Modeling the priority directions of innovative development policy of timber processing complex enterprises based on correlation analysis

Abstract

When developing approaches according to innovative development of the timber industry enterprises, it is necessary to consider the strategy of innovative development of the production direction within its spatial and social and economic features. The system of assessment of indicators criteria has to contain the necessary indicators considering all levels of development of the enterprise before its functioning in world economic relationship. In the applied system of assessment of innovative development of the timber industry enterprises the available financial statistics and their updated data obtained on the basis of the offered new approaches to calculations have to be used. Each innovative process has to be in a condition of continuous development. During change of one process, another and some other change, i.e. the processes to some extent are interconnected among themselves. In certain cases ecologic-economic events seldom develop in an individual order, they have to form complexity of processes where the independent impact of each process on others, on degree of their hierarchy comes to light. During research of influence of a number of factors on one productive process, application of the analysis on the basis of a correlation and regression method with creation of the regression equations is possible. In this method interdependence of factors is considered; therefore, influence of each factor on this or that process is represented in more detail. In a correlation and regression method direct influence of a factor on a productive indicator, indirect influence of group of factors and influence of all set of factors on a productive indicator are considered.

An approach to assessing the level of competitiveness of a timber industry innovative enterprise based on the methodology of economic and mathematical modelling

“…Where -The value of the share of the i,j,e-th indicator of innovative products in the total revenue of the timber industry enterprise [9]; -Proceeds from the sale of i,j,e-th products (goods, works, services) of the company in the i,j,e-th market segment, at the end of the reporting period;…”

“…-The value of the total amount of proceeds received from the sale of marketable products for the main type of activity, for the analysed period [9].…”

Modelling approaches to innovative activities of timber enterprises based on regression analysis

“…In scientific research on the construction of regression equations, there is no universal approach and the use of the fundamental method of optimal components of the regression equation for all types of solving fundamental problems, which largely leads to the conditions under which, when using different methods of regression analysis, it becomes possible in the same interpretation of the system data to propose constructed several optimal oriented regression models, each of which will be based on the optimal criteria for a specific situation being solved, which allows researchers to solve the problem of selecting the most optimal model from the available options [4,6,9].…”

Model for assessing the financing of innovative infrastructure of timber enterprises

“…If the linear regression function is used, the basis is the possibility of sustainable growth of the function without unexpected and abrupt changes, which is under the index -C(t), defined as the volume of all costs for the formation of innovative infrastructure in a particular type of activity in the i-th period, for period is a calendar year [9].…”