Innovative Development Of Ukraine Research Articles

Is increasing a share of R&D expenditure in GDP a factor in strengthening the level of innovation development in Ukraine compared with GII’s top countries?

The study aims to test whether increasing a share of R&D expenditure in GDP strengthens the level of innovation development in Ukraine compared with top countries in the Global Innovation Index. It models the impact of changing a share of R&D expenditure in GDP on the level of innovation development based on 10 countries-leaders in GII 2022 and Ukraine. Correlation analysis proved the existence of a relationship between the levels of R&D expenditure (as percent of GDP) and innovation development (the overall score of GII); its strength and direction are characterized (for 2011–2020). The results show that in GII’s top countries, the relationship between innovation development and R&D expenditure is direct in 70% of the sample’s countries, mostly with high and very high relationship power without time lag or 1-2-year time lag. This relationship is inverse in Ukraine, with high relationship power and a 1-year time lag. The system dynamic linear panel-data model is built to determine and formalize the impact of changing a share of R&D expenditure in GDP on the level of innovation development for GII’s top countries and the linear regression model – for Ukraine. For GII’s top countries, it is confirmed that with an increase in R&D expenditures by 1%, innovation development potentially increases by an average of 2.71%, and in Ukraine – it decreases by an average of 4.8%. This discrepancy is explained by the need to improve state policy and regulatory framework in innovation development and its financing in Ukraine.

STRATEGIC MARKETING IN A DYNAMIC MARKET ENVIRONMENT:

The article is devoted to the study of strategic marketing roles within the context of dynamic markets. It examines the methods and approaches that enterprises can use to achieve competitive advantages in these circumstances. The paper highlights the importance of strategic marketing in the context of modern business and explores adaptive approaches to the development of marketing strategies. Furthermore, the authors analyze the results of three key innovation rankings, the Global Innovation Index (GII), the European Innovation Scoreboard (EIS), and The Bloomberg Innovation Index, to identify the shortcomings and prospects of Ukraine's innovative development. The paper presents the dynamics of changes in the share of creative goods, works, and services in the total volume of shipped goods. The authors identify drawbacks and prospects for innovative development based on the current state of Ukraine's economy. In addition, the article analyzes the general trends in market dynamics, the impact of technological innovations on the business environment, the spread of globalization in the modern world, and how these factors affect strategic marketing. Particular attention is paid to trend analysis and forecasting methods, as well as the importance of innovation in strategic marketing. The research provides examples of successful implementation of innovative strategies in various business sectors. The authors present the prospects for innovative development in Ukraine. These prospects offer many opportunities for further growth and competitiveness on a global scale. The statistical evaluation of the research results showed the reproducibility and reliability of the data obtained.

Modern defining characteristics of innovative development of the ukrainian economy: theoretical and practical aspects

The subject of the article is theoretical substantiation, methodological support, and practical proposals for studying the innovative development of the economy in modern conditions. The aim of the study is to generalize and improve the theoretical foundations of innovative development, identify the main influencing factors and defining characteristics of its course and develop proposals to ensure innovative development of Ukraine's economy in the current conditions. The following tasks have been defined: to find out the attitude of specialists to the possibility and necessity of supporting innovative development in today's difficult military conditions; to summarize the theoretical basis of innovative development and improve its definition and group existing concepts; to substantiate the most influential factors that determine the intensification and/or containment of innovative development of the Ukrainian economy; to identify its defining characteristics, which are used to generate measures to ensure innovative development of the economy in wartime conditions. To solve the tasks, the following methods were used: theoretical generalization, analysis, synthesis, induction, deduction, structural and logical analysis, systemic and situational approaches, economic and statistical analysis, correlation analysis, multivariate regression analysis, graphical method. The following results have been obtained: the definition of the concept of "innovative development" has been improved; the concepts of innovative development have been analyzed; the main factors influencing the course of innovative development in Ukraine have been identified; multivariate regression models have been built according to the influential factors of innovative development and the most important of them have been substantiated; the current defining features of innovative development of the Ukrainian economy have been identified by significant factors and their specification has been carried out in accordance with the measures to ensure it in the conditions of military operations. Conclusions. It is proved that the improved concept of "innovative development" is that it characterizes the resolution of obvious and hidden contradictions on the basis of qualitative changes in the economic system through the accumulation of quantitative transformations in its components and/or factors of innovation processes, intellectual property, the latest technologies and products. In accordance with the above generalized concepts of innovation development, the author investigates the factors influencing this phenomenon based on the dynamics of the components of the global innovation index and statistical indicators of Ukraine's economy for the period 2015–2022. The most influential factors according to the outlined indicators are identified and multivariate regression models are built, which reveal the following modern leading features of innovation development: formation and maintenance of solvent demand of end users (customers) of innovations for the acquisition of intellectual property. With this in mind, the author proposes measures to ensure and intensify innovative development in the context of military operations in Ukraine.

