scholarly journals Modelling of the Dependencies of Industrial Development on Marketing Efficiency, Innovation and Technological Activity Indicators

Ekonomika ◽  
2021 ◽  
Vol 100 (1) ◽  
pp. 94-116
Author(s):  
Olha Ilyash ◽  
Ruslan Lupak ◽  
Taras Vasyltsiv ◽  
Olena Trofymenko ◽  
Iryna Dzhadan
Keyword(s):  
Industrial Development ◽  
Industrial Sector ◽  
Innovation Activity ◽  
Power Model ◽  
Industrial Products ◽  
Latent Factors ◽  
Technological Activity ◽  
Technological Processes ◽  
Marketing Efficiency ◽  
The Impact

This study is relevant due to the multidimensionality and interdependence of industrial development and the indicators of innovation and technological activities and marketing efficiency. The use of economic and mathematical modelling of dependencies between key macroeconomic parameters of the national economy development made it possible to qualitatively analyse the impact of the indicators of marketing efficiency, innovation and technological activities on the parameters of industrial development. The influence of the volume of financing for innovation activity, the introduction of new technological processes and the volume of production of innovative types of products on the change in the volume of sold industrial products is econometrically taken into account. The multidimensionality of the dependencies of choosing an effective model of the dependence of the volume of sold industrial products on the factors in innovation and technological activities was the reason for building a power model. The uniqueness of using an integrated model of the dependencies of innovation and technological activities and industrial development lies in taking into consideration latent factors that influence changes in industrial production, including funding for innovation in the country’s industrial sector, the number of new technological processes and the level of mastering the production of new innovative types of products. The effectiveness of the study is explained by the fact that the selected system of indicators and dependencies helped to identify a number of risks to Ukraines’ industrial development, for example, a critical decline in innovation and technological activities of industry.

scholarly journals DEFINING CONDITIONS FOR INCREASING INNOVATION ACTIVITY IN THE INDUSTRIAL COMPLEX: ESSENCE, SYSTEMATIZATION, IDENTIFICATION

2021 ◽  
Vol 7 (4) ◽  
pp. 54-62
Author(s):  
Tetiana Hushtan ◽  
Anatoliy Kolodiychuk
Keyword(s):  
Imperfect Competition ◽  
Industrial Development ◽  
Hierarchical Level ◽  
Innovation Activity ◽  
Industrial Complex ◽  
Innovative Development ◽  
Market Environment ◽  
Innovation Development ◽  
The Impact

The subject of the study is to substantiate classifications of the factors of innovation development of the industry: according to the priority, traditional, barrier, according to the hierarchical level of innovation, the nature of supply demand for innovation, the peculiarity of the influence of factors on the market environment, the influence of factors on innovation localization, importance of innovations, the effect of innovation, nature of the impact, the power of influence, the type of competition, and other classifications of factors of innovation development of the industry. The need to intensify the development of Ukrainian industry in an innovative way requires the identification of the impact on these processes of various factors. To group these influences, the assessment of these factors should be done in the context of separate classes. For this purpose, it is necessary to develop a classification of innovative factors of industrial development. The purpose of the paper is to investigate and systematize the defining conditions for the activation of innovative development in the industrial sphere. The following methods were used in the work: dialectical method of scientific knowledge, analysis and synthesis, comparative, as well as the method of data generalization. It is proved that the complex non-use of these classifications for the substantiation of innovative development of the industry will improve the quality of planning and forecasting documentation and provisions of industrial policy. The applied meaning arising from the criteria for the classification of factors is based on their specific spatiotemporal and situational application, in particular, in conditions of imperfect competition. The classification of innovative factors of industrial development according to their priority is given. In this classification, the priority is determined by the importance and relevance of innovative industry development tasks on the basis of conclusions made as a result of the literature review. Summarizing the factors of innovation development in the barrier classification allows us to distinguish three aggregated groups of factors: socio-political and managerial, socio-economic, and financial. Our socio-economic analysis of innovative development factors of industry also allowed us to identify the following their classification attributes: the hierarchical level of innovation implementation, the character of demand for innovation, the nature of the impact on the market environment, the type of impact, the time horizon of action, impact on the area of innovation localization, the economic essence of innovation, the nature of the significance of innovation, innovation effect, the nature of effective impact, the power of influence, the type of competition.

