investment package.

2021 ◽  
Vol 32 ◽  
pp. 03017
Author(s):  
Ludmila Kilimova ◽  
Michael Cherkashin ◽  
Alexey Pykhtin ◽  
Tatyana Kolmykova

The present paper concerns the theoretical and methodological foundations and development of recommended practices for managing the innovative development of food industry business entities. The analysis of scientific and methodological approaches to the management of innovation activities and their possible application to the management of innovative development of food industry enterprises has been carried out. Management of business entities innovative development has been considered as a set of processes and activities of the management cycle, forms and methods of its organization, aimed at ensuring the innovative development of business entities, achieving the stated mission and innovative goals using a targeted impact on the components of the innovation potential. The key problems of innovative development of food industry enterprises have been identified. The article summarizes the dayto-day realities and defines the prospects for innovative development of food industry enterprises amid the pandemic.


2019 ◽  
Vol 17 (3) ◽  
pp. 477-491
Author(s):  
Оlena Iastremska ◽  
Hanna Strokovych ◽  
Oleksiy Dzenis ◽  
Olena Shestakova ◽  
Timur Uman

Investment and innovative development of industrial enterprises is driven by the influence on the sensitive indicators of their activity, which characterize technological singularity. Therefore, it is expedient to define them using adequate economic and mathematical methods that will identify the development and growth points that are characterized by the accumulation of information and are a manifestation of singularity. The purpose of the article is to determine the main sensitive indicators of the investment and innovative development of industrial enterprises, which are the points of technological singularity. The article proposes conceptual provisions for evaluating the investment-innovation activity of enterprises as a basis for their development. These provisions consider the activity of economic entities according to three states (functioning, growth, and development); evaluation of investment and innovation activities, both individually and in conjunction with the official statistical reporting of enterprises using a well-founded minimum sufficient system of partial indicators defined through the multidimensional factor analysis and combined into integral and summarizing indicators; determination of technological singularity points as a result of prediction of partial and summarizing indicators’ values via the neural networks method. A methodological approach is developed to substantiate the technological singularity points, the managerial influence on which is provided by the development of enterprises. The methodological approach is based on considering the investment-innovation activity nonlinearity, both explicit and latent tendencies of development, situationality and variability of its goals, strategic orientation and possible technological singularity of an enterprise. The proposals submitted were implemented based on statistical reports of the machine-building enterprises for 2014–2018.


Author(s):  
Yu. M. Beketnova

The paper presents results of mapping and visualization of financial monitoring data. Measures of deviant activity of financial monitoring objects for the purpose of mapping have been received. The proposed solution can serve as a powerful tool to support the adoption of strategic decisions and macro analysis of the situation in the field of financial monitoring. The approaches proposed in the article to the processing of state data make it possible to implement a new methodological approach to information and analytical support for managerial decision-making in assessing the situation in the field of financial monitoring. The subject of financial monitoring was simulated and the mathematical and methodological tools were selected to solve the problem of mapping deviant economic entities, the simulation result is an infographic of the geographical component of laundering criminal proceeds. To map information about financial monitoring objects, it is necessary to rank them. However, the objects of financial monitoring – business entities, professional participants in the securities market – are described by sets of characteristics, i.e. essentially are objects of vector nature. In mathematics, the ordinal relations for vectors, as is known, are not defined.


2020 ◽  
Vol 22 (3(76)) ◽  
pp. 39-52
Author(s):  
I.V. GRYSHCHENKO ◽  
O.V. PROKOPENKO

