Formation of a system of innovative and investment incentives within the framework of the state depreciation policy at the regional level of the national economy
The object of research is the depreciation policy at the mesolevel of the national economy of the Republic of Belarus. The aim of investigation is to develop theoretical and conceptual provisions on the creation and use of geographically differentiated depreciation incentives for reproduction of a fixed capital of domestic enterprises and strengthening their investment and innovative activity. The movement of fixed capital and investments in renovation of its in regions of Belarus in the modern period are analyzed in the main part. It is found that the stimulation of innovation and investment activity in the regions by means of instruments of depreciation policy of the state involves the intensification of its impact on the movement of fixed assets in the regions in order to achieve their quality renovation. It is proposed the implementation in the depreciation policy of the state in the regions of Belarus of the mechanism of compensation payments for enterprises, which involves the implementation of the indexation of accumulated depreciation of these enterprises by the state; the formation of investment and innovation centers and the introduction of special investment accounts of enterprises for the accumulation and the use of depreciation on investment and innovative aims. The scientific novelty of the research results is the development of theoretical and methodological bases of regional depreciation policy of the state and substantiation the conceptual provisions regarding the process of forming and implementing innovation oriented depreciation policy, focused on the progressive renewal of the material and technical basis of the country and its regions through the stimulating of innovative and investment activity of domestic business entities. The study results can be applied in the process of developing the depreciation policy of the state at the regional level of the national economy, which is focused on investment and innovation.