scholarly journals The Impact of Industry 4.0 Technologies on Structural Transformation in the Manufacturing

2021 ◽  
Vol 100 ◽  
pp. 01009
Author(s):  
Oksana Kushnirenko ◽  
Natalia Gakhovich ◽  
Liliia Venger
Keyword(s):  
Industry 4.0 ◽  
Industrial Development ◽  
Raw Materials ◽  
Industrial Sector ◽  
Efficient Solutions ◽  
Strategic Partnership ◽  
Global Trends ◽  
Research Results ◽  
Industrial Enterprises ◽  
The Impact

In the paper, we investigate the impact of global trends Industry 4.0 on the structural transformations of Ukrainian industrial sector through the prism of global technological challenges. The current structural imbalances of Ukrainian industrial development and highlights the opportunities that 4.0 technologies provide for innovative industrial renewal are considered; and the readiness for adoption of innovative technologies of Industry 4.0 in the industrial enterprises is assessed. The key conclusion of the study is that further innovative transformation of global production will lead to inevitable changes in the organization and management of production processes. Based on the research results, an effective solution to certain problems has been proposed. The key finding of the research is that representatives of Ukrainian industry though perceive the importance of this tool face many obstacles in its implementation. Considering research results the efficient solutions of identified problems were proposed. They include the establishing strengthening the strategic partnership between the state science and business institutions in the process of stimulating cluster development; improvement of innovation infrastructure, creating the innovation ecosystems for the capitalization of scientific developments and the commercialization of innovations; creation of competitive conditions for all market participants, including equal conditions for access to the raw materials market, technology transfer, protection of property rights; reforming educational infrastructure; creation of a favorable investment environment with the help of mechanisms of state guarantees for foreign investments.

scholarly journals REALIZATION OF SUSTAINABLE DEVELOPMENT AIMS FOR INDUSTRY AND INNOVATIONS ON GLOCALIZATION PRINCIPLES

2018 ◽  
Vol 20 (4(69)) ◽  
pp. 7-22
Author(s):  
B.V. BURKINSKYI ◽  
O.I. LAIKO ◽  
M.I. LOSYEV
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Industrial Production ◽  
Industrial Development ◽  
Institutional Development ◽  
The State ◽  
Innovation Activity ◽  
Important Place ◽  
Technological Processes ◽  
Future Economic Development

Topicality. Creating of sustainable infrastructure and promoting of inclusive and sustainable industrialization and innovations is one of the aims of sustainable development of the state, approved by the United Nations, that implemented by the Government of Ukraine as a basis for future economic development policy. In the process of studying of the state's sustainable development, setting aims and finding ways of realization important place takes the research of industrial development and innovations, that takes into account the national specificity of the state's institutional development and the existing socio-economic situation on the principles of glocalization. This will take into account the interests of local communities, involve them in cross-border and international economic relations and will enable them to take part in globalized markets on the basis of local preferences and features.Aim and tasks. The aim of the article is to formulate the conceptual foundations and work out scientifically grounded application tools that are used as a methodological approach to study the existing level of industry and innovation development and to find ways to improve it using billateral joint of local resources and abbilities with preferences and conditions of global markets.Research results. The authors developed a complex of indicators for assessing the level of compliance of national industry, innovations and infrastructure with modern requirements for improving of the economic efficiency and "ecologization" of the economy through resource conservation and reuse of resources on the basis of glocalization. Data from the State Statistics Service of Ukraine, the Ministry of Economic Development and Trade of Ukraine, data from international rating agencies were the basis for the information provision of monitoring of the state of industry, innovations and infrastructure. According to the revealed tendencies, measures are proposed to regulate the development of industrial production, innovations and infrastructure on the principles of glocalization, the introduction of the postulates of the "green" and circular economics, in particular - economic and organizational stimulation of non-waste production through the application of tax holidays, priority in the competition for funding from the State Fund for Regional Development such projects that include non-waste treatment of garbage, complex industrial recycling of secondary or non- raw material without waste generation, as well as on the basis of the introduction of innovative domestic technologies.Conclusion. The revealed patterns of ecologization of domestic industrial production in Ukraine on the basis of glocalization point to the low capacity of industrial non-waste recycling of garbage and the insignificant level of use of circular technologies in the production process, that confirms the fact of uncertainty of terms and prospects of the realization of the idea of decoupling and the introduction of industrial activities on the basis of environmental and the achievement of zero waste level. The implementation of innovations using low-waste, resource-saving technological processes remains at an average-low level and in a year does not exceed 30-35% from the total number of implemented innovative technological processes, while the share of innovation activity and expenses for scientific developments in the total GDP volume is constantly shrinking. The level of penetration of a comfortable and well-developed infrastructure in the areas of infocommunications, in addition to Internet services, and road networks remains rather low and determines the prospects for further growth.