Forecast of changes in the macroeconomic situation in Ukraine: smart economy of the future

Aims: to theoretical development of methodological tools for selecting national priorities for sustainable economic development based on the concept of a smart future economy. Methodology. This article uses a systematic approach to the study of change processes in the fields of macroeconomics, analysis and synthesis, induction and deduction, quantitative and qualitative scientific abstraction, comparison and analysis. Based on the modeling method, the article proposes a model for planning economic growth based on the indicators of socio-economic, investment, and innovation development of Ukraine and major countries of the world. Results. The paper proves the complexity of the problem of choosing the country's development priorities and its specialization, which is observed in many works of Ukrainian scientists and researchers from other countries. For this purpose, 40 scientific papers by foreign and domestic scholars were analyzed, and macroeconomic statistics data presented on official statistics websites were used. Based on the analyzed sources, the main problems of the socio-economic development of the country are determined, and the model provides a systematic approach to the formation and implementation of strategies for sustainable socio-economic development. The knowledge industry was developed, and a model was created for the selection of national innovative development priorities based on two main parameters: Overview of the national structure of innovative and specialized industries. The approach of information and communication platforms as a methodological tool for the formation of strategies for local socio-economic development is proposed. Scientific Novelty. With the help of the developed model, it is possible to determine the factors affecting the growth of Ukraine's GDP and forecast the growth of the country's economy. It is found that the transition to a smart economy and the use of the latest innovative smart technologies have the greatest impact on national economic growth. The proposed model for forecasting and evaluating the national socio-economic, investment, and innovation policy can provide the main directions for resource allocation and budgeting. Conclusion. The proposed proposals will contribute to the further development of an innovative program for socio-economic development of the country by applying the principles of the European concept of smart specialization to the Ukrainian economy. Implementation. The research materials can be used as methodological support for demonstrating the directions of regional socio-economic development.

State management and financial support of innovations: the example of Ukraine

The article discusses the current trends in innovation in Ukraine, their financial support and features of public management on the example of the defense and agricultural sectors, which are vital in the field of national security. The goal is to study the impact of new economic realities caused by systemic reforms and crisis processes on the innovative development of Ukraine in order to substantiate promising areas of innovative national security in terms of highlighting the conceptual foundations of financial support for innovation as a component of Ukraine's national security. To achieve the goals of the study, scientific tasks are defined: analysis of the regulatory regulation of state investment management, statistical analysis of financing costs and correlation analysis of macro indicators, the policy of forming an innovative economy in the countries of the world, industry specifics of individual sectors of national security. Methodological tools used in the research are methods of economic theory, the method of comparisons and statistical analysis for the disclosure of innovative analysis and its components; formalization method for work on direct strategic development. According to the analysis of the dynamics of funding of scientific and scientific and technical activity during 2010-2020, an increase in the specific weight of external funds, other sources and, accordingly, a decrease in the specific weight of budget financing, domestic and foreign customers, which calculated the results of the core of the innovative ratings of the country. The data of the econometric analysis of 2010-2021 show the dependence of the view on innovations and the increase of the main macroeconomic indicators. This will be confirmed by the ranking positions for the global innovation index. Foreign experience was analyzed and recommendations are made for its possible application in the national economy. Research will contribute to the further development, emphasis and coordination of governmental and international programs for innovative development being developed for it. The results of the study may be useful for the formation of a strategy for the innovative development of individual industries.

