Abstract
This article deals with the investigation of the mechanisms for the activation of businesses in the Ukraine. It is possible through increasing the cooperation with the European Union (EU). The paper emphasizes the need for radical changes in the conduct of Ukrainian businesses in order to enhance investment and innovation. This paper proposes that today the international integration processes in the Ukraine require new approaches and technology cooperation, promotion the transfer of innovation, and the investment processes. Indicated in this paper are the current approaches and new challenges that have arisen today which require rapid reorientation of the close relationship of science and industry and the development of information and in the infrastructure sector. The authors propose the use the cluster integration processes in the region for intensification investment and innovation activity that is necessary today to strengthen cooperation with the EU. The paper is presents a method of complex analysis of the regional development characteristics and regional cluster initiatives; and their reflections on a map.
Highlights
Current global trends could open up new avenues for the Ukraine and present new horizons for growth
Results of the implementation of the goals formulated proposals for the revitalization of Ukrainian business towards European integration by enhancing innovation and investment activities, using new possibilities of development based on cooperation and the formation of cluster initiatives
The analysis showed a significant differentiation in the developing regions of Ukraine, as well as the existence of significant untapped potential for investment and innovation development areas
Summary
Current global trends could open up new avenues for the Ukraine and present new horizons for growth. This is important in connection with external effects and enhances the strengths of the participants. The main goals of our research are: Identification of the main features of Ukrainian business; identification of the opportunities of development in today's challenging environment; determining the need for the intensification of innovation and investment activity to ensure the identified opportunities; the analysis of the current cluster activity in Ukraine; present proposals for intensification of such activities. Results of the implementation of the goals formulated proposals for the revitalization of Ukrainian business towards European integration by enhancing innovation and investment activities, using new possibilities of development based on cooperation and the formation of cluster initiatives
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