The Priorities and the Optimal Structure of Financing the Innovation Costs of the Industrial Enterprises in Ukraine

• Main Authors: Bogutska Olga A., Brukhovetskiy Yaroslav S.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-04-01
• Series: Bìznes Inform
• Subjects: innovative development; financing of innovation costs; industrial enterprises; optimal structure; priority vectors; multi- criterion optimization
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2018-4_0-pages-62_67.pdf

The article is aimed at determining the priorities of investing the innovatively active enterprises and modeling the optimal structure of financing the innovation costs based on multi-criterion optimization. On the basis of applying of the method of analysis of hierarchies, the authors define the vectors of priorities in financing of the innovatively active enterprises of different kinds of economic activity by the criteria of development of external and internal market, employment, and environment-friendly productions. The optimal structure of financing of the innovation costs of enterprises in Ukraine according to the principle of coordination of economic interests of various economic entities such as the State, households and business, is calculated. The results of the research are aimed at optimizing the structure of financing the innovation costs and the structure of capital investments to increase the innovation component of production by types of economic activity in accordance with the objectives of the economic and investment policy of the State under certain institutional conditions.