Název:	Improving the financing mechanism for the development of local communities based on the use of digital technologies
Autoři:	Serghiy, Radynskyy Vadym, Ratynskiy Nataliia, Diachenko Valentyn, Diachenko Andrii, Krupka Zoryana, Lobodina Halyna, Pohrishchuk Nataliia, Dobizha Svitlana, Shpylyk Vladyslav, Bendiuh
Affiliation:	National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute” Beresteiskyi Ternopil Ivan Puluj National Technical University Kyiv University of Intellectual Property and Law of the National University «Odesa Law Academy» Vinnytsia Education and Research Institute of Economics of the West Ukrainian National University
Bibliographic description (Ukraine):	Radynskyy, S., Ratynskiy, V., Diachenko, N., Diachenko, V., A. Krupka, Lobodina, Z., Pohrishchuk, H., Dobizha, N., Shpylyk, S., Bendiuh, V. (2024). Improving the financing mechanism for the development of local communities based on the use of digital technologies. Eastern-European Journal of Enterprise Technologies, 2 (13 (128)), 35–46. https://doi.org/10.15587/1729-4061.2024.300908
Datum vydání:	30-dub-2024
Submitted date:	30-dub-2024
Date of entry:	11-čer-2024
Country (code):	UA
Place of the edition/event:	Eastern-European Journal of Enterprise Technologies
UDC:	336.1
Klíčová slova:	financing mechanism for the development of local communities technical infrastructure of financing digital technologies
Popis:	The object of this study is the financing mechanism for the develop- ment of local communities. The paper addressed the problem of improving this mechanism under conditions of limit- ed resources through the use of digital technologies. The structure of the mech- anism is represented as interconnected subjects, sources, methods, objectives, and technical infrastructure of financ- ing. Local self-government bodies are the managing entity. Factors affecting the availability of financial resources, depending on the financing method, are the volume of resources, the orderliness of legislation and legal models, financial capabilities, and interests of financing entities. They also include legal restric- tions on application, requirements of resource holders, their cost and dura- tion of receipt. The crisis was recog- nized as a significant limiting factor. Identification of factors of accessibili- ty and complexity makes it possible to identify weak points in the entire funding mechanism. The description of the theo- retical concept of the financing mecha- nism due to its universality, the factors of the availability of financial resourc- es and the shortcomings of the technical infrastructure, identified on this basis, made it possible to solve the investigat- ed problem. As a result, directions for improving the financing mechanism for the development of local communities have been determined in terms of techni- cal infrastructure. They consist in creat- ing unified technical systems for manag- ing financing processes and expanding training and support for financing enti- ties. The use of artificial intelligence, big data, blockchain and tokenization tech- nologies for decision-making, forecast- ing the needs of local communities and the development of crowdfunding is also proposed. Owing to this, it will be pos- sible to achieve practical expectations for improving the effectiveness of the existing financing mechanism, which consists in reducing transaction costs, attracting additional financial resourc- es, increasing public participation and transparency of financial processes.
URI:	http://elartu.tntu.edu.ua/handle/lib/45195
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