Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry
The paper substantiates conceptual approaches to forming a strategy of innovation-based development of the national coal industry, which consist in defining the basis for using a portfolio approach to the management of innovation projects at the enterprise; consideration of uncertainty and risk fact...
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| Published in: | Економічний вісник Донбасу |
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| Date: | 2014 |
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| Format: | Article |
| Language: | English |
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Інститут економіки промисловості НАН України
2014
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| Cite this: | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry / Yu.Z. Drachuk, L. M. Rassuzhday, N.V. Trushkina // Економічний вісник Донбасу. — 2014. — № 4(38). — С. 140-148. — Бібліогр.: 17 назв. — англ. |
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Digital Library of Periodicals of National Academy of Sciences of Ukraine| _version_ | 1860125453375766528 |
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| author | Drachuk, Yu.Z. Rassuzhday, L.M. Trushkina, N.V. |
| author_facet | Drachuk, Yu.Z. Rassuzhday, L.M. Trushkina, N.V. |
| citation_txt | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry / Yu.Z. Drachuk, L. M. Rassuzhday, N.V. Trushkina // Економічний вісник Донбасу. — 2014. — № 4(38). — С. 140-148. — Бібліогр.: 17 назв. — англ. |
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| container_title | Економічний вісник Донбасу |
| description | The paper substantiates conceptual approaches to forming a strategy of innovation-based development of the national coal industry, which consist in defining the basis for using a portfolio approach to the management of innovation projects at the enterprise; consideration of uncertainty and risk factors when evaluating innovation projects; government regulation of market mechanisms in the implementation of innovation-based development of the coal industry; prove of coal-mining enterprises’ capitalization by production modernization; boosting innovative activities in the coal mines; institutional changes in the innovation-based development of the coal industry; improvement of the organizational and economic mechanism for managing the innovation-based development of the coal industry. It was determined that the strategy of innovation-based development of the coal industry should be based on the implementation of the following priority directions: technical re-equipment of coal production, including the development of underground mining technologies with preferential use of mechanized complexes of a new technological level in the stopes, the industrial utilization of coal mine methane; implementation of measures to enhance the role of the sectoral science for scientific and technological, academic and experimental purposes; renewal of the material and technical base of the sectoral science and training highly-qualified scientific personnel.
У статті обґрунтовано концептуальні підходи до формування стратегії інноваційного розвитку національної вугільної промисловості, які полягають у визначенні основ застосування портфельного підходу до управління інноваційними проектами на підприємстві; врахуванні чинників невизначеності й ризику при оцінці інноваційних проектів; державному регулюванні ринкових механізмів у здійсненні інноваційного розвитку вугільної галузі; доведенні доцільності капіталізації вугледобувних підприємств за рахунок модернізації виробництва; активізації інноваційної діяльності на вугільних підприємствах; тенденціях інституціональних змін в інноваційному розвитку вугільної промисловості; удосконаленні організаційно-економічного механізму управління інноваційним розвитком вугільної промисловості.Визначено, що стратегія інноваційного розвитку вугільної галузі має базуватися на реалізації таких пріоритетних напрямів: технічне переоснащення вугледобувного виробництва, включаючи забезпечення розвитку технології підземного видобування з переважним використанням у очисних вибоях механізованих комплексів нового технічного рівня, промислову утилізацію шахтного метану; здійснення заходів з підвищення потенціалу та посиленні ролі галузевої науки за науково-технологічними, проектно-конструкторськими і дослідно-експериментальними цілями; відновлення матеріально-технічної бази галузевої науки та підготовка наукових кадрів вищої кваліфікації.
В статье обоснованы концептуальные подходы к формированию стратегии инновационного развития национальной угольной промышленности, которые состоят в определении основ применения портфельного подхода к управлению инновационными проектами на предприятии; учете факторов неопределенности и риска при оценке инновационных проектов; государственном регулировании рыночных механизмов при осуществлении инновационного развития угольной отрасли; доведении целесообразности капитализации угледобывающих предприятий за счет модернизации производства; активизации инновационной деятельности на угольных предприятиях; тенденциях институциональных изменений в инновационном развитии угольной промышленности; совершенствовании организационно-экономического механизма управления инновационным развитием угольной промышленности. Определено, что стратегия инновационного развития угольной отрасли должна базироваться на реализации таких приоритетных направлений: техническое переоснащение угледобывающего производства, включая обеспечение развития технологииподземной добычи с преимущественным использованием в очистных забоях механизированных комплексов нового технического уровня, промышленную утилизацию шахтного метана; осуществление мероприятий по повышению потенциала и усилению роли отраслевой науки по научно-технологическим, проектно-конструкторским и опытно-экспериментальным целям; обновление материально-технической базы отраслевой науки и подготовка научных кадров высшей квалификации.
