Innovation In Ukraine Research Articles

E-evidence and e-court in the context of the Covid-19 pandemic: A study from Ukraine

The possibility of using information technology in courts can be called a novelty and a progressive innovation in Ukraine. This is is an important factor in improving the efficiency of the openness and transparency of justice and simplifies judicial procedure, shortens court proceedings and procedural time limits, reduces operating costs, and saves time for all the participants of the process while cases are under consideration. Due to the rapid spread of COVID-19, rapid judicial reforms have taken place around the world to ensure access to justice in this new environment. Insufficient levels of information and technical support for the courts in Ukraine, the lack of a single format for data exchange between automated document management systems of various instances and specialisations, imperfect information protection systems, and insufficient regulation of the information legislation remain problematic issues in the functioning of e-justice systems, all of which require further study. Addressing these issues will help justice in Ukraine to reach a new level in the coming years. Since the e-justice system is aimed at optimising the work of courts through the informatisation of processes, and electronic means of proof are designed to ensure the rights of litigants to use electronic information, the interaction of the notion of electronic evidence with the e-justice system is quite possible. This interaction will increase the efficiency of the judiciary and the quality of justice. This article examines the development of information technology in the courts of Ukraine, including during the COVID-19 pandemic, analyses court decisions rendered in the context of the pandemic, and reflects on the real state of the judicial system in the adoption and examination of electronic evidence. It should be noted that the procedure for processing, submitting, and examining electronic evidence is currently not fully regulated, so the use of electronic evidence in litigation is not always effective. All of the above indicates the need to refine the current procedural codes in terms of introducing clear rules for the collection, execution, submission, and examination of electronic evidence.

OPEN AND SUSTAINABLE INNOVATION IN THE MODERN CONTEXT OF BUSINESS-STRATEGY DEVELOPMENT

It is noted that one of the main factors that complicates the current situation is the quarantine restrictions caused by the Covid-19 pandemic. New conditions require new approaches and understanding of both the organization of the country's international policy and business. Global processes demonstrate a constant growth in the importance of the impact of innovation. The intensification of scientific and technological progress and trends inherent in the current stage of economic development indicate that the type of innovation for enterprises will be decisive, and the economy will become even more innovative.The problem statement is to consider corporate strategies aimed at studying and understanding the sources of types of knowledge for creating and promoting innovations in Ukraine. The article is aimed at researching the current state of open and sustainable innovation, the characteristics of the origin and use of external knowledge, which are key in the innovation process. The article focuses on the consideration of open and sustainable innovation. The modern business environment creates completely different conditions for the creation of innovations in enterprises than those that formed the basis for the formation of an open innovation space. The aim of the article is to study the origin of external knowledge used in the innovation process. Innovative enterprises successfully use the innovation process, despite the negative consequences of the external environment, they need to learn how to adapt to new markets, new rules for organizing their activities, and radical innovators in such conditions require special attention. Empirical studies in Ukraine are considered, which have shown that the challenges of the external business environment do not limit enterprises in

Foresight as a tool of public administration in the field of science, technology and innovation

Given the growing role of technological foresight as a tool for reconciling visions, goals and ways of STI development in an era of rapid technological change and global challenges, the approach to foresight research to select priorities for science and innovation in Ukraine for 2022–2026 has been improved. It takes into account a wide range of national targets for achieving SDGs by 2030. The developed Methodological recommendations provided a thorough analysis of more than 3,000 potentially acceptable technological and innovative proposals. The approach to setting STI priorities is new for Ukraine and involves a consistent process of selecting the top 30 most acceptable proposals in each of the seven thematic areas through five stages of discussions and evaluations. The result was the formation of a database of technology passports and developments on the experts’ proposals, their selection by practitioners, ranking, evaluation in terms of the potential of Ukrainian science and relevance in terms of world science and new technologies using international databases. They are the basis for decisions by the Expert Councils and the High-Level Working Group on key thematic areas and the preparation of a relevant draft government decision. Despite the conditions of quarantine, for the first time more than 2,500 experts from science, business, state and public organizations took part in the discussions, which is the basis for impartial and public decision-making. To strengthen the role of foresight as a tool for public planning and management in the field of STI, it is proposed to develop a STI roadmap as part of a research and innovation strategy for smart specialization (RIS 3) at the national level.

