scholarly journals Assessment of Financial Opportunities for Implementation of Innovation Potential by Mining Enterprises of Non-Ferrous Metallurgy of the North and the Arctic

2021 ◽  
pp. 77-88
Author(s):  
Vyacheslav A. TSUKERMAN ◽  
◽  
Elena S. GORYACHEVSKAYA
Keyword(s):  
Ferrous Metallurgy ◽  
Technological Development ◽  
Public Access ◽  
The Arctic ◽  
Innovation Activity ◽  
Financial Security ◽  
Industrial Enterprises ◽  
The North ◽  
Innovation Potential ◽  
Special Cases

The analysis of methods for assessing the financial opportunities for increasing the economic efficiency of industrial enterprises using absolute and relative indicators and coefficients was carried out. A mechanism for determining financial possibilities for realizing innovative potential of northern mining enterprises of non-ferrous metallurgy, based on the method of assessing the three-component coefficient, which allows choosing the most rational strategy of scientific and technological development, taking into account financial resources and features of production functioning in the northern regions of the Russian Federation, was developed. It is shown that the proposed methodology can be used with limited infor-mation in the accounting statements provided in public access. On the basis of objective indicators, the research of innovation activity of twenty industrial enterprises of non-ferrous metallurgy directly operating in the North and the Arctic and included as subsidiaries and branches of seven largest corporations — PJSC MMC “Norilsk Nickel”, JSC “Mine Karalveem”, PJSC “Acron”, JSC “Mining company “Berelekh”, PJSC “Seligdar”, OJSC “Susumanzoloto”, JSC “Polymetal” for the period 2013–2019 was carried out. Studies showed the dependence of the innovation activity of northern enterprises of non-ferrous metallurgy on the level of financial security revealed by the method of assessing the three-component coefficient. Scientifically substantiated possibility of developing and implementing a strategy of innovation development of enterprises for the medium and long term periods based on the level of financial security is shown. Enterprises with high financial security or in special cases (with additional investments with normal financial security) are able to generate innovation technologies. As the analysis has shown, the majority of northern enterprises have low financial security, which does not allow them to count on effective innovative development without attracting a significant amount of targeted investments.

scholarly journals RELATIONAL STRATEGIES AS A FACTOR OF THE INDUSTRIAL POLICY OF ENTERPRISES OF THE RUSSIAN NORTH AND ARCTIC

2020 ◽  
Vol 68 (2/2020) ◽  
pp. 83-94
Author(s):  
V. A. Leventsov ◽  
◽  
V.V. Gluhov ◽  
Keyword(s):  
Development Strategy ◽  
Industrial Policy ◽  
Far East ◽  
Economic Recession ◽  
Arctic Region ◽  
The Arctic ◽  
Industrial Enterprises ◽  
The North ◽  
In The Beginning ◽  
Relational Strategies

In the beginning of this year, key development priorities of the Arctic region of Russia were presented, which should become the basis for the Development Strategy of the Russia Arctic until 2035 prepared by the Ministry of the Far East and Arctic Development. Its main goal is to improve the level and quality of life through development of human capital, balanced spatial development, development of the economy of renewable natural resources (local production), implementation of large investmentand infrastructure projects, environmental management, etc.Accordingly, industrial enterprises of the North and the Arctic of Russia are faced with the most important task of producing competitive, innovative products, which requires consolidation of allkinds of resources that are always lacking, especially during the economic recession, low oil prices and the coronavirus pandemic.The purpose of the article is to show the role of the use of the relational strategy by industrial enterprises of the Northand the Arctic of Russia as an important factor in their industrial policy.Relational strategies of enterprises mean strategies aimed at forming their relational space as a set of links between them that create partnership advantages in order to obtain relational profit for participants.The article presents the authors’ model for forming relational strategies, consisting of five stages with their description, an algorithm for assessing relational interaction, and also considers the use of relational strategy as an important factor in the industrial policy of enterprises of the North and the Arctic of Russia.

scholarly journals DIRECTIONS OF ACCOUNTING AND ANALYTICAL PROVISION FOR THE INVESTMENT IN INNOVATIONS OF FOOD INDUSTRY ENTERPRISES

