IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2022i4p93-112.html
   My bibliography  Save this article

The Impact of Innovation on The Structure of the Assets of the Enterprises

Author

Listed:
  • Mariana Humeniuk
  • D³àna Shelenko
  • Natalia Kovalchuk
  • Ivan Balaniuk
  • Iryna Kozak-Balaniuk

Abstract

The article evaluates the impact of the intensity of innovation of the enterprise on the structure of its assets. The importance of optimising the structure of assets to ensure the efficient operation of the enterprise is substantiated and the optimal structure of the company’s assets is determined in terms of minimising the duration of the operating cycle. It has been established that the process of optimising the structure of enterprise assets in order to ensure the efficiency of its operation should be considered through the prism of comprehensive optimisation of all components. The study of enterprises by the method of alternative valuations gave grounds to determine the ratio between non-current and current assets of 80:20, which may be optimally provided that automated and high-tech production. The sequence of stages of the asset structure optimisation model has been proposed and described, the mechanism of determining the optimal structure at each of the stages is outlined, the expediency of practical application of the model is proved.

Suggested Citation

  • Mariana Humeniuk & D³àna Shelenko & Natalia Kovalchuk & Ivan Balaniuk & Iryna Kozak-Balaniuk, 2022. "The Impact of Innovation on The Structure of the Assets of the Enterprises," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 93-112.
  • Handle: RePEc:bas:econst:y:2022:i:4:p:93-112
    as

    Download full text from publisher

    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2022/2022-4/06_Humeniuk.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ivan Balaniuk & Ihor Kozak & Diana Shelenko & Sergiy Balaniuk & Iryna Kozak-Balaniuk, 2019. "Forecasting of Gross Agricultural Output of Agrarian Enterprises of Ukraine: Case Study with STELLA Software," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 148-163.
    2. Wagenvoort, Rien, 2003. "Are finance constraints hindering the growth of SMEs in Europe?," EIB Papers 7/2003, European Investment Bank, Economics Department.
    3. Hamilton Pozo & Getulio Kazue Akabane & Takeshy Tachizava, 2019. "Innovation and technology processes in micro and small business," Cogent Business & Management, Taylor & Francis Journals, vol. 6(1), pages 1588088-158, January.
    4. Olga Sosnovska & Maksym Zhytar, 2018. "Financial Architecture As The Base Of The Financial Safety Of The Enterprise," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 4(4).
    5. Emilia Lamberti & Mauro Caputo & Antonello Cammarano & Francesca Michelino, 2016. "Investigating the relationship between open business models and intangible assets," International Journal of Management and Enterprise Development, Inderscience Enterprises Ltd, vol. 15(2/3), pages 147-173.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Quader, Syed Manzur, 2017. "Differential effect of liquidity constraints on firm growth," Review of Financial Economics, Elsevier, vol. 32(C), pages 20-29.
    2. Jang, SooCheong (Shawn), 2011. "Growth-focused or profit-focused firms: Transitions toward profitable growth," Tourism Management, Elsevier, vol. 32(3), pages 667-674.
    3. Fabiane Tubino Garcia & Carla Schwengber ten Caten & Elaine Aparecida Regiani de Campos & Aline Marian Callegaro & Diego Augusto de Jesus Pacheco, 2022. "Mortality Risk Factors in Micro and Small Businesses: Systematic Literature Review and Research Agenda," Sustainability, MDPI, vol. 14(5), pages 1-37, February.
    4. Zilja, Flladina & Benito, Gabriel R.G. & Boustanifar, Hamid & Zhang, Dan, 2023. "CEO wealth and cross-border acquisitions by SMEs," International Business Review, Elsevier, vol. 32(6).
    5. Erik Canton & Isabel Grilo & Josefa Monteagudo & Peter Zwan, 2013. "Perceived credit constraints in the European Union," Small Business Economics, Springer, vol. 41(3), pages 701-715, October.
    6. Levandivskyi Omelian & Shpykuliak Oleksandr & Balaniuk Ivan & Svynous Ivan & Shelenko Diana, 2022. "Modeling of Added Value as a Financial Indicator of Activity of Agricultural Enterprises in the Regions of Ukraine," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 44(3), pages 288-301, September.
    7. Marlena Ciechan-Kujawa & Michal Buszko, 2020. "The Susceptibility of the Business Model to Changes - Empirical Analysis of Internal Determinants of Variability," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 739-757.
    8. Syed Manzur Quader, 2017. "Differential effect of liquidity constraints on firm growth," Review of Financial Economics, John Wiley & Sons, vol. 32(1), pages 20-29, January.
    9. Bahadır Ergün & Ömer Tuğsal Doruk, 2020. "Effect of financial constraints on the growth of family and nonfamily firms in Turkey," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 6(1), pages 1-24, December.
    10. Schmieder, Christian & Memmel, Christoph & Stein, Ingrid, 2007. "Relationship lending: empirical evidence for Germany," Discussion Paper Series 2: Banking and Financial Studies 2007,14, Deutsche Bundesbank.
    11. Cour-Thimann, Philippine & Salleo, Carmelo & Perrard, Romain & Hendrikx, Maarten & Waschiczek, Walter & Antão, Paula & Rantala, Anssi & Nahmias, Laurent & Sauvé, Annie & Reininger, Thomas & Walko, Zol, 2007. "Corporate finance in the euro area - including background material," Occasional Paper Series 63, European Central Bank.
    12. Timo Baas & Mechthild Schrooten, 2006. "‘Relationship Banking and SMEs: A Theoretical Analysis’," Small Business Economics, Springer, vol. 27(2), pages 127-137, October.
    13. Wagenvoort, Rien J.L.M. & Ebner, André & Morgese Borys, Magdalena, 2011. "A factor analysis approach to measuring European loan and bond market integration," Journal of Banking & Finance, Elsevier, vol. 35(4), pages 1011-1025, April.
    14. Milos Markovic & Michael A. Stemmer, 2017. "Firm Growth Dynamics and Financial Constraints: Evidence from Serbian Firms," Documents de travail du Centre d'Economie de la Sorbonne 17012, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    15. Ferrando, Annalisa & Martinez-Carrascal, Carmen & Coluzzi, Chiara, 2009. "Financing obstacles and growth: an analysis for euro area non-financial corporations," Working Paper Series 997, European Central Bank.
    16. Bellucci, Andrea & Borisov, Alexander & Zazzaro, Alberto, 2010. "Does gender matter in bank-firm relationships? Evidence from small business lending," Journal of Banking & Finance, Elsevier, vol. 34(12), pages 2968-2984, December.
    17. Esho, Ebes & Verhoef, Grietjie, 2018. "The Funding Gap and the Financing of Small and Medium Businesses: An Integrated Literature Review and an Agenda," MPRA Paper 90153, University Library of Munich, Germany, revised 21 Nov 2018.
    18. Canton, E.J.F. & Grilo, I. & Monteagudo, J. & van der Zwan, P.W., 2012. "Perceived credit constraints in the European Union," ERIM Report Series Research in Management ERS-2010-001-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    19. Anton, Sorin Gabriel & Avadanei, Andreea, 2010. "The implications of European retail banking integration on small and medium-sized enterprises financing. An overview," MPRA Paper 28660, University Library of Munich, Germany.
    20. Luis Pedauga & Francisco Sáez & Blanca L. Delgado-Márquez, 2022. "Macroeconomic lockdown and SMEs: the impact of the COVID-19 pandemic in Spain," Small Business Economics, Springer, vol. 58(2), pages 665-688, February.

    More about this item

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2022:i:4:p:93-112. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.