INSTITUTIONAL EFFICIENCY AS AN IMPERATIVE OF THE POST-WAR INNOVATIVE DEVELOPMENT OF TERRITORIAL AND ECONOMIC SYSTEMS IN UKRAINE

Topicality. Despite numerous measures to stimulate scientific, technical and innovative development, declared by programs, legislative and departmental normative documents of Ukraine, the actual effectiveness of their implementation remains low, and priority focus on the innovative path of development did not become an integral part of it. Formal institutions should provide better legal, economic, and political institutional conditions, such as establishing strict and fair laws to protect stakeholders, reducing investment restrictions and increasing freedom for business, finance, and capital controls, as well as addressing corruption, bureaucracy, and autocracy. Such a policy is a prerequisite for creating a better investment environment and increasing the efficiency of resource allocation for the innovative development of territorial and economic systems in the context of post-war recovery of Ukraine.Aim and tasks. The aim of the article is to examine the theoretical-methodological and legal basis of the entrepreneurial environment in the aspect of institutional support for the development of innovative activity within territorial&economic systems. The tusk of the study is to propose measures for its improvement in the post-war period in order to recover the Ukraine’s economy on innovative bases.Materials and Methods. The research is based on results of comparative, semantic analysis and theoretical generalization of the previous studies, contemporary scientific views and empirical observations regarding the impact of institutional efficiency on investment, economic growth rates and total factor productivity (TFP) from a macroeconomic perspective. The contextual analysis results were applied to was applied to identify contradictions in the existing organizational and legal basis of the existing institutional framework for the development of territorial communities and business entities in the aspect of their innovative activity of territorial&economic systems and the overall economy of Ukraine in the post-war recovery context.Research results. The conducted research have led to a set of results, including: (1) improvement of categorical apparatus of the theory of regional management by defining the category of the "territorial&economic system", (2) determination of the main formal institutions and institutions that regulate the development of innovative activities in an entrepreneurial sector of the country and the development of territorial communities, (3) the contextual analysis of the existing institutional support conducted within the study allows for drawing conclusions that , overall, the country has developed a complex institutional environment, which is shaped by the existence of various institutions and regulations governing innovative activities.Conclusion. The Institutional support for innovative development in Ukraine has significant deficiencies, manifested in contradictions, insufficient identification of subjects and objects of the innovation process, and inadequate resource allocation. The problem significantly inhibits the innovative development of territorial economic systems, and at some point makes it impossible. Strategies and management of the national innovation system remain fragmented, relatively ineffective and insufficiently coordinated. There is no clear division of roles and responsibilities, including financial ones, among different government bodies. More than half of the adopted innovative programs did not receive funding due to the lack of corresponding allocations in the state budget. Priority is given to the Annual Budget Law compared to the previous financial commitments defined in program documents.

Study of the military actions as factor in the regression of innovative development in Ukraine

The object of the study is the state of the economy in which the state of Ukraine got into during the post-pandemic crisis, the conduct of hostilities on the territory of Ukraine. The subject of the study is the impact on the development of the economy of innovation and mechanism in the post-war period. The relevance of the study is due to the need to reveal the reasons that negatively affect the creation of an environment attractive for the development of innovations, the mechanism of their implementation, and the attraction of investments for the development of the economy at the appropriate level. It is determined not only by the need to solve local problems to improve individual elements of the economic system, but also by the need to create a complex mechanism for introducing innovations by economic entities. The results of theoretical studies and practical experience are related to the study of the consequences of economic and political force majeure as a result of the current situation. The leading method of researching this problem is the method of systematization and analysis of theoretical research data, which allows comprehensively revealing the essence and necessity of introducing innovations. The study is devoted to the economic consequences of the military operations that took place on the territory of Ukraine. There were precedents in history. Peace agreements were reached (the Treaty of Versailles of 1919, which was signed between the victorious countries and Germany, which was recognized as the sole culprit of the war), the reparations of the aggressor country, paid to the countries affected by the war, were aimed at restoring the economy through the introduction of innovations. The materials of the article are of practical value for those who are interested in economics at the micro level, which are expanding their knowledge in this field. This topic is very important, because innovations play an important role in the development of every company, innovations affect the efficiency of enterprises, and the activities of enterprises affect the development of the economy. The research is aimed at the success and development of the economy of Ukraine.

