Abstract

The efficiency of enterprises in a market economy is based on their ability to quickly respond to rapidly changing economic realities. At the same time, one of the fundamental factors affecting the effectiveness, speed and efficiency of such a response is the presence and use of innovative technologies by an economic entity in its activities. Due to the focus of the modern economy on the development of innovation, state support for innovative enterprises is of key importance, since it is financial assistance from the state that is the foundation for the successful development of an innovative enterprise. The search for ways of state regulation and response, mechanisms, tools of state support is the main task when considering the problem of development of innovative enterprises. At the same time, an increase in innovative activity requires the participation of all public authorities, since in addition to monetary resources, tax policy, including various state benefits, credit policy, etc., should also be directed to solving this problem. In other words, the development of innovative activity and innovative enterprises requires the coordination of all state bodies involved in the regulation of the innovation sphere, which predetermines the relevance of the topic of the present study.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call