Tax regulation and environmental entrepreneurship in the context of innovative approaches.

Abstract

Ecological entrepreneurship in conditions of harmonious balanced development is impossible without the use of innovations, in particular, few and almost non-waste technologies. Because of the application of innovations in the form of the development of new technologies, environmental entrepreneurship contributes to solving the problems of economic feasibility and profitability of recycling, neutralization and processing of industrial and domestic waste. Tax regulation of environmental entrepreneurship is a significant factor in its development. To environmental innovations can include such processes as the development and implementation of new technologies, in particular low-waste and almost non-waste. Taxation can become a stimulating factor in the impact on environmental entrepreneurship. Favorable taxation should be used for enterprises of various forms of ownership and management, working in the field of environmental entrepreneurship and engaged in innovative activities. In particular, it can be the introduction of the latest technologies for deep complex processing of industrial and domestic waste. At the same time, an analysis of the factors hampering the implementation of innovations shows that the most significant of them is a lack of own funds and insufficient financial support of the state, high costs of innovation, high economic risk, a fairly long payback period of innovations in certain industries. In general, innovations directly stimulate the development of environmental entrepreneurship. In this case, environmental entrepreneurship will organically complement the state's efforts to recycle waste based on the application of the latest technologies and innovation factor.

Authors and Affiliations

Petr Korenyuk

Keywords

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  • EP ID EP538368
  • DOI 10.31498/2225-6407.17.2018.146824
  • Views 31
  • Downloads 0

How To Cite

Petr Korenyuk (2018). Tax regulation and environmental entrepreneurship in the context of innovative approaches.. Теоретичні і пракичні аспекти економіки та інтелектуальної власності, 1(17), 22-29. https://europub.co.uk/articles/-A-538368