Institutional provision of infocommunication sphere development in the conditions of digitalization of national economy

Introduction. The article examines the problems of institutional provision for innovative development of the infocommunications as a component of the sphere of digitalization of Ukraine. The subjects have been singled out and the shortcomings in relation to the institutional provision of the innovative development of the country's infocommunication sphere have been identified. Determining the leading role of the infocommunication sphere in the process of formation and development of innovation infrastructure of the national economy, and on the basis of research of organizational, economic, innovative and legal bases of regulatory activity of the system of state and non-state institutions proposals are made to improve institutional development of infocommunication sphere.
 Aim and tasks. The purpose of the article is to study the features and problems of institutional provision for innovative development of the infocommunications as a component of the sphere of digitalization of Ukraine and provide suggestions on ways to improve it.
 Result. An analysis of basic legal acts aimed at regulating scientific, technical and innovative activities of Ukraine is provided. The characteristic features of economic activity in the infocommunication sphere are highlighted and the factors that hinder the innovative development of the digitalization of Ukraine are formed. It is shown that the institutional provision of innovation in Ukraine is represented by an extensive structure, as government regulation should provide solutions to existing problems in the economy and concentrate available resources for the effective implementation of research and innovation. Conceptual bases of creation of innovation and investment hubs in the country are formed, principles of their formation are allocated, among which basic are - concentration, common interests and interaction, and models of their financial and infectious maintenance.
 Conclusions. Based on the study, the authors proposed in the process of regulating the innovative development of the infocommunication sphere to apply a systematic approach with the definition of methods and mechanisms of state regulation, which should be formed and enshrined in law. The consequence of consistent state provision of the innovation and institutional environment will be the creation of favorable conditions for doing business in the country and the development of creative human potential.

Banking innovations: security technology solution

The article identifies the essence of the concept of banking innovations and their role in the financial security of banking institutions. Features of development of technological banking innovations in Ukraine, including in the conditions of influence of COVID-19 are considered. The characteristics of banking innovations are considered, the criteria to be met by banking innovations both on the part of the client and on the part of the bank are identified. The classification of banking innovations according to such features as: by time aspect, by novelty, by causes of occurrence, by volume of influence, by influence on behavior, by scale of innovation, etc. is given. It is proved that the financial security of a banking institution should provide protection of banks from the impact of external and internal threats, as well as minimize the level of their negative impact. The basic principles of financial security of banking innovations in order to ensure the stable development of the latter are described. It is established that the most relevant and in demand in the market in the development of coronavirus infection were such technological innovations of remote capabilities as: contactless payments, online services, mobile banking applications, electronic money transfers, virtual cards. The peculiarities of the use of technological innovations by banking institutions in Ukraine and their impact on the security of banking institutions and customers are noted.
 In order to conduct the study, such general scientific and specific research methods were used as: the logical method, the method of analysis and synthesis, the system method, the method of theoretical generalization, the grouping method, the expert method and the method of logical analysis.

ФОРМУВАННЯ ЗДОРОВОГО СПОСОБУ ЖИТТЯ ДІТЕЙ – ПЕРШОЧЕРГОВЕ ЗАВДАННЯ БАТЬКІВ

Сьогоднішній стан здоров’я населення України експерти оцінюють як загрозливий. Щоб вийти з цього стану потрібні зміни у соціальній політиці держави, а також спільні дії педагогів, батьків та громадськості. У статті досліджуються шляхи і методи подолання деяких факторів сучасності, які негативно впливають на здоров’я дітей, зокрема, надмірного користування дітьми електронниими пристроями, нераціонального харчування, брак у них почуття родинності тощо. Корисним для батьків буде перелік тем для проведення санітарно-просвітницької роботи з дітьми. У зв’язку із введеням у дію Санітарного регламенту загальноосвітніх закладів істотно змінюються завдання батьків і батьківських комітетів щодо контролю за реалізацією цього документа, який суттєво впливає на формування здорового способу життя дітей. Досліджується проблема стимулювання громадян України, які дотримуються здорового способу життя.

