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Multiple system of innovation-investment decisions adoption with synergetic approach usage

Author

Listed:
  • Svitlana Khalatur

    (Dnipro State Agrarian and Economic University, Ukraine)

  • Svitlana Khaminich

    (Oles Honchar Dnipro National University, Ukraine)

  • Oksana Budko

    (Dniprovsk State Technical University, Ukraine)

  • Olesia Dubovych

    (Poltava State Agrarian Academy, Ukraine)

  • Oleksandr Karamushka

    (Dnipro State Agrarian and Economic University, Ukraine)

Abstract

The purpose of the article was to comprehensively study and systematize knowledge about the essence, sources of origin and evaluation of synergistic effect in integration processes of national economy in order to build a conceptual scheme of its receipt in the implementation of integration interaction. The conducted research has shown that, a multi-level system of making innovative investment decisions using a synergistic approach is necessary to identify and build up a positive synergistic effect from the combination and interaction of assets and sources of financing, evaluation of the end results of such interaction, cooperation of labor, integration of industries, production integration. For example, the financing of the banking system of the agrarian sector of the Ukrainian economy was considered. The practical significance of the research is that the scientific developments will enable the formation of an effectively functioning agro-industrial complex in Ukraine with optimal financing based on the use of a multi-level system of making innovative investment decisions using a synergistic approach. Further studies are in the field of studying the system-forming factors and patterns of behavior of economic systems in terms of restoring the synergy potential.

Suggested Citation

  • Svitlana Khalatur & Svitlana Khaminich & Oksana Budko & Olesia Dubovych & Oleksandr Karamushka, 2020. "Multiple system of innovation-investment decisions adoption with synergetic approach usage," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 2745-2763, June.
  • Handle: RePEc:ssi:jouesi:v:7:y:2020:i:4:p:2745-2763
    DOI: 10.9770/jesi.2020.7.4(12)
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    References listed on IDEAS

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    2. Ahmed, S. M. & Ansari, M. I., 1998. "Financial sector development and economic growth: The South-Asian experience," Journal of Asian Economics, Elsevier, vol. 9(3), pages 503-517.
    3. Yuliia Aleskerova & Lidiia Fedoryshyna & Natalia Koval, 2018. "Features Of Loan Security For The Reproduction Of Fixed Assets For Agricultural Purposes," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 4(4).
    4. Natalia Vasylieva, 2018. "Ukrainian Agricultural Contribution to the World Food Security: Economic Problems and Prospects," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 14(4), pages 215-224.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    synergy; synergistic effect; lending; agriculture; innovation; investment;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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