EVALUATING THE ECONOMIC EFFICIENCY OF RESOURCE PROVISION FOR THE INNOVATIVE DEVELOPMENT OF ENTERPRISES
Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 85)Publication Date: 2024-05-31
Authors : Havras Dmytro;
Page : 54-59
Keywords : enterprise; economic resource; resource provision; innovative development; efficiency;
Abstract
Introduction. In modern economic conditions, many enterprises of Ukraine face the need to increase the financial and economic results of their activities. An important means of such growth is the introduction of various types of innovations at enterprises, which ensures the innovative nature of the economic development of companies. Under such conditions, the competitiveness of enterprises increases and their incomes and profits grow. At the same time, ensuring the innovative development of business entities requires its proper resource provision, which, in turn, is always associated with incurring a certain amount of costs. Therefore, it is important for enterprises to increase the economic efficiency of resource provision for their innovative development, which requires a preliminary assessment of the existing level of such efficiency. Purpose. The purpose of the study is to develop and apply methodological principles for evaluating the economic efficiency of resource provision for the innovative development of enterprises. Materials and methods. The research materials are: 1) the works of scientists devoted to the assessment of the economic efficiency of enterprises; 2) data given in the reports of the investigated enterprises. The following scientific methods were used in the research process: theoretical generalization and grouping (when building a system of indicators for evaluating the economic efficiency of resource provision of innovative development of enterprises); economic and mathematical modeling (when developing a generalized indicator for evaluating the economic efficiency of resource provision of innovative development); economic analysis (when approving the developed theoretical and methodological principles); logical generalization (when formulating conclusions). The results. A system of indicators for evaluating the economic efficiency of resource provision for innovative development of companies has been developed. A generalizing indicator of such an assessment has been constructed. The practical application of the built generalizing indicator for evaluating the economic efficiency of resource provision of innovative development was carried out. At the same time, it was established that most of the investigated enterprises need to increase the level of economic efficiency of resource provision for their innovative development. Discussion. Further research requires the construction of a model for the formation of a generalized level of economic efficiency of resource provision for the innovative development of enterprises.
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