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Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
140
Економічний вісник Донбасу № 4(38), 2014
UDC 330.341.1 : 622.33
Yu. Z. Drachuk,
DrHab (Economics),
L. M. Rassuzhday,
PhD (Economics),
N. V. Trushkina,
Master in Economics,
Institute of Industrial Economics NAS of Ukraine, Kyiv
CONCEPTUAL APPROACHES TO FORMING A STRATEGY
OF INNOVATION-BASED DEVELOPMENT OF THE COAL INDUSTRY*
Problem setting. The innovation-based develop-
ment is a strategic priority for the economic policy of
Ukraine, and the scientific and technological develop-
ment of industrial enterprises is considered as one of
the major problems of the national economy. The ac-
cession to the WTO provides for a significant accelera-
tion of innovation processes aimed at increasing pro-
duction and sales of new competitive products, the
expansion of production activities and access to the
world markets.
The experience of developed foreign countries
convinces that a sustainable socio-economic growth is
achieved only on the basis of innovation through the
active use of modern scientific research. Only under
such conditions the plans on production of high-quality
products, resource-saving intensification, increase of
production efficiency, products competitiveness assur-
ance on the domestic and global markets are imple-
mented.
One of the determining factors of accelerated eco-
nomic growth is the activation of innovative activities
of enterprises and the transition of Ukraine to an inno-
vative model of the economic development. And “...
the dominant of the state policy in relation to the coal
industry, as it is noted by the researchers of the Insti-
tute of Industrial Economics of NAS of Ukraine, is to
enhance the efficiency of coal mining rather than the
achievement of its predefined volume at any price” [1].
The proposals offered by the scientists to improve
and stabilize the work of the coal industry include:
accelerating the restructuring of the industry followed
by putting of highly-unprofitable mines out of opera-
tion mostly through conservation and modernization of
promising mines (the appropriate social protection for
the workers released being provided); legal regulation
of the state support system for coal mining companies
giving it incentive character; establishment of the regu-
latory and methodological framework for attracting
private investment in public sector of the industry
through joint development of coal deposits by public
and private enterprises; implementation of the anticipa-
tory strategy aimed at creating fundamentally new,
innovative tools and technologies necessary for
Ukrainian mines to extract the coal from thin problem-
atic layers [1]. According to leading scientists, “For-
mation of the innovation economy supposes the crea-
tion of such an institutional environment where innova-
tion is the main source of maximization of owner’s
individual incomes” [2, p. 19].
*- The research was conducted within the research
project of IIE of NAS of Ukraine “Developing the
institutional environment for the industrial production
in Ukraine with consideration of features of the indus-
try” (state registration number 0113U004371).
Innovative economic model is based directly on
obtaining new research results and their technological
introduction in production, providing thus the GDP
growth mainly due to the production and sale of high-
tech products and services. Its main purpose is to im-
prove the competitiveness of the national economy
through the use of domestic and global scientific, tech-
nical and educational potential.
The problem of the development and use of the
innovation potential is of special importance, what is
explained by the need to address the strategic objec-
tives at the micro and macro levels. At the same time,
one can observe an organic entry of the Ukrainian
economy into the world economy. Technological de-
velopment is practically carried out in all industries and
contributes to strengthening of the innovative nature of
production activities and forming of a special sphere of
innovation sphere with specificity and actors character-
istic of it. A necessary condition for the formation of
the innovation sphere is the determination of the mech-
anisms of innovation processes development. Now, the
innovative activity is considered as one of the most
important factors in improving the efficiency of indus-
trial production. Intensification of innovation requires
new approaches to the organization of the relationship
between all participants of the innovation process,
consolidation of certain functions for the relevant au-
thorities.
Management of Innovations
Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
141
Економічний вісник Донбасу № 4(38), 2014
Analysis of recent researches and publications.
Problems of formation of the industrial innovation
development strategy with cosideration of sectoral
specificity are studied by many scholars, including O.
Amosha, I. Buleev, V. Vyshnevskyi, A. Voronkova,
V. Heyets, V. Holyan, T. Grynko, V. Dementyev,
A. Zemlyankin, A. Kabanov, T.M. Kachala, Yu. Kin-
dzerskyi, Yu. Kovalenko, L. Kuzmenko, T. Melnyk,
K. Pavlov, Yu. Petrunya, L. Rassuzhday, L. Stary-
chenko, D. Cherevatskyi, A. Chukhno, N. Chukhray,
L. Fedulova, N. Shchepkina and others. The researches
of leading scientists are the scientific basis for the de-
velopment of further scientific-methodological posi-
tions, methodological and applied scientific recom-
mendations on forming the strategy of innovation-
based development of the coal industry.
The task of this study is to justify the conceptual
approaches to the formation of the strategy of innova-
tion-based development of the national coal industry.
The main material of the study. The study de-
fines conceptual approaches to the formation of inno-
vation-based development of the coal industry (Fig. 1).
Let us consider each of these approaches.