STRATEGIC ORIENTATION OF INNOVATIVE ACTIVITY REGULATION: UKRAINE AND EU INTEGRATION PROCESS

The article reveals scientific approaches to the creation of strategic guidelines for European integration processes based on the prediction of indicators of innovative development, considering international experience. This will make it possible to achieve the effectiveness of the processes of regulating innovation activity in the national economy and accelerate the pace of its development. The article proposes to identify relevant indicators of innovation activity to promote innovation changes based on the analysis of the overall innovation index of countries using econometric instruments. The characteristics of the process of introducing innovations in Ukraine are given in accordance with the individual components of the overall innovation index, which, according to the results of the calculation of the European Innovation Scoreboard, gives an idea of the various categories of countries-innovators in terms of the degree of innovative support for their economies. Based on the analysis of international statistical reporting, trends in the development of the innovation index in Ukraine and the European Union for a short-term period are established. Based on the Gompertz method, it is shown how the dynamics of each indicator will change, depending on the obtained predictive values of innovation development indices. This allows to determine the significance of regulatory instruments and generate appropriate forecasts. The methodology for finding regulatory instruments in the innovation development management system is developed depending on the speed of management intervention in the process of stimulating innovative changes. Strategic guidelines for the use of instruments for managing innovative development are formed depending on each index specifically. The content of the instruments is proposed depending on the priorities of the European integration activity and the influence of management on the formation of reforms, which will ensure the targeting of innovative regulatory initiatives in precisely those areas where the response of the national economy to the implemented influences will be most effective.

INNOVATIVE ASPECTS OF SUSTAINABLE DEVELOPMENT OF THE ECONOMY OF UKRAINE

Introduction. To date, innovations have not had a significant impact on the Ukrainian economy, and at the same time the general macroeconomic situation does not contribute to the intensification of innovation in the business environment. Under the current conditions, Ukraine is forced to use and borrow production and management technologies from leading countries, to catch up with them in technological, innovative and technical development. In this regard, the country needs to focus on the continuous implementation of innovation as a priority of the country's sustainable development strategy. Purpose of the work is to consider the relationship and interdependence of innovation and sustainable development, to determine the impact of innovation on the economic, social and environmental components of development. Considerable attention is paid to identifying the features of innovation in Ukraine based on the analysis of the Global Innovation Index, the share of enterprises implementing innovations and the volume of sold innovative industrial products. Method (methodology). A systematic approach, methods of analysis and synthesis are used to identify the impact of innovation on the components of sustainable development. Historical and statistical methods are used in the analysis of the peculiarities of innovation in Ukraine. Results. Innovation processes and innovation activities affect the economic, social and environmental components of sustainable development. Impact on the economic component will reduce production costs, increase productivity, profitability and increase profits, improve product quality, create new sectors of the economy, increase GDP and increase the country's competitiveness, replenish the budget, increase the share of innovative products in general and in exports in particular . The impact on the social component will be manifested in better meeting the needs of society, improving the duration, quality and standard of living, improving the quality of education. Changes in the environmental component will take place under the influence of innovations in the form of conservation of natural resources and reduction of emissions into the environment. The analysis of the peculiarities of innovation activity in Ukraine showed that innovations in Ukraine are underdeveloped and need to be intensified to build sustainable development. The obtained results can be used in the development of a strategy for sustainable development of Ukraine and the implementation of its policy in economic life.

