MANAGEMENT OF DOMESTIC INVESTMENT PROJECTS IN THE REGIONAL INDUSTRIAL CLUSTER OF ENTERPRISES
Abstract
The article demonstrates the peculiarities of managing investment measures and projects at the level of an industrial cluster of enterprises. The need to take into account the investment climate and the features of the investment strategy of the cluster in order to determine the sources of investment resources and the mechanisms of their attraction for the implementation of the selected areas is proven. An economic–mathematical model of investment support for an industrial cluster was built and tested, which is based on a comparative approach to choosing optimal investment projects from a number of similar starting conditions for implementation. According to the results of the proposed calculations, as well as using the forecast indicators of investment activity at the level of the industrial cluster, it is possible to form a rational investment balance, which will include the investment resources of the new participants of the industrial cluster, as well as the directions of their investment flows. The performed analysis and formed methodological provisions can be further developed by new calculations of investment efficiency according to formal methods of analysis of the efficiency of real investments by calculating the net reduced effect (income), internal rate of return of the project, profitability index, investment efficiency ratio, etc. Investment balance is a program that provides investment processes at the level of an industrial cluster. The investment balance of the cluster should include a system of indicators reflecting the investment capacity of the cluster, the formation of its investment resources and directions of their use. The main provisions of the investment policy within the industrial cluster should be: strategic goals of the participating enterprises of the industrial cluster; priorities of the complex investment program of the cluster; formation of criteria for the selection of investment projects and programs that will be supported by all participants of the industrial cluster on the occasion of share financing; the scope of the investment program and possible real sources of its financing; the main elements of the investment infrastructure of the cluster and the path of their further development; task of intensifying investment cooperation.
References
Єпіфанова І. Ю., Бардадин О. А. Сутність інвестиційного потенціалу підприємства. Інвестиції: практика та досвід. 2017. № 14. С. 39–42.
Запорожець Г. В. Теоретико-методичні засади управління інвестиційними ресурсами організації. Бізнес Інформ. 2020. №4. C. 433–439. DOI: https://doi.org/10.32983/2222–4459–2020–4–433–439.
Makedon V., Valikov V., Kurinnaya I. Transitional strategies of organizational change and integration transformations for industrial enterprises. Academy Review. 2018. 2(49). рр. 31–44. DOI: https://doi.org/10.32342/2074–5354–2018–2–49–3
Аранчій Д. С., Гончаренко С. А. Інвестиційна привабливість підприємств: сутність, фактори впливу та оцінка існуючих методик аналізу. 2021. URL: https://www.pdaa.edu.ua/sites/default/files/nppdaa/3.2/59.pdf
Dykha M. V., Tanasiienko N. P. & Kolisnyk G. M. Ensuring of labor productivity growth in the context of investment and innovation activity intensification. Problems and Perspectives in Management. 2017. № 15(4). рр. 197–208. DOI: http://dx.doi.org/10.21511/ppm.15(4–1).2017.04
Нікітіна В., Шершенюк О., Курчата І., Попкова К., Христофорова О. Управління інвестиційними проєктами як важлива складова менеджменту підприємства у глобальному просторі. Financial and Credit Activity Problems of Theory and Practice. 2021. 2(33). С. 473–481. DOI: https://doi.org/10.18371/fcaptp.v2i33.207210
Voynarenko M., Dykha M. V., Нurochkina V. V., Menchynska O. M. Modeling the influence of economic factors on the management of business processes of cluster association enterprises. Espacios. 2020. 41(12). P. 17. URL: http://www.revistaespacios.com/a20v41n12/20411217.html
Avanesova N., Tahajuddin S., Hetman O., Serhiienko Y., Makedon V. Strategic management in the system model of the corporate enterprise organizational development. Economics and Finance. 2021. № 1/2021. Vol. 9. pp. 18–30.
Єпіфанова І., Джеджула В., Косарук О., Сауляк А. Управління інвестиційним потенціалом підприємств харчової промисловості. Innovation and Sustainability. 2022. № (2). С. 8–17. DOI: https://doi.org/10.31649/ins.2022.2.8.17
Македон В. В., Валіков В. П., Федьора С. С. Удосконалення управління промисловими підприємствами на основі стратегій інноваційного розвитку. Європейський вектор економічного розвитку. 2019. №1. С. 108–125.