Formation features of financial and economic security of housing and communal sector of Ukraine

The purpose of the study is to form conclusions regarding the prerequisites for ensuring the financial and economic security of the housing and communal sectors of the national economy of Ukraine. The research considers the relevance of defining the so-called housing and communal sectors of the national economy. These are areas where the key resource support for the functioning and development of the economy is formed, which create the necessary environment for the course of business activity processes. These are trade and the domestic market, the education and science sectors, innovations, innovative technological activities, information, and communication sector, etc. The indices and volumes of wholesale and retail turnover in Ukraine are characterized. Data on indicators of the development of e-commerce in Ukraine are summarized. The main parameters of the functioning and development of the domestic IT sector are highlighted. Emphasis is put on the capacity and personnel potential of the IT sector of Ukraine's economy. The results of a comparative analysis of investments in knowledge and innovative development of Ukraine are given. Conclusions were made regarding the volume and structure of domestic enterprises' expenditures on innovation, research, and development. The effectiveness of innovative activity of industrial enterprises in Ukraine is analyzed. Conclusions are made in the context of prerequisites for ensuring financial and economic security of the housing and communal sectors of the national economy of Ukraine. The applied value of the research results is in the determination of problem areas, aspects, and obstacles of ensuring financial and economic security of priority (in view of the areas where the key resource support for the functioning and development of the economy is formed, which create the necessary environment for the course of processes) of the national economy of Ukraine. The scientific novelty of the research lies in the development of the methodology for analyzing the prerequisites for ensuring the financial and economic security of the housing and communal sectors of the national economy. Keywords: housing and communal sector; financial and economic security; national economy; structural and functional analysis; security strengthening priorities.

The Governance System of Economic Innovation Development in the Context of Digitalization

The article is devoted to developing directions for improving the governance system of innovative development of the economy using digital technologies. The purpose of the study is to determine the development directions of the public administration system based on the current state and problems of innovative development in Ukraine. The topic’s relevance is determined by the need for rapid and effective economic recovery after the war. The study used general scientific research methods, including analysis, synthesis, comparison, and grouping. The study results show that the economic innovation development governance system is not perfect. Ministries in various fields regulate all innovation processes initiated by the state. So, a single innovation strategy for the state’s development and specific goals and objectives of innovative development is not set. Thus, the innovative development of the state is not coordinated, which needs further improvements. The study also shows that the state is not ready for innovative development, which requires an increase in the population ready to use digital technologies. In turn, it will increase the number of specialists in the information services field that can develop production processes. State stimulation of the IT services development will significantly accelerate economic growth, which is especially important in post-war conditions. The study’s practical significance lies in its possibility to be used by the administrative apparatus to improve the economic innovation development strategy.

ФІНАНСОВИЙ МЕХАНІЗМ ДЕРЖАВНО-ПРИВАТНОГО ПАРТНЕРСТВА В ЗАБЕЗПЕЧЕННІ ІННОВАЦІЙНОГО РОЗВИТКУ ПІДПРИЄМСТВ УКРАЇНИ

The article considers the financial mechanism of public-private partnership in ensuring the innovative development of enterprises. The interpretation of the concepts of public-private partnership by different authors is given, the advantages and economic, financial and social benefits and responsibilities of participants are given. The general and specific features of public-private partnership are outlined, the spheres of its application in innovative support of enterprise development are analyzed, and the main risks arising in the process of public-private partnership projects are clarified. The list of favorable conditions that determine the success of the public-private partnership projects' development and implementation is identified. The innovative aspects of public-private partnership are highlighted and the financial mechanism of this partnership in ensuring the innovative development of domestic enterprises is characterized. It is established that public-private partnership in the field of innovation and investment is considered as a new technology for the development of enterprises and the state economy. The purpose of the study is to determine the nature and components of the financial mechanism of public-private partnership in ensuring the innovative development of enterprises. The object of research is the main public-private partnership financial mechanism tools for enterprises' innovative development in Ukraine. To achieve this goal, various methods of scientific research are used: systematic, empirical research and analysis and synthesis. The results of the study made it possible to determine the essence of the concepts of "public-private partnership", "financial mechanism of public-private partnership". The main instruments of the financial mechanism of public-private partnership in ensuring the innovative development of Ukrainian enterprises are highlighted.

