ADAPTIVE BUDGETING FOR INNOVATION AND INVESTMENT PROJECTS OF FOREIGN ECONOMIC ACTIVITY ENTITIES
DOI:
https://doi.org/10.31379/sed.1.4.2025.36Keywords:
enterprise management, imports, supply chains, development strategy, sustainable developmentAbstract
This article develops and tests a concept for adaptive budgeting of innovation and investment projects for foreign economic activity (FEA) entities, integrating supply chain resilience indicators into financial modeling. In contrast to traditional static approaches, a model for dynamically adjusting the discount rate and cash flows based on the Supply Chain Vulnerability Index (SCVI) and scenario planning is proposed. The empirical basis of the study consists of forecast data for the project to localize the production of 28 RSO 1.85 g caps in 2024–2025. The results demonstrate that accounting for foreign economic activity risks and supply chain structural changes allows not only for refining financial assessments (NPV, IRR, DPP) but also for identifying the “resilience dividend”—the additional economic value from import substitution that is ignored by classical methods. The feasibility of transitioning to flexible budget architectures in the activities of foreign economic entities under conditions of macroeconomic and geopolitical turbulence has been demonstrated.
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