Fig. 1. Directions of forming a strategy for innovation-based
development of the coal industry on the conceptual foundations
The modern theory of portfolio investments was
proposed by the American economist and Nobel laure-
ate in economics Harry Markowitz [3], the basic con-
cept of which is reduced to the following: the behavior
of capital market players is determined not only by
obtaining of the expected return on their investment,
but on all the securities, according to the market of
capital research in the U.S., which are traded on the
market and which are in demand. In certain circum-
stances, low-income securities may seem more attrac-
tive for some investors than high-income ones. Thus,
to determine the choice of security the investor is guid-
ed not only by the expected return, but also by a possi-
ble risk. The main problem facing the investor is to
achieve the maximum level of expected return on in-
vestment under a given level of risk and to reduce a
potential risk for the expected return. The aim of every
investor – more income with less risk.
Basics of H. Markowitz’s theory of optimal port-
folio are:
indicators of measurement of risk level, proposed
first. Earlier, the risk was measured intuitively. The
risk is the degree of error in the prediction of income;
Conceptual approaches to forming the strategy of
innovation-based development of the coal industry
Application of portfolio approach to management of
innovation projects in the coal mines
Considering the uncertainties and risk in the investment
and innovation projects in the field of coal production
Capitalization of coal enterprises
on the basis of production modernization
Intensification of innovative activity in the coal mines
Trends in institutional changes in the innovation-based
development of the coal industry
Organizational-economic mechanism of
innovation-based development management in the coal industry
State regulation of market mechanisms in the implementation
of innovation-based development of the coal industry
Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
142
Економічний вісник Донбасу № 4(38), 2014
investment risk, which can be reduced by the di-
versification of investments through the increase of the
number of components of the investment portfolio. In
this case, those portfolio assets are chosen the revenues
of which have different focuses and do not depend on
the same factors. The relationship between incomes is
measured by the correlation coefficient “r”. The nega-
tive correlation reduces the risk, the positive increases
it;
differences between the risk and income of one
financial instrument and the risk and income portfolio,
which consists of several financial instruments;
choice of assets by a rational investor that provide
less risk under a given level of income, or providing a
bigger income under a given level of risk.
Thus, a so-called efficient portfolio is formed. In
the theory, the line that connects all effective invest-
ments is called the limit of effectiveness.
The modern theory and practice of investment
management considers an innovation investment pro-
ject as a set of interrelated activities designed to
achieve predefined goals for a limited period of time
and under the budget established (plan of cost). This
project is an integrated system that requires certain
resources for its implementation, i.e., requires the in-
vestment of capital, has a specific life cycle, is created
and functions in the external environment under the
influence of many factors. However, to predict precise-
ly the extent and the nature of impact of each of the
factors or their combination on the characteristics of
the project is almost impossible, that is, keeping any
project is closely connected with the concept of risk.
The need of risk management for the investment
project is explained by the specific features inherent in
real investment: the scale of investment in facilities
that are the complex natural and industrial systems;
high capital intensity and constant dependence on natu-
ral, technological and human impacts; complexity of
the relationship between hazard (risks) and possible
damage [4].
Thus, the problem of making investment decisions
is reduced to the analysis of the adequacy of the plan of
anticipated development of events and probable conse-
quences of its impact on the expected outcome.
The higher the investor assesses the risk of the
project, the greater his requirements for the profitabil-
ity of the project. When making calculations, this is
reflected by an increase in the discount rate due to the
inclusion of the so-called “risk premium”. Obviously,
the increase in the discount rate reduces the estimated
effectiveness of the investment project. This reduction
should take into account possible losses associated
with the risk events. Discount rate reflects the profita-
bility of alternative investments, but the above alterna-
tive investments are also generally associated with risk.
To avoid the double consideration of the risk, the cal-
culations use as a rule risk-free alternative investments
(such as government bonds). Thus, the need to consid-
er the risk in the discount rate generates a new concept
– the discount rate that takes into account risk.
Analysis of uncertainty factors in the design, se-
lection and implementation of investment projects is
multifaceted and is provided [5]:
technically – by changing the requirements to the
content and composition of project materials, as well as
through the development of the organizational and
economic mechanism that allows to adapt the project to
changing conditions;
methodically – through the use of such models of
functioning of investment facilities and methods of
evaluating the effectiveness of investment projects
(methods for calculating the indicators of expected
effectiveness), which provide as complete and ade-
quate account of uncertainties as possible;
organizationally – through the creation of new or-
ganizational structures, and / or involvement of new
members in the project in order to reduce or redistrib-
ute the risk.
Based on the analysis of existing approaches of
scientific schools and generalization of advanced inter-
national experience, the system is offered that includes
the measures on the state regulation of innovation-
based development of production under modernization,
structural economic reforms and intensification of
integration processes (Fig. 2).
The world experience shows that the coal indus-
tries of leading economies around the world connect
their development with innovative modernization
aimed at the development and implementation of tech-
nologies for complex processing of coal. At the same
time, large-scale closure of mines leads to the loss of
already disclosed industrial coal reserves and worsen-
ing of the social situation in the coal-mining regions.
The problems facing the coal industry can be solved
due to the mechanisms of companies’ capitalization
that are reflected in the new long-term coal policy [6;
7].