Scientific and technical activities of higher educational institutions to ensure innovative development

The article is devoted to the results oof the research work monitoring of higher education institutions (HEIs) and research institutions of the Ministry of Education and Science of Ukraine to ensure innovative development of society, which is a mandatory and integral part of educational activities. The research was conducted in accordance with the laws of Ukraine “On Scientific and Scientific-Technical Activity”, “On Higher Education”, “On Priority Areas of Innovation in Ukraine”. A study of the results of cooperation of the HEIs with institutions, organizations and enterprises for financing research works in the framework of monitoring the implementation of priority areas of innovation in Ukraine based on the data of the main administrators of budgetary funds on their implementation of innovation and technology transfer was carried out. The analysis and comparative assessment of the results of research work in the context of regions and strategic priorities of innovative activities are carried out. According to the results of the study, it was concluded that in 2020, compared to 2019, there was a doubling of the number of HEIs who carried out research and development to ensure innovative development and increase in 1.5 times the amount of funding both in general and for priority areas of innovation. Most HEIs took part in ensuring innovation activities according to the 1st (energy sphere — 24 HEIs) and 6th (environmental protection — 24 HEIs) and 1 scientific institution) strategic priorities. Research works of HEIs and scientific institution were carried out in 17 regions and Kyiv, of which the most active in three regions (Kharkiv, Odesa, Dnipropetrovsk) and Kyiv. According to the results of research and development, the customer received new or significantly improved materials, products, processes, devices, technologies, systems, services for direct implementation in public practice. Thus, in 2020 there was an intensification of scientific and technical activities of HEIs and scientific institution, subordinated to the Ministry of Education and Science of Ukraine, which indicates an increase in demand for innovative products based on research commissioned by the real sector of the economy to ensure innovative development.

Фінансування інститутів інноваційного розвитку на умовах державно-приватного партнерст

Today, many infrastructure projects aimed at stimulating innovative development of territories are being implemented. Most of these projects are implemented only in partnership with the state and business. The effectiveness of these projects is different, which necessitates the study of the problems of cooperation in the form of public-private partnership (PPP) and increase the efficiency of project management that affect the territorial innovation development. The scientific works of F. Berger, V. Varnavsky, M. Gotre, M. Gerard, E. Zusman, T. Kryshtal, L. Leon, A. Reid, T. Voronkova, E. Savas, P. Savransky, L. Sharinger and other domestic and foreign authors made a significant contribution to solving PPP problems and its use in the innovation sphere. PPP in the innovation sphere is able to improve the mechanisms of interaction between the state and private entrepreneurship throughout the innovation cycle: from research, commercialization of scientific and technical developments and technologies to the production of knowledge-intensive technological products; improving the efficiency of budget financing. The basis for building innovation in Ukraine can be the interaction of the state, science, education and business through the use of PPP. PPP projects are traditionally financed through a combination of financial resources from various sources: private sector funds (including international investors), budgets of all levels, funds of state and joint ventures, credit resources of financial institutions, funds of development institutions. All parties must participate in the distribution of financial benefits from the project, and according to the formula approved before signing the agreement. The general approach in the distribution of profits between the partners is that it should be carried out in accordance with the percentage of investment costs of the parties to the contract under the PPP. The concept of efficiency reflects the relationship between results (management, production, transactions, interactions, etc.) and the costs incurred to achieve them. Interaction conditions associated with project risks that may change over the long-life cycle of projects. PPP has every reason to become one of the strategic directions of development and modernization of infrastructure, industry, energy, innovation, which affects, above all, priority projects aimed at attracting investment from private companies. Forms of financing of institutes of innovative development on the conditions of PPP are defined, possible ways of increase of efficiency of functioning of institutes of innovative development on the conditions of PPP are analyzed. The system of indicators for evaluating the effectiveness of innovative development institutions created on the basis of partnership between the state and business, taking into account the interests of each of the interacting parties, which allows not only to assess the social and economic value of partnership, but also the innovative component of projects.

АНАЛІЗ ПОКАЗНИКІВ ІННОВАЦІЙНОЇ ДІЯЛЬНОСТІ УКРАЇНИ ЗА МІЖНАРОДНИМИ РЕЙТИНГАМИ

The object of research - indicators of innovation of Ukraine in international rankings. The purpose of the work is to make an analysis of innovation activity in accordance with the criteria of international innovation rankings. Research method - method of analysis, statistical method. To date, there are a number of studies of indicators of innovation in Ukraine, but these indicators tend to change under the influence of various factors, so this topic is relevant today. In order to understand how innovation processes affect the development of the economy, and a high level of developed economy contributes to the rapid and effective implementation of innovative processes in production, it is necessary to investigate which indicators are key to effective development of innovative entrepreneurship. KEY WORDS: INNOVATION, INNOVATIVE ACTIVITY, INNOVATIVE ENTERPRISE, INDICATORS OF INNOVATION.

