Models for Developing and Evaluating the State Supporting System for Domestic Enterprises: Incentives, Effects and Directions

Abstract

The paper presents an overview of economic and
mathematical models for analyzing and evaluating
the effectiveness of stimulating an enterprise in various areas. The models of foreign and domestic economists are analyzed to determine the possibility of using their approaches in solving the issue of efficient spending of the budget funds. The main characteristics of the models are described in relation to a specific aspect of stimulating enterprises. The features of each model, its tools, effects and factors are reviewed in the paper. Tax incentives, subsidies for the agricultural sector, export credit, regional subsidies, financing of innovative projects, and innovative import substitution are considered within the framework of the studied models. It is shown that tax incentives for R&D expenses can be implemented in various ways. Subsidizing the agricultural sector affects producer and consumer surpluses, which determine the overall welfare. Market conditions for enterprise activities determine the
effects of export lending. The rational distribution of budgetary funds at the regional level can be specified by a set of functions. A model of temporary competition describes entering the market of science-intensive products. The payback period of expenditures in innovative industrialization depends on the expenditures in intelligence, technology and commercialization of innovations. The models under consideration use a wide range of conditions to assess the economic consequences of the methodology implemented by the authors. The conclusion is made about the possibility of using the models considered by the state to form the methodology for the budget allocation.