Reference:
Batkovskiy A.M., Trofimets V.Y., Trofimets E.N., Fomina A.V..
Improving Financing of Innovative Projects in the Military Industrial Sector
// Financial Law and Management.
2018. № 1.
P. 9-22.
DOI: 10.7256/2454-0765.2018.1.22561 URL: https://en.nbpublish.com/library_read_article.php?id=22561
Abstract:
The subject of the research is economic and mathematical tools of optimization of financing of innovative projects implemente by military industrial enterprises. A formalized statement of the problem of the adjustment of the current funding available for the implementation of innovative projects in conditions of irregular funding is proposed. The method of solving this problem, which is based on the optimization model smoothing the coherence profile to the actual distributions in the previous funding round is developed. As for the first phase of funding for the retrospective distribution profiles are not available, in addition an optimization formulation of the problem of distribution of current appropriation without regard to historical distribution profiles is proposed. The problem of selection of objective function in optimization model is reviewed. The principle of compromise based on the principle of equitable assignment, solves the problem of multicriteria radical way due to the convolution of the set of criteria into one integrated criterion. The scientific novelty is caused by the development of a new methodology for adjustment of management decisions, aimed at financing innovative projects in the military-industrial complex. The problem solution is considered for four types of target functions, respectively, a predetermined additive, multiplicative, and quasidisjunctive and quasiconjunctive operators of aggregation. The practical use of the developed models and algorithms is reviewed in a number of examples.
Keywords:
multicriteria, mathematical programming, economic-mathematical modeling, resource, distribution, task, financing, optimization, innovative project, enterprise
Reference:
Nikityuk L.G..
Features of Developing Corporate Investment Activity in the Russian Federation
// Financial Law and Management.
2016. № 4.
P. 283-292.
DOI: 10.7256/2454-0765.2016.4.68531 URL: https://en.nbpublish.com/library_read_article.php?id=68531
Abstract:
The subject of the research is the process of corporate investment activity increasing economic efficiency of investors, corporations, and government. The object of the research is the development of corporate investment activities in the Russian Federation. The purpose of the research is to define the role of investment in the formation and increment of corporations' capital in the Russian economy. The author of the article describes stages of corporate investment activitis which enables to conduct a more detailed study of investment objects, adjust indicators of economic efficiency and determine the level and ability to minimize financial risks at each stage of planning and investment. Cost-effectiveness is evaluated at the final stage of the process of corporate investment activity, the final level of which is the determination of areas for using accumulated capital (consumption, accumulation, or reinvestment). According to the results of the research the author came to the conclusion that the investment process helps corporations to minimize financial risks and creates conditions for their efficient operation in the long term. This proves the urgency and efficiency of the process of corporate investment activity developed and described by the author. The process allows to preserve the structure of the corporation capital and maximize the economic effect for investors.
Keywords:
economic efficiency, investment activities, economy, reinvestment, investment project, financial resources, investment capital, investment, corporation, investment sources