Introduction of a method for calculating the investment activity of an enterprise (evidence from wood-processing enterprises)

Abstract

In the current economic conditions, the industry is interested in implementing new innovative processes, products and, consequently, it needs investment. This problem also concerns the woodworking industry that suffers from a lack of modern equipment that allows for a more comprehensive use of the available raw materials and proportional quality of the end product. In order to analyze the situation with each industry (particularly woodworking), an innovative production system is proposed that is based on determining the level of an enterprise using design coefficients. Based on this analysis, an appropriate strategy of the company development can be adopted. The calculated index of innovation activity can constitute a reason for the enterprise to strengthen its innovative potential and carry out efficient innovation activity.