Management of Innovative Costs of Public Administration Institutions
Viktoriia Samofatova1, Maryna Slatvinska2, Igor Rodchenko3, Vira Lebedieva4, Mariya Mordovets5 Viktoriia Orlova6
1Viktoriia Samofatova*,Department of Industrial Economics, Odessa National Academy of Food Technologies, Odessa, Ukraine.
2Maryna Slatvinska, Department of Finance, Odessa National Economic University, Odessa, Ukraine
3Igor Rodchenko, Chief State Inspector of the Appeals Division Management ensure the functioning of a single account Department of Administration of Customs Payments and Customs Tariff Regulation State Fiscal Service of Ukraine, Kyiv, Ukraine.
4Vira Lebedieva, Department of administrative management and market problems, Odessa National Polytechnic University, Odessa, Ukraine.
5Mariya Mordovets, Department of Sociology, Philosophy and Law, Odessa National Academy of Food Technologies, Odessa, Ukraine.
6Viktoriia Orlova, Department of Sociology, Philosophy and Law, Odessa National Academy of Food Technologies, Odessa, Ukraine.
Manuscript received on 6 August 2019. | Revised Manuscript received on 11 August 2019. | Manuscript published on 30 September 2019. | PP: 3173-3177 | Volume-8 Issue-3 September 2019 | Retrieval Number: C4899098319/2019©BEIESP | DOI: 10.35940/ijrte.C4899.098319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The growth of costs for innovation, as well as the growing role of public administration institutions, makes us take a fresh look at the cost management system. The article discusses the key point of the innovation cost management system at different levels of administration. Public administration institutions contribute to the implementation of innovation in the framework of both its own economic strategy and taking into account the strategy of higher governing bodies. The interaction and cooperation of various management structures within the framework of the implementation of a single innovative project can create an excessive expenditure of financial resources, which is why the issue of competent management of innovative costs becomes so significant. On a specific innovation project, possible problems in the interaction of various public administration institutions are considered, when planning and implementing a joint innovation project.
Keywords: Innovative Costs, Innovation Project, Financial Resources, Public Administration Institutions.
Scope of the Article: Disaster Management