Modeling the Development of Organizations Working in the Field of Information Technology in System..

Modeling the Development of Organizations Working in the Field of Information Technology in the System of Financial and Strategic Management of Startup Projects

Rostyslav Yurynets (1), Zoryna Yurynets (2) , Mykola Denysenko (3)

1 - Lviv Polytechnic National University, Lviv, Ukraine
2 - Ivan Franko Lviv National University, Lviv, Ukraine
3 - Kyiv National University of Technologies and Design, Kyiv, Ukraine

This paper researches the development of organizations working in the field of information technology in the system of financial and strategic management of startup projects. The proposed рrobit regression model allows to assess and predict the development of future startups based on modeling the productive behavior of organizations working in the field of information technology. The productivity of the organization is the best indicator that determines the quality of financial and strategic management system. A рrobit model approach is offered in which productivity is defined as a close correlation of the factors in the organization. A probit regression model confirms that the staff motivation, staff capacity, quality and variety of products, productivity of product are important indicators that reflects the organizations’ productivity. On the basis of the model, managers will have an opportunity to select the effective startup projects. This knowledge is important for investors, stakeholders and other financial entities or individuals who want to invest in the development of information technology