A NEW ECONOMIC MECHANISM IS A PREREQUISITE FOR THE INNOVATIVE DEVELOPMENT OF THE STATE

The article is devoted to the review of economic system as an organic integrity that develops according to its internal objective laws. The article substantiates the innovative development as an essential condition for surviving in global economic space, analyzes the innovation state of economy in pre-war Ukraine, determines the reasons for the low-level development of new technologies in the country, that are hidden in the weak technical equipping of the working population, presents the data about rapid physical and moral depreciation of the material and technical base in all the spheres of national economy in the country. The problem of business entities lack of economic interest to invest in innovation is also considered, primarily due to the fact that venture investments are meant, that is, investments with a high degree of risk, limited financial capability of potential investors, as well as insufficient assistance from the state due to the imperfect economic and financial policy, being the result of the underdeveloped economic mechanism as such. The article reviews the evolution of the formation of a modern efficient economic mechanism, where the state cooperates with corporations and other economic entities that can be seen in the combination of planning in the form of various techniques and existence of the market and economic interest of its subjects. The world experience of state support and implementation of new technologies that increase the labour productivity is studied, and the economic mechanism of different countries is considered, that stimulates the transition of the economy to an innovative model of development, which is extremely important in the post-war period for the formation of many elements of the economic system from the ground up. As recommendations, the article highlights the necessary actions on the part of the state for the transition to a new economic mechanism and the main directions of innovation policy in Ukraine. The importance of the formation of new institutions that will promote the development of new technologies in the country and the formation of innovative infrastructure, as well as the adaptation of the financial system to support these institutions, is noted. The importance of providing state protection of intellectual rights as one of the crucial conditions for the innovation development in Ukraine is highlighted.

Mechanisms to ensure the development of the economy of the future in the context of global change

The formation of effective mechanisms of development of the economy of the future has a number of barriers on its way, one of the most significant of which is the high degree of uncertainty of the modern economic and political environment, globalization processes, as well as the aggravation of crisis phenomena. Therefore, effective mechanisms of development of the economy of the future should, on the one hand, be in line with current global trends (such as the concept of sustainable development, digital transformation of the economy, business support), and, on the other hand, be as adaptable and flexible as possible in relation to unpredictable changes. The purpose of the study is to identify the main directions of the formation of mechanisms to ensure the development of the future of the economy, taking into account the impact of global economic changes and challenges. During the study, the following scientific methods were used: analysis and synthesis, economic and statistical analysis, graphical methods, the method of logical generalization. As a result of the study, the degree of achievement of sustainable development goals by Ukraine was determined, in particular, it was noted, the degree of fulfillment of which of them is closer to the desired values. The innovative development of Ukraine was characterized through the study of the values of the Global Innovation Index of Ukraine, as well as the percentage of Internet users in the country compared to the European Union. The main advantages of Ukraine in further development of innovations, as well as obstacles to such development, were established. Characterized the importance of small and medium-sized businesses for the economy, ensuring the level of employment, innovation development, and noted their adaptive potential under the changing conditions of the operating environment, in particular in times of martial law and military aggression of the neighboring country.

State regulation in pedigree swine production innovative development

The paper considers the economic principles of pedigree swine production innovative development in Ukraine. We consider substantiation as an expedient measure among the instruments of the state regulation, estimating the pig industry on the basis of evidence-based food safety requirements and determining the need for the studied product in accordance with the estimation calculations. It is expedient to focus the effective tools of state regulation on such assessment. The main task is to determine the required number of breeding sows in order to increase the total number of pigs in Ukraine to further ensure the required amount of pork consumption. It has been proved that the formation of competitive breeding herds that meet the industrial pig breeding requirements is a priority task for the industry in the medium term, due to signifcant lagging of the main indicators of domestic breeds productivity from the breeding material of the best breeding companies caused by the previous deep economic transformations, rupture of most production and technological chains, inappropriate provision of the commodity enterprises with crossbred young stock and lack of signifcant breeding achievements in the industry for the last twenty years. The low competitiveness of the domestic breeding base eventually led to a decrease in the number of pig breeds distributed in Ukraine and their further replacement by more efcient foreign genetic resources. We consider it expedient to differentiate powers between the Ministry of Agrarian Policy and Food of Ukraine, in particular, the Department of Livestock Markets, the State Breeding Inspectorate and regional departments of agro-industrial development through amending the legal acts regulating legal relations in pedigree livestock breeding. In particular, it is proposed to add the examination of breeding products and issuance of breeding certifcates to the responsibilities of the departments of agro-industrial development of regional state administrations. In order to create conditions for increasing the pedigree pigs breeding competitiveness in both domestic and foreign markets, it is advisable to: improve the system of subsidies for the purchase of young pedigree animals in order to stimulate demand for domestic material; to distribute the functions of scientifc and practical support of the livestock industry with domestic material; in order to optimize the cost of subsidizing the purchase of breeding animals, the state must clearly defne the critical effectiveness pedigree products purchasing, as well as to develop a mechanism for refunding the subsidies if the recipient has not achieved the targets. Key words: state regulation, innovative development, pedigree swine breeding, efciency, competitiveness, agricultural enterprise.

