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

Article Sidebar


pdf

Published:
May 20, 2016
Issue
No. 16(65) (2016)
Section
Articles
CitedBy/Share
Crossref
Scopus
Google Scholar
Europe PMC

Main Article Content

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.

Article Details

How to Cite
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
References

Bazrod Mark S.,. Puncturing the 15 Myths of Software Leasing// Journal of Equipment Lease Financing Number 3 Fall, 2006, pp.1-8.

Clark T., Leasing Finance, 3nd ed., 275 pp. Publisher: Euromoney Publications, PLC Pub. Date: January 2004.

Contino M. Richard, The Complete Equipment-Leasing Handbook, Amacom Books, - 2002. 480p.

Crawford Richard D., Intellectual Property: the Leasing Industry Future // Journal of Equipment Lease Financing Number 2 Fall, 2002, pp. 18-27.

Durinck E., Jansen K., Laveren E., Huile C., Leasing and the pie approach to capital structure. Tijdschr. vooreconomieen management. Leuven. -- Jg. 35. - № 4, 1990, pp. 387-405.

Gutman E., Yagil J., A practical derived lease rate algorithm // Management science. Providence. - Vol. 39. - № 12. - 1993, рр. 1544-1551. (Crossref)

Hugel R., 1996. Geschlossene Immobilienfonds: Interne Zinsfuß Methode und Steuerpotential // Bank. Köln. - № 6, 362-367.

Humphreys P., Mulligan H., United States: Lease Securitization: New Challenges for Issuers, McDermott Will&Emery, 2005, available at: http://www.mondaq.com/unitedstates/x/31971/Structured+Finance/Lease+Securitization+New+Challenges+for+Issuers [accessed: 18.12.2015].

International leasing finance seminar. Euromoney - London - 2008 -114p.

Krinsky I., Mehrez A., Principal-agent maintenance problem. Naval research logistics. Wash. - Vol. 36. - № 6, 1989., pp. 817-828. (Crossref)

Lease and Hire Purchase Contracts, UK GAAP, 7th ed., L.: Ems and Young, 2006, 428p.

Marvin T. Batte,. Precision Farming and Land Leasing Practices Text 2003, [Electron resource] / Marvin T. Batte. //Journal of the asfmra. -2003. - [Electron p.], available at: http://www.asfmra.org/wp-content/uploads/2014/06/200.pdf [accessed: 11.12.2015].

Petrolillo P., Leasing e mutuo: un tentativo di analisi finanzi aria fmalizzata allasceltadé liafonte di fmanziamento. Riv. bancaria. Milano. - A. 48. - № 3. - 1992, рр. 71-83.

Ricketts M., The Economics of Business Enterprise: An Introduction to Economic Organisation and the Theory of the Firm, Edward Elgar, 2003, 592p.

Sutton R., Don't Get Taken Every Time: An Insider's Guide to Buying or Leasing Your Next Car or Truck, ISBN: 0140266704. - Publisher : Viking Pen-guin 1997.

Temin P.. Inside the business: historical perspectives on the use of in-formation, Chicago, UChP. - 1991, 260p. (Crossref)

Veatch William S.,. Software Leasing: the Intricacies of the Intangible // Journal of Equipment Lease Financing Fall. - Vol. 14. - N. 2, 1996, pp.21-28.

Statistics

Downloads

Download data is not yet available.
Recommend Articles
Licence
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

All articles published in European Policies, Finance and Marketing are fully open access. In this way, the scientific research results contained in articles published in our journal are available to every reader free of charge - in accordance with the CC BY-NC license (https://creativecommons.org/licenses/by-nc/4.0/).

 

According to the CC BY-NC license you are free to:

  1. Share — copy and redistribute the material in any medium or format
  2. Adapt — remix, transform, and build upon the material

The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. NonCommercial — You may not use the material for commercial purposes .
  3. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Source: https://creativecommons.org/licenses/by-nc/4.0/deed.en

According to that, the authors retain the copyright and full publishing rights.