Creation of Innovative Model of a Vertically Integrated Corporate Group with Regard to Optimality Properties
- DOI
- 10.2991/aebmr.k.200730.072How to use a DOI?
- Keywords
- innovative model, efficiency evaluation method, group, optimality
- Abstract
Currently, the positive aspect associated with the innovative advantages of financial and industrial corporate groups, due to the priority financing of all innovations within such a Corporation, deserves special attention. Previously, it was proved that the separation of the investor from the consumer increases the level of requirements for the profitability of production of firms that implement innovations. For this reason alone, the consolidation of financial organizations into a corporate group is a significant dominant factor in obtaining further benefits that lead to an increase in the technological capabilities of such associations. In other words, such associations, in which financial institutions take an active part in obtaining the income of the member firms-innovators and consumer firms, have significant priorities, both in the field of innovation and in the field of investment. The subject of the research is an innovative model of a vertically built business structure. The purpose of the work was to substantiate the methods of using the Pontryagin stability principles and the Lipschitz condition for analyzing the possibility of optimizing the innovation investment model. The paper presents a detailed analysis of the possibility of optimizing the model of investing material resources in innovative processes, and also analyzes the effectiveness of using innovative approaches. The paper also provides a review of the literature on the presented problems. The results of the study was the decision of several tasks: the analysis of economic efficiency in the use of innovations on the basis of a dynamic model of interaction between enterprises and the Bank in the part of a vertically integrated corporate group that contributes to the production of new competitive products, it is proved that the equilibrium of a differential game guarantees the stability of the dynamic model, specified requirements pre-selection of innovative projects for their most effective future implementation. The results obtained can be interpreted as the ability of a corporate group to increase the efficiency of providing material resources for industrial research projects.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - M.L. Lapshina AU - A.V. Starikov AU - A.A. Gribanov AU - A.A. Mescheryakova AU - S.V. Pisareva AU - S.V. Budkova PY - 2020 DA - 2020/08/01 TI - Creation of Innovative Model of a Vertically Integrated Corporate Group with Regard to Optimality Properties BT - Proceedings of the Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020) PB - Atlantis Press SP - 392 EP - 398 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200730.072 DO - 10.2991/aebmr.k.200730.072 ID - Lapshina2020 ER -