scholarly journals MECHANISM OF INNOVATIVE DEVELOPMENT OF DEVELOPED COUNTRIES OF THE WORLD AND FUNDAMENTALS FOR ITS CREATION IN UKRAINE

Author(s):  
Inna Barbanova

In today's world, one of the important indicators of each country is the mechanism of its innovative development. It is proved that countries with stable and developed economic system, high standard of living, education, science and business sector have created and regulated a mechanism of innovative development. In order to create, launch and effectively operate the mechanism of innovative development in Ukraine, it is necessary to create favorable conditions while applying world experience and taking into account its capabilities and features.  The article considers the content of the concept of "innovation development mechanism", identifies and analyzes the ten leading countries according to the Global Innovation Index 2019, highlights the main factors of influence of each country that have become key and common elements in successfully achieving innovation at the national level. The state and the business sector have given effective cooperation and interaction. The availability and sufficiency of resources for the creation of a mechanism of innovative development in Ukraine are studied, the main elements are identified and the scheme of interaction of these elements of innovative development is developed.

Author(s):  
Наталія Решетняк ◽  
Олена Назаренко ◽  
Юлія Єгорова

The need to ensure balanced innovative development of Ukraine is due to global uncertainty, dynamic processes and structural changes that are taking place today in the global economy. In these conditions, it is relevant to determine the position of Ukraine in the global coordinate system precisely in terms of innovation. Assessment of the state of the scientific and technical sphere, innovative development, research results in the countries of the world at the international level is carried out according to many indicators of various ratings, the most authoritative of which are: Global Innovation Index, Global Competitiveness Index, European Innovation Scoreboard. An analysis of the achieved level of innovative development of the Ukrainian economy in terms of international ratings requires the determination of methodological principles for their calculation. According to the results of the study, it was found that, despite some positive trends, in general, there is a significant gap between the level of innovative development of Ukraine and developed countries. It was found that the position of our country on the Global Competitiveness Index in the past few years has fluctuated between 76-89 places, in accordance with which, it is concluded that there are no effective reforms in the field of research, technology and innovation. The study of innovative activities of European countries and countries - regional neighbors demonstrated Ukraine's membership in the group with the status of «Modest Innovator». Low values of the analyzed indicators in international ratings are associated with errors in government policy and existing problems in the innovation sphere - the use of human potential, the quality of innovation infrastructure, the formation of sustainable relationships between elements of the national innovation system as a whole. The issues of cooperation with international institutions and poor integration into international scientific, technical and innovative cooperation remain unresolved. In this regard, steps are proposed in the direction of Ukraine joining the global innovation processes, which will bring the rating results closer to the level of developed countries in the future.


The signing of the Association Agreement in 2014 provides for the development of innovation cooperation between Ukraine and the EU, so it is appropriate to analyze the development of innovation in Ukraine since the signing to assess the effectiveness of the agreement and identify weaknesses and strengths of Ukraine as an innovator and make appropriate recommendations. The object of the research of the article is the innovative development of country and accordingly the subject is the current state of the innovative development of Ukraine in the conditions of implementation of the Association agreement with Europen Union. The goal of the research is to determine the level of innovation development in Ukraine, highlight the main advantages and disadvantages and provide appropriate recommendations for improving the conditions of innovation development in the country in the framework of the Association Agreement. To achieve the goal of the the research analysis of the dynamics of indicators that characterize the level of innovation development in the country since the signing of the Agreement was conducted. The database is international rankings such as the Global Innovation Index, the Bloomberg Innovation Index, the Global Competitiveness Index and the EU Innovation Scoreboard. Results: based on the analysis of the dynamics of indicators of the level of innovation development in Ukraine, weaknesses that prevent Ukraine from realizing its innovation potential are identified and a correlation coefficient to assess the relationship between GDP per capita and the level of innovation development is calculated. Conclusions: despite the current Agreement between Ukraine and the EU, which should stimulate the development of technology in Ukraine, the level of innovative development in the country still remains low and lags far behind the level of EU states. Thus, Ukraine does not take full advantage of the Association Agreement. The given recommendations for increasing the level of innovation development in Ukraine based on european experience should help develop a strategy for the creation and implementation of innovations, find ways to increase the competitiveness of the Ukraine’s economy by implementation its innovation potential.


