Source Of Financing For Enterprises Research Articles

EVALUATION OF THE INFLUENCE OF STATE SUPPORT PROGRAMS ON THE DEVELOPMENT OF INNOVATIVE ENTREPRENEURSHIP

The ultimate goal of innovative entrepreneurship is the development of enterprises that are able to quickly respond to the current market situation, create competitive high-tech products of the new generation and increase demand at the level of world standards. Support for the development of innovative entrepreneurship is provided at the state level. Support programs are aimed at implementing three tasks: supporting new business initiatives, improving the business sector, and supporting export-oriented industries. All areas solve the complex tasks of ensuring sustainable and balanced growth of regional entrepreneurship in non-resource sectors of the economy, creating existing and new jobs. The transition to an innovative economy requires systemic reforms in the field of training, scientific and applied research, support for startups, the transfer of advanced technologies, and the creation of a venture ecosystem. The industrial and innovation policy of the state is implemented in partnership with business. Support measures are provided by the fulfillment of their mutual obligations. Financing of innovative activities of enterprises is carried out at the expense of internal and external sources. Internal financing includes the use of part of the company's profits for innovative purposes. This type of financing is not suitable for small and medium-sized businesses due to limited own resources. The most common external sources of financing for enterprises in Kazakhstan are credit resources, funds allocated directly from the state budget for the implementation of innovative projects.

Crowdfunding in the collaborative economy

This paper is devoted to the concept of crowdfunding, a new, dynamically developing form of raising capital for planned projects, which is also an alternative source of financing for enterprises. The paper is based on literature review. The research methodology used in the study is desk research, which means an analysis of secondary sources. The first part of the paper introduces the concept of crowdfunding, discusses its evolution and specifies factors which allow its identification. Then crowdfunding platforms and their typical elements are analyzed. Afterwards types of crowdfunding are systemized depending on the operating model. The last part concerns the legal aspects of this phenomenon. The concept of crowdfunding should be systematically observed in the order to be able to identify any barriers of its development and take effective stimulation steps without avoiding possible threats for users of crowdfunding platforms.

Integration of capital markets in the European Union from the perspective of Poland

The aim of the single capital market of the EU is the access of all Member States to the funds, according to the same principles, and the diversification of sources of financing for enterprises, paying special attention to the SME sector. The author highlights that the improvement of attractiveness of the capital markets in the EU countries would result in a greater number of investments from the world. This, in turn, would increase the ability of the European economy to respond to shocks and to reduce debt.

O avanço da rede hoteleira em salvador e costa dos coqueiros – 1996 a 2006

This work is an assessment of the progress of recent hotel network in the city of Salvador and Costa dos Coqueiros. They were examined in this study the factors that converge to a new stage of national development, since the Collor Plan, which opens a period of changes in the economy and productive organization in Brazil. The work follows checking the stabilization of the economy, the Real Plan, which articulates a new model of development. These measures build the conditions necessary for the new national plan for expansion of hotels nationally. The development of the hotel network serves the logic of zoning news occurred in the state of Bahia and in the city of Salvador. The work raises the new sources of financing for enterprises and makes an analysis of the situation of the network already installed compared with the changes it passes, and finally examines the positive and negative effects of this new phase of hotels in Bahia. As the methodology it is a search field, with qualitative approach, which it used for library resources and interviews for the composition of the data.