Article

State regulation of the process of initiating innovative projects under conditions of limited funding

Serhiy Shevchenko
Abstract

The study aims to analyse and evaluate the effectiveness of state regulation of the process of initiating innovative projects in conditions of limited funding. The main focus is on the mechanisms used by the state to stimulate the innovation activities of enterprises and develop innovative ideas. The article includes an analysis of the legal and financial environment surrounding innovative projects, as well as an assessment of the role of government programmes and instruments in facilitating their launch and development. It examines grant programmes, tax incentives, state guarantees and other financial support mechanisms, analyses cases of successful initiation of innovative projects on a limited budget, and develops recommendations for optimising state support. The study aims to identify optimal strategies to ensure sustainable growth of the innovation sector under economic constraints

Keywords

innovative project, financial support, state regulation, publicprivate partnership, innovative potential, startup

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Received 01.09.2023, Revised 06.11.2023, Accepted 24.11.2023

Retrieved from Volume 16, No. 2, 2023

Suggested citation

Shevchenko, S. (2023). State regulation of the process of initiating innovative projects under conditions of limited funding. Democratic Governance, 16(2), 79-90. https://doi.org/10.23939/dg2023.02

https://doi.org/10.23939/dg2023.02

Pages 79-90

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