Innovative approaches to project financing management in the context of digitalization: micro- and macro-aspects

Authors

DOI:

https://doi.org/10.15587/1729-4061.2025.333507

Keywords:

project finance management, digitalization, digital currencies, artificial intelligence, open banking

Abstract

This study's object is innovative approaches to project finance management in the context of digitalization. The need for the study relates to solving the issue of insufficient adaptation of conventional approaches to project finance management to the conditions of digitalization, which reduces the efficiency of project decision-making and, as a result, the overall level of competitiveness.

The study proves that conventional approaches to project finance management are being transformed under the influence of digitalization. A comparative characteristic of traditional and innovative approaches to project finance management is given. The advantages and disadvantages of innovative approaches to project finance management associated with the digitalization of this process have been highlighted. The macro- and micro-aspects of innovative approaches to project finance management in the context of digitalization have been characterized.

It was established that at the macro level, innovative approaches to project finance management are influenced by global trends in the evolution of the fintech industry. At the micro level, the implementation of innovative approaches to project finance management is associated with the active use of digital technologies. In order to determine the effectiveness of managing the process under study, a system model of innovative project finance in the context of digitalization was built. A forecast for the development of innovative project finance management over 2026–2030 has been prepared according to the basic, optimistic, and pessimistic scenarios.

The practical significance of the results is their use in the development and selection of effective strategies for innovative project finance in the context of digitalization. Quantitative assessment of the research results is meant to improve the conditions for achieving the planned indicators

Author Biographies

Serghiy Radynskyy, Ternopil Ivan Puluj National Technical University

PhD, Associate Professor

Department of Economics and Finance

Vadym Ratynskiy, Ternopil Ivan Puluj National Technical University

PhD, Associate Professor

Department of Innovation Activity and Services Management

Andrii Krupka, Ternopil Ivan Puluj National Technical University

PhD, Associate Professor

Department of Economics and Finance

Svitlana Shpylyk, Ternopil Ivan Puluj National Technical University

PhD, Associate Professor

Department of Industrial Marketing

Halyna Pohrishchuk, Vinnytsia Education and Research Institute of Economics of the West Ukrainian National University

Doctor of Economic Sciences, Professor

Department of Finance, Banking and Insurance

Nataliia Dobizha, Vinnytsia Education and Research Institute of Economics of the West Ukrainian National University

Doctor of Economic Sciences, Professor

Department of Finance, Banking and Insurance

Nadiia Zarichna, Ternopil Ivan Puluj National Technical University

PhD, Associate Professor

Department of Economics and Finance

Vitalii Pysmennyi, Ternopil Ivan Puluj National Technical University

Doctor of Economic Sciences, Associate Professor

Department of Economics and Finance

Iryna Piniak, Ternopil Ivan Puluj National Technical University

PhD, Associate Professor

Department of Industrial Marketing

Oksana Burlitska, Ternopil Ivan Puluj National Technical University

PhD, Associate Professor

Department of Industrial Marketing

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Innovative approaches to project financing management in the context of digitalization: micro- and macro-aspects

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Published

2025-06-30

How to Cite

Radynskyy, S., Ratynskiy, V., Krupka, A., Shpylyk, S., Pohrishchuk, H., Dobizha, N., Zarichna, N., Pysmennyi, V., Piniak, I., & Burlitska, O. (2025). Innovative approaches to project financing management in the context of digitalization: micro- and macro-aspects. Eastern-European Journal of Enterprise Technologies, 3(13 (135), 87–95. https://doi.org/10.15587/1729-4061.2025.333507

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Section

Transfer of technologies: industry, energy, nanotechnology