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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">finance</journal-id><journal-title-group><journal-title xml:lang="ru">Финансы: теория и практика/Finance: Theory and Practice</journal-title><trans-title-group xml:lang="en"><trans-title>Finance: Theory and Practice</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2587-5671</issn><issn pub-type="epub">2587-7089</issn><publisher><publisher-name>Financial University under The Government of Russian Federation</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26794/2587-5671-2019-23-6-63-75</article-id><article-id custom-type="elpub" pub-id-type="custom">finance-928</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ИНВЕСТИЦИИ В ИННОВАЦИИ</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>INNOVATION  INVESTMENT</subject></subj-group></article-categories><title-group><article-title>Финансовое управление инновационной активностью</article-title><trans-title-group xml:lang="en"><trans-title>Financial Management of Innovative Activity</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0003-1358-9486</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Шестак</surname><given-names>В. П.</given-names></name><name name-style="western" xml:lang="en"><surname>Shestak</surname><given-names>V. P.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Валерий Петрович Шестак — доктор технических наук, профессор</p></bio><bio xml:lang="en"><p>Valerii P. Shestak — Dr. Sci. (Eng.), Professor</p></bio><email xlink:type="simple">VPShestak@fa.ru</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0001-6355-7808</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Морева</surname><given-names>Е. Л.</given-names></name><name name-style="western" xml:lang="en"><surname>Moreva</surname><given-names>E. I.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Евгения Львовна Морева — кандидат экономических наук, доцент, заместитель директора Института промышленной политики и институционального развития</p></bio><bio xml:lang="en"><p>Evgeniya L. Moreva — Cand. Sci. (Econ.), Associate Professor, Deputy Director, Institute for Industrial Policy and Institutional Development</p></bio><email xlink:type="simple">eu7711460@mail.ru</email><xref ref-type="aff" rid="aff-2"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0003-0992-0666</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Тютюнник</surname><given-names>И. Г.</given-names></name><name name-style="western" xml:lang="en"><surname>Tyutyunnik</surname><given-names>I. G.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Игорь Георгиевич Тютюнник — научный сотрудник Института промышленной политики и институционального развития</p></bio><bio xml:lang="en"><p>Igor’ G. Tyutyunnik — Researcher, Institute for Industrial Policy and Institutional Development</p></bio><email xlink:type="simple">tytynnik.igor@rambler.ru</email><xref ref-type="aff" rid="aff-2"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>Национальный исследовательский ядерный университет «МИФИ»</institution><country>Россия</country></aff><aff xml:lang="en"><institution>National Research Nuclear University MEPhI</institution><country>Russian Federation</country></aff></aff-alternatives><aff-alternatives id="aff-2"><aff xml:lang="ru"><institution>Финансовый университет</institution><country>Россия</country></aff><aff xml:lang="en"><institution>Financial University</institution><country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2019</year></pub-date><pub-date pub-type="epub"><day>24</day><month>12</month><year>2019</year></pub-date><volume>23</volume><issue>6</issue><fpage>63</fpage><lpage>75</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Шестак В.П., Морева Е.Л., Тютюнник И.Г., 2019</copyright-statement><copyright-year>2019</copyright-year><copyright-holder xml:lang="ru">Шестак В.П., Морева Е.Л., Тютюнник И.Г.</copyright-holder><copyright-holder xml:lang="en">Shestak V.P., Moreva E.I., Tyutyunnik I.G.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://financetp.fa.ru/jour/article/view/928">https://financetp.fa.ru/jour/article/view/928</self-uri><abstract><p>Проблема повышения инвестиционной активности в  России стоит очень остро. Несмотря на многочисленные усилия государства, инвестиционная активность находится на низком уровне. Цель статьи — предложить методику управления инновационной активностью, основанную на системном подходе. Основная задача исследования — поиск эффективного подхода к оптимизации государственных усилий для активизации финансового управления инновационной активностью. Методология исследования построена на анализе замкнутой инновационной системы предприятия. Используются экономико-математические методы для представления функции управления в виде