To give ground in favor of ways of improving the
mechanisms of capitalization by increasing the value
added in the chain of enterprises value increase on the
basis of innovative modernization of the coal produc-
tion the following is proposed [8]:
using the categories of production (enterprise)
capitalization as applied to the development of coal
mines;
conducting innovative modernization of coal pro-
duction to form a chain of the economic value added
by switching from goods production for a narrow ener-
gy use to getting products new for the industry, i.e., a
complex coal processing.
Capitalization as the process involves an extended
reproductive value. Capitalization is the first step to-
wards the establishment of production activity, which
enables the extended reproduction of all assets avail-
Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
143
Економічний вісник Донбасу № 4(38), 2014
Fig. 2. Measures of state regulation of market mechanisms
in the implementation of innovation-based development of the coal industry
able at the enterprise. It should be noted that to ensure
that the assets are not destroyed, they have to earn the
money at least on their own repair. In this sense, capi-
talization is a minimum condition that ensures a slow
but progressive growth (development) of the company.
The indicator of capitalization is the value of
(company’s) asset – a single asset can be expensive but
have a low market capitalization. To solve the prob-
lems of the industry capitalization, the factors of capi-
talization are divided into three levels (Fig. 3):
lower level – the level of the enterprise (micro-
level) – a set of different resources, assets, including
the ability of individual workers, each of which re-
quires the capitalization of in order to develop;
average – sectoral (meso-level) – the state regula-
tion of capitalization, which is reflected in the policy of
the state development of the industry aimed at creating
a favorable investment climate and possible getting of
credit and other resources;
upper level – the integrated needs of the country,
society's identity. Manageability of capitalization at
enterprise level will depend on whether the society
truly determined the integral value priorities of capital-
ization which are reflected in the level of GDP, gov-
ernment policy, regulatory and legislative framework.
To do this, a draft standard of activities with capitaliza-
tion is formed and given to companies, their resources
and assets built in the chain of added value production.
The analysis of the scientific literature shows that
despite the presence of a large number of publications
on problems of capitalization there are no works deal-
ing with management of capitalization in the coal in-
dustry, which is mainly explained by a high unprofita-
bility of coal-mining enterprises. The solution to this
problem lies in the innovative modernization of the
industry. Innovation-based development of the coal
industry is associated with the improvement of ma-
chinery and technology of coal mining, and borrowing
of foreign technologies is offered as a source of devel-
opment of this area. At the same time, the analysis of
global trends in innovation-based development of the
coal industry is associated with the development and
implementation of technologies for complex pro-
cessing of coal.
Management of the coal and energy sector takes
into account the principles of social and economic
programming which are characterized by: the need to
take into account the nature of the coal-mining regions
development caused by the closure of coal-mining
enterprises; consideration of a city-forming factor of
coal-mining enterprises in order to determine the con-
ditions for operation of the mining areas after working
out or cessation of the deposit exploitation; considera-
tion of market conditions for the fuel and energy re-
sources; consideration of investment made by partici-
pants of transformations when choosing measures of
socio-economic development of the area; need to con-
sider external and converting entities as a single eco-
nomic complex areas taking into account the economic,
social and environmental factors.
To introduce new innovative technologies for
complex processing of coal and to create industrial
clusters it is advisable to use the following tools:
State regulation of innovation-based development coal production
Improving the institutional framework for international scientific-technical
and innovation cooperation
Developing the system of intellectual property rights protection
Stimulating domestic demand for domestic innovation of coal enterprises
Forming the mechanism of insurance coverage
for investment and innovation projects in coal mining [9]
Active involvement of Ukrainian scientists in international projects in the mining industry and
encouraging mobility of researchers
Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
144
Економічний вісник Донбасу № 4(38), 2014
Fig. 3. Factors of coal-mining enterprises capitalization [8]
granting benefits for income tax to the companies
which implement technologies of integrated use of
mineral resources. The benefit can be granted on a
competitive basis and for the project’s payback period;
abolition of duty on import of equipment and
VAT on it in order to reduce capital expenditures for
purchasing the equipment for complex processing of
coal;
development of the credit mechanism for the
companies which wish to introduce innovative tech-
nologies;
development of the organizational-economic
mechanism of providing public money and government
guarantees, creation of budgetary environmental funds,
where the implementation of these technologies will
allow to obtain a significant environmental and eco-
nomic effect.
Modernization of technological processes occur-
ring at coal-mining companies on the basis of complex
processing of coal will increase: the investment attrac-
tiveness of coal-mining companies because of the pro-
spect for making profit in a shorter period; capital
funds through the implementation of additional prod-
ucts; capitalization of coal-mining companies, coal
companies due to obtaining of additional economic
value and their inclusion in the chain of values.
The institutional environment is one of the main
factors that determine the dynamics and nature of the
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Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
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Економічний вісник Донбасу № 4(38), 2014
development of certain economic sectors, in particular
the coal industry. The current strategy of rational use of
mineral resources is not based only on market opportu-
nities. Even in the developed countries, the market
mechanism does not provide solution of the problem of
strategic development of mineral resources use, envi-
ronmental protection, sustainable economic security.
