The main functions of public finance in a market economy. Determination of the role of state exchequer in the economical activities of economic entities. Ways of improving the financial mechanism for activating innovative activities of enterprises.
Аннотация к работе
IMPROVING THE FINANCIAL MECHANISM OF STATE SUPPORT FOR INNOVATIVE ACTIVITY OF BUSINESS ENTITIES UNDER MARKET ECONOMY Marta M. Problem statement. The system of public finance is an important part and an effective tool of contemporary economic policy. Effectiveness of this system largely determines the impact on the economy in general and an innovation activity in par ticular. The state should build its economic policies to ensure the optimum redistribu tion of financial resources for the accelerated growth of production as well as quality of life. To provide this it is required to determine the level of state intervention in eco nomic activity of entities and the states obligation of welfare of its citizens. This approach defines the percentage of the gross national product that needs to be con centrated in financial institutions created by the state. Recent research and publications analysis. An important contribution to the study concerning the formation and distribution of public finances and the states rol