Financial management in innovative companies
Innovative companies most often implement their projects in conditions of external financing and, accordingly, financial support from investors. At the same time, an innovative product is often defined as necessary for the market and requiring additional costs when it is distributed across the market. Also, a significant number of products can not always be sold on the market, which suggests that financial management in innovative companies can be implemented taking into account possible stagnation, and subject to constant growth. The authors of the article reveal the concept of “financial management” in the light of the fact that innovative companies often perceive the possibility of growth as a process of absorption of investments and growth due to the increase in total capitalization. It is shown that the main task of the financial management of an innovative type company is the formation of a stable functioning model.