Development of a method for targeted financing of economy sectors through capital investment in the innovative development

Abstract

The problem of targeted financing of economic sectors is considered. The method of targeted financing of sectors of the economy through investment in innovative development is proposed. On the basis of statistical data on the performance indicators of the sectors of the economy, the calculation of indicators of their innovative potential was carried out, based on the volume of sold innovative products (goods, services) by type of economic activity. In order to stimulate sectors of the economy by investing in innovative development, it is proposed to introduce targeted financing of the latter. The problem of quantitative assessment of targeted financing of economic sectors by means of investment in innovative development based on an integrated approach has been solved. According to the results obtained, sectors of the economy that are identified as the most risky and have the potential for innovative development fall under targeted financing. The proposed technique was tested by an experimental method. On the basis of an integrated approach for the indicators of the riskiness of the economic sector and the indicator of the innovative potential of the economic sector, targeted financing for 3 sectors of the economy (namely: P, N, M, L and J) was determined. Sector P will receive more targeted funding, while sectors N, M, L and J will receive less targeted funding, respectively. The size of these parts will be 47.30 %, 22.31 %, 13.48 %, 9.56 % and 7.34 %, respectively, of 100 % S. The results of the study are of practical interest for government bodies (local, territorial, etc.) in the distribution of funds according to the vector of targeted financing of sectors of the economy through investment in innovative development. Practically valuable for researchers who deal with issues of financial security, targeted financing and public administration

Devising a procedure of state financial protectionism in the agricultural industry in the context of regionalization

“…Among such comprehensive procedures, one can distinguish [18,19]. The methodology proposed in [18] focuses on the sectoral vector.…”

“…Among such comprehensive procedures, one can distinguish [18,19]. The methodology proposed in [18] focuses on the sectoral vector. However, that procedure has specificity -an innovative component, which is its fundamental component.…”

“…The methodology [19] is also comprehensive and interesting from the point of selective financing. However, similarly to the procedure in [18], it contains an innovative component. In addition, the emphasis is on scientific institutions, the selection of which cannot be applied in the context of regionalization.…”

“…In addition, the emphasis is on scientific institutions, the selection of which cannot be applied in the context of regionalization. Summarizing [18,19], it should be stated that both procedures are based on selective financing. The idea of providing selective funding is also supported in study [20], in which state support and selective funding are interpreted as the basis for the development of the latter's economies.…”

“…After analyzing studies [12][13][14][15][16][17][18][19][20], it can be argued that the issue of state financial protectionism of the agro-industrial complex as a whole and the agricultural industry, in particular, is not considered by other researchers from the point of view of regional support. Accordingly, the issue of determining the conditions for assigning regions to investment attractive and determining the fate of state funding is not considered.…”