Topicality. There is a requirement to study erroneous and untimely adoption of managerial decisions in the field of entrepreneurship in Ukraine combining economic interests of the businesses with the interests of the society and environment as a base to improve the specific tools of the organizational and economic mechanism of managerial decision-making in the field of entrepreneurship development, taking into account the requirements of economic security of Ukraine. Aim and tasks. The purpose of this research is to build a conceptual model of the impact of erroneous and untimely managerial decisions on entrepreneurship development in Ukraine. Under the purpose of the research, the following tasks were identified: 1) to determine the economic essence of erroneous and untimely decision-making in the field of entrepreneurship management; 2) to investigate the impact of erroneous and untimely managerial decisions on entrepreneurship development in Ukraine; 3) to propose a scientific and methodological approach to overcome the negative impact of erroneous and untimely managerial decisions on entrepreneurship development in Ukraine. Research results. The economic essence of erroneous and untimely adoption of managerial decisions in the field of entrepreneurship is been established. We consider that erroneous and untimely managerial decisions are decisions which made in violation of the principles of specificity in time and economic efficiency. The impact of erroneous and untimely adoption of managerial decisions in the field of entrepreneurship is investigated in the article. The depth and duration of the destabilizing impact of erroneous and untimely managerial decisions in the sphere of entrepreneurship are determined mainly by the fact that they significantly accelerate the main processes that underlie the general instability of the modern economic system. Considering the erroneous and untimely decision-making in the field of entrepreneurship management, we can identify eight main areas of their impact: the institutional direction, the financial and economic direction, the social direction, the criminalization of economic relations, inhibition of innovation, external geopolitical impacts, internal geopolitical impacts, and structural economic imbalances of entrepreneurship development. The existence of these impact directions of erroneous and untimely decision-making in the field of entrepreneurship management leads to the destruction of existing and makes it impossible to build effective mechanisms for innovative development of the entrepreneurship, causes the degradation of existing resources and economic potential of Ukraine. A conceptual model for the impact of untimely decision-making in a field of national economy management is designed in the article. Scientific and methodical approaches to overcoming the negative impact of erroneous and untimely adoption of managerial decisions on the balanced development of entrepreneurship are been proposed in this document. This approach can be based on: firstly, on the correct decomposition of the problem – decomposition of the problem of erroneous and untimely decision-making into several main issues with the definition of their significance; secondly, on a systematic survey of experts in this subject to obtain the most accurate specification of the managerial decision, which may consist of a list of parties with their interests and capabilities; besides – on computer modeling of processes occurring in socio-economic systems. It should be noted, that one of the most pressing issues today is the implementation of such an approach to managerial decision-making, which would ensure a sufficiently high level of innovative development of entrepreneurship, combining economic interests of the businesses with the interests of the society and environment. Conclusion. The results of our research allowed us to conclude that erroneous and untimely adoption of managerial decisions in the sphere of entrepreneurship can lead not only to a direct and continuous decline in production capacity, which can be directly expressed in the real waste of labor potential. Overcoming the problem of erroneous and untimely decision-making in the field of entrepreneurship management can contribute to the formation of a rational and balanced spatial structure of the Ukrainian economy; to the development of effective competitive businesses; to the rational use of labor resources, equalization of socio-economic development of Ukraine; to the improving the demographic situation and increasing the life expectancy of Ukrainian population; to the increasing of gross domestic product. Successful practical implementation of the proposed scientific and methodological approach to overcoming the negative impact of erroneous and untimely adoption of managerial decisions is possible only if the objectives of innovative development of entrepreneurship and economic security of Ukraine are properly taken into account.


2020 ◽  
Vol 4 (46) ◽  
pp. 320-325
Author(s):  
N. A. Ischenko ◽  

The article aims at studying the trends in the current state of the innovative activity at Ukrainian enterprises and its financing. The current state of the innovative activity at Ukrainian enterprises is analyzed; the financing of such an activity is explored. Trends in the innovation activities of Ukrainian enterprises during 2015–2019 indicate the presence of significant problems and a low level of innovation development, which, in turn, has a negative impact on product competitiveness and economic development, in general. So, according to the Global Innovation Index-2019, Ukraine ranks 47th among 129 surveyed countries. As for industrial enterprises, only 782 of them are innovatively active, making up 15.8% of their total number. It has been found out that the introduction of innovations in industrial enterprises in Ukraine is slowing down due to the lack of financial resources. The financial resources of enterprises remained the main source for funding innovation during 2015–2019. The role of the state in financing innovation is not significant, so almost the whole financial burden falls on business entities, which naturally hinders the increase in the innovative activity at enterprises. The problems of innovative development of enterprises in Ukraine have been identified and it has been established that the current state of innovation is a consequence of the lack of strategic vision and consistent state policy in transiting Ukraine to an innovative development path. The results of the research carried out shows the necessity of designing the Strategy for innovative activity development till 2030.


Author(s):  
Volodymyr Boreiko

The article examined the prerequisites, potential opportunities and prospects for the innovative development of the national economy. The views of leading foreign and domestic scientists on the role of science and innovation in ensuring the dynamic development of countries are revealed. It was determined, that in the works of these scientists it was substantiated, that the sustainable dynamic development of the national economy can only be ensured by the country, that comprehensively supports the activities of scientific, research institutions and business entities that implement innovative projects. The legislative base of Ukraine and the activity of institutions whose task is to ensure the innovative development of the national economy are analysed. It is highlighted that the legislative and normative acts regulating research and innovation in Ukraine during the period of independence were not systemic and were not provided with full-fledged state funding, which caused the loss of competitiveness of a significant part of domestic products in the Ukrainian and international markets. It is determined that despite the permanent financial and economic crises over the past thirty years, Ukraine has managed to maintain significant scientific, innovative and industrial potential, which, if used effectively, can ensure the renewal of domestic products and access to world markets. It is shown that the priority financial support by the state of research and innovation activities of the relevant entities is the only effective way to ensure the dynamic development of the country. The ways of financial stimulation of innovative renewal and the national economy dynamic development ensuring are proposed. The necessity of increasing government spending on financing scientific activities and introducing benefits for enterprises’ implementing innovative projects has been substantiated.


