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

Havrylchenko Olena (), Polozova Tetiana (), Bilyk Victoria (), Pokanievych Yurii () and Larionova Katerina ()
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Havrylchenko Olena: Dr. Sc., Assoc. Prof., Simon Kuznets Kharkiv National University of Economics, Prospect Nauki, 9A, Kharkiv, Ukraine
Polozova Tetiana: Dr. Sc., Prof., Kharkiv National University of Radio Electronics, Prospect Nauki, 14, Kharkiv, Ukraine
Bilyk Victoria: Dr. Sc., Prof., Bohdan Khmelnytsky National University of Cherkasy, 81 Shevchenko Boulevard, Cherkasy, Ukraine
Pokanievych Yurii: PhD, Assoc. Prof., National Aviation University, 1, L. Guzara av., Kyiv, Ukraine
Larionova Katerina: PhD, Assoñ. Prof., Khmelnytskyi National University, 11, Instytutska str., Khmelnytskyi, Ukraine

Management Theory and Studies for Rural Business and Infrastructure Development, 2023, vol. 45, issue 4, 343-351

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.

Keywords: innovation-investment mechanism; transformational changes; innovation activity; investment; management of innovation-investment activity (search for similar items in EconPapers)
JEL-codes: D19 D23 E66 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:45:y:2023:i:4:p:343-351:n:13

DOI: 10.15544/mts.2023.34

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