STRATEGIC BASIS OF CREDITING INNOVATIVE DEVELOPMENT IN EUROPE
Journal Title: Економіка розвитку - Year 2016, Vol 77, Issue 1
Abstract
Attention has been paid to the strategic basis of crediting innovative projects. The types, main context and possible results of different innovative and credit strategies have been pointed out. The view points of political economy classics upon the essence, nature and possible effectiveness of practical use of innovative strategies have been observed. According the researches into the nature of financial strategies, the peculiarities of credit strategies which have not been developed at the macro level, have been defined. The theoretical issues of researches into the innovative and credit strategies have been combined with the practical experience of crediting innovative projects in some European countries. Furthermore, the trends in the innovative development of foreign countries have been compared with the dynamics and possibilities of their credit systems. Based on the statistics of leading international organizations, the position of national economies on the international credit and innovative markets has been given consideration. The possibilities of comparison and combination of different kinds of innovative strategies with national peculiarities of crediting have been researched. On the basis of the authors' matrix of strategic basis of crediting innovative projects of some European countries, recommendations have been given about the practice and possibilities for improvement of national innovative and credit strategies. In the authors' opinion this will help to preserve, stabilize and improve to some extent the position of national economies on the international market. Conclusions have been drawn about the strategic basis of crediting innovative development of some European countries. The importance of using the practices and experience of these countries for strategic development of Ukraine's economy innovative and credit components has been accentuated.
Authors and Affiliations
O . Dyba , Yu. Gernego
Keywords
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