MODERN SOURCES FOR FINANCING INNOVATIVE PROJECTS AT THE INDUSTRIAL ENTERPRISES IN THE CONDITIONS OF INSTABILITY OF MARKET ENVIRONMENT

Journal Title: Сталий розвиток економіки - Year 2018, Vol 39, Issue 2

Abstract

Purpose. The aim of the article is to research of the latest sources of financing of innovative projects; identification of modern trends in the financing of innovation activities, in particular, crowdfunding; assessment of financing features through the use of venture capital and financing of business angels at industrial enterprises in Ukraine; identification of problems in the field of financing innovative projects and the formation of ways to solve them at industrial enterprises. Methodology of research. The solution of the tasks set in the article is carried out with the help of such general scientific and special methods of research, namely: the method of analysis and synthesis, economic generalization – to study the existing sources of financing innovative projects; a dialectical approach – to determine modern trends in the financing of innovation activities, the main types; statistical method of data processing – in assessing the peculiarities of financing innovative projects at industrial enterprises of Ukraine; the method of comparisons and generalizations – to distinguish problems in the field of financing innovative projects, finding ways to solve them at industrial enterprises. Findings. The modern sources for financing innovative activity are described. It is revealed that the most promising directions of financing innovative projects are crowdfunding, venture funds and financing with the help of business angels. The process of spreading of crowdfunding in Ukraine and in the world is considered. The level of development of innovative activity at industrial enterprises is analyzed. The problems of financing innovative projects of industrial enterprises of Ukraine and ways of their solution are formulated. Originality. It is substantiated that modern sources of financing of innovative projects will allow industrial enterprises to innovate in the process of their activity rationally and economically, which, unlike traditional sources, allow innovating and obtaining expected results much faster. Practical value. The main scientific provisions of the article can be used in the practice of industrial enterprises, which will facilitate the rapid accumulation of financial resources and the subsequent use of funds for innovative purposes.

Authors and Affiliations

Yuliia Shvets

Keywords

Related Articles

PROBLEMS OF STRATEGIC PLANNING AT THE ENTERPRISE

Purpose. The aim of the article is the substantiation of the actual problems of the strategic planning process and the identification of the necessary measures to create an effective system of strategic planning as a too...

TAX ON THE WITHDRAWN CAPITAL AS THE ALTERNATIVE OF INCOME TAX

Purpose is to consider alternatives to the corporate income tax and the rationale for its transformation into a tax on the withdrawn capital. Methodology of research. The method of theoretical generalization and the comp...

ORGANIZATIONAL AND ECONOMIC MECHANISM FOR EFFICIENCY MANAGEMENT OF ECONOMIC ACTIVITIES IN THE INTEGRATED CORPORATE SYSTEMS

Purpose analysis of essence and necessity organizationally economic to the mechanism of management of economic activity in the computer-integrated corporate systems and ground of expedience of forming effective efficie...

THEORETICAL FOUNDATIONS OF PLANNING AN ENTERPRISE ACTIVITY

Purpose. To study the essence of planning, its objectives and principles, determine the sequence of stages of an enterprise activity planning process, identify the problems related to planning and reasons leading to them...

QUANTITATIVE PROVIDING THE LABOR POTENTIAL OF AGRICULTURAL ENTERPRISES IN TERNOPIL REGION IN THE CONDITIONS OF MARKET TRANSFORMATIONS

Purpose – the aim of the article is the establishing of key issues, trends and proportions that define and characterize the quantitative aspect of labor potential of agricultural enterprises in the conditions of market t...

Download PDF file
  • EP ID EP541352
  • DOI -
  • Views 64
  • Downloads 0

How To Cite

Yuliia Shvets (2018). MODERN SOURCES FOR FINANCING INNOVATIVE PROJECTS AT THE INDUSTRIAL ENTERPRISES IN THE CONDITIONS OF INSTABILITY OF MARKET ENVIRONMENT. Сталий розвиток економіки, 39(2), 86-92. https://europub.co.uk/articles/-A-541352