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Innovation-Investment Mechanism of the Economicentities Development in the Conditions of Transformational Challenges Cover

Innovation-Investment Mechanism of the Economicentities Development in the Conditions of Transformational Challenges

Open Access
|Jan 2024

Abstract

The purpose of the study is to substantiate the innovation-investment mechanism of the development of economic entities in the conditions of transformational challenges, which involves a recurrent structure for comprehensive consideration of its components. In the researched and substantiated implementation of the recurrent ratio of the innovation-investment mechanism for the development of economic entities in the conditions of transformational challenges, it is possible to take into account: the functions of the innovation-investment mechanism, which include: strategic-target, organizational-management, analytical-informational, social-cultural functions; exogenous and endogenous actors of the mechanism of subjects of economic activity; targeting the achievement of the set tasks of the functioning of the innovation-investment mechanism for the development of economic entities in the conditions of transformational challenges; strategies of innovation and investment development at the level of various levels of government, enterprises and others, taking into account the coherence of the interests of all economic entities; diversification of sources of investment resources; generally accepted methods of the mechanism, which include: planning, forecasting, control, diagnostics, stimulation; specific methods of the mechanism, which include: generation of ideas, compilation, distribution; and management of the innovation and investment mechanism.

DOI: https://doi.org/10.15544/mts.2023.34 | Journal eISSN: 2345-0355 | Journal ISSN: 1822-6760
Language: English
Page range: 343 - 351
Submitted on: Oct 6, 2023
Accepted on: Oct 24, 2023
Published on: Jan 14, 2024
Published by: Vytautas Magnus University, Institute of Foreign Language
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2024 Olena Havrylchenko, Tetiana Polozova, Victoria Bilyk, Yurii Pokanievych, Katerina Larionova, published by Vytautas Magnus University, Institute of Foreign Language
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.