Published December 15, 2022 | Version v1
Journal article Open

Forecasting innovative processes for increasing the security of the economy

Description

Relevance of the research topic. The issue of ensuring effective innovative development of the
country, entrepreneurship or individual market stakeholders is always an important area of research,
especially in the context of institutional changes and increasing instability of the national economy
of Ukraine. There is a need to model the forecasting of innovative processes, which will allow timely
prediction of troubles in the market environment and quick response to them.
Formulation of the problem. Forecasting of innovative processes occupies an important place in
the system of improving the security of the economy. However, the modeling process of such forecasting
requires constant deepening and adaptation of the toolkit in accordance with modern needs.
Setting goals and objectives of the study. Development of a forecasting model of innovative
processes to increase the security of the economy.
Research method or methodology. When writing the article, the Holt method was chosen as the
leading applied method, which made it possible to achieve the research goal in the most optimal and
effective way.
Presentation of the main material (research results). A model for forecasting innovative
processes is proposed, which will become an effective tool for increasing the security of the economy.
Scope of the results. The proposed model can be used both by theoreticians and practitioners
who specialize in the field of ensuring the sustainability of innovative development of entrepreneurship.
Conclusions on the article. The problems of supporting innovative processes have been identified.
A model for forecasting innovative processes is proposed, which will increase the stability of the
economy. Forecasting of the costs of conducting scientific research was carried out and development,
the number of employees involved in scientific research and development.

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