«Business-Education-Science» Coopetition and Innovation Transfer for Sustainable Developmen

Today «business-education-science» coopetition is an innovative approach to achieving sustainable development goals on different levels of economy and in various spheres of human life. In particular, there is great potential in the context of the fourth, eighth, and ninth sustainable development goals. That is why the article aims to analyze key trends and empirically prove and formalize the impact of «business-education-science» coopetition on sustainable development. The key directions of multidisciplinary study on «business-education-science» coopetition for sustainable development are determined by bibliometric analysis of 6035 documents for 38 years using the Scopus database tools and VOSviewer software. The obtained results allowed to form 7 clusters of multidisciplinary studies on this issue. A comparative analysis of Ukraine and the top 10 countries' levels of sustainable development, innovation development, and business-education competition were conducted. Besides a dynamic analysis of sustainable and innovation development in Ukraine, a dynamic analysis of business and education coopetition in Ukraine, Finland, Denmark, and Sweden was made for 2012-2021. The sample from the top 10 countries in the Sustainable Development Rating in 2021 (Finland, Denmark, Sweden, Norway, Austria, Germany, France, Switzerland, Ireland, and Estonia) are formed for 10 past years (2012-2021) to investigate the relationship between the level of «business – education – science» coopetition and the level of sustainable development, in particular the scores of University-Industry Collaboration Indicator and Sustainable Development Index. The Shapiro-Wilk test for normal data and Pearson / Spearman correlation analysis was used at the first stage of empirical confirmation of the hypothesis about the impact of «business – education – science» coopetition on sustainable development. In the second stage, the regression model of system dynamic panel-data estimation (The Arellano–Bover / Blundell–Bond model) is built to formalize and determine this impact. Then Arellano-Bond test for zero autocorrelation in first-differenced errors is made to show that there is no present evidence that the model is misspecified. It is proved that if the level of «business – education – science» coopetition (on the example of the score of the University-Industry Collaboration Indicator) increases by 1%, the level of sustainable development (in particular, the score of the Sustainable Development Index) will increase on 0,04% too. The obtained results could be useful for business, education, science institutions, and governance for further research and strengthening sustainable and innovation development levels.

ІННОВАЦІЙНИЙ РОЗВИТОК УКРАЇНИ В УМОВАХ ГЛОБАЛІЗАЦІЇ ЕКОНОМІЧНОГО ПРОСТОРУ

In the article investigated the directions of innovative development of Ukraine. Today, innovation is a factor in the development of the economy at all levels, increasing its productivity and competitiveness, and globalization opens up new opportunities for the introduction of new technologies and knowledge. It is determined that innovations in modern conditions are significantly affected by globalization. With the intensification of competition in world markets, interest in innovation is growing, and the strategic benefits of globalization include the exchange of technology and innovation. One of the important indicators that characterize the innovative development of the country is the share of expenditures on research and development in GDP. It has been established that the last decade in Ukraine was characterized by low values of this indicator in comparison with the member countries of the Organization for Economic Cooperation and Development, with a simultaneous reduction, which negatively affects the competitiveness of the economy and its growth. It is investigated that according to the Global Innovation Index 2021, Ukraine ranked 49th, entering the top three among innovative economies among countries with below-average incomes. The indicators that negatively affect the rating of innovative development of Ukraine are determined. The downgrade of Ukraine indicates a decline in its innovation potential. It is emphasized that the introduction of an innovative model of high-tech development is a solution to the problem of technological gap and increasing the level of competitiveness of Ukraine is а state. Problems of innovative development in Ukraine are considered. The directions of the state's innovation policy are outlined: stimulating innovations at the state and regional levels, joining global innovation networks, attracting investments in research, improving the regulatory environment, setting priorities for innovation development at the state and regional levels, etc. It was stressed that Ukraine needs to create an effective mechanism for intensifying development, which will allow innovating its economy and further integration into the world economy.