Telizhenko O., Pavlenko O., Martynets V., & Rybalchenko S. Modeling the influence of cluster components on the economic development of a territory. TEM Journal. 2019. №8(3). рр. 900.
М’ячин В. Г. Кластерний аналіз інноваційно–активних підприємств за допомогою карт Кохонена як передумова стратегічного планування. Сучасна економіка. 2019. № 14. С. 180–185. DOI: https://doi.org/10.31521/modecon.V14(2019)–28
Anderson L., Stark M. Industrial Clusters: the logic of co–location now has a new driver, net–zero emissions. Energy Post. 24.02.2021. URL: https://energypost.eu/industrial–clusters–the–logic–of–co–location–now–has–a–new–driver–net–zero–emissions.
Тюріна Н., Назарчук Т., Шкабара Н. Формування інформаційно-аналітичного забезпечення управління бізнес-проєктами підприємства. Innovation and Sustainability. 2022. №(2). С. 68–77. DOI: https://doi.org/10.31649/ins.2022.2.68.77
Чайковська І. І. Економіко–математична модель формування комплексної оцінки рівня сформованості областей знань з управління проєктами на підприємстві. Modeling the Development of the Economic Systems. 2022. № 1. С. 92–107.
Makedon V., Zaikina H., Slusareva L., Shumkova O., Zhmaylova O. Use of rebranding in marketing sphere of international entrepreneurship. International Journal of Entrepreneurship. 2020. Vol. 24. Issue 1S. URL: https://www.abacademies.org/articles/use–of–rebranding–in–marketing–sphere–of–international–entrepreneurship–9325.html
Metelenko N. G., Kovalenko O. V., Makedon V. V., Merzhynskyi Y. K., Rudych A. I. Infrastructure security of formation and development of sectoral corporate clusters. Journal of Security and Sustainability Issues. 2019. 9(1). 77–89.
Fosse J. K., Normann R. Management strategies in cluster projects: Cases and discussion. The Life Cycle of Clusters. Dirk Fornahl & Robert Hassink (ed.). Edward Elgar Publishing, 2017. P. 115–134.
Lis А.M., McPhillips М., Lis А. Sustainability of Cluster Organizations as Open Innovation Intermediaries. Sustainability. 2020. Vol. 12. Issue 24. P. 1–16.
Yepifanova I. Yu., Bardadyn O. A. (2017) Utnist investytsiinoho potentsialu pidpryiemstva [The essence of the investment potential of the enterprise]. Investytsii: praktyka ta dosvid, no.14, pp. 39–42.
Zaporozhets H. V. (2020) Teoretyko–metodychni zasady upravlinnya investytsiynymy resursamy orhanizatsiyi [Theoretical and methodological principles of management of investment resources of the organization]. Business Inform, No 4, pp. 433–439. DOI: https://doi.org/10.32983/2222–4459–2020–4–433–439.
Makedon, V., Valikov, V., Kurinnaya, I. (2018) Transitional strategies of organizational change and integration transformations for industrial enterprises. Academy Review, no 2(49), pp. 31–44. DOI: https://doi.org/10.32342/2074–5354–2018–2–49–3
Aranchiy D. S., Goncharenko S. A. (2021) Investytsiyna pryvablyvistʹ pidpryyemstv: sutnistʹ, faktory vplyvu ta otsinka isnuyuchykh metodyk analizu [Investment attractiveness of enterprises: essence, influencing factors and assessment of existing methods of analysis]. Available at: https://www.pdaa.edu.ua/sites/default/files/nppdaa/3.2/59.pdf
Dykha, M. V., Tanasiienko, N. P. & Kolisnyk, G. M. (2017) Ensuring of labor productivity growth in the context of investment and innovation activity intensification. Problems and Perspectives in Management, no 15(4), pp. 197–208. DOI: http://dx.doi.org/10.21511/ppm.15(4–1).2017.04
Nikitina A. V., Shersheniuk O., Kyrchata I., Popkova K., & Khrystoforova O. (2021) Upravlinnya investytsiynymy proyektamy yak vazhlyva skladova menedzhmentu pidpryyemstva u hlobalʹnomu prostori [Management of investment projects as an important component of enterprise management in the global space]. Financial and Credit Activity Problems of Theory and Practice, no 2(33), pp. 473–481. DOI: https://doi.org/10.18371/fcaptp.v2i33.207210
Voynarenko M., Dykha M. V., Нurochkina V. V., Menchynska O. M. (2020) Modeling the influence of economic factors on the management of business processes of cluster association enterprises. Espacios, no 41(12), p. 17. Available at: http://www.revistaespacios.com/a20v41n12/20411217.html
Avanesova N., Tahajuddin S., Hetman O., Serhiienko Y., Makedon V. (2021) Strategic management in the system model of the corporate enterprise organizational development. Economics and Finance, no 1, vol. 9, pp. 18–30.
