Abstract

The modern factors of development of the country’s economy require interdetermination and interdependence of the study of issues of planning of balance of innovative and investment activities, which has a very important meaning for economic systems and determines the scientific interest in this topic. The purpose of this article is the study of theoretical and methodological aspects of planning of well-balanced development of innovative and investment activities and development of practical recommendations, aimed at the increase of efficiency of economic systems. In order to achieve this purpose, the authors used economic and statistical methods of research and methods of economic & comparative analysis. Methodological and practical development was based on the following approaches: process, program-oriented, complex and structural & logical, and methods of comparison and modeling. The authors distinguish the determinants of planning of well-balanced development of innovative and investment activities of economic systems, which, unlike the existing approaches, allowed forming the system of targeted landmarks and limitations which guaranteed the optimal conditions for effective functioning and development of economy of macro-, meso- and micro-levels; the authors offer a program-oriented approach to the well-balanced development of innovative and investment activities of economic systems, the novelty of which consists in the fact that it is used as a modern technology of planning which facilitates solving tasks of limited and creative type, which, in its turn, creates possibilities for creation and support for balance between the volume of investments and development of investment activity. Besides, these recommendations as to formation of balance of investments for the purpose of increase of efficiency of innovative activity contain methods and means for solving problems of well-balanced development and allow implementing analytical, synthetic, and practical interests of all economic subjects in the process of systemic adaptation to the changes of external conditions. The recommendations, formulated in the research, may be used in the work of federal and regional authorities; in the process of improvement of innovative and investment activities of economic subjects of micro-level.

Highlights

  • Innovations and investments, by virtue of their nature, are oriented at long perspective, which cannot be viewed in isolation from planning their well-balanced development

  • The authors distinguish the determinants of planning of well-balanced development of innovative and investment activities of economic systems, which, unlike the existing approaches, allowed forming the system of targeted landmarks and limitations which guaranteed the optimal conditions for effective functioning and development of economy of macro, meso- and micro-levels; the authors offer a program-oriented approach to the well-balanced development of innovative and investment activities of economic systems, the novelty of which consists in the fact that it is used as a modern technology of planning which facilitates solving tasks of limited and creative type, which, in its turn, creates possibilities for creation and support for balance between the volume of investments and development of investment activity

  • The dynamics of economic development of economic systems directly depends on the level of innovative and investment activity of economic systems

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Summary

Introduction

Innovations and investments, by virtue of their nature, are oriented at long perspective, which cannot be viewed in isolation from planning their well-balanced development. The balance of innovational and investment spheres of the economy is an essential condition for intensification of production, increase of its efficiency, provision of high growth rates, and solution of many other important socio-economic problems. The need for intensive change of the structure of economy strengthens the possibility of temporary disproportions and, the necessity for accurate account of the society’s resources and their operative management, and for improving the mechanism of their distribution. This refers to all important factors of reproduction: work force, capital investment, and natural, material, and consumer resources (Boudeville, 1966)

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