2019 ◽  
Vol 3 (43) ◽  
pp. 36-54
Author(s):  
Nina Dorosh ◽  
Alina Snetkova
Keyword(s):  
Economic Development ◽  
Financial Reporting ◽  
Food Industry ◽  
Large Scale ◽  
Accounting Standards ◽  
State Level ◽  
Innovation Activity ◽  
Processing Industry ◽  
Industrial Enterprises ◽  
Innovation Potential

Nowadays, innovation activity is becoming the most important factor of economic development. The scale and effectiveness of innovation are the major contributing items, which determine the level of socio-economic development of the country and its national security. The large-scale and multi-vector changes of recent decades have transformed a significant part of the world's socio-economic processes. The speed of change has significantly accelerated, and competitiveness is increasingly determined by innovations. There is a need to study the innovative component of investment. Ukraine faces objectively necessary investment processes for transition to an innovative model of development. Taking into account these trends, the question about the theoretical coverage of the main approaches and the display of information on the costs of innovation of enterprises in Ukraine, adhering to national and international accounting standards, becomes of particular urgency. Thus, the author considers the accounting and analytical support issues of innovative activity of enterprises of the processing industry, in particular, the food industry of Ukraine. A thorough analysis of approaches to the interpretation of the definition of "innovation" has been conducted. Component analysis of national and international statistical indicators of Ukraine's innovation potential has been carried out. The dynamics of the introduction of innovations in industrial enterprises by types of activities and directions of innovations is presented. The features of cost accounting for innovations in processing enterprises (on the example of enterprises of the food industry) were investigated and accounting approaches were adopted for ensuring the costs of innovations and R & D taking into account the accounting standards and international financial reporting standards. Specific objects of accounting, accounts of synthetic and analytical accounting are outlined. The author has proved that the use of the proposed approaches to accounting for investment in innovations requires additional regulation both at the state level and at the enterprise level. The measures for improving the accounting of investments in innovations of the enterprises of the processing industry are proposed, and the creation of a unified method of accounting for the costs of innovations is proposed.

scholarly journals ІНСТИТУЦІЙНІ АСПЕКТИ УПРАВЛІННЯ ПОДАТКОВИМ ПОТЕНЦІАЛОМ ПРОМИСЛОВОСТІ

2021 ◽  
pp. 58-67
Author(s):  
Віталій Анатолійович Омельяненко
Keyword(s):  
Tax Policy ◽  
New Technologies ◽  
Entrepreneurial Activity ◽  
Practical Significance ◽  
Innovation Activity ◽  
Innovative Development ◽  
Tax Base ◽  
Investment Activity ◽  
Industrial Enterprises ◽  
Innovation Potential

The priority direction of tax policy is the formation of tax potential, which includes the creation of conditions for the intensification of entrepreneurial activity, the formation of active development actors, the expansion of sources of tax revenue, the stimulation of innovation and investment activity. At the same time, in Ukraine, the lack of systemic directions of tax incentives for innovation in the legislation and practice of tax instruments significantly hinders the development of innovation potential of the economy and reduces its competitiveness. The basis for improving tax policy in the context of innovative development is the institutional component. The purpose of the study is to identify promising institutional aspects of the formation of tax potential in industry. The methodological basis of the study were analytical reviews, regulations, modern scientific and applied research in the field of innovation. The research uses methods of dialectics, methods and principles of scientific knowledge, tools of economic analysis to substantiate proposals for the formation of institutional foundations for the formation of tax potential. The main hypothesis of the study was the assumption that tax policy, which is aimed at developing innovation, largely determines the economic interest of industrial enterprises in the introduction of new technologies, as financial resources released from the tax potential of the enterprise can be directed to its innovation and investment activity. Presenting main material. The strategic task of tax potential management is to increase and strengthen the tax base by stimulating investment and innovation activity; support of enterprises in order to develop production and increase production. The tax potential is considered in the context of institutional innovation projects and smart specialization. An assessment of the prospects for the use of various tax instruments in accordance with the current situation and the need for the transition to adaptive management of tax potential of industry. The originality and practical significance is confirmed by the proposed scientific and methodological approaches to the management of tax potential in the context of innovative development. Conclusions and prospects for further research. Measures to increase the tax potential should include expanding the tax base not only through existing reserves, but also creating a new base through the development of innovation potential. The implementation of the relevant institutional strategy should be aimed not at simple maximization of tax revenues, but at the development of investment and innovation potential with the establishment of favorable conditions for the development of priority projects. Further research will focus on the analysis of the peculiarities of the use of tax tools in the framework of specific institutional and innovative projects of economic development.

