Bilousova O. Financial interaction between state and enterprises for economic development

Object of study: set of relations that arise in the process of financial interaction between the state and enterprises and aimed at the development of the national economy. Aim of study: development of theoretical and methodological principles of effective financial interaction of the state and enterprises and development of practical recommendations for its provision at the stage of transition from small and mainly raw materials to an innovative, competitive economy. Methods of study: historical-logical, systemic, structural-functional, economic-mathematical, statistical comparisons, quantitative analysis. Theoretical and practical results: the solution of the important scientific problem of ensuring effective financial interaction between the state and enterprises at the stage of transition to innovative, competitive economy. Such an interaction should take place under the influence of the synergetic effect of the revival of innovative and efficiency factors, expansion of the state's participation in innovation and investment processes with the use of state instruments to encourage and regulate the companies’ activities and create an information base for substantiation and selection in innovative investment decisions. The objective also includes the companies’ participation in co-financing of public investment projects. Scientific novelty: the concept of financial interaction between the state and enterprises; the principles of forming an information base for making investment decisions are determined; the expediency of providing innovative budget transfers to enterprises has been proved and conditions for their receipt have been determined; improved directions of stimulation of enterprises by supplementing additional preferences for their share participation in financing of state investment projects in economically weak regions; the main tasks of the state financial audit. Implementation of results: the results of study were implemented by aused in the practical work of state authorities and in the educational process. Domain of implementation: Ukraine's financial policy.