So, the government regulation is necessary.
Institutional changes are considered on the basis
of the total life cycle of any system. For example, in
Ukraine, where there was a phase of liquidation, disap-
pearance of old institutions the phase of the emergence
of new institutions is determined, the stage of institu-
tional designing. When creating new institutions, one
can use both a government forced choice of a new
institution through the mechanism of the political mar-
ket and the voluntary adoption of new factors by coal-
mining companies through the mechanism of market
institutions, which should be created.
In Ukraine, there are still no large-scale institu-
tional innovations that the state could carry out because
the transition to the market means only price liberaliza-
tion and the introduction of private ownership of pro-
duction assets (means of production).
However, the real input of price liberalization oc-
curred long before the adoption of the normative doc-
ument that would formalize, allow punishment without
a promise for the things which for a few years were a
normal practice for coal-mining companies. They are a
barter exchange, contract prices, and a black coal mar-
ket, etc. As for the introduction of private ownership,
in fact, the privatization is again becoming a formaliza-
tion of property distribution that already took place in
the pre-reform period [10].
It may be noted that in the country as a whole and
in the coal industry, in particular, there is a market of
different institutes of exchange that has been developed
and operates, i.e., the market in the equilibrium stage:
a small proportion of the civilized market (with a
government guarantor of property eligibility and their
changes), while its predominant part is distributed
between private clan agreements and nationalized clan
agreements (with a government guarantor that acts
selectively, i.e., not on the basis of the law but on the
basis of individual decisions made by the executive).
At present, the codes and standards for mining
operations which concern all aspects of coal mining are
revised, including those from the exploration to closure
of enterprises and settlement of issues in the further
stage. However, there is a need to solve the problems
concerning the issuance of licenses for mining with
clear requirements for the provision of data and report-
ing by the entities, the assurance of full transparency in
this and all subsequent stages of the coal companies
operation.
In the coal sector, to some extent, the transfor-
mation of property relations is carried out on the basis
of privatization of state-owned enterprises, creation of
integrated structures [11], but the institutional prob-
lems concerning the impact changes of the organiza-
tional methods on sectoral restructuring and socio-
economic development of mining regions should be
still solved, as well as the transition to market regula-
tion on the basis of the principles of production effi-
ciency, etc. [12, 13]. There are still unresolved issues
concerning structural changes, namely: the technical
upgrading of production, replacement of physically and
morally obsolete fixed assets, ecologization of produc-
tion, transition to advanced and resource-saving tech-
nologies, reduction of negative anthropogenic effects
on the environment of coal enterprises, especially coal
mines, which are in the stage of liquidation [14].
The institutional basis for functioning of the or-
ganizational and economic mechanism of enterprise’s
innovation-based management should provide funding,
material and personnel support in the sphere of produc-
tion, labor organization, marketing services [15, 16,
17].
The economic mechanisms of activation of the in-
novation processes of coal production include: the
restructuring of payables to budgets and off-budget
funds by increasing debt maturities; cancellation of
penalties; reduction of interest by restructuring; partial
or full reimbursement of interest paid on bank loans
from the budget.
To stimulate the innovative activity the following
tax instruments are used: a special tax regime for coal
enterprises implementing innovation; exception of
expenses for research and experimental developments
related to primary production activities from the
amount of taxable income; exemption from taxation of
coal enterprise’s funds invested in risky projects;
providing investment tax credits to companies invest-
ing in their modernization and measures on rational use
of energy; introduction of tax incentives for companies
that conduct R & D: the introduction of tax privileges
for the cost of patents; income tax reduction; writing-
off R & D costs on the cost of coal products; tax cred-
its for investment in research and development; tax
credit to increase R & D expenditure; use of credit
insurance system (guarantee a return to 50% of loans
for 15–20 years); providing companies with subsidies
for research and development of new products or tech-
nological processes (e.g., up to 40% of the cost for
innovation); targeted free subsidies to the enterprises
that are mastering new technology (for the purchase
and installation of new technological equipment, im-
plementation of improvements for up to three years,
etc.); subsidies for small-sized industrial enterprises to
purchase and lease of software and computer equip-
ment (up to 25% of the cost).
The ways of personnel support proposed for the
innovation-based development of the coal industry
include: the renewal of the material and technical base
Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
146
Економічний вісник Донбасу № 4(38), 2014
for the sectoral science and training of highly-qualified
personnel on the basis of changes in the national legis-
lation on the transfer of the cost from a taxable income;
increase of public demand for postgraduate and doctor-
al studies of technical professions; ongoing training of
staff in search of new ideas, research and new technol-
ogies.