Critical thinking as an educational innovation in Ukraine: achievements and prospects

Critical thinking as an educational innovation in Ukraine: achievements and prospects

The criteria for choosing directions of smart specialization in the region (on the example of Kharkiv region)

When planning socio-economic development, the majority of European countries apply approaches set forth in the recommendations for choosing a smart specialization strategy. The methodology of smart specialization is a tool for finding the most competitive, unique sectors of a particular region of the country, the support of which may have a significant positive effect on meso- and macro levels. The article aims to analytically substantiate the criteria for choosing the priority spheres of the smart specialization of the Ukrainian economy on the example of Kharkiv region. This region demonstrates the highest increase in industrial potential and the highest level of innovation in Ukraine. According to the results of the authors’ studies, the trends of key indicators of socio-economic development are established. Among the types of economic activity in Kharkiv region, industry, agriculture, trade, and information and telecommunications are the most promising (from the position of smart specialization). The article empirically proves that the following are the main criteria for choosing directions of smart specialization (specific industries) in the industrial sector of the region’s economy: the innovativeness of products, the efficiency, the level of remuneration. In agriculture, effectiveness is the criterion for choosing smart specialization directions. Its level is reflected in productivity indicators and profitability of production. The choice of trade as a direction of smart specialization of the region is based on two criteria: the specialization in wholesale trade turnover of non-food products; the scale of the domestic component in wholesale trade turnover. The specialization of Kharkiv region in the most innovative segment of information and telecommunication programming, consulting, and related activities indicates the existence of a significant potential for the innovative development of this region.

Сучасний стан та особливості розвитку венчурного інвестування в Україні

The article is aimed at studying the current state of venture investment in Ukraine and determining further prospects for its development. Carrying out the analysis and summarizing the scientific selections of numerous scholars, the essence and specifics of venture capital were considered, the factors that have the greatest impact on the development of the venture industry were provided. In the course of the study, the analysis of venture investment indicators in Ukraine was carried out: the number of joint investment institutions; the number of asset management companies; the total value of net assets of joint investment institutions; the number of the most profitable venture funds in Ukraine and their profitability indicators. A number of issues have been identified that need to be addressed first, as they impede the intensification of venture investment in Ukraine. The main focus is on the peculiarities of financing innovations in Ukraine. The directions of venture investment in the Ukrainian economy are distinguished and comparisons with certain features of venture investment in European countries is made. According to the finding, it is proved that venture financing in Ukraine is prone to the implementation of medium- and short-term investment projects. It is found that most venture funds are unable to perform their economic functions, as they are mostly used to optimize asset management of large industrial companies and medium-sized enterprises. On the basis of the identified problems, the directions of activation of venture funds are proposed, the main one being active policy on the part of the State, directed towards strengthening the position of venture funds.

Формування інноваційних конкурентних переваг підприємств дорожнього господарства в умовах стратегічних змін

The article is devoted to the study of innovative competitive advantages of the road economy enterprises in the context of strategic changes. Based on the analysis of types of economic activity by the technological sectors, it is determined that the construction and reconstruction of roads is classified as a low-tech sector of the economy, which leads to a slow pace of development of innovativeness of competitive advantages of the road economy enterprises. At the same time, the analysis of the dynamics of budget funds to finance the construction, reconstruction and repair of roads of national importance demonstrates the potential for the formation of innovative competitive advantages. Under such conditions, the conception of open innovations becomes especially relevant. According to the results of the study, it is defined that the conception of open innovations in Ukraine can be implemented through the creation of information platforms along with provision of reference and information resources. As an instrumentarium for the implementation of the conception of open innovations in the road industry in Ukraine, it is proposed to consider the following: web portal «Innovations in the road industry»; database of information and analytical system on the projected and constructed analogue objects; thematic plan of research and development works of the State Agency of Automobile Roads of Ukraine and analysis of trends in the world innovative development of road construction. It is specified that for the development of competitive advantages of road economy enterprises in the context of strategic changes, it is necessary to constantly focus on improving construction processes, applying innovative technologies and innovative materials. This approach will allow road economy enterprises to make economically sound business decisions when choosing innovative technologies and materials for implementation.