scholarly journals Innovation activity of the agricultural enterprises in the North great Plain region

2012 ◽  
pp. 237-240
Author(s):  
Szabolcs Németh
Keyword(s):  
Great Plain ◽  
Innovation Activity ◽  
Economic Changes ◽  
Agricultural Enterprises ◽  
Domestic Markets ◽  
Market Sector ◽  
The North ◽  
Innovation Potential ◽  
Plain Region ◽  
Market Needs

Economic changes have significantly accelarated in the 21th century. In this turbulent market environment enterprises are forced to adapt continously as they must be flexible in order to meet changing market needs. To achieve flexibility companies require innovation. The economic relevance of innovations is significant in every market sector and agriculture is no exception. Re-dynamizing agricultural  nnovations is a possibility for the outburst of the Hungarian agriculture. Agricultural enterprises have to face competitors as well and they should give priority to efficiency, sustainability and competitiveness in order to preserve their position in BOTH global and domestic markets. This study examines the innovation potential of the agricultural enterprises in the North Great Plain region based on public databases and case studies.

scholarly journals The R&D and innovation activity of agribusiness enterprises in Hajdú-Bihar County

2013 ◽  
pp. 67-71
Author(s):  
Szabolcs Németh
Keyword(s):  
Great Plain ◽  
Innovation Activity ◽  
Economic Changes ◽  
Agricultural Enterprises ◽  
Domestic Markets ◽  
Market Sector ◽  
The North ◽  
Innovation Potential ◽  
Market Needs ◽  
Agricultural Innovations

Economic changes have significantly accelarated in the 21th century. In this turbulent market environment enterprises are forced to adapt continously as they must be flexible in order to meet changing market needs. To achieve flexibility companies require innovation. The economic relevance of innovations is significant in every market sector and agriculture is no exception. Re-dynamizing agricultural innovations is a possibility for the outburst of the Hungarian agriculture. Agricultural enterprises have to face competitors as well and they should give priority to efficiency, sustainability and competitiveness in order to preserve their position in BOTH global and domestic markets. This study examines the innovation potential of the agricultural enterprises in the North Great Plain region based on own databases and case studies.

GREAT VICTORY ECONOMY: ARCTIC INDUSTRY DURING THE 1941–1945 WAR

2020 ◽  
Vol 10 (6) ◽  
pp. 1115-1128
Author(s):  
S.S. Vopilovskiy ◽  
Keyword(s):  
Arctic Region ◽  
Energy System ◽  
The Arctic ◽  
North West ◽  
Industrial Enterprises ◽  
The North ◽  
Murmansk Region ◽  
Real Picture ◽  
The City ◽  
Great Victory

The study presents the activities of the leading industrial enterprises of the Russian Federation Arctic zone during the Great Patriotic War. The mechanism of restructuring civilian industrial enterprises of Murmansk on a war footing in difficult climatic, economic and psychological conditions of war is analyzed. The official documents that marked the beginning of the anti-Hitler coalition were examined. The social composition of the population of the Kola Peninsula has been determined. The heroic work of Murmansk residents at the main industrial enterprises of the city is presented. The role of executives is highlighted. The huge contribution of the key enterprises to achieving the Victory is estimated. The key economic indicators of the industrial enterprises’ activities showing the real picture of the economic situation at the industries in the difficult conditions of the Arctic hostilities are outlined. The labor activity of workers of the most important enterprises of the People’s Commissariat for Fishery of the USSR in the city of Murmansk in terms of their industrial importance: seaport, fishing port, shipyard, Kirov railway, Kola regional energy system is presented. It has been determined that these enterprises are still the main economy base of the Arctic region nowadays. The purpose of the study is to assess the Soviet control system in wartime period 1941-1945 for the defeat of Nazi Germany. The preservation and further development of the leading industrial enterprises of the city of Murmansk and the Murmansk region is substantiated. It is determined that the heroic labor of the northerners made a significant contribution to the approach of the Victory. Celebrating the 75th anniversary of the Great Victory of the Soviet people over the enemy, today’s Murmansk residents preserve the bright memory of all residents of the military Murmansk. Today Murmansk is the largest industrial center at the North-West of Russia.

