Methods and the Process of Innovative Assessment of the Potential of Metallurgical Companies

Abstract

The study examined the methods of evaluation of innovative activities of metallurgical and non-ferrous metallurgy enterprises. We recommend eliminating difficulties for the development of non-ferrous metallurgy companies in order to attract more domestic and foreign investors to the national economy, as well as to strengthen trade in this area. In this regard, we can attract investors with our innovative projects. The state of the innovative sources of industrial companies has made it possible to better understand the causes of the slow development of this sector. Unfortunately, to date, there is no generally accepted methodology for assessing the innovative development of a company and its impact on the development of the investment business, which would make it possible to identify factors that contribute to the development of innovative potential. Therefore, it is difficult for an investor to choose an innovative project when evaluating the innovative attractiveness of an economic entity itself, and for this the state must create incentives so that the level of economic development of the country is less dependent on such investors.