Conceptual and Methodological Foundations for Assessing the Innovative Development of Socio-Economic System

The purpose of this study is to develop a method for calculating an integrated indicator of the level of innovation development at the stage of exogenous innovation management system in order to identify the state and trends of innovation development in Ukraine. Methodology. The main research methods were analysis and synthesis, methods of statistical observation and generalization in the collection, grouping and analysis of statistics for 10 years. Another method was a comparative analysis in assessing the level of innovative development of Ukraine, in particular, all its components. The method was also used concrete and abstract comparative characteristics – in presenting the results, providing conclusions and research proposals. Results. The factor analysis of the indicators characterizing innovative development of the state for the period of 2010-2019 is carried out, by means of a method of the modified main component the generalizing indicator is constructed. The calculation of the generalized indicators of level of innovative development (LID) in 2010-2019 was carried out using the software SPSS 21. Practical implications. These practical recommendations can be applied not only in the Ukrainian business space, but also in the business of countries that have chosen innovative development. Value / originality. For the first time, an integrated indicator was proposed – the level of innovative development of socio-economic systems (states, regions). Conclusions. A method for calculating an integrated indicator of the level of innovative development of Ukraine, which includes institutional, social, economic, scientific, informational, educational and financial components of innovative development, has been developed. Keywords innovative development, factor analysis, level of innovative development, enterprises, assessment, methodology, unified indicator, potential.

THE INFLUENCE OF THE CONTENT OF INNOVATIVE INDICATORS ON THE DEVELOPMENT OF THE COUNTRY’S ECONOMY (RETROSPECTIVE ANALYSIS ON THE EXAMPLE OF UKRAINE AND POLAND)

The article is devoted to the analysis of innovative development of Ukraine and Poland. Management of innovation processes requires knowledge of the specifics of innovation in Ukraine and experience in the application of innovations in other countries, including Poland. Innovative development requires significant financial resources, regardless of the economy and the country. The scientific community uses a number of approaches to measure the level of innovation and innovative achievements. At the same time, there is no single and generally accepted method for assessing the level of innovative development of countries. The results of the generalization of scientific achievements on this issue showed that the most common methodology is the European Innovation Scoreboard, which is proposed by experts from the Research and Innovation Department of the European Commission. The aim of the article is to identify key areas for increasing the level of innovation development of the country based on the results of retrospective analysis of indicators of innovation development and competitiveness of Ukraine and Poland. Reports from the European Innovation Scoreboard and the Global Competitiveness Index were the starting point for the study. The results of the study showed that the main obstacle to innovative development in Ukraine, in contrast to Poland, is the significant loss of scientific and technological potential during the years of independence. It is determined that one of the strengths of the Ukrainian economy, which forms the potential to increase the level of its innovative development, is human resources. On the other hand, the efficiency of economic relations, the level of favorable environment for innovation, as well as financial and institutional support for innovation processes are the weakest dimensions of innovation. Low-rated indicators include innovators with product or process innovations, marketing and organizational innovations, and so on. The results of a comparative analysis of the levels of innovation development of Poland and Ukraine showed the existence of large innovation gaps between the studied countries. It is established that Poland is a leader in almost all components of innovation development. In view of this, it is expedient to study the experience of Poland in ensuring the capacity building of the country's innovative development.

The role and place of Ukraine in the innovative dimension of Europe

The purpose of the article is to study the indicators of innovative development of Ukraine and determine its place in the innovation dimension among other European countries. The methodological basis of the study is the use of general scientific methods: the method of theoretical generalization and comparison, as well as economic and statistical analysis, which are used to study indicators of innovative development of Ukraine and Europe, as well as modern computer technology for data visualization. The scientific novelty of the obtained results is that the main positive and negative tendencies, as well as perspective directions on the way of innovative development of Ukraine are revealed and its place in the innovation dimension among other European countries is determined. The paper analyzes the trends of innovation development of Ukraine for the period from 2012 to 2019. The study uses data from the Annual European Innovation Scoreboard (EIS) 2020, which publishes indicators of Ukraine and EU member states, as well as several non-European countries. It is established that in the vast majority of innovative areas Ukraine occupies the last positions among the considered countries. However, the analysis of the consolidated index of innovations shows that in recent years in Ukraine there is a tendency to slow growth of this index, and Ukraine belongs to the group of «modest innovators». For an in-depth analysis of the dynamics of innovation dimensions of Ukraine, the following types of indicators are also considered: «framework conditions», «investments», «innovation activities», «impacts». Conclusions. It was found that in the vast majority of innovation areas Ukraine occupies the last positions, but in this area there are some positive changes. In particular, the international competitiveness of the scientific base has improved; the environment in which enterprises operate has become more favorable for innovation; there is an intensification of innovation in the business sector; the links between cooperation between innovation institutions have expanded. The conducted research can be used for the formation and implementation of innovative development strategies of Ukraine, which will increase its rating and international competitiveness. Key words: innovation, innovative development, innovation index, dynamics, tendencies, competitiveness, innovative technologies.