scholarly journals FEATURES OF ENTERPRISES STAFF ADMINISTRATION IN THE INNOVATION CONTEXT

2021 ◽  
pp. 37-46
Author(s):  
Petr Kоrenyuk ◽  
Antonina Zienina-Bilichenko
Keyword(s):  
National Economy ◽  
Innovation Process ◽  
Innovation Activity ◽  
Highly Qualified ◽  
Controlled System ◽  
Local Conditions ◽  
Industrial Enterprises ◽  
Innovation Potential ◽  
Close Relationship ◽  
Complementary Nature

The mechanism of stimulation of employees taking into account the achieved personal results will help to increase the level of interest in reaching the goal of the organization, and to preserve its highly qualified work potential. The main features of innovation by industrial enterprises in the national economy are the long development and testing of innovations, the impossibility in some cases of full appropriation of it’s, the complementary nature of innovation, its close relationship with local conditions and high risk. The task of managing the innovation activity in industrial enterprises of the corporate type of the national economy branches at the present stage can be solved by applying adaptive approaches and adaptive management model. It is based on the formation of the program trajectory of the controlled system for a certain period and the creation of a management system action aimed at eliminating destabilizing disturbances that deviate the controlled system from the program trajectory. The efficiency of the national economy is largely determined by the interaction of science and practice, especially the introduction into production of advanced innovative technologies in industrial enterprises. The analysis of the peculiarities of the innovation process in the national economy shows that the introduction of innovation by enterprises is a process focused on the commercialization of innovations, which reflects the emergence, development and resolution of domestic science and practice, provided by the innovation potential of industrial enterprises.

scholarly journals The state of innovation and information development of agro-industrial enterprises

Ekonomika APK ◽  
2020 ◽  
Vol 311 (9) ◽  
pp. 59-71
Author(s):  
Oksana Zghurska ◽  
Tetiana Somkina
Keyword(s):  
Technological Development ◽  
Methodological Approach ◽  
Practical Significance ◽  
Innovation Activity ◽  
Innovative Development ◽  
Conceptual Approach ◽  
Industrial Enterprises ◽  
Long Run ◽  
Market Opportunities ◽  
Strategic Goals

The purpose of the article is to define the priority strategic directions of agro-industrial enterprises innovation activity on the basis of substantiation the expediency the leading application of technologies and information in the processes of functioning and development of agro-industrial enterprises in the long run. Research methods. The methodical basis of the research were general and special methods, namely: economic analysis, comprehensive analysis – for diagnosing the current state and trends of domestic agro-industrial enterprises’ innovative development, in determining the priority areas of enterprises; systematization and generalization – for substantiating the conceptual approach to the information tools’ development; method of analogies and comparisons – for define and analyze the enterprises’ strategic goals in the direction of innovation processes. Research results. There was identified and defined the main strategic goals of information processes development in agro - industrial enterprises’ economic activity. There have been formed the target structural complex of information resources of the enterprises and it was substantiated the application by the agro-industrial enterprises the corresponding scientific and methodical algorithms for innovation and information development of enterprises in the long run. Scientific novelty. It was proposed a scientific and methodological approach to the development of agro-industrial enterprises’ innovative landmarks with taking into account the restraint factors systems of innovative development, which could be established by selecting and expanding a certain direction of enterprises’ innovative development based on analysis and assessment the internal capabilities (innovative development potential) to external (market opportunities and threats) taking into account the main pace of scientific and technological development and the results of change in the elements of micro- and macro systems of the enterprise infrastructure. Practical significance. There was carried out an analysis of agro-industrial enterprises’ strategic potential in the direction of innovation, which showed a tendency to increase the level of agro-industrial enterprises’ application of the relevant scientific and methodological algorithms of enterprises’ innovation and information reorientation.

