Assessment Of Innovative Development Research Articles

ASSESSMENT OF THE PROFITABILITY OF INNOVATIVELY ACTIVE ENTERPRISES OF UKRAINE

The article proposes a methodology for assessing the profitability of innovatively active enterprises of Ukraine. The evaluation of the actual annual profit of the business using the indicator of economic added value (economic profit) is argued, since the accounting profit is not a qualitative characteristic of innovative development. An important remark in the context of this study is the assessment of innovative development, more specifically, the innovative activity of enterprises – in a relatively stable economic time that preceded the war in Ukraine. Because it is clear that a return to the previous indicators and surpassing them is possible only in a relatively stable economic environment. It remains obvious that the increase in the added value of products can be achieved by reducing the volume of intermediate consumption, with the help of improving integration processes, in the creation of chains of added value of products, renewal of production assets, scalability of enterprises, increasing the level of technical and technological equipment of Ukrainian enterprises. Proposals have been made regarding the general system of assessing the business value of innovatively active enterprises of Ukraine. This study is designed to outline the main prospects for the development of innovatively active enterprises of Ukraine. It is emphasized that for the analysis of the mutual influence of innovative activity and indicators of economic efficiency, it is worth applying more progressive indicators for profit, such as economic added value, market added value, managerial added value, a balanced system of indicators.

ОЦІНКА СТАНУ БІЗНЕС-СЕРЕДОВИЩА УКРАЇНИ У КОНТЕКСТІ ІННОВАЦІЙНОЇ ДІЯЛЬНОСТІ

In this study, an analysis of the development prospects of innovatively active enterprises was carried out using the example of the most successful functioning Ukrainian enterprises. It is proposed to estimate the actual annual profit of the business using the indicator of economic added value, which is correlated with the indicators of the efficiency of innovative activity. The evaluation of the actual annual profit of the business using the indicator of economic added value (economic profit) is argued, since the accounting profit is not a qualitative characteristic of innovative development. An assessment of the profitability of the leading innovatively active enterprises was carried out – SE «Prozorro», LLC «Nova Poshta», JSC «Farmak», LLC «Scientific and technical complex «Metalurh», SE «Southern State Design and Research Institute of the Aviation Industry», PJSC «Interpipe». For the overall assessment of efficiency, the weighted average cost of capital, the indicator of economic added value, the return on capital of each of the analyzed enterprises, gross profit and net financial result were calculated. At the same time, it is noted that the cost of equity capital reflects the riskiness of investing in the company's equity capital, while the cost of debt capital is the risk of default by the company and tax benefits associated with the use of borrowed funds. An important remark in the context of this study is the assessment of innovative development, more specifically, the innovative activity of enterprises – in a relatively stable economic time that preceded the war in Ukraine. Because it is clear that a return to the previous indicators and surpassing them is possible only in a relatively stable economic environment. It remains obvious that the increase in the added value of products can be achieved by reducing the volume of intermediate consumption, with the help of improving integration processes, in the creation of chains of added value of products, renewal of production assets, scalability of enterprises, increasing the level of technical and technological equipment of Ukrainian enterprises. Proposals have been made regarding the general system of assessing the business value of innovatively active enterprises of Ukraine. This study is designed to outline the main prospects for the development of innovatively active enterprises of Ukraine.

Criteria-based assessment of innovative developments

The complexity of innovation processes is associated with a high level of uncertainty in the results of bringing innovations to the market and their commercialization. The key task in the innovative development of business entities is the preventive assessment of innovations and the selection of the most promising for the implementation of innovative developments. This circumstance requires research and detailed elaboration of the methodological apparatus for assessing innovative developments. Purpose of the work: to carry out a criterion assessment of promising for the implementation of innovative developments, the transfer of which will provide a high level of return on investment, and will lead to an increase in the innovative activity of business entities. Research object: innovative developments (creation of our own, acquisition, copying). The proposed assessment of innovative development is based on the calculation of two criteria: payback period and versatility. The choice of the "payback period" criterion is based on two aspects. First of all, it determines the period for which the invested funds will be returned to the investor and determines the "profitability" of investments in innovative developments, since its calculation is directly related to cost and profit indicators. Evaluation of the quality indicators of the criterion "universality": novelty, inventive step, applicability, compliance with standards, the presence of competitors in the market is carried out by a point method with the help of experts. The results of the assessment reflect the recommendations on the effectiveness of the implementation of innovative developments, complement the overall assessment of innovative activities, in terms of including in the cost of new products the costs of creating an innovative development from a model within the framework of R&D, for the development of production and other possible costs associated with bringing the innovative development to use in production and commercialization.

Research of the innovative development of the Russian Federation regions and its impact on the eco-friendliness of the economy based on neural network cluster analysis for the purpose of economic security

This article is devoted to the assessment of innovative development of the Russian Federation regions using self-organizing Kohonen maps. The relevance of this paper is due to the need to develop various criteria for making decisions on state support for regions, the use of which will allow to conduct a comprehensive assessment of regional development. Its findings should serve as a reliable, high-quality source of information about the feasibility and type of support for a particular region. The study provides a justification for a set of indicators that are used in conducting cluster analysis. The methodology developed by the authors provides an opportunity to divide the regions into clusters, conduct their quantitative and qualitative analysis, and further predict the key indicators of the regions based on their belonging to different clusters. All this allows to study regional innovative development in dynamics. The authors draw a conclusion about the uneven innovative development of the Russian regions and the ambiguity of connections between the indicators of the share of organizations engaged in technological innovations and the degree of environmental friendliness of the economy. The findings of this study will be useful to public authorities when making decisions on the allocation of budgetary funds for the development of territories.

Assessment of innovative development of the regional economy by multiple analysis methods

The article studies the system of indicators characterizing the innovative development of regions. A hierarchical classification of the subjects of the Volga Federal District of the Russian Federation by indicators characterizing the results of innovative activities of organizations, including agricultural enterprises, has been performed. A comparative analysis of the regions by the level of innovative development is carried out. Regularities are revealed, prospects for further development are determined. For each cluster, promising areas of innovative economic development are identified. The connection of science and production, leading to innovative development, is shown.

INTERREGIONAL COMPARATIVE ANALYSIS OF NON-TECHNOLOGICAL INNOVATIVE ACTIVITY IN ORGANIZATIONAL INNOVATIONS

Regional innovative development in modern economic conditions depends not only on technological innovative development, but also on development extent in non-technological sphere. Marketing, organizational and ecological innovations are non-technological innovations. Organizational innovations have the leading role. Production program and realization (executed works and services), production quality and demand (goods, works and services) and market competitiveness in general depend on organization innovations implementation. In Russian practice, unfortunately, not much attention is paid to organizational innovations though leading foreign countries experience proves urgent need of their study and activation. Main goal of this research study is carrying out interregional comparative analysis of non-technological innovative activity in organizational innovations. This article describes carried out assessment of innovative development in the field of organizational innovations at state level, federal districts and regions of the Russian Federation. This study allows defining the main state tendencies, revealing leading federal districts and regions. Carried-out industry analysis of innovative activity in the field of organizational innovations has interesting results. According to this analysis it is possible to reveal main branches of organizational innovative development. This article also shows interstate research of organizational innovative development level. This research allows defining the place of the Russian Federation among leading foreign countries. There are conclusions about innovative development and recommendations about improvement of the existing situation.

Анализ подходов к оценке инновационного развития экономической системы региона

Анализ подходов к оценке инновационного развития экономической системы региона

Модель компетентности организации как инструмент оценки инновационного развития

Модель компетентности организации как инструмент оценки инновационного развития