Investment in innovative enterprises of the agro-industrial cluster of Republic of Crimea

Author:

Piskun Elena,Simchenko Nataliia,Nevezhin Victor,Orlova Irina,Babeshko Lyudmila

Abstract

According to the main macroeconomic indicators, of Republic of Crimea does not occupy a leading position, therefore, the competitiveness of the region is assessed as low. In modern conditions, in order for the region economy to move to a new, better state, it is necessary to pay more attention to innovation. In such conditions, the importance of high-tech industries of the agro-industrial as an important factor in ensuring economic growth increases. Cluster associations, due to their effective self-organization and the use of innovation by enterprises, have a significant impact on the financial stability of Republic of Crimea. The problem of low innovation activity in enterprises of the agro-industrial cluster the region is due to the low availability of investment resources. For the successful functioning of the economy and the development of new innovative projects, especially in the agro-industrial sphere, it is necessary to attract new investors. The problem of determining the relationship between risk and dividend income when investing in securities issuers is relevant. The article defines the interest of investors in direct investments in enterprises that are elements of the agro-industrial cluster in the region, by determining profitability and risk using the likelihood function.

Publisher

EDP Sciences

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