In the time of the formation of the scientific and
technical infrastructure in modern Ukraine it is expedi-
ent to:
create cluster structures the operation of which
can accelerate the processes of the economic growth,
boost the innovative activity and the level of region
competitiveness; apply intersectoral cooperation of
companies included in the cluster, which promotes job
growth, the spread of advanced technologies and the
flow of investments into the national economy;
establish the industrial and technological infra-
structure (centers for collective use of high-tech
equipment, technological clusters, innovation and
technology centers and technological parks, innova-
tion-industrial complexes);
introduce consulting activities (foreign economic
consulting, technological, marketing consulting, tech-
nology transfer centers, consulting in the field of eco-
nomics and finance);
create a financial infrastructure (guarantee struc-
tures and funds, budgetary and extra-budgetary funds
for the technological development, venture funds);
form the infrastructure for personnel training (ex-
perts in the field of technology management, personnel
in innovation);
develop an information infrastructure (regional in-
formation networks, resource agencies to support small
business, the state system of scientific and technical
information).
One of the ways of organizing the form of manag-
ing the scientific work in the coal industry is an inte-
grated scientific and technical center “Vuhleinnovatsi-
ya”, the implementation of which requires coordinated
actions of managers of existing research institutions
and their labor groups. Creation of the Center is the
first step towards reforming the management of a sec-
toral science with involvement of research and design
institutions.
The effectiveness of the organizational and eco-
nomic mechanism for managing the innovation-based
development of an industrial enterprise is based on: the
consistency; involvement of all levels of enterprise’s
management cycle in the innovation processes; integri-
ty and unity of the management system; formation of
long-term fundamentals of innovation policy at the
enterprise; introduction of standards system with appli-
cation of adequate economic sanctions for non-
compliance of established requirements; responsibility
of enterprise’s services for achieving the end result of
innovation-based development, increasing interest of
the employees in proactive and strict performance of
their duties; adequacy and efficiency of reflection of
the mechanism functioning and accounting a maximum
number of factors of impact which form the quantita-
tive values of interim and final economic indicators of
enterprise’s innovation-based development.
The defined directions of innovation-based devel-
opment of the coal industry will promote the formation
of innovation infrastructure, enhancement of the eco-
nomic, financial incentives and public funding of prior-
ity measures to boost innovative activities, creation of
an information environment; improve the scientific and
regulatory support to the innovation sector of the in-
dustry.
Conclusions. Strategy of innovative activities of
any industry is a coordinated set of innovative solu-
tions that initially affect the activities of the company
(country, industry) and have a long and sometimes
difficult to reversible effects. Innovations are of great
importance for the country because they determine its
potential for a long term development. As a result,
these innovations become a strategic driver of the eco-
nomic growth both of business and the country. In
Ukraine, where the coal industry is unprofitable and is
characterized by severe and extremely difficult geolog-
ical conditions of work, the creation of the efficient
mechanism to stimulate innovation with the optimal
combination of 'automatic' market and direct state
regulators is of great importance. In this relation, a
considerable work is carried to upgrade and develop
the regulatory framework and methodological for
achieving a scientific and technological progress in
market conditions, taking into account specifics of the
industry.
Analysis of the literature shows that there is a
two-way relationship between the economic growth
and improvement of institutions. In the process of
structural economic modernization the institutional
changes should be taken into account. If the institu-
tional trajectory is consistent with the resources, tech-
nological and institutional constraints, has the mecha-
nisms that provide changes in institutions and prevent
the emergence of institutional traps – it will be socially
perspective.
The main objectives of the strategy of innovation-
based development of the domestic coal industry can
be the increase of coal production, enhancement of
productivity and safety, improvement of coal quality
and reduction of its cost. Proceeding from these objec-
tives, the strategy of innovation-based development of
the coal industry should be based on the implementa-
tion of the following priority directions:
technical re-equipment of coal production, includ-
ing the development of technologies for underground
mining with a preferential use of mechanized complex-
es of a new technical level in the stopes, the industrial
utilization of coal mine methane;
Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
147
Економічний вісник Донбасу № 4(38), 2014
implementation of measures to enhance the poten-
tial and role of the sectoral science according to scien-
tific-technological, design and experimental directions;
renewal of the material and technical base of the
sectoral science and training highly-qualified scientific
personnel.
Conceptual approaches to forming a strategy of
innovation-based development of the national coal
industry are contained in the current concepts of the
development and reform of the industry. The problem
is to establish an effective mechanism of their imple-
mentation. The use of the above organizational and
economic mechanism will provide a comprehensive
solution of problems concerning the innovation-based
development of the coal industry.
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концептуальних положень щодо інституціонально-
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тровськ: Нац. гірничий ун-т, 2014. – С. 147–156.
