Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)

Improvement of financing system of technological development on Ukrainian agricultural machine-building enterprises

Authors
Nadiia Reznik, Anna Slobodianyk, Valentyna Panasiuk, Anna Ivanova
Corresponding Author
Nadiia Reznik
Available Online October 2019.
DOI
10.2991/mdsmes-19.2019.6How to use a DOI?
Keywords
Financial support, research and technological development, budget financing, investment and innovation activity, innovation activity, informational and technological revolution, non-state funds
Abstract

The article is devoted to the problem of research of prospects of financing of research and design works at Ukrainian agricultural machine-building enterprises, which will provide acceleration of scientific and technological progress in science-intensive and perspective directions of state development. It is proved that for effective implementation of innovative activity of the enterprise, the system of management of its financing must be built taking into account the life cycle of innovations at the enterprise, the scale and organizational legal form of its management. The essence of financing of innovations in the enterprise is characterized, which is expedient to be defined as a complex of measures for providing innovations and innovative activity with financial resources through methods and forms, ways of financing, i.e. in accumulation Ltd. SPE "BILOTSERKIVMAZ" of a certain part of financial resources and its direction towards achievement of goals, the main among which is financing of investment and innovation processes in order to form and implement an innovative model of development. It is substantiated that the proposed innovation cluster as a new scientific and technological formation will contribute to technological re-equipment of industrial enterprises, development of innovative infrastructure of the region, development of industrial production, agrarian sector, improvement of socio-economic status in the region.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
October 2019
ISBN
978-94-6252-800-0
ISSN
2352-5428
DOI
10.2991/mdsmes-19.2019.6How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Nadiia Reznik
AU  - Anna Slobodianyk
AU  - Valentyna Panasiuk
AU  - Anna Ivanova
PY  - 2019/10
DA  - 2019/10
TI  - Improvement of financing system of technological development on Ukrainian agricultural machine-building enterprises
BT  - Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
PB  - Atlantis Press
SP  - 26
EP  - 30
SN  - 2352-5428
UR  - https://doi.org/10.2991/mdsmes-19.2019.6
DO  - 10.2991/mdsmes-19.2019.6
ID  - Reznik2019/10
ER  -