Financial results of innovation activities of industrial enterprises of Ukraine: evaluation and forecasting

Abstract

Introduction. Selection and justification of the priorities of innovative development of industry of Ukraine require a detailed analysis of the current situation in the modern world.

The reasons, which affect the formation of financial results of innovation, need to be installed. Patterns of performance and possible ways of innovation use of economic-mathematical modeling should be explored.

Purpose of the article is to investigate the financial results of innovation active enterprises of Ukraine, to determine the patterns of innovation development and to forecast the effectiveness of innovation industry.

Method (methodology). Analysis and forecasting of the innovation of effectiveness of innovative activity of industry using economic and mathematical methods.

Results. Financial Evaluation of innovation towards the formation of revenues, expenses and profitability of industrial innovation has been conducted. It has been established that the innovative activity of industry of Ukraine is not very active. In some cases, the main indicators that charactere the effectiveness of innovative industrial development of the country. Estimation of financial results of innovation industrial complex of Ukraine proves the direct dependence of innovative activity on the economic situation in the world and the country. Analyses of financial results of innovation activity are indicates a lack of positive developments in this area and poor conditions for creaton of competitive advantages of industry. To study the patterns and the perspectives of industry it has been made the forecasting of effectiveness of innovation activity of the enterprise. It has been established that in the future the decline under the most indicators, that characterize the effectiveness of innovation industry, will remain. However, the constructed econometric models show that there will be a positive dynamics of growth of sales of innovative products, including the volume of sales of innovative products that are new to the market and the volume of sales of innovative products out from Ukraine.