THE IMPACT OF EXPENDITURES ON INNOVATIVE TECHNOLOGIES IN REGIONAL TEXTILE INDUSTRY CLUSTERS ON ECONOMIC EFFICIENCY RESULTS.

Abstract

This article analyzes the impact of expenditures directed towards innovative technologies on the economic performance indicators of regional textile industry clusters. The relevance of the study is explained by the crucial role of innovative technologies in enhancing competitiveness within the textile sector, generating high added value, and expanding export potential. The research examines data from 2019 to 2023, including sales revenue, costs, net profit, profitability levels, technological transfer expenses, and the dynamics of fixed assets.