ІННОВАЦІЇ ЯК СКЛАДОВА ФОРМУВАННЯ ПРОДОВОЛЬЧОЇ БЕЗПЕКИ УКРАЇНИ

The article is devoted to arguing the importance of innovations in the formation of food security in Ukraine and the world. The main indicators of the transformation of the agricultural sector of the food sphere in the direction of innovations are considered. Risks for the food security of Ukraine and the world caused by demography, shortage of natural resources, food waste, pandemic, climate change and the full-scale military invasion of russia on Ukrainian lands are identified. The influence of the military actions of the russian federation on the agricultural sector of Ukraine and its consequences on the food security of the states, which are import-dependent on Ukrainian products, are analyzed. The development of the agricultural sector based on smart agricultural innovations and in the direction of organic production is substantiated. The Ukrainian agri-food sector in modern conditions is not only a type of business activity in the agricultural sector but is an area of global social responsibility. Innovative approaches and technologies, new quality of work, innovative developments and inclusive solutions will reduce costs, and increase productivity and profitability of agricultural production, which will strengthen not only the food security of Ukraine but also economic security. The implementation of innovations in the available agricultural resource potential of Ukraine will provide opportunities to increase the volume of production and export of agricultural products. Innovations in the agricultural sector should be aimed at fulfilling the goals of sustainable development and be directed to highly productive farming, ensuring its environmental sustainability. To speed up the development of agricultural innovations in Ukraine, the article proposes to establish cooperation with the international community for the exchange of experience and the development of joint innovative projects in agri-food production. The introduction of innovations in the agricultural sector will ensure its balanced and highly productive development, which will contribute to strengthening food security, environmental friendliness, and humanization.

Фінтехнології в банківському бізнесі: реалії та перспективи

The article aims at studying the place of and prospects for financial technology development in the banking business during the digitalization process in the economy by using both the theoretical and empirical research methods. Having analyzed research works on the topic, the authors systematize the key trends in banking innovations in Ukraine and prove the relevance of financial technology in the banking business during the current digitalization. As a result, the current place of financial technology in the banking business is determined by identifying modern customers’ needs and current market conditions in the field of money services (the growing number of Internet users, gadgets, and hence the growth of the cashless money transfer turnover), and the following prospects are suggested: customer value and the quality of service provisioning (i.e., quickness, flexibility of the business structure and extensive use of various technologies). The results are based on the synthesis and analysis of the achievements of financial technology companies in the Ukrainian and world markets, their cooperation with banks, as well as their actions in the global pandemic, the latter reducing the financial inflow, but at the same time encouraging innovations. Research prospects in this context lie in suggesting the key trends of the future, such as including financial services in non-financial relations, the Internet of Things (seamless payments, where the focus shifts from payment to the service itself, providing long-term interaction between the seller and the buyer); the nature and consequences of changing the format of payment services in the domestic market (PSD2). Still, much will depend on further results of the work of the Ministry of Digital Transformation of Ukraine and the actions of the regulator, i.e. the National Bank of Ukraine, concerning the digital development of the financial sector

