BUSINESS INFORM №9-2017

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Section: Ecology and Environmental Management
UDC 330.332: 339.137.23
Dzyubenko O. M.
The State Investment and Innovation Policy for Development of Forest Sector: the Ecological-Economic Aspects and Mechanisms for Implementation (p. 159 - 165)
The need for formation of the State investment and innovation policy for development of forest sector has been substantiated as an important prerequisite for overcoming investment deficits in both the public and the corporate sectors of forest and wood processing production. The main tendencies in the implementation of capital investments by the entities of forestry entrepreneurship, dynamics of involvement of credit resources by forestry enterprises, and shifts in the structure of capital investments in 2016 were analyzed as compared to 2013. It has been found that an important part of the State investment and innovation policy for development of forest sector should be incentives to accelerate the modernization and upgrading of the material-technical base of lumbering and wood processing. The need to form an institutional framework for partnership between the State and business entities in the part of financing the projects of modernization of lumbering and wood processing equipment has been substantiated.
Keywords: investment and innovation policy, forest sector, expedient forest management, forestry enterprise, mechanism, capital investment, credit funds.
Fig.: 4. Tabl.: 1. Bibl.: 8.

Dzyubenko Oleksandr M. – Candidate of Sciences (Economics), Head of the Department, Cherkassy Regional Department of Forestry and Hunting (4 Medychnyi Ln., Cherkasy, 18009, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Dzyubenko, Oleksandr M. (2017) “The State Investment and Innovation Policy for Development of Forest Sector: the Ecological-Economic Aspects and Mechanisms for Implementation.” Business Inform 9:159–165.

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