scholarly journals УГРОЗЫ ЭКОНОМИЧЕСКОЙ БЕЗОПАСНОСТИ РОССИИ И ПУТИ ИХ СНИЖЕНИЯ

2019 ◽  
Author(s):  
T. Uskova
Keyword(s):  
Economic Growth ◽  
Russian Federation ◽  
Industrial Sector ◽  
Economic Security ◽  
Innovation Activity ◽  
Russian Economy ◽  
The Russian Federation ◽  
The Impact

В статье дан анализ влияния ключевых угроз, влияние которых существенно снижает экономическую безопасность Российской Федерации. Сделан вывод о том, среди ключевых угроз безопасности экономики России низкие темпы экономического роста, продолжающаяся примитивизация структуры, высокая зависимость от энергосырьевого сектора, технологическая отсталость индустриального сектора, недостаток инвестиций, низкая инновационная активность. In this article, we analyze the impact of key threats which significantly reduce the economic security of the Russian Federation. We come to the conclusion that key threats to the security of the Russian economy include low rates of economic growth, ongoing simplification of the structure, high dependence on the energyresource sector, technological backwardness of the industrial sector, lack of investments, low innovation activity.

scholarly journals Industrial development of the countries of the Eurasian Economic Union in transition to the digital economy

2020 ◽  
Vol 159 ◽  
pp. 02001 ◽  
Author(s):  
Irina Rodionova ◽  
Tatiana Kokuytseva
Keyword(s):  
Industrial Development ◽  
Development Trend ◽  
Developed Countries ◽  
Industrial Sector ◽  
Innovation Activity ◽  
Modern World ◽  
High Tech ◽  
Global Trends ◽  
Eurasian Economic Union ◽  
Economic Union

The rapid growth in high-tech production is a key development trend in the modern world industry. However, the situation in the developing countries, as well as in “transition economies” (former socialist countries) differs from the one in developed countries. The economy restructure during the transition “from plan to market” in the post-Soviet states after the collapse of the USSR did not improve the state of the industrial sector in these countries. On the contrary, some industries were lost, economic interregional and intersectoral relations were destroyed when they became sovereign countries. And their foreign trade was reoriented outside the Commonwealth of Independent States (CIS) and later the Eurasian Economic Union (EEU). The purpose of the article is to assess the degree of readiness of the EEU and the CIS countries as a whole for the digital transformation of the economy on the basis of an analysis of their innovative and industrial development. The differentiation of the EEU countries by the level of industrial development, as well as the degree of lagging behind global trends in the transition to a post-industrial economy, is revealed. The analysis of the positions of the EEU countries in international rankings showed, that these countries continue to yield to the world leaders in terms of innovation activity and economic development. Today this gap may even widen. Only three countries still correspond to the main trends of world innovative development in the post-Soviet space: Russia, Kazakhstan and Belarus. Others have difficulties in innovative and industrial development.

scholarly journals The Impact of Inflation Prospects on Investments of Industrial Companies (Jordan’ case)

2021 ◽  
Vol 18 ◽  
pp. 916-928
Author(s):  
Abdul Aziz Farid Saymeh ◽  
Marwan Mohammad Abu Orabi ◽  
Abdulla A. S. Aldhourah
Keyword(s):  
Industrial Development ◽  
Pearson Correlation ◽  
Investment Decisions ◽  
Industrial Sector ◽  
Modern World ◽  
Industrial Companies ◽  
Prime Objective ◽  
Investment Process ◽  
Available Information ◽  
The Impact

