FINANCING OF INNOVATIVE DEVELOPMENT OF AN ENTERPRISE ACCORDING TO THE TECHNICAL AND ECONOMIC CHARACTERISTICS OF TECHNOLOGICAL EQUIPMENT

This article establishes the management by each enterprise of its own purposes, aspirations, initiatives both in the present and in the future prospects of innovative activity and related development, on the basis of which significant achievements, inventions and gains arise. The constantly existing need for the aspirations of each enterprise for innovative development, which is embodied in the real reproduction of developments in combination with financial contributions, has been clarified. Innovative development at the enterprise has been investigated and, through decomposition, considered as a process of introducing new and advanced technical equipment, which is the basis for comprehensive measures to improve production processes. The interconnection of innovations at the enterprise has been determined by abstraction based on the technical and economic characteristics of the latest technical equipment. The technical and economic characteristics of new and basic technological equipment, which are translated into a cost estimate, have been analyzed on the basis of comparison, which are determined by their qualitative characteristics together with the results of the innovative development of the enterprise, which is the basis for financial contributions. On this basis, the important importance of innovations in the enterprise is presented, as a continuous development through improving measures with a combination of human intelligence, ideas and enthusiasm, common aspirations to invent new and broadly functional products, advanced developments. The special importance of innovative development of the enterprise is substantiated due to the greatest provision of new developments, in particular in the designed form, the best technical and economic characteristics. This proves that this is how the transformation and improvement of the entire production complex of the enterprise takes place by replacing the currently existing technological equipment with new ones. The improvement of all activities of the enterprise through innovative development based on the introduction of new technological equipment is generalized. It is proved that the transformation of business processes in the form of an internal production space by attracting financial contributions and managing them depends on this.