2022 ◽  
Vol 19 ◽  
pp. 278-291
Author(s):  
Nadya Mironova ◽  
Hanna Koptieva ◽  
Iryna Liganenko ◽  
Ayta Sakun ◽  
Daryna Chernyak

The assessment of the state of the innovation sphere of Poland in relation to the world level shows that Poland has educational and scientific potential allowing to produce scientific ideas and developments but the level of their commercialization remains low. As a result, Poland lags in terms of such criteria for the development of innovation sphere as labor productivity and financial support for innovation activities. The methodological basis of the study is the theory of fuzzy sets and the matrix approach — in modeling the selection of strategies to stimulate innovative development of industrial enterprises. The construction of a matrix of strategies is based on the diagnosis of the total potential of industrial enterprises and the level of its implementation in the innovation sphere. Modeling of the selection of innovation development strategy for industrial entities based on the use of fuzzy set theory in assessing the level of investment attractiveness and innovation potential of enterprises is carried out. Based on the proposed methodological approach, the strategic directions of innovative development of three Polish industrial enterprises are substantiated.


2019 ◽  
Vol 12 (3) ◽  
pp. 77-85
Author(s):  
L. D. Kapranova ◽  
T. V. Pogodina

The subject of the research is the current state of the fuel and energy complex (FEC) that ensures generation of a significant part of the budget and the innovative development of the economy.The purpose of the research was to establish priority directions for the development of the FEC sectors based on a comprehensive analysis of their innovative and investment activities. The dynamics of investment in the fuel and energy sector are considered. It is noted that large-scale modernization of the fuel and energy complex requires substantial investment and support from the government. The results of the government programs of corporate innovative development are analyzed. The results of the research identified innovative development priorities in the power, oil, gas and coal sectors of the fuel and energy complex. The most promising areas of innovative development in the oil and gas sector are the technologies of enhanced oil recovery; the development of hard-to-recover oil reserves; the production of liquefied natural gas and its transportation. In the power sector, the prospective areas are activities aimed at improving the performance reliability of the national energy systems and the introduction of digital technologies. Based on the research findings, it is concluded that the innovation activities in the fuel and energy complex primarily include the development of new technologies, modernization of the FEC technical base; adoption of state-of-the-art methods of coal mining and oil recovery; creating favorable economic conditions for industrial extraction of hard-to-recover reserves; transition to carbon-free fuel sources and energy carriers that can reduce energy consumption and cost as well as reducing the negative FEC impact on the environment.


Author(s):  
Irina Domozhirova ◽  
E. Mihaleva

The article is devoted to the issues of increasing the efficiency of innovative activity of an industrial enterprise, which ensures the implementation of the formed portfolio of innovative projects. Innovative development of economic entities is possible if new requirements to the content, organization, forms and methods of management activity are met [1], which means that tools for monitoring the innovative development of an industrial enterprise, methods for assessing innovative opportunities and the effectiveness of managerial decision-making in innovation are needed [3]. To solve this problem, it is proposed to use the algorithm presented in the article for the formation of a portfolio of innovative projects of an industrial enterprise, including the developed methodology for their selection according to efficiency and feasibility indicators, the use of which in management practice makes it possible to make a reasonable assessment of the possibility of successful implementation of these projects and ensure an increase in the probability of achieving a positive result. The selection of innovative projects according to efficiency and feasibility indicators for PJSC "CADVI" was carried out and a portfolio of innovative projects for this enterprise was formed.


2019 ◽  
pp. 7-12
Author(s):  
N. Vnukova

Problem setting. The development of innovative entrepreneurship is a strategic task of the state’s financial and economic policy. The high NBU discount rate and other risks slow the pace of this growth and limit the proper financial support for innovative entrepreneurship. Analysis of resent researches and publications. The problems of financial support of entrepreneurship was devoted to the work of O.O. Drugov, R. Pukala, materials of the Round Table “Economic and legal problems of development and promotion of economic activity in modern conditions”, etc. Target of research. To facilitate access to finance, global practice demonstrates the importance of applying national and regional programs related to either the direct financing of individual business projects or the creation of favorable conditions for attracting funding. Article’s main body. Examples of world practice for introducing programs to facilitate access to innovation entrepreneurship was considered. According to the statistical reporting, the sources of financing of scientific development by sectors of economic activity was identified, the use of entrepreneurs’ funds is analyzed, the priority of Kharkiv region in implementation of programs of support of innovation implementation was established. Conclusions and prospects for the development. The programmatic approach used to develop innovative entrepreneurship at the local level is an important component of these transformations, but needs to be expanded through funding, in particular through venture funds and other startup startups with international donors. The intrinsic features of small business entities require government support for innovation, which should be facilitated through access to funding from a variety of sources. When expanding the use of regional assistance programs, their methodology should be changed to enhance the capacity to develop innovative entrepreneurship.


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