Abstract

The article presents research results on innovative activity costs, particularly in the energy sector. The work tasks were to determine the level of the expenses for scientific research in Ukraine and compare it with other countries, to define the level of costs in the energy sector, the dynamics of budgetary funding for the energy sector, and the prospects for the growth of the financing for this sector in the coming years. The research on the drivers of innovation transfer is devoted to the works of scientists from many world countries. This interest is growing every year. Innovation transfer is influenced by many factors. The cost of innovation is one of the drivers of the innovation transfer, highlighted by many scientists. The statistical data on financing innovative activities in Ukraine and European countries were analysed. Their growth was determined based on statistical information on Ukraine's costs of scientific research and development. However, the share of expenses for implementing scientific research and development is decreasing and is one of the smallest in Europe. It was also found that the total amount of budget funding for strategic and medium-term priorities of innovative activity during 2016–2021 has almost doubled. Costs for developing new technologies for improving energy networks and equipment in 2021 amounted to 15.2% and 9.6% in the structure of strategic and medium-term priorities. 86.9% was used for the development of new technologies for the improvement of energy networks and equipment, taking into account the intention to harmonize them with the energy system of the EU countries, new technologies for the construction of energy-efficient residential and communal buildings and premises, and new technologies for obtaining and storing energy from renewable sources. The volume of energy financing in 2021 increased compared to 2020, along with the share growth in the total volume. It indicates the growth of demand for the direction relevant for Ukraine and the world to achieve the Sustainable Development Goals – development in energy and energy efficiency, new materials, agriculture, and ICT.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call