Epifanova I., Jezhula V., Kosaruk O., Saulyak A. (2022) Upravlinnya investytsiynym potentsialom pidpryyemstv kharchovoyi promyslovosti [Management of investment potential of food industry enterprises]. Innovation and Sustainability, no 2, pp. 8–17. DOI: https://doi.org/10.31649/ins.2022.2.8.17
Makedon V. V., Valikov V. P., Fedyora S. S. (2019) Udoskonalennya upravlinnya promyslovymy pidpryyemstvamy na osnovi stratehiy innovatsiynoho rozvytku [Improving the management of industrial enterprises based on innovative development strategies]. European vector of economic development, no 1, pp. 108–125.
Telizhenko O., Pavlenko O., Martynets V., & Rybalchenko S. (2019) Modeling the influence of cluster components on the economic development of a territory. TEM Journal, no 8(3), p. 900.
Myachin V. (2019). Klasternyy analiz innovatsiyno–aktyvnykh pidpryyemstv za dopomohoyu kart Kokhonena yak peredumova stratehichnoho planuvannya. [Cluster Analysis of Innovation–Active Enterprises Using Kohonen Maps as a Prerequisite for Strategic Planning]. Modern Economics, no 14(2019), pp. 180–185. DOI: https://doi.org/10.31521/modecon.V14(2019)–28
Anderson L., Stark M. (2021) Industrial Clusters: the logic of co–location now has a new driver, net–zero emissions. Energy Post. Available at: https://energypost.eu/industrial–clusters–the–logic–of–co–location–now–has–a–new–driver–net–zero–emissions
Tyurina N., Nazarchuk T., Shkabara N. (2022) Formuvannya informatsiyno-analitychnoho zabezpechennya upravlinnya biznes-proyektamy pidpryyemstva [Formation of information and analytical support for the management of business projects of the enterprise]. Innovation and Sustainability, no 2, pp. 68–77. DOI: https://doi.org/10.31649/ins.2022.2.68.77
Chaikovska I. I. (2022) Ekonomiko-matematychna model formuvannia kompleksnoi otsinky rivnia sformovanosti oblastei znan z upravlinnia proiektamy na pidpryiemstvi [An economic-mathematical model of the formation of a comprehensive assessment of the level of formation of areas of knowledge on project management at the enterprise]. Modeling the Development of the Economic Systems, no. 1, pp. 92–107.
Makedon V., Zaikina, H., Slusareva L., Shumkova O., Zhmaylova O. (2020) Use of rebranding in marketing sphere of international entrepreneurship. International Journal of Entrepreneurship, Volume 24, Issue 1S. Available at: https://www.abacademies.org/articles/use–of–rebranding–in–marketing–sphere–of–international–entrepreneurship–9325.html
Metelenko N. G. Kovalenko O. V. Makedon, V. Merzhynskyi, Y. K., Rudych, A.I. (2019) Infrastructure security of formation and development of sectoral corporate clusters, Journal of Security and Sustainability Issues, no. 9(1), pp. 77–89.
Fosse J. K., Normann R. (2017) Management strategies in cluster projects: Cases and discussion. In Dirk Fornahl & Robert Hassink (Eds.). The Life Cycle of Clusters (pp. 115–134). Edward Elgar Publishing. DOI: https://doi.org/10.4337/9781784719289.00014
Lis А. M., McPhillips М., Lis А. (2020) Sustainability of Cluster Organizations as Open Innovation Intermediaries. Sustainability, 12, 24, 1–16.