операторного уравнения первого рода. Это позволяет создать алгоритм управления для достижения максимальной эффективности. Использованы методы вычислительной диагностики и  томографической экономики для поэлементного анализа подсистем инновационной системы. Информационной базой исследования стали публикации, касающиеся теории и  менеджмента управления. Доказана возможность применения методов вычислительной диагностики для оптимизации финансового управления инновационной деятельностью путем разделения управляющих и  управляемых подсистем инновационной системы предприятия и соблюдения всех законов организации производства. Получена форма функционала управления на множествах наблюдаемых характеристик управляющей и управляемой подсистем при оптимизации результатов инновационной активности за счет канала обратной связи. Результаты исследования могут представлять практический интерес при формировании инновационных проектов в  целях перехода предприятия к инновационному развитию, в частности в отношении реструктуризации организационных структур и институционального обеспечения в формате цифровой экономики.</p></abstract><trans-abstract xml:lang="en"><p>Increasing investment activity is a key problem for Russia. Despite many state’s efforts, investment activity is low. The aim of the article is to propose an innovation management method based on a systems approach. The main objective of the research is to find an effective approach to optimizing state efforts to enhance financial management of innovative activity. The research methodology is based on the analysis of the enterprise closed innovation system. Economic and mathematical methods are used to represent the management function as an operator equation of the first kind. This allows to create a control algorithm to maximize the effectiveness. The methods of computational diagnostics and tomographic economics are used for the element-by-element analysis of the subsystems of the innovation system. The information base for the study was publications concerning the theory of management and business management. The possibility of applying computational diagnostic methods to optimize the financial management of innovation activity was proved by separating the controlling and controlled subsystems of the enterprise innovation system and observing all laws of production. A form of control functional was obtained on the sets of observable characteristics of the controlling and controlled subsystems while optimizing the results of innovative activity due to the feedback channel. The results of the study may be of practical interest for innovative projects in order to transfer the enterprise to innovative development, in particular, in relation to the restructuring of organizational structures and institutional support in the digital economy format.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>финансовое управление</kwd><kwd>финансовые потоки</kwd><kwd>инновационная система</kwd><kwd>инновационная активность</kwd><kwd>функция управления</kwd><kwd>томографическая экономика</kwd><kwd>управление и развитие предприятия</kwd><kwd>цифровая экономика</kwd></kwd-group><kwd-group xml:lang="en"><kwd>financial management</kwd><kwd>financial flows</kwd><kwd>innovation system</kwd><kwd>innovative activity</kwd><kwd>management function</kwd><kwd>tomographic economics</kwd><kwd>management and development of the enterprise</kwd><kwd>digital economy</kwd></kwd-group><funding-group><funding-statement xml:lang="ru">Статья подготовлена по результатам исследований, выполненных за счет бюджетных средств по государственному заданию Финансового университету 2017 г. в рамках научно-исследовательской работы «Совершенствование механизмов государственного регулирования промышленного развития, направленного на повышение конкурентоспособности отечественной продукции». Финансовый университет, Москва, Россия.</funding-statement><funding-statement xml:lang="en">The article is based on the results of budgetary-supported research according to the state task carried out by the Financial University in 2017 as part of the research work “Improving the mechanisms of state regulation of industrial development to increase competitiveness of domestic products”. Financial University, Moscow, Russia.</funding-statement></funding-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Jackson M.C. Systems approaches to management. New York: Kluwer Academic/Plenum Publ.; 2000. 465 p.</mixed-citation><mixed-citation xml:lang="en">Jackson M.C. Systems approaches to management. New York: Kluwer Academic/Plenum Publ.; 2000. 465 p.</mixed-citation></citation-alternatives></ref><ref id="cit2"><label>2</label><citation-alternatives><mixed-citation xml:lang="ru">Penrose E. 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