Драчук Ю. З., Рассуждай Л. М., Трушкіна
Н. В. Концептуальні підходи до формування
стратегії інноваційного розвитку вугільної про-
мисловості
У статті обґрунтовано концептуальні підходи
до формування стратегії інноваційного розвитку
національної вугільної промисловості, які поляга-
ють у визначенні основ застосування портфельного
підходу до управління інноваційними проектами на
підприємстві; врахуванні чинників невизначеності
й ризику при оцінці інноваційних проектів; держа-
вному регулюванні ринкових механізмів у здійс-
ненні інноваційного розвитку вугільної галузі; до-
веденні доцільності капіталізації вугледобувних
підприємств за рахунок модернізації виробництва;
активізації інноваційної діяльності на вугільних
Yu. Z. Drachuk, L. M. Rassuzhday, N. V. Trushkina
148
Економічний вісник Донбасу № 4(38), 2014
підприємствах; тенденціях інституціональних змін
в інноваційному розвитку вугільної промисловості;
удосконаленні організаційно-економічного механі-
зму управління інноваційним розвитком вугільної
промисловості.
Визначено, що стратегія інноваційного розви-
тку вугільної галузі має базуватися на реалізації
таких пріоритетних напрямів: технічне переосна-
щення вугледобувного виробництва, включаючи
забезпечення розвитку технології підземного видо-
бування з переважним використанням у очисних
вибоях механізованих комплексів нового технічно-
го рівня, промислову утилізацію шахтного метану;
здійснення заходів з підвищення потенціалу та
посиленні ролі галузевої науки за науково-
технологічними, проектно-конструкторськими і
дослідно-експериментальними цілями; відновлення
матеріально-технічної бази галузевої науки та під-
готовка наукових кадрів вищої кваліфікації.
Ключові слова: концептуальні підходи, страте-
гії, інноваційний розвиток, вугільна промисловість.
Драчук Ю. С., Рассуждай Л. Н., Трушкина
Н. В. Концептуальные подходы к формирова-
нию стратегии инновационного развития уголь-
ной промышленности
В статье обоснованы концептуальные подходы
к формированию стратегии инновационного разви-
тия национальной угольной промышленности, ко-
торые состоят в определении основ применения
портфельного подхода к управлению инновацион-
ными проектами на предприятии; учете факторов
неопределенности и риска при оценке инновацион-
ных проектов; государственном регулировании
рыночных механизмов при осуществлении иннова-
ционного развития угольной отрасли; доведении
целесообразности капитализации угледобывающих
предприятий за счет модернизации производства;
активизации инновационной деятельности на
угольных предприятиях; тенденциях институцио-
нальных изменений в инновационном развитии
угольной промышленности; совершенствовании
организационно-экономического механизма управ-
ления инновационным развитием угольной про-
мышленности.
Определено, что стратегия инновационного
развития угольной отрасли должна базироваться на
реализации таких приоритетных направлений: тех-
ническое переоснащение угледобывающего произ-
водства, включая обеспечение развития технологии
подземной добычи с преимущественным ис-
пользованием в очистных забоях механизирован-
ных комплексов нового технического уровня, про-
мышленную утилизацию шахтного метана; осу-
ществление мероприятий по повышению потенци-
ала и усилению роли отраслевой науки по научно-
технологическим, проектно-конструкторским и
опытно-экспериментальным целям; обновление
материально-технической базы отраслевой науки и
подготовка научных кадров высшей квалификации.
Ключевые слова: концептуальные подходы,
стратегии, инновационное развитие, угольная про-
мышленность.
Drachuk Yu. Z., Rassuzhday L. M., Trushkina
N. V. Conceptual Approaches to Forming a Strate-
gy of Innovation-Based Development of the Coal
Industry
The paper substantiates conceptual approaches to
forming a strategy of innovation-based development of
the national coal industry, which consist in defining the
basis for using a portfolio approach to the management
of innovation projects at the enterprise; consideration
of uncertainty and risk factors when evaluating innova-
tion projects; government regulation of market mecha-
nisms in the implementation of innovation-based de-
velopment of the coal industry; prove of coal-mining
enterprises’ capitalization by production moderniza-
tion; boosting innovative activities in the coal mines;
institutional changes in the innovation-based develop-
ment of the coal industry; improvement of the organi-
zational and economic mechanism for managing the
innovation-based development of the coal industry.
It was determined that the strategy of innovation-
based development of the coal industry should be
based on the implementation of the following priority
directions: technical re-equipment of coal production,
including the development of underground mining
technologies with preferential use of mechanized com-
plexes of a new technological level in the stopes, the
industrial utilization of coal mine methane; implemen-
tation of measures to enhance the role of the sectoral
science for scientific and technological, academic and
experimental purposes; renewal of the material and
technical base of the sectoral science and training high-
ly-qualified scientific personnel.
Keywords: conceptual approaches, strategy, inno-
vation-based development, coal industry.
