ASPECTS OF ECONOMIC FEASIBILITY OF INNOVATIVE INDUSTRIAL PRODUCTION

Abstract

 The article deals with the issues of economic efficiency and expediency of innovative industrial production, the concept of economic expediency is clarified. The main aspects of the economic feasibility of innovative production in the processing industry have been studied. The purpose of the study is to investigate the economic feasibility of innovative production in the processing industry 
and determine the possibilities for their solution. In the process of research, the methods of monographic, comparative analysis, scientific abstraction, logical generalization and modeling were used. As a conclusion of the study, the substantiated provisions and the results obtained can be used in the practice of analyzing and evaluating the economic efficiency of industrial innovations. As a 
result of the study, the factors that determine the favorable economic environment for innovative industrial production were characterized. The steps taken to ensure the economic feasibility of innovative production in the country's processing industry were evaluated, and the attitude of the possibilities of innovative development of the industry to the requirements of the "green" economy was expressed