Economic Analysis: Theory and Practice

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Evaluation of the innovation capacity of manufacturing activities

Vol. 8, Iss. 10, APRIL 2009

Available online: 18 September 2009

Subject Heading: Financial analysis

JEL Classification: 

Gracheva N.A. Cand. Sc. (Economics), assistant professor, State Technical University of Kursk

Anisimova A.Y. State Technical University of Kursk ;

Industrial development nowadays is placed special emphasis on both federally and regionally. Enhancing the competitiveness of Russian companies is only possible through the development of their innovative component. Innovative development of manufacturing nowadays is a competitive edge allowing to timely response to changes of the market situation. Innovation implies handsome investment. Therefore efficient use of sales proceeds forming net profit as it is gains in urgency. The amount of earnings, the structure of current assets and liabilities of the company determine its financial stability and predetermine its development opportunities, particularly innovative one.

Keywords: industry, infrastructure, development, field, source, innovation, financial, situation, enterprise, volume, funds, stability, estimation, solvency

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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