Моделирование финансовых инноваций в банковском секторе
Innovative financial services foster both financial and real sector development. The research paper introduces multiperiod model of financial innovations, based on Harold Hotelling’s
approach (model of a linear city). This model allows to identify factors incentivizing banks for creation new quality services and to comprehend what consumer groups are able to enhance innovative activity of banks.
Scientists and politicians are absolutely sure that we require a professional approach to solving such problems as generation and diffusion of innovations; that is why many universities nowadays offer new degree programs in this field. The author explains why companies need innovation managers. Also, he propones a method for conducting express assessment of company’s innovation activity which will allow to assess its organization and to define functions and tasks of innovation staff. Some recommendations on innovation staff training are given.
A link, necessary for effective development of innovative economic sector, is being formed in Russia now. This indispensable link is "business-angels". Creation of transparent regional associations or networks of business-angels should make this process noticeably active. For this purpose it is necessary to study foreign experience and go along the well-tracked road adjusting to specificity of Russian mentality.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.