РОЛЬ ІНВЕСТИЦІЙ У ІННОВАЦІЙНІЙ ДІЯЛЬНОСТІ ПІДПРИЄМСТВ ДЕРЕВООБРОБНОЇ ГАЛУЗІ УКРАЇНИ

Abstract

The negative trends in the development of the Ukrainian economy are deepening more and more. A significant decrease in economic dynamics is largely caused by stressful changes in the socioeconomic and political environment, which is primarily due to the state of war in the country. These factors are based primarily on the predominance of raw materials in production and export, on the exploitation of outdated, environmentally dangerous and resource-intensive means of production, due to which the once powerful Ukrainian woodworking industry is increasingly declining. In such conditions, the revival of the woodworking industry in Ukraine requires the construction of a new model of economic development, which would be based on the effective mobilization and distribution of important investment resources in the organizational and technological development of the industry. The relationship of the woodworking industry with many other branches of the economy determines its role in the economic development of the state. In particular, in Ukraine, the products of the woodworking industry include more than three hundred products that are supplied to the domestic and foreign markets, and are also accompanied by close interaction with a number of industries that act as both consumers and suppliers. However, in the conditions of the existence of factors that limit both internal and external development, their influence increases due to the economic crisis, martial law, the search for ways to increase the level of competitiveness of the woodworking industry is becoming more urgent. This article examines the impact of investments on the innovative activity of woodworking enterprises in Ukraine. The main types of investments and their importance for the development of innovations are analyzed. It describes the current state of the woodworking industry, the main problems faced by enterprises and the potential for development. The main obstacles to attracting investment, such as political instability, imperfect legal framework and corruption, are highlighted. Based on the analysis, conclusions are drawn and recommendations are offered to improve the efficiency of investment activity and stimulate the innovative development of the woodworking industry in Ukraine.