scholarly journals INNOVATIONS AS A TOOL OF FINANCIAL STABILITY OF THE ENTERPRISE

2021 ◽  
Vol 1 (37(64)) ◽  
pp. 61-63
Author(s):  
G. Kaliakbarova ◽  
A. Mukhanov

In the article theoretical issues of the concept of financial stability, options for its increase in the period of uncertain market conditions through the implementation of innovative projects are considered. The authors paid special attention to the influence of innovation processes on the financial stability of the enterprise, and considered the problems associated with the implementation of innovations.

Author(s):  
Andriy Lyubenko ◽  
Ruslana Shurpenkova ◽  
Oksana Sarahman

Introduction. In market conditions, the successful operation of the enterprise largely depends on the level of stability of its financial condition. If the company is financially stable, it has a number of advantages over other companies of the same profile to obtain loans, attract investment, in the selection of contractors and in the selection of qualified personnel. The higher the financial stability of the company, the greater it is regardless   of changes in market conditions and, consequently, the lower the risk of bankruptcy. Therefore, the strategic goal of any business is to ensure financial stability.If the company is financially stable, solvent, it has a number of advantages over other companies of the same profile in obtaining loans, attracting investment, in choosing suppliers and in the selection of qualified personnel. The higher the resilience of the company, the more it is independent of unexpected changes in market conditions and, consequently, the lower the risk of bankruptcy.Purpose. To develop theoretical and methodological approaches to ensure the financial stability of enterprises based on the use of financial analysis tools.Methods. The study was conducted using general and special methods of cognition: observation, statistical, logical and comparative analysis, grouping, generalization and classification, systemic and structural approaches. The total analytical potential of the tools used ensured the reliability of the conclusions and recommendations obtained in the study. Results. The essence and significance of the financial stability of the enterprise are revealed, the directions of strengthening the financial stability of the enterprise by effective use of the tools of financial analysis are outlined. The main functional components that determine the economic stability of the enterprise and a system of measures that provides a timely response to deviations from the planned values of economic stability of the enterprise are identified.Prospects for further research. Prospects for further research are to deepen the methodological foundations of ensuring the financial stability of the enterprise through the tools of financial analysis and the formation of strategies and tactics to ensure the financial stability of enterprises.


Author(s):  
Оleksii Zoria ◽  
Tetiana Bardina ◽  
Yana Radionova

The article provides a scientific and theoretical justification of strategic directions to ensure the investment attractiveness of rural areas on the basis of innovative development of agricultural production. It is determined that the specifics of innovation processes that take place in the agricultural sector, indicates the diversity of regional, sectoral, functional, technological and organizational features of rural development. It is noted that the elimination of factors that negatively affect the innovation process would ensure the accelerated development of innovation infrastructure and intensify innovation to invest in socio-economic, organizational, managerial and technical-technological re-equipment of production in rural areas. To understand the essence of innovation processes in agricultural production and to reveal some of their features, a scheme is proposed that reflects the stages, content and subjects of the innovation process in the agricultural sector. It is established that the innovative development of agricultural production and the mechanism of its management should consist in working out possibilities of stimulation of introduction of innovations for the purpose of radical transformation of rural territories for their orientation on innovative type of development. To do this, it is necessary to ensure financial investment in the development and implementation of innovations in agricultural production, both by the state and by private investors and large enterprises using the tools of public-private partnership. Develop a stable regulatory framework that allows you to clearly regulate the implementation of innovations and successfully address legal issues related to this activity. Provide training for highly qualified personnel capable of creating and implementing innovations, as well as effectively managing the innovative development of rural areas. Provide businesses with information support to better understand the latest developments in the agricultural sector, as well as to respond more quickly to changes and improve the efficiency of the management decision-making process.


2021 ◽  
Vol 1 (1) ◽  
pp. 4-8
Author(s):  
O. I. ZHITYAEVA ◽  

The increased attention to the theoretical issues of activation of innovation processes in the industrial sector is caused by various factors of influence, and primarily by the elimination of the technological gap between Russia and developed foreign industrial countries. To solve this problem, the author suggests focusing the priorities of innovation activity on the activation of high-tech industries. It is shown that domestic enterprises have come close to intensifying the search, development and implementation of the latest technologies, and activation of innovative activities. According to the author, the innovative activity of industrial enterprises primarily depends on the structure of production, enterprise management and organization of innovative activities.


2020 ◽  
pp. 27-34
Author(s):  
Olha POLISHCHUK

The topic being researched is relevant, because in the current market conditions, improving the competitiveness and efficient activity of domestic enterprises compels them to find effective methods of managing their business activities. The article examines the concepts of costs, their economic content, determines the factors of influence on the costs of the enterprise in Ukraine. A number of cost classifications proposed by different authors are investigated and their peculiarity is determined. The main ways to optimize the costs of enterprises. Author's classification of costs is suggested. The main directions of cost optimization of Ukrainian enterprises are given. Adequate research will help solve a number of cost-cutting problems for dairy businesses and other sectors of the national economy. The purpose of the paper is the substantiation of measures to improve cost management in the enterprise in order to increase its effective activity. Costs and optimization of their level per unit of production is an important factor in improving the efficiency of the enterprise, while at the same time improving its competitiveness. Managers and managers are increasingly paying attention to the efficiency of resource use, their rational allocation in order to reduce the costs of production and economic activity, which, as a reserve for increasing the profitability of such activities is the key to financial stability and development of the enterprise Thus, considering the different classifications of factors that affect costs, it is important to emphasize that there is a synergistic effect. This is due to the fact that by influencing the competitiveness of products, factors change each other. High competitiveness of the enterprise is a guarantee of high profit in market conditions. In doing so, the company aims to achieve a level of competitiveness that will help it to function effectively over a long period. Management of the factors provided provides for the use of a number of measures for the systematic improvement of products, the constant search for new channels of sales, new customer groups, ways to improve service, advertising and more.