Received by the editors: 18.09.2014
and final form 23.12.2014
|
| id | nasplib_isofts_kiev_ua-123456789-87613 |
| institution | Digital Library of Periodicals of National Academy of Sciences of Ukraine |
| issn | 1817-3772 |
| language | English |
| last_indexed | 2025-12-07T17:41:18Z |
| publishDate | 2014 |
| publisher | Інститут економіки промисловості НАН України |
| record_format | dspace |
| spelling | Drachuk, Yu.Z. Rassuzhday, L.M. Trushkina, N.V. 2015-10-22T09:02:10Z 2015-10-22T09:02:10Z 2014 Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry / Yu.Z. Drachuk, L. M. Rassuzhday, N.V. Trushkina // Економічний вісник Донбасу. — 2014. — № 4(38). — С. 140-148. — Бібліогр.: 17 назв. — англ. 1817-3772 https://nasplib.isofts.kiev.ua/handle/123456789/87613 330.341.1 : 622.33 The paper substantiates conceptual approaches to forming a strategy of innovation-based development of the national coal industry, which consist in defining the basis for using a portfolio approach to the management of innovation projects at the enterprise; consideration of uncertainty and risk factors when evaluating innovation projects; government regulation of market mechanisms in the implementation of innovation-based development of the coal industry; prove of coal-mining enterprises’ capitalization by production modernization; boosting innovative activities in the coal mines; institutional changes in the innovation-based development of the coal industry; improvement of the organizational and economic mechanism for managing the innovation-based development of the coal industry. It was determined that the strategy of innovation-based development of the coal industry should be based on the implementation of the following priority directions: technical re-equipment of coal production, including the development of underground mining technologies with preferential use of mechanized complexes of a new technological level in the stopes, the industrial utilization of coal mine methane; implementation of measures to enhance the role of the sectoral science for scientific and technological, academic and experimental purposes; renewal of the material and technical base of the sectoral science and training highly-qualified scientific personnel. У статті обґрунтовано концептуальні підходи до формування стратегії інноваційного розвитку національної вугільної промисловості, які полягають у визначенні основ застосування портфельного підходу до управління інноваційними проектами на підприємстві; врахуванні чинників невизначеності й ризику при оцінці інноваційних проектів; державному регулюванні ринкових механізмів у здійсненні інноваційного розвитку вугільної галузі; доведенні доцільності капіталізації вугледобувних підприємств за рахунок модернізації виробництва; активізації інноваційної діяльності на вугільних підприємствах; тенденціях інституціональних змін в інноваційному розвитку вугільної промисловості; удосконаленні організаційно-економічного механізму управління інноваційним розвитком вугільної промисловості.Визначено, що стратегія інноваційного розвитку вугільної галузі має базуватися на реалізації таких пріоритетних напрямів: технічне переоснащення вугледобувного виробництва, включаючи забезпечення розвитку технології підземного видобування з переважним використанням у очисних вибоях механізованих комплексів нового технічного рівня, промислову утилізацію шахтного метану; здійснення заходів з підвищення потенціалу та посиленні ролі галузевої науки за науково-технологічними, проектно-конструкторськими і дослідно-експериментальними цілями; відновлення матеріально-технічної бази галузевої науки та підготовка наукових кадрів вищої кваліфікації. В статье обоснованы концептуальные подходы к формированию стратегии инновационного развития национальной угольной промышленности, которые состоят в определении основ применения портфельного подхода к управлению инновационными проектами на предприятии; учете факторов неопределенности и риска при оценке инновационных проектов; государственном регулировании рыночных механизмов при осуществлении инновационного развития угольной отрасли; доведении целесообразности капитализации угледобывающих предприятий за счет модернизации производства; активизации инновационной деятельности на угольных предприятиях; тенденциях институциональных изменений в инновационном развитии угольной промышленности; совершенствовании организационно-экономического механизма управления инновационным развитием угольной промышленности. Определено, что стратегия инновационного развития угольной отрасли должна базироваться на реализации таких приоритетных направлений: техническое переоснащение угледобывающего производства, включая обеспечение развития технологииподземной добычи с преимущественным использованием в очистных забоях механизированных комплексов нового технического уровня, промышленную утилизацию шахтного метана; осуществление мероприятий по повышению потенциала и усилению роли отраслевой науки по научно-технологическим, проектно-конструкторским и опытно-экспериментальным целям; обновление материально-технической базы отраслевой науки и подготовка научных кадров высшей квалификации. en Інститут економіки промисловості НАН України Економічний вісник Донбасу Management of Innovations Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry Концептуальні підходи до формування стратегії інноваційного розвитку вугільної промисловостій Концептуальные подходы к формированию стратегии инновационного развития угольной промышленности Article published earlier |
| spellingShingle | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry Drachuk, Yu.Z. Rassuzhday, L.M. Trushkina, N.V. Management of Innovations |
| title | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry |
| title_alt | Концептуальні підходи до формування стратегії інноваційного розвитку вугільної промисловостій Концептуальные подходы к формированию стратегии инновационного развития угольной промышленности |
| title_full | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry |
| title_fullStr | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry |
| title_full_unstemmed | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry |
| title_short | Conceptual Approaches to Forming a Strategy of Innovation-Based Development of the Coal Industry |
| title_sort | conceptual approaches to forming a strategy of innovation-based development of the coal industry |
| topic | Management of Innovations |
| topic_facet | Management of Innovations |
| url | https://nasplib.isofts.kiev.ua/handle/123456789/87613 |
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