СИСТЕМА ПОДАТКОВОГО СТИМУЛЮВАННЯ ІННОВАЦІЙНОЇ ДІЯЛЬНОСТІ: СТАН І ПЕРСПЕКТИВИ

The article examines the mechanisms of tax incentives for innovation of economic entities, which should focus on the development of national production and ensure sustainable macroeconomic growth. It was found that the main problems of the domestic economy, which create barriers to its innovative renewal, are the weak links between science and industry, lack of demand from industry and research and development, very low level of technical equipment of the economy, lack of market motivation for the development of knowledge-intensive production, worn-out equipment and, as a result, low efficiency of the economy as a whole. It is proved that among the main reasons for the reduction of budget revenues in the economy of Ukraine, in addition to the crisis, there are also tax benefits. For certain areas of business, this is one of the most attractive types of government support, as it means that some businesses are starting to pay less taxes. The rest, respectively, must be paid by other business structures or the state receives less money to finance its expenditures. As a result, inequality between taxpayers and a simultaneous reduction in the amount of funds that can be collected by the Ministry of Finance. Thus, in 2019 alone, due to the provision of tax benefits, the state budget did not receive budget revenues equivalent to 1.3 billion US dollars. Total budget losses from this source during 2015-2019 amounted to 6.4 billion dollars. It was found that in Ukraine there is almost no system for monitoring the impact of tax benefits, and this does not allow to assess the future effect of the introduction of such measures. Of course, this has important negative consequences for both public finances and the economy as a whole. The influence of granting tax benefits on the loss of state budget revenues is analyzed. Specific measures aimed at tax incentives for the development of innovation in Ukraine, the introduction of innovations by economic entities of all sizes are proposed. The need to rethink the criteria for granting tax benefits is noted. Foreign practice of tax incentives for innovation and investment activities, the cost of innovation is time-tested and quite diverse. Undoubtedly, it can be useful in the development of this area of tax incentives in Ukraine.

ОСОБЛИВОСТІ ТА ПЕРСПЕКТИВИ РОЗВИТКУ ФІНАНСОВОГО РИНКУ УКРАЇНИ

In this article, we examined in detail the financial market of Ukraine and analyzed its activities over the past few years, from the onset of the financial crisis to the collapse of the economy during the coronavirus crisis. We have investigated the state of the financial market of Ukraine at the present stage and determined its state for the period of the Pandemic Covid-19, which began in 2020. The main criteria by which the market analysis was carried out were operations with securities, the level of investments in the Ukrainian economy and the hryvnia exchange rate against the dollar over the past few years. We investigated that the financial market underwent a serious impact after the outbreak of the war in Eastern Ukraine in 2014, the hryvnia exchange rate changed at that time. We found that today the financial market of our state is in a rather critical situation and requires significant injections from both the state and from international investors and organizations. The Ukrainian financial market is under the great influence of international financial organizations and on whose activities its stability and positive development depends. As a result, the prospects for the development of the financial market of Ukraine were identified and, as an option, we proposed financial innovations that should improve the work of financial institutions and the government and, as a result, positively affect the main indicators of stability of both the market and the state economy. In the course of the study, it was revealed that financial innovations allow Ukrainian banks to improve and improve the quality of provided banking services, thereby creating competitive advantages not only for a number of individual banks, but also for the entire banking system as a whole. From the point of view of the development of globalization in the world financial markets, the use of financial innovations in Ukraine leads to the strengthening of the position of credit institutions in the financial market, which is especially important in the context of competition for clients between various types of financial institutions.

Розробка методики порівняльної оцінки телекомунікаційних нематеріальних активів у контексті глобального тренду їх розвитку

In the conditions of the technological stage of the information society development, intangible assets in the form of the latest knowledge and technologies become a key factor in the competitiveness of the world’s leading companies, including the ones in the sphere of telecommunications. In this regard, the problem of determining the level of development of telecommunication intangible assets in Ukraine in the context of the global trend as a basis for the elaboration of a methodology for their comparative assessment based on the integral index becomes relevant. To achieve this aim, the article measures the indicators of the intangible value of advanced telecommunication companies in the world, as well as intangible investments and the sectoral innovation in Ukraine. According to the findings of the statistical research on the development of telecommunication intangible assets, reasonable conclusions are presented. In particular, considered are their active build-up in the world, on the one hand, and the level of development in Ukraine that is not sufficient for the progress of the economy and movement towards the digital society, on the other. Based on the conclusions obtained and taking into account the need to search for new resources of economic growth, a methodology for computing the integral index of telecommunication intangible assets for domestic practice is elaborated. This methodology, including measuring instruments, criteria and assessment indicators, acts as an instrument for managing telecommunication intangible assets viewed from the point of the development basics. The assessment instrumentarium proposed in the publication serves as the basis for its further development in the direction of expanding the complex of factors (conditions) for the development of telecommunication intangible assets in Ukraine.