Author(s):  
Ekaterina S. Podbornova ◽  
Maxim A. Melnikov ◽  
Vladimir A. Berdnikov

At this stage of development of the world economy, all countries, business and scientific organizations are engaged in the issue of quality monitoring of innovative development of society and the economy, inventing for this various indicators that could most comprehensively assess the level and quality of innovative development of an economic unit. Currently, the global innovation index is used to assess the level of the country's innovative development. The Global Innovation Index (GII) stimulates and supports innovation during this critical period. The Global Innovation Index is a global study and its accompanying ranking of countries in the world in terms of the level of innovation development. This article has reviewed the Global Innovation Index from 2015 to 2020 for the Russian Federation and the first 10 in the rating, based on the 2020 rating. We also analyzed the indicators that make up the main components of the global innovation index in Russia for 2020, and identified the strengths and weaknesses of 7 main components. The author proposes the main directions of development in terms of problem indicators of the global innovation index of the Russian Federation.


VUZF Review ◽  
2020 ◽  
Vol 5 (4) ◽  
pp. 32-40
Author(s):  
Alina Burliai ◽  
Oleksandr Burliai ◽  
Igor Smertenуuk ◽  
Kovalev Leonid

This article is devoted to the study of the level of innovative development of Ukraine in comparison with the level of innovative development of European countries. The main problems of innovative development of the country are considered and the factors influencing this process are analyzed. The essence of the concept of “innovation” is studied and the characteristic features inherent in them are highlighted. The own definition of innovative development of enterprises is formulated. The weaknesses and strengths of Ukraineʼs innovation development were assessed in terms of the parameters of the global innovation index using SWOT-analysis.


REGIONOLOGY ◽  
2020 ◽  
Vol 28 (3) ◽  
pp. 414-448
Author(s):  
Irina E. Ilina ◽  
Elena N. Zharova

Introduction. In the context of global competition between intellectual industries and building transnational structures that ensure socio-economic development, joining the world’s top 5 most innovative economies is possible only in case of increasing the science intensity of the business sector of the economy. Based on the results of the study conducted, the article gives an analysis of the industry average values of the costs of enterprises for research and development (R&D) in economically developed countries and outlines proposals for achieving a similar level of costs for such work in Russia. Materials and Methods. The study used data from the Organisation for Economic Co-operation and Development international statistical database, those from Rosstat, and reports from companies implementing innovative development programs. The results of the implementation of the programs for innovative development of Russian state corporations were evaluated. The study employed the methods of economic analysis, comparison, generalization, induction, and deduction. Results. On the basis of the study conducted, the authors have proposed recommendations for bringing the R&D costs to the level of the industry average values in economically developed countries. The authors have also proposed to secure the coefficients of the R&D costs corresponding to those in countries leading in innovative development in the programs of innovative development of organizations, taking into account the industry specifics. The authors have recommended introduction of such tools that ensure the achievement of the level of investment expenditures in R&D of economically developed countries, as the “qualified customer” model and the innovation voucher. Discussion and Conclusion. Based on the results of the analysis performed, a conclusion has been drawn that not all state corporations fully implement the assigned tasks. In order to ensure the technological development of the country, a number of federal executive bodies have been implementing a set of measures which lack synchronization. The results of this study can be used by public authorities when making managerial decisions in research and development.


