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Financial Innovations

Major: Finance, Banking and Insurance
Code of Subject: 7.072.00.O.9
Credits: 3
Department: Finance
Lecturer: Prof. Ihor Alieksieiev, ScD Assoc. Prof. Andriana Mazur, PhD.
Semester: 2 семестр
Mode of Study: денна
Learning outcomes:
• to know the concept of innovation, innovation process, innovation cycle, classification of innovation, components of economic mechanism of innovative activity realization;
• to know the stage of research and development, stage of the life cycle of innovation and products, the content of the R&D stages and the corresponding source of resources, including financial provision;
• to be able to make the attribution of a work to a specific R&D stage;
• to understand the concept and features of financial innovation.
Required prior and related subjects:
• Finance,
• Finance of enterprises,
• Financial analysis,
• Financial market.
Summary of the subject:
Scientific bases of innovation. Innovations and social and economic development. Theory of innovation. Venture financing: funds, its activity and regulation. Background of financial innovation in society and enterprises. Financial bases of innovative development of enterprise. Innovative development of enterprises and financial innovation in Ukraine. Innovative enterprises and programs.
Recommended Books:
1. Закон України “Про інноваційну діяльність”: за станом на 04.07.2002 р.// Офіц. вид. – Відомості Верховної Ради України. – 2002. – № 36. – Ст. 266. (чинне законодавство зі змінами та доповненнями – редакція від 05.12.2012 р.)
2. Закон України “Про наукову і науково-технічну діяльність” : за станом на 26.11.2015 р. // Офіц. вид. – Відомості Верховної Ради України. – 2016. – № 3. – С. 5. – Ст. 25.
3. Alieksieiev I.V. Theoretic-methodological approach to the evaluation of fixed assets technical state at the stage of scientific and technical preparation of production / I.V. Alieksieyev, A.V. Mazur // «The world economy. Global and country-specific aspects». Reihe: «Europ?ische Integration. Grundfragen der Theorie und Politik». – Berlin: Forschungsinstitut der IWVWW e. V. Berlin, 2014. – Nr. 35/2014. – P. 137-147.
Assessment methods and criteria:
• practical training, small groups work (45%);
• final control (55% - the final exam): a written component (30%), an oral component (25%).