The analysis contained in the paper concentrates around essential factors of the development of enterprises and the improvement of their competitiveness i.e. the state and structure of their fixed capital, accumulation ability, investment activity and innovation. The elaboration is opened by a presentation of the changes of the state of fixed property of the firms taking place in recent years, its generic structure, shifts of the intersector structure and in the sphere of industrial processing. The basic weft of the considerations is the investigation of the accumulation foundations of the development of economic subjects including the dynamics and structure of their cash flow, the allocation function of investment credit, the role of foreign capital and of the ihgrey zonely in the financing of investments. The paper also contains an analysis of the changes of the dynamics and structure of the development activity of firms. Summing up the article contains a diagnosis of the dynamically progressing differentiation of the development chances of enterprises as a result of the deep structural changes of the economy and its servicization as well as suggestions for economic policy aimed at weakening the barriers to the development of competitive production.
