Definition of Rational Structure of Financing of Process of Innovative Reproduction of the Basic Means of the Enterprise

Abstract

The mechanism of formation of rational structure of financing of process of innovative reproduction of the basic means of the enterprise is developed, allowing to define the most expedient ratio between own and extra sources of financing of process of innovative reproduction of means of work which provides realization of effective financial activity of the enterprise. For this purpose, it is offered to form two clusters financial assets of the enterprise, one of which includes own sources of financing of process of innovative reproduction of the basic means, and another — extra sources of financing. The hypothesis of existence of the most preferable ratio between the sizes of the first and the second clusters is put forward and proved. For confirmation of the put forward hypothesis the nonlinear economic-mathematical model of criterion of formation of rational structure of financing of process of innovative reproduction of the basic means of the enterprise is developed. As the important parameters nonlinear economic-mathematical model of criterion it is offered to take into account not only size of own and extra financial assets, but also their cost.