Approaches to the Implementation of Strategic Innovation and Investment Projects for Development Industry of the Territory

Abstract:

Investment activity from the state or private investors is a necessary condition for the innovative development of economic systems. The purpose of the study is to develop approaches to the procedure for multi-criteria selection and coordination of interests of interested economic entities in the selection of innovative investment projects. The result of the study is the development of a mechanism that provides methodological support for the adoption of managerial decisions at the federal and regional levels. And also it is shown that innovative and investment projects aimed at financing promising areas of activity will allow not only to ensure the production of new types of products, but also create conditions for the development of the organization in the long term.

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