STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0

The main purpose of the article is the theoretical and methodological substantiation of the modern approach to the formation of a model of state regulation of investment support for innovative industrial development in the context of helping to increase the level of financial security. The object o...

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Main Authors: Mykhailo Honchar, Igor Grybyk, Svitlana Honchar, Natalia Smolinska, Volodymyr Gavran
Format: Article
Language:English
Published: FINTECH Alliance LLC 2024-02-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
Subjects:
Online Access:https://fkd.net.ua/index.php/fkd/article/view/4273
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author Mykhailo Honchar
Igor Grybyk
Svitlana Honchar
Natalia Smolinska
Volodymyr Gavran
author_facet Mykhailo Honchar
Igor Grybyk
Svitlana Honchar
Natalia Smolinska
Volodymyr Gavran
author_sort Mykhailo Honchar
collection DOAJ
description The main purpose of the article is the theoretical and methodological substantiation of the modern approach to the formation of a model of state regulation of investment support for innovative industrial development in the context of helping to increase the level of financial security. The object of the study is the innovative development of the industrial sector of the Ukrainian economy. At the same time, the scientific task will be to present a methodological approach to assessing the current state of trends in investment support for innovative industrial development in all regions of Ukraine as a tool for state regulation. The research methodology involves the use of modern methods of analysis and synthesis of available information on the research topic. A nonparametric statistical method was used to analyze the trends and dynamics of industrial development in Ukraine. The integral assessment method was used to form a methodological approach to assessing the level of investment support for innovative development as an effective instrument of state regulation. As a result of the study, a model of state regulation of investment support for innovative industrial development is presented. An assessment was made of the level of investment support for innovative industrial development concerning the proposed model. Based on the results obtained, measures to ensure financial security in the conditions of Industry 4.0 are proposed. The key financial obstacles to investment support for innovative industrial development are presented, ordered by the priority of the state's response to them. The study has limitations in that it does not take into account all aspects of state regulation. In this case, only the specifics of the industrial sector of the economy were taken into account.
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spelling doaj.art-dd2e60e8e8a34619878d6a7fa9008c7f2024-02-29T03:31:50ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702024-02-0115410.55643/fcaptp.1.54.2024.4273STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0Mykhailo Honchar0Igor Grybyk1Svitlana Honchar2Natalia Smolinska3Volodymyr Gavran4D.Sc. in Economics, Professor of the Department of Management and International Business Department, Lviv Polytechnic National University, Lviv, UkrainePhD in Economics, Associate Professor of the Department of Management and Administration, Lviv Polytechnic National University, Lviv, UkrainePhD in Economics, Associate Professor, Senior Lecturer of the Department of Personnel Management and Administration, Lviv Polytechnic National University, Lviv, UkrainePhD in Economics, Associate Professor of the Department of Management and Administration, Lviv Polytechnic National University, Lviv, UkrainePhD in Economics, Associate Professor of the Department of Organization Management, Lviv Polytechnic National University, Lviv, Ukraine The main purpose of the article is the theoretical and methodological substantiation of the modern approach to the formation of a model of state regulation of investment support for innovative industrial development in the context of helping to increase the level of financial security. The object of the study is the innovative development of the industrial sector of the Ukrainian economy. At the same time, the scientific task will be to present a methodological approach to assessing the current state of trends in investment support for innovative industrial development in all regions of Ukraine as a tool for state regulation. The research methodology involves the use of modern methods of analysis and synthesis of available information on the research topic. A nonparametric statistical method was used to analyze the trends and dynamics of industrial development in Ukraine. The integral assessment method was used to form a methodological approach to assessing the level of investment support for innovative development as an effective instrument of state regulation. As a result of the study, a model of state regulation of investment support for innovative industrial development is presented. An assessment was made of the level of investment support for innovative industrial development concerning the proposed model. Based on the results obtained, measures to ensure financial security in the conditions of Industry 4.0 are proposed. The key financial obstacles to investment support for innovative industrial development are presented, ordered by the priority of the state's response to them. The study has limitations in that it does not take into account all aspects of state regulation. In this case, only the specifics of the industrial sector of the economy were taken into account. https://fkd.net.ua/index.php/fkd/article/view/4273state regulationinvestment supportinnovative developmentlevel of investment supportintegral indicatorindustry
spellingShingle Mykhailo Honchar
Igor Grybyk
Svitlana Honchar
Natalia Smolinska
Volodymyr Gavran
STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0
Фінансово-кредитна діяльність: проблеми теорії та практики
state regulation
investment support
innovative development
level of investment support
integral indicator
industry
title STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0
title_full STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0
title_fullStr STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0
title_full_unstemmed STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0
title_short STATE REGULATION OF INVESTMENTS IN INNOVATIVE DEVELOPMENT OF INDUSTRY TO STRENGTHEN FINANCIAL SECURITY IN THE CONTEXT OF INDUSTRY 4.0
title_sort state regulation of investments in innovative development of industry to strengthen financial security in the context of industry 4 0
topic state regulation
investment support
innovative development
level of investment support
integral indicator
industry
url https://fkd.net.ua/index.php/fkd/article/view/4273
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