2021 ◽  
Vol 12 (1) ◽  
Author(s):  
Vera Bulatova ◽  
Anna Kokorina ◽  
Alexander Badeev

The work of any economic system is inseparably associated with innovations. Activating investment and innovation processes is one of the strategic priorities of Russia's economic development ensuring its national security. However, there are a lot of restrictions that deter the development of innovations in the country. The main destabilizing factor is the existing system of financing investment and innovation activities in the country. Despite the existence of surveys devoted to this issue, the study of contemporary problems of financing such an important area as innovations is extremely relevant due to the dynamic development of the economy and the need to meet modern market conditions. The article examines the current state of investment and innovation processes in the country and identifies the main factors that hinder their development in modern conditions. The paper analyzes the contemporary system of financing innovation activities in Russia and assesses the impact of the COVID-19 pandemic on basic indicators of budget financing of innovations.


2020 ◽  
Vol 6 (Extra-B) ◽  
pp. 207-214
Author(s):  
Marat Rashitovich Safiullin ◽  
Vasiliy Aleksandrovich Rylov

This article is devoted to distribution relations. It analyzes theoretical issues related to the distribution of goods produced in the transition of the Russian economy from planned economic management to work in market conditions, considers indicators of mutual interest of the parties to the production process, as well as possible transformations associated with the monopoly position of one of the parties in the production process. On the basis of the material presented in the work, a mechanism is proposed that contributes to the formation of optimal decisions in the distribution of the goods produced.    


2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Mansia Sadyrova ◽  
Kuanish Yusupov ◽  
Bibigul Imanbekova

AbstractThe paper analyzes and assesses the main issues and development factors of innovation processes in Kazakhstan. It is known that in modern conditions of dynamically developing competitive processes and scientific and technological progress, innovations serve as the basis of the national economy and a key factor in ensuring the competitiveness of enterprises. Moreover, today, the economy of the country can successfully compete in the market on the basis of the continuous improvement of goods and services produced as well as the development of new directions. It is also obvious that the development of new products, implementation of innovations and new measures are key performance indicators at both the macro and microeconomic levels. In this sense, an innovative way of socio-economic development of the country is becoming an urgent problem for Kazakhstan. An analysis of the situation shows that in the real sector of the economy, the possibilities of increasing production at the expense of extensive factors are largely exhausted. It is necessary to ensure the modernization of the economy through the introduction of modern technologies and the maximum use of the country’s intellectual potential. The realization of the economic strategy determines the implementation of the main directions of social policy in line with the innovative development of Kazakh society as a whole.


Author(s):  
Viktoriya Bondarenko ◽  
Kateryna Drypka ◽  
Lyudmyla Chobal

Nowadays Ukraine faces the difficult times under the influence of economic and political crises. Therefore, the only perspective way of products’ competitiveness is innovations, in the first place in the areas where there are many resources and opportunities. Agriculture is one of such most important strategic directions of Ukrainian economy. At the same time agriculture is the supporting foundation for the development of many other types of activity and it can substantially influence the development of Ukrainian economy on an international scale. The paper dwells on the nature, features and problems of implementation of innovations in the agriculture of Ukraine. The features of AIS innovation processes in current conditions are defined. Main problems and obstacles to agriculture innovative development in Ukraine are outlined. The authors emphasize the following factors of low innovation activity of agricultural entities: direct attitude of contemporary entrepreneur to innovation processes and understanding of their role in achieving success; lack of state assistance; insufficiency of legislative basis of its provision in Ukraine. Currently Ukrainian agricultural enterprises have a huge capacity for operation at competitive markets as equal partners of global agricultural leaders. Available resources and natural-climate conditions are among their factors of success. However, fast development of technologies dictates new activity conditions to strengthen and improve their positions through innovations. Despite the range of advantages, Ukrainian agro-industrial producers lag significantly behind the advanced innovations and developments in the world. However, there are some examples of successful innovative agri-food companies. Major deterrent factors that cause the low innovativeness of agricultural entities are direct attitude of contemporary entrepreneur to innovation processes and understanding of their role in achieving success, lack of state assistance and insufficiency of legislative basis of its provision in Ukraine.


2018 ◽  
Vol 64 ◽  
Author(s):  
Y.F. Hudz ◽  
Y.B. Kondakova

The theoretical aspects of financial stability for a commercial bank in modern market conditions, the problems of its formation are researched in the article. The main factors influencing the level of financial stability of a commercial bank are described and grouped together. The system of financial stability evaluation is considered in the article, moreover the analysis of the NBU economic norms is carried out. The state of the Ukrainian banking system and its level of stability are determined. Proposed measures to increase the financial stability of banks in order to minimize the risks.


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