Protsun N. The Influence of International Financial Capital to Innovative Development of Countries with Emerging Markets.

The research investigates the basic theoretical postulates of the international financial capital creation and its functioning in emerging markets in the context of the integrated business structures activities. The specification of concepts, forms, and subjects of international finance capital has been performed. The contribution of international financial capital to development of the modern world trends - globalization, internationalization, integration of emerging markets into the global economic environment, the implementation of 'green economy', the maintenance of sustainable development standards, etc., have been considered. The author's definition of the economic category of 'international financial capital' has been suggested. The national approaches to the development of corporate innovation management models have been addressed and their comparative analysis in regard to the positive results of activities, targeting to highlight the key factors necessary for the introduction into practice by the emerging markets, has been carried out. The international financial capital usage pattern has been assessed as a determinant of innovative synergy. Available approaches to the analysis of innovation processes in the economic system of the recipient countries, based on determining of the economic cyclicality of crises in donor countries, have been reviewed. Different approaches to the definition of Malthusian trap have been characterized and the ways of innovative and demographic disorders prevention have been proposed. The mechanism for calculation of a simulation limit for determining maximum possible turnover of borrowed knowledge and technologies, aimed at assurance of the profit maximization and avoidance of the technological pitfalls, has been developed. Positive and negative performance of international financial capital on the example of Ukraine and other recipient countries, has been substantiated. The model for identification and construction of interdependence of structural and functional deformations in the innovation-oriented industries of imitator country has been designed. The basic methods of preventing destructions have been proposed; their application will improve the results of integration of international financial capital into the markets of countries not involved in the activities of economic entities and will also contribute to strengthen positions in the countries cooperating with business structures.