Methodological approach to tvaluating investment provision for innovations
Keywords:
investment support, innovation financing, methodological approach, innovation potential, institutional conditions, investment attractiveness, sustainable economic growth, innovation readiness, regional innovation policyAbstract
This article explores the theoretical and methodological foundations for assessing investment support of innovation activities in the context of a transforming economy. The relevance of the topic lies in the growing necessity to enhance the effectiveness of financing mechanisms for innovation, which play a crucial role in ensuring sustainable economic growth and strengthening the competitiveness of the national economy.
The study proposes an original methodological approach to evaluating investment provision for innovations. This approach is based on a systems analysis of the interrelation between sources of financing, the innovation potential of enterprises, and institutional investment conditions. The proposed methodology incorporates both macroeconomic and microeconomic perspectives and takes into account the dynamic nature of innovation ecosystems.
The paper examines the key components of investment support, including internal (e.g., own resources of the enterprise) and external (e.g., government support, venture capital, bank loans, grants, institutional investors) funding sources. A comprehensive evaluation structure is suggested, which integrates qualitative and quantitative indicators. These indicators allow for a detailed analysis of investment flows, risk levels, the degree of innovation readiness of business entities, and the efficiency of implemented innovation projects.
Particular attention is given to indicators of investment attractiveness and the institutional capacity of regions to support innovation. The approach enables a regional differentiation of investment conditions, highlighting asymmetries and structural bottlenecks that may impede innovation development at various territorial levels.
The practical significance of the research lies in the applicability of the proposed methodology for designing innovation financing strategies at both micro and macro levels. The results obtained can be used by enterprises, investors, and government authorities to make informed management decisions in the field of innovation policy. Moreover, the approach contributes to improving the monitoring of the effectiveness of public policies aimed at fostering innovation and can serve as a tool for strategic planning in national and regional innovation systems.
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