After completing the course the student is able to:
1. Student describes and explains the classical and modern management concepts.
2. The student analyzes the problems of management at the strategic level.
3. The student describes the values and laws of the procedural approach to management.
4. The student justifies the priority directions of innovative development with the needs and characteristics of the national economy.
5. The student evaluates the condition, dynamics, efficiency and innovation potential of the company justifies its priorities for capacity.
6. The student develops and justify management decisions to ensure the effectiveness of innovative development entities.

International Economics
International Investment and Innovation

1. Innovation and the cyclical nature of economic development. Key Concepts innovation. 2. Measurement of innovation and factors of its formation. 3. Modern organizational forms of innovation. National innovation systems. The global scientific and technological information and communication in the innovation sphere. The infrastructure market innovation. 4. State support of innovative entrepreneurship. 5. Marketing Innovation. Strategy and business model innovation of the enterprise. 6. The innovative potential of the company. Investment maintenance of innovative enterprise development. 7. Risks in innovation and management. 8. Protection of intellectual property and the economy as a component of economic security innovation.

Basic reference materials:
1. Kuzmin O.Y., Kniaz S.V., Tuvakova N.V., Kuznetsov A.Y. Investment and Innovation: Monograph / Science. Ed. prof., Dr. Sc. Science O.Y.Kuzmina. - Lviv: LBI NBU, 2003. - 233 p.
2. Kuzmin O.E., Kniaz S.V., Vivchar O.I., Miller L.I. Activation of investment and innovation activity: Monograph / Science. Ed. prof., Dr. Sc. O.Y.Kuzmina Sciences. - Stryi: LLC "Ukrpol", 2005. - 250 p.
3. Kniazy S.V. The innovative development of the enterprise: the essence of the concept, principles of evaluation and regulation / S.V.Kniazy, V.A. Novitsky // Modern research materials II international scientific conference, 20-28 February 2006 - Dnepropetrovsk: Science and Education. - 2006. - T. 28. - P. 64 - 67.

Other reference materials:

1. Barrow K. , Barrow P., Brown R. Business Plan. Practical Guide. - Kyiv: Knowledge, 2001. - 285 p.
2. Sapto B. Innovations as the economic development funds. - Moscow: Progress, 1990. - 296 p.
3. Yankovskyi K., Muhar J. Organization ynvestytsyonnoy and ynnovatsyonnoy activity. - St. Petersburg: Peter, 2001. – 448 p.
4. Maquire C., Karlauskas E., Weir A. Information services for innovative organizations (USA). - California: Academic press inc., 1994. - 319 p.

- Current control (30%): oral questioning, lab works, performance of calculation and graphic work;
- Final control (70%): semester control (written and oral component)