Біоекономіка як сучасна парадигма економічного розвитку

One of the most relevant scientific studies of social economic policy of countries around the world is the development of bio-oriented economy. Many countries are creating new models of innovative development, one of which is bioeconomy. The purpose of the study is to determine the priorities of implementation bioeconomics model of innovative development in Ukraine. The main task of the study is to outline the possibilities use of new innovative methods of production on the basis of development of a bio-oriented economy. General scientific and special research methods: method of theoretical generalization for the formation of their own approach to understanding of the new paradigm of economic development on a bioeconomics basis; morphological analysis to clarify the conceptual and categorical apparatus regarding the researched problem; method of system analysis for the study of scientific and legal principles bioeconomy development. The article describes a new direction of economic development at which is reused and recycled, conditions are created for multiple, cyclical use of resources that creates a basis for the formation of the bioeconomy. The necessity of using modern knowledge in economics is considered human activities to restore the environment on the basis of the latest production technologies and biological resources. Characterized State bioeconomics strategies of the EU and Ukraine for development bioeconomy. One should notice that the bioeconomy is considered a key basis of modern innovative areas of economic development. It is based on extensive use of biotechnology and the use of biological renewable resources for production and energy production. Attention is drawn to the fact that the priority areas of the bioeconomy are creating preconditions for the economical use of natural resources, minimization of environmental risks and integration of biotechnological knowledge in different sectors of the economy and the establishment of economic ties between industries that were not previously the subject of the study. It is concluded that the role of the core of the bioeconomy is performed by the rural economy, as it is the main raw material base. Bioeconomy based on biomass and biotechnology where the main components are renewable biomass sources, in particular of agricultural origin.

The potential of cultural services in modern conditions of Ukrainian society development

The purpose of the article is to study the potential of cultural services in the new socio-economic conditions and in the context of the decentralization reform of Ukrainian society. The methodology is to apply such methods as comparative analysis and synthesis to characterize cultural services both in Ukraine and abroad; philosophical and logical to reveal the modern potential of cultural services in the new socio-economic conditions. The scientific novelty of the work is that the problems of innovative development of Ukraine, in particular in terms of technological systems, were analyzed and the role of culture, creative industries and cultural services in the development of modern society was clarified. Conclusions. At the present stage, the problems of innovative development of Ukraine are actualized precisely by technological methods. In turn, in the era of globalization, culture is becoming a «lifeline» that can bring society out of economic and social stagnation, and creative industries contribute to the creation of new innovative markets. Today, the development of creative industries is an important task for many countries, and creativity is a key point for a society based on knowledge and an efficient economy, as it significantly contributes to the development of various spheres of life and the country as a whole. In Ukraine, decentralization reform opens up great prospects for development for communities, as most small towns have significant tourist, recreational, cultural, historical and natural potential, and therefore there is a need to develop their own development strategy in the new socio-economic conditions. Meanwhile, the decentralization reform has contributed to the revitalization of primary cultural (club) infrastructure, including cultural hubs, which contributes to the creation of high-quality cultural goods and services to meet the cultural needs of the community. Ukraine also already has interesting examples of transforming former factories into creative hubs, including «Art Factory Platform», «UNIT.City», «Art Factory Mechanics», «Lem Station» and «!FESTrepublic» etc. However, in Ukrainian society the issue of discussing and approving a «minimum cultural basket» remains unresolved, which will contribute to the formation of single information and cultural space and provide guarantees for the population in obtaining cultural services and equal access to them.