ORIGINAL PAPER
Attracting finance and investment in small and medium-sized enterprises in the context of a “green” and defense economy and using alternative energy sources
1
Department of Economic Analysis of Measures for the Development of the Armed Forces of Ukraine, Central Research Institute of the Armed Forces of Ukraine, Ukraine
2
The National Defence University of Ukraine named after Ivan Cherniakhovskyi, Ukraine
3
Department of Economical and Financial Support, The National Defence University of Ukraine named after Ivan Cherniakhovskyi, Ukraine
4
Faculty of Military Training, National Aviation University, Ukraine
Submission date: 2023-10-11
Final revision date: 2023-11-10
Acceptance date: 2024-01-04
Publication date: 2024-06-19
Corresponding author
Oleh Semenenko
Department of Economic Analysis of Measures for the Development of the Armed Forces of Ukraine, Central Research Institute of the Armed Forces of Ukraine, Ukraine
Department of Economic Analysis of Measures for the Development of the Armed Forces of Ukraine, Central Research Institute of the Armed Forces of Ukraine, Ukraine
Polityka Energetyczna – Energy Policy Journal 2024;27(2):5-26
KEYWORDS
TOPICS
Energy economicsRenewable energy sourcesEcological, economic, social and legal aspects in energy systemsEffective use of energyDevelopment of new energy technologies
ABSTRACT
The relevance of the subject stated in the framework of this research is the significant importance of the issues of attracting investment funds for the development of small and medium-sized enterprises (SMEs) in Kazakhstan in the context of the need to find optimal opportunities for the development of “green” and defense energy using alternative energy sources. The main purpose of this research is to explore methods of SME financing and project analysis of enterprises’ activities in the field of alternative energy applications. The methodological approach of this research work is based on the applied research of general principles of attracting financing and investment in SMEs in the context of “green” and defence economy and alternative energy. The results of this research illustrate the need for a qualitative financial analysis of SMEs to attract finance and investment. The financial performance of the enterprise during the accounting period is expressed by compiling a count of the movement of its fixed assets and assets. The classification of financial flows by type of activity makes it possible to determine the main receipts and expenditures during the accounting period. It was established that the efficiency of economic activity within the framework of an individual enterprise should be calculated before the start of the business and after the completion of the project, to develop the most reliable picture of the movement of financial investment funds. The practical significance of the obtained results lies in the possibility of their use in establishing models of business projects that meet the modern requirements of “green” and defense energy using renewable energy sources.
METADATA IN OTHER LANGUAGES:
Polish
Pozyskiwanie finansów i inwestycji w małych i średnich przedsiębiorstwach w kontekście „zielonej” i obronnej gospodarki oraz wykorzystania alternatywnych źródeł energii
energia odnawialna, zrównoważony rozwój, model ekonomiczny, bilans, weryfikacja księgowa
Znaczenie tematu poruszonego w ramach niniejszego opracowania polega na ważnym znaczeniu kwestii przyciągania funduszy inwestycyjnych dla rozwoju małych i średnich przedsiębiorstw (MŚP) w Kazachstanie w kontekście potrzeby znalezienia optymalnych możliwości rozwoju „zielonej” i obronnej energii z wykorzystaniem alternatywnych źródeł energii. Głównym celem tego artykułu jest zbadanie metod finansowania MŚP i analiza projektów działalności przedsiębiorstw w dziedzinie alternatywnych zastosowań energii. Podejście metodologiczne tej pracy badawczej opiera się na badaniach stosowanych ogólnych zasad przyciągania finansowania i inwestycji w MŚP w kontekście „zielonej” i obronnej gospodarki oraz energii alternatywnej. Wyniki tych badań ilustrują potrzebę jakościowej analizy finansowej MŚP w celu przyciągnięcia finansowania i inwestycji.
Wyniki finansowe przedsiębiorstwa w okresie rozliczeniowym są wyrażane poprzez zestawienie ruchu jego środków trwałych i aktywów. Klasyfikacja przepływów finansowych według rodzaju działalności umożliwia określenie głównych wpływów i wydatków w okresie rozliczeniowym. Ustalono, że efektywność działalności gospodarczej w ramach indywidualnego przedsiębiorstwa powinna być obliczana przed rozpoczęciem działalności i po zakończeniu projektu, aby uzyskać najbardziej wiarygodny obraz przepływu finansowych środków inwestycyjnych. Praktyczne znaczenie uzyskanych wyników polega na możliwości ich wykorzystania w tworzeniu modeli projektów biznesowych, które spełniają współczesne wymagania „zielonej” i obronnej energii wykorzystującej odnawialne źródła energii.
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