THE ROLE OF LEASING IN FINANCING OF INNOVATION IN EUROPE AND ARMENIA

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May 20, 2016
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No. 16(65) (2016)
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Lilya Avetisyan
Eurasia International University, Armenia
Agnieszka Parlińska
Wydział Nauk Ekonomicznych, Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
https://orcid.org/0000-0001-6640-3097

DOI: https://doi.org/10.22630/PEFIM.2016.16.65.5
Keywords : leasing, innovation, financing, investment, research and development
Abstract
The paper presents possibilities of the use of leasing as an instrument of financing of innovation activities. At present times the issue of search of new ways of financial provision for innovation activity, which is the main factor of competitiveness of the enterprises, is of a particular importance. In the paper advantages of the leasing funding mechanism for innovation activities are presented, and the role of innovative leasing in modern conditions is revealed. The comparative analysis of regulation of leasing in a number of European countries is carried out, and also the analysis of the European leasing market is submitted. The structure and current trends of development of the domestic leasing market are considered. The main problems interfering development of leasing in Armenia are revealed. On the basis of the best European practices recommendations are provided, which will promote the use of leasing for stimulation of innovation activities of the enterprises in Armenia.

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Avetisyan, L., & Parlińska, A. (2016). THE ROLE OF LEASING IN FINANCING OF INNOVATION IN EUROPE AND ARMENIA. The Scientific Journal European Policies, Finance and Marketing, (16(65), 56–69. https://doi.org/10.22630/PEFIM.2016.16.65.5
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