Optimization of investment resource flows for the development of innovative activities at the enterprise
https://doi.org/10.20914/2310-1202-2022-2-400-406
Abstract
The article deals with issues related to optimizing the flows of investment resources for the development of innovative activities at the enterprise. The purpose of optimizing the flows of investment resources for the development of innovative activities at the enterprise is to increase the efficiency of activities, expressed in capturing commercial markets through the introduction of competitive innovative products and increasing the profitability of investments, as well as in maintaining the qualifications of personnel and efficient and timely renewal of production assets. Consequently, the optimization of innovation and investment activities at enterprises will be such coordinated and mutually conditional strategies for directing investment resources and selecting innovative projects, in which the enterprise will be able to achieve its strategic goals under conditions of continuity of the innovation process and uninterrupted financing, which will allow the enterprise to offer new developments and upgraded products in time, responding to the requirements of customers in more perfect products. The authors conducted a factor-by-factor integral investment analysis, which allowed us to determine the degree of dependence of the volume of investments in innovation. The practical significance of the study lies in the fact that the evaluation results can serve as an information base for making managerial decisions that allow to activate the development of investment processes at the enterprise.
About the Authors
Y. P. AnisimovDr. Sci. (Econ.), professor, st. 20-letiya Oktyabrya, 84, Voronezh, 394006, Russia
I. V. Kuksova
Dr. Sci. (Econ.), professor, st. Timiryazeva, 8, Voronezh, 394087, Russia
E. A. Gubertov
Dr. Sci. (Econ.), associate professor, Leninsky Ave., 119 A, Voronezh, 394033, Russia
A. Y. Zhilnikov
Dr. Sci. (Econ.), associate professor, Leninsky Ave., 119 A, Voronezh, 394033, Russia
I. S. Igolkin
Dr. Sci. (Econ.), associate professor, Leninsky Ave., 119 A, Voronezh, 394033, Russia
References
1. Bezrukova T.L., Larionov V.G., Kuksova I.V. Analytical assessment of social, environmental and economic indicators for the balanced development of the economy of the region. IOP Conference Series: Earth and Environmental Science. IOP Publishing, 2019. vol. 392. no. 1. pp. 012058.
2. Lyutikov D.A. Key aspects of management of small innovative enterprises. Bulletin of the University. 2015. no. 9. pp. 66–69. (in Russian).
3. Anisimov Yu.P., Zhuravlev Yu.V., Kuksova I.V., Balabanova L.I. and others. Spatial analysis of the development of the innovative potential of enterprises. Proceedings of VSUET. 2019. no. 1 (81). pp. 391–397. (in Russian).
4. Gribovsky A.V., Ilyina I.E., Parfenova S.L. Methodology for assessing small innovative enterprises applying for state support for experimental design and technological work. Economics: yesterday, today, tomorrow. 2016. vol. 6. no. 10A. pp. 38–48. (in Russian).
5. Fashiev Kh.A. Model of management of innovative activity of the enterprise. Handbook. Engineering magazine with application. 2013. no. 8. pp. 33-44. (in Russian).
6. Ivanov D.V. Modern approaches to managing the innovation activity of an industrial enterprise. Problems of Economics and Management. 2015. no. 1 (41). pp. 53-55. (in Russian).
7. Mowery D.C. Military R&D and innovation. Handbook of the Economics of Innovation. North-Holland, 2010. vol. 2. pp. 1219–1256. (in Russian).
8. Gracheva N.V., Odinochenkov V.V. Improving the management of innovative activities of industrial enterprise. Bulletin of the Bryansk State University. 2014. no. 3. pp. 174-182. (in Russian).
9. Fagerberg J., Fosaas M., Sapprasert K. Innovation: Exploring the knowledge base. Research policy. 2012. vol. 41. no. 7. pp. 1132–1153.
10. Carlsson B. Internationalization of innovation systems: A survey of the literature. Research policy. 2006. vol. 35. no. 1. pp. 56–67.
11. Blank I.A. Fundamentals of financial management. vol.2.; 4th ed., ster. Moscow, Omega-L, 2012. 674 p. (in Russian).
12. Belikova I.P. The specifics of innovation management processes at enterprises. Vestnik APK Stavropol. 2016. no. S3. pp. 35-38. (in Russian).
13. Shmatko A.D. Organization of innovation activities of manufacturing enterprises: modern conditions and existing approaches. Bulletin of economic integration. 2009. no. 3. pp. 155-159. (in Russian).
14. Emelyanovich A.A., Kulyagina E.A., Tsurkan E.V. Improving the efficiency of management of innovative activities at the enterprise. Innovative development of the economy. 2016. no. 6-1. pp. 20-24. (in Russian).
15. Frolova L., Zhadko K., Ilyash O., Yermak S. et al. Model for opportunities assessment to increase the enterprise innovation activity. Business: Theory and Practice. 2021. vol. 22. no. 1. pp. 1-11. doi:10.3846/btp.2021.13273
16. Kurpayanidi K.I. The typology of factors of increasing the innovative activity of enterprise entrepreneurs in the industry. ISJ Theoretical & Applied Science. 2018. vol. 10. no. 66. pp. 1. doi: 10.15863/TAS.2018.10.66.1
17. Hnatenko I., Orlova-Kurilova O., Shtuler I., Serzhanov V. et al. An approach to innovation potential evaluation as a means of enterprise management improving. International Journal of Supply and Operations Management. 2020. vol. 7. no. 1. pp. 112-118.
18. Blokhina O.A., Beketova O.N., Kuzmina E.E., Lebedeva O.Y. et al. Improving the technology of innovation systems management at an enterprise. International Journal of Civil Engineering and Technology. 2018. vol. 9. no. 13. pp. 137-143.
19. Sherifi I., Andrushchenko H., Vankovych D., Solokha D. et al. Strategic management of industrial enterprise innovation potential development. Academy of Strategic Management Journal. 2020. vol. 19. no. 6. pp. 1-8.
20. Chell E., Nicolopoulou K., Karataş-Özkan M. Social entrepreneurship and enterprise: International and innovation perspectives. Entrepreneurship & Regional Development. 2010. vol. 22. no. 6. pp. 485-493. doi: 10.1080/08985626.2010.488396
Review
For citations:
Anisimov Y.P., Kuksova I.V., Gubertov E.A., Zhilnikov A.Y., Igolkin I.S. Optimization of investment resource flows for the development of innovative activities at the enterprise. Proceedings of the Voronezh State University of Engineering Technologies. 2022;84(2):400-406. (In Russ.) https://doi.org/10.20914/2310-1202-2022-2-400-406