Evaluation and analysis of mechanical industry: creative and innovative development of enterprises in the context of investment resources deficiency

Present article describes current role and value of mechanical industry as country’s production sector core, it also proves the necessity of mechanical industry innovative development as the main factor of economy efficiency growth, enhancement and productive forces resource renewal. It indicates status and development dynamics of the main mechanical industry complex (located in Sverdlovsk Oblast) innovative opportunities. The investment value is defined as speed-up resource for innovative development and technological renewal of mechanical industry. The essence and specificity of ongoing national policy in the area of mechanical industry development stimulation due to limited financial resources is also appointed. Practical value of the article is determined by experience analyses and calculations of the innovative development level through the example of several mechanical industry enterprises.