The role of the state in the financing sources’ formation of industrial enterprises’ innovative activities

Currently, the external conditions for the functioning of industrial enterprises are formed in such a way that the achievement of their goals is seen impossible without the implementation of innovative activities. Due to the high cost of innovations, as well as the need to conduct these processes on...

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Main Authors: E. A. Evdokimova, A. Yu. Fomin, M. S. Yumatov
Format: Article
Language:English
Published: Publishing House of the State University of Management 2022-09-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/3742
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author E. A. Evdokimova
A. Yu. Fomin
M. S. Yumatov
author_facet E. A. Evdokimova
A. Yu. Fomin
M. S. Yumatov
author_sort E. A. Evdokimova
collection DOAJ
description Currently, the external conditions for the functioning of industrial enterprises are formed in such a way that the achievement of their goals is seen impossible without the implementation of innovative activities. Due to the high cost of innovations, as well as the need to conduct these processes on an ongoing basis, industrial enterprises lack their own funds to finance innovation activities. The state is interested in the innovative development of industrial enterprises. This is one of the reasons why it participates in the formation of their funding sources. The article substantiates the need for state support, as well as analyzes the options for its provision by type of financing sources. For each type of sources, options for providing large-scale support, implying a large coverage area, as well as point-directed support, are also highlighted.
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spelling doaj.art-00a7bc1f140544e0b4f8a0f85784250c2024-03-26T14:23:11ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-09-0108445010.26425/1816-4277-2022-8-44-502538The role of the state in the financing sources’ formation of industrial enterprises’ innovative activitiesE. A. Evdokimova0A. Yu. Fomin1M. S. Yumatov2State University of ManagementRussian Timiryazev State Agrarian UniversityMilitary UniversityCurrently, the external conditions for the functioning of industrial enterprises are formed in such a way that the achievement of their goals is seen impossible without the implementation of innovative activities. Due to the high cost of innovations, as well as the need to conduct these processes on an ongoing basis, industrial enterprises lack their own funds to finance innovation activities. The state is interested in the innovative development of industrial enterprises. This is one of the reasons why it participates in the formation of their funding sources. The article substantiates the need for state support, as well as analyzes the options for its provision by type of financing sources. For each type of sources, options for providing large-scale support, implying a large coverage area, as well as point-directed support, are also highlighted.https://vestnik.guu.ru/jour/article/view/3742innovation activitygovernmentindustrial enterprisessupportfinancing sources
spellingShingle E. A. Evdokimova
A. Yu. Fomin
M. S. Yumatov
The role of the state in the financing sources’ formation of industrial enterprises’ innovative activities
Вестник университета
innovation activity
government
industrial enterprises
support
financing sources
title The role of the state in the financing sources’ formation of industrial enterprises’ innovative activities
title_full The role of the state in the financing sources’ formation of industrial enterprises’ innovative activities
title_fullStr The role of the state in the financing sources’ formation of industrial enterprises’ innovative activities
title_full_unstemmed The role of the state in the financing sources’ formation of industrial enterprises’ innovative activities
title_short The role of the state in the financing sources’ formation of industrial enterprises’ innovative activities
title_sort role of the state in the financing sources formation of industrial enterprises innovative activities
topic innovation activity
government
industrial enterprises
support
financing sources
url https://vestnik.guu.ru/jour/article/view/3742
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AT msyumatov theroleofthestateinthefinancingsourcesformationofindustrialenterprisesinnovativeactivities
AT eaevdokimova roleofthestateinthefinancingsourcesformationofindustrialenterprisesinnovativeactivities
AT ayufomin roleofthestateinthefinancingsourcesformationofindustrialenterprisesinnovativeactivities
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