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FACTOR ANALYSIS MODEL FOR COMPANY’S ECONOMIC CONDITION IN MANAGING INNOVATIVE DEVELOPMENT Factor analysis model for company’s economic condition in managing innovative development

Published in Economic and Social Research · Issue 1 · ELocator: 20—28 · Rubric: Economics of Innovation-Driven Growth: Theory and Practice
DOI: https://doi.org/10.24151/2409-1073-2024-1-20-28 · EDN: DYZBAC
Received: 15.12.2023 Accepted: 20.03.2024 Published: 20.03.2024
The article is devoted to the problem of bridging the gap between the creation of innovations and the large-scale output of innovative products, the problem of company readiness to successfully implement the stages of innovation engineering and business process re-engineering. Since development stages have a high level of business process uncertainty and economic disequilibrium, to ensure the financial stability of companies the author proposes factor analysis of critical indicators of company’s economic condition and creates a model to calculate the assets cost-effectiveness, with account for the mutual influence of business process economic development factors. The possibilities of multi-agent management of company development have been substantiated through the use of simulation results based on the digital twin of the business planning system.
factor analysis, assets cost-effectiveness, economic indicators, innovative development management, economic development factors, multi-agent management, activity synchronization
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