This paper aimed to evaluate the impact of inflation prospects on investments of Industrial Companies in Jordan. The main objective is to elaborate the most relevant and feasible techniques to improve the prospects for developing the invests in the industrial sector. In the introduction part, inflation prospects and selected methods of analysis via available information resources were defined. It is well known that inflation is a prominent economic phenomenon in the modern world. The financial inflation is the prime objective of present study because it is primarily concerned with the investment process, especially to consider that inflation almost affects both the foreign and domestic direct investments by almost equal rates. The topic of industrial development is highly concerned with process of investment in Jordan. This research deals with the inflation effect on investment outcomes of most industrial companies in Jordan. This study will contribute to enrich the existing literature with financial structure and investment decisions via monetary inflation represented by capital, commodity and imports within the set of industrial companies. The study tool is a questionnaire that collected the needed data aiming to elaborate the preset conclusions of this research. Pearson correlation testing program was implemented to measure the relation between inflation and investment procedures. Overall outcomes revealed that the lowest coefficient observed between imports inflation. and all other variables were reversed, most increases in imports inflation were almost stabilized by the decrease of the other variables. While all other correlation values were positive.

scholarly journals Core Trends in the Development of the Industrial Sector in the Ukrainian Regions

2019 ◽  
Vol 84 (1) ◽  
pp. 78-90 ◽  
Author(s):  
S. O. Ishchuk
Keyword(s):  
National Economy ◽  
Capital Investment ◽  
Industrial Development ◽  
Industrial Sector ◽  
Innovation Activity ◽  
Practical Implementation ◽  
Return On Assets ◽  
Investment Activity ◽  
Eu Member States ◽  
Goods And Services

The deepening of the processes of European integration updated the need for Ukraine to increase the competitiveness of products of domestic producers to the level of the EU member states. The solution to this problem is impossible without structural modernization of Ukrainian industry. In its turn, the choice of directions and mechanisms for the practical implementation of the new state industrial policy in Ukraine (in particular, at the regional level) should be based on the results of relevant analytical assessments. The purpose of the article is to determine the key trends in the development of industry in Ukraine based on the evaluation of the dynamics of the values of indicators that systematically characterize the level of functioning of the industrial sector of the national economy in a regional context. The results of the analysis revealed that industry remains the leading type of economic activity in Ukraine with a share of 34.1% in the volume of sales of products (goods and services) in 2017. That year the industrial sector of the national economy significantly increased production, export and investment activity, and also reached a higher level of efficiency, in particular, resource (return on assets and labor productivity) and economic (operating profitability, profitability and return on assets). At the same time, there was a further decrease in the level of capital and innovation activity of the industry. To a certain extent, this is due to a slowdown in the dynamics of investment processes – the growth rate of capital investment in industry decreased by 18.4 pp. In order to counteract the established negative trends in industrial development (first of all, deterioration of the structure of assets and decrease of innovation activity, in particular, reduction of the share of innovative products in the total volume of industrial products sold, etc.), as well as for the further growth of profitability of the subjects of industrial activity and increase of the share of industry in commodity exports, the implementation of a complex of organizational and economic and financial mechanisms in the following areas: stimulating the level of innovation activity; activation of attraction of direct foreign investments; increasing export potential.

scholarly journals Industrial Policy: Domestic Challenges, Global Imperatives, and Pakistan’s Choices

2008 ◽  
Vol 13 (Special Edition) ◽  
pp. 23-34 ◽  
Author(s):  
Shahid Javed Burki
Keyword(s):  
Public Policy ◽  
Empirical Analysis ◽  
Industrial Policy ◽  
Policy Making ◽  
Industrial Development ◽  
Industrial Sector ◽  
Global Changes ◽  
Poor Growth ◽  
History Of ◽  
The Impact