2020 ◽  
Vol 59 ◽  

The article focuses on the innovative development of the economy through ensuring expenses to Research and Development at the level of established international standards. In its turn, the innovative development justifies the strengthening of the competitiveness of the national economy. In the article, such data as The Innovation Development Index, Research and Development Index, as well as The International Competitiveness Index provided by specialized international financial institutions and organizations are used. Based on these data, some indicators for the period 2010-2018 were analyzed. In addition, the article describes the ways of preventing economic crises through innovative development of the economy and justifies lower costs for realizing anti-crisis programs associated with innovative development. In particular, the funds spent by some countries under the anti-crisis programs of the global-financial crisis of 2008 were analyzed. These funds were compared with the funds spent on innovative development of the economy in these countries. As a result, it was determined that the anti-crisis programs cost several times more than innovative development cost. Also, it shows the relationship between the indices of global innovation development, global Research and Development expenditures and global competitiveness. The analysis of the top ten countries in these three indices is given. As a result of this analysis, the strengths and weaknesses of the countries with the highest results on all three indices were systematically studied. At the end of the article, scientific conclusions and practical recommendations are given, based on the analysis of the factors that played a key role in the success of the countries ranking in the top in the three indices, and the aspects that are not yet fully used.


2020 ◽  
pp. 168-180
Author(s):  
Muslum Mursalov

Promoting innovation requires efficient financial regulations ensuring well-functioning financial markets that play critical roles in reducing financing costs, allocating scarce resources, evaluating innovative projects, and managing risks. The author indicated that rigorous empirical studies that link financial regulation and innovation development are sparse. Thus, this study aims to provide some empirical evidence on linking government interventions, particularly by banking regulations and supervision, and a country’s innovative growth from the perspective of the mediating role of financial development. Specifically, this paper demonstrates that the development of financial markets and financial institutions mediates the path between financial regulation and innovation development in Azerbaijan. The structural equation modeling technique using the statistical package PATH additionally to confirmatory factor analysis in STATISTICA was applied to analyze the data. Contrary to expectations, this study did not find a significant direct impact of changes in regulatory benchmarks related to total CAR and FX loans to total loans on Azerbaijan’s rank in the Global Innovation Index and the volumes of high-technology exports. One of the more significant findings to emerge from this study is that the government regulatory and supervisory interventions in the banking sphere are changing the imprudent financial institutions’ and markets’ behavior. Thereby it contributes to establishing a better developed and sound financial system in terms of their access, depth, and efficiency. Meanwhile, financial institutions’ and markets’ development contributes to the country’s innovative development. This combination of findings provides some support for the conceptual premise that reduction or elimination of government power in the financial markets and institutions leads to exacerbating systemic risk and destabilization of the financial system that could not build extensive innovation capacities to foster growth. Keywords: banking regulation and supervision, Global Innovation Index (GII), high-technology exports, financial institutions development, financial markets development.


2020 ◽  
Vol 26 (4) ◽  
pp. 815-834
Author(s):  
V.V. Smirnov

Subject. The article considers the symbiosis of Russia with developed countries. Objectives. The purpose is to identify conditions and possibilities for the symbiosis of Russia with advanced economies to establish a process of concentrated internationalization of financial capital for the market economy development completion, formation of full-fledged capitalism with stable dynamics of productive forces. Methods. The study rests on the systems approach, using the methods of descriptive statistics, neural network, nonparametric and cluster analysis. Results. The study reveals favorable conditions for the symbiosis of Russia with developed countries. They appear due to low requirements to the volume and connectivity of attracted high-tech capital. This enables to use the potential of small countries, motivating them to satisfy their ‘resource hunger’. Russia's transition to the said symbiosis is hindered by the policy of smooth devaluation of the national currency, which is used to increase the growth rate of total government expenditure and current GDP, and adversely affects the growth rate of gross national saving. Conclusions. The grounds for emergence of conditions and opportunities for the symbiosis of Russia with developed countries include the high values of financial development and low economic growth in Russia against the declining growth rates of the world economy and weakening of globalization process. The basis of Russia's symbiosis with developed countries is the mutually agreed necessity to internationalize capital in the form of investment financial institutions, which increase its concentration in production for the development of productive forces in conditions of the increasing risk of global recession.


Author(s):  
O. N. Kolomyts

The article deals with the main barriers to innovation development directly or indirectly affecting the activities of agricultural enterprises. The directions of development of innovations in the enterprises of the agricultural sector are proposed, which will lead to the maximum effect in terms of the multiplier effect on the economy as a whole.


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