scholarly journals Methodological Approach to Determining the Contribution of Patent and Innovation Activity of Universities to the Country Scientific and Technological Development

2021 ◽  
Vol 7 (1) ◽  
pp. 4-18
Author(s):  
A. V. Klypin ◽  
S. S. Vyunov ◽  
E. V. Zaharevich ◽  
R. A. Tikhonov
Keyword(s):  
Higher Education ◽  
Technological Development ◽  
Methodological Approach ◽  
Innovation Activity ◽  
Industrial Enterprises ◽  
Research And Innovation ◽  
Innovation Activities ◽  
Russian Higher Education ◽  
Higher Education Organizations ◽  
Scientific And Technological Development

Scientific and technical activities in Russia are mainly concentrated in scientific organizations and universities. Taking into account the tasks of improving the mechanisms of public administration in the field of intellectual property, the development of tools to stimulate extra-budgetary financing of R & D, as well as the use of scientific results in the production activities of industrial enterprises, it is advisable to identify higher education organizations with significant performance in scientific and technical activities as well as creating and using RID, or leaders in patent and innovation activity, as well as creating and using RID. The tasks set in the study were solved using methods of retrospective analysis, methods of empirical research, including international and Russian approaches to ranking national and foreign universities. The proposed methodology of ranking Russian higher education organizations by the patent and innovation activity can be used for comparative assessment of scientific and technical competence in terms of Strategy of scientific and technological development areas of research. That, in turn, can be used to allocate funds and develop regulatory impact mechanisms for the sector of research and development, including universities and industrial enterprises, to stimulate them to effective research and innovation activities within the framework of scientific and production cooperation.

scholarly journals FORMATION OF THE ACCOUNTING POLICY OF THE ENTERPRISE IN THE CONTEXT OF ENSURING EFFECTIVE INVENTORIES MANAGEMENT IN THE PROCESS OF INNOVATIVE ACTIVITY

2020 ◽  
Vol 1 (3) ◽  
pp. 77-83
Author(s):  
Olha Roieva
Keyword(s):  
Inventory Management ◽  
Financial Statements ◽  
Document Management ◽  
Information Support ◽  
Innovation Activity ◽  
Accounting System ◽  
Industrial Enterprises ◽  
Innovation Potential ◽  
The Impact ◽  
Accounting Policy

The article considers the issues of organization and formation of inventory accounting policy, substantiates its role in the system of information support of inventory management processes and highlights the impact on the effectiveness of inventory management in the process of innovation activity. Based on the study of trends in the share of inventories of industrial enterprises and indicators of innovation development, it is established that inventories are not currently considered as a resource that has a significant impact on the innovation potential of the enterprise, and in combination with financial performance indicates inefficient investment in inventories and inefficient inventory management. It is proved that it is possible to increase the efficiency of inventory management due to the optimal organization of the inventory accounting system, the foundations of which are laid during the formation of accounting policies. The author's approach to understanding the accounting policy in the sphere of inventory accounting, which is considered as a set of principles, methods and procedures used by the company to generate quality, timely, relevant, clear, complete and reliable information about the availability, movement, storage and use of inventories, sufficient to make management decisions aimed at improving the efficiency of inventory management and disclosure of inventory information in the financial statements. Coverage of approaches to the formation of accounting policy is based on a combination of organizational, technological and methodological components of accounting policy. The first (organizational and technological) component includes such elements as: inventory principles, laws and regulations concerning accounting of inventories, forms of primary documents and internal management reporting used for inventory accounting, document management rules and accounting information processing technology, control procedures on the movement of inventories and the responsibility of officials, the procedure and frequency of revaluation of inventories and inventory count, the order of analytical inventory, the unit of natural measurement of inventories for each unit of accounting, the interaction of accounting with other services during the transfer and exchange of inventory. The second component (methodological) reveals the principles and rules of receipt, processing, recording and transmission of inventory information, inventory valuation rules, inventory accounting (development of a working plan of accounts), disclosure of inventory information in the financial statements. It has been considered such main elements of organizational, technological and methodological components: features of the work plan of inventory accounts, the issue of documentation of inventory transactions, the recognition of inventories and their evaluation, document management rules, accounting for transport and procurement costs. Variable elements of inventory accounting policy are identified.

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