Multiple system of innovation-investment decisions adoption with synergetic approach usage

Svitlana Khalatur (), Svitlana Khaminich (), Oksana Budko (), Olesia Dubovych () and Oleksandr Karamushka ()
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Svitlana Khalatur: Dnipro State Agrarian and Economic University, Ukraine
Svitlana Khaminich: Oles Honchar Dnipro National University, Ukraine
Oksana Budko: Dniprovsk State Technical University, Ukraine
Olesia Dubovych: Poltava State Agrarian Academy, Ukraine
Oleksandr Karamushka: Dnipro State Agrarian and Economic University, Ukraine

Entrepreneurship and Sustainability Issues, 2020, vol. 7, issue 4, 2745-2763

Abstract: The purpose of the article was to comprehensively study and systematize knowledge about the essence, sources of origin and evaluation of synergistic effect in integration processes of national economy in order to build a conceptual scheme of its receipt in the implementation of integration interaction. The conducted research has shown that, a multi-level system of making innovative investment decisions using a synergistic approach is necessary to identify and build up a positive synergistic effect from the combination and interaction of assets and sources of financing, evaluation of the end results of such interaction, cooperation of labor, integration of industries, production integration. For example, the financing of the banking system of the agrarian sector of the Ukrainian economy was considered. The practical significance of the research is that the scientific developments will enable the formation of an effectively functioning agro-industrial complex in Ukraine with optimal financing based on the use of a multi-level system of making innovative investment decisions using a synergistic approach. Further studies are in the field of studying the system-forming factors and patterns of behavior of economic systems in terms of restoring the synergy potential.

Keywords: synergy; synergistic effect; lending; agriculture; innovation; investment (search for similar items in EconPapers)
JEL-codes: G21 O11 Q14 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:7:y:2020:i:4:p:2745-2763

DOI: 10.9770/jesi.2020.7.4(12)

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