Public policy is aimed at increasing the efficiency of the industrial sector in Pakistan. This paper looks at four issues. Firstly, it looks at the adjustments the new government needs to make to restore macroeconomic balance. Secondly, it discusses the global changes that have occurred in the industrial sector and how these could be incorporated into Pakistani policy making. Thirdly, I have briefly discussed the history of policies implemented in Pakistan. Lastly, I have discussed the importance of decentralized industrial policy making. This paper also conducts an empirical analysis of the impact of industrialization on poverty. It is concluded that industrial development in Pakistan has historically been heavily dependent on government intervention and there was poor growth in this sector as compared to other Asian economies. The paper also presents five proposals aimed at achieving higher growth in the industrial sector.

scholarly journals Government Expenditure and Sustainable Industrial Development in Nigeria

2021 ◽  
Vol 18 ◽  
pp. 31-41
Author(s):  
Alexander Ehimare Omankhanlen ◽  
Peace Onyedikachi Chimezie ◽  
Lawrence Uchenna Okoye
Keyword(s):  
Industrial Development ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Value Added ◽  
Industrial Sector ◽  
Series Data ◽  
Government Revenue ◽  
Proportional Change ◽  
The Impact

The development of the industrial sector remains a contentious issue in Nigeria’s economy.This research examines the impact of Government expenditure on sustainable industrial developmentin Nigeria. The research adopted Johansen co-integration and vector error correction analysis via EViews statistical software (version 10.0) for period between 1981 and 2018, to determine long-runimpact of public finance on industrial growth in Nigeria. It used time series data extracted from CBNstatistical bulletin (2018) and WDI (2018). This research adopts Wagner’s Law named after the Germanpolitical economist Adolph Wagner (1835-1917), which best explains government expenditure andindustrialization. This research study found out that government revenue is statistically insignificantbut has a positive effect on industrial development; Manufacturing Value added as a proxy (MVA), a100% change in GREV will bring about 28% changes in manufacturing output, capital expenditure ishowever statistically significant and negatively impacts industrial output, a change in CEXP will yieldless than a proportional change in MVA by about 52%, recurrent expenditure positively affectsindustrial growth, although its influence is statistically insignificant, a 100% rise in REXP will causeabout 41% increase in manufacturing sector’s growth. Also, a change in capital stock i.e. Gross FixedCapital Formation (GFCF) will lead to a significant but inelastic and less than proportional change inMVA, thereby depicting inverse relationship. Based on the findings the following conclusions weremade: Effective allocations of government revenue as well as the early release and approval of budgetproposals will have a meaningful effect on the economy, increase in sustainable investment levelalongside required equipment coupled with qualified personnel to properly manage these amenities willensure improvement of the industrial sector and finally, working incentives in form of tax incentives,promotion and salary increment should be regularly encouraged in the industrial sector in Nigeria

scholarly journals SYSTEM REGULATORS IN THE CONTEXT OF COST MANAGEMENT OF THE INDUSTRIAL SECTOR OF THE ECONOMY

2019 ◽  
Vol 7 (2) ◽  
pp. 66-70
Author(s):  
Оксана Иванова ◽  
Oksana Ivanova
Keyword(s):  
Industrial Production ◽  
Industrial Development ◽  
Cost Management ◽  
Technological Development ◽  
Industrial Sector ◽  
Actual Problem ◽  
Production Labor ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

The article presents the methodology of cost management of the industrial sector of the economy on the basis of a system of rules, each of which corresponds to its own model of the relationship of production, labor, innovation, financial potential. The hypothesis is being tested that the relationships describing industrial production from different groups will determine the strength of the impact of system regulators on the amount of costs in order to achieve the basic concepts of industrial development. The results of the calculations reflect that the development of the industrial sector of the economy for the period from 2007 to 2017, improved, but the level of technological development of the basic sectors of industry can be estimated as low, in addition, the actual problem is the weak innovative activity of the industrial sector of the economy, which affects the effectiveness of economic policy measures. The structuring of information with allocation of features of development of industrial production is developed. Defined system of rules, recommendations for the interpretation of findings in order to control costs of production. The proposed tool is intended to be used as a justification for the adoption of a number of programs for the development of industrial production. The results obtained by the author can be used as a basis for further theoretical and applied research in the field of cost management.

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