CURRENT STATE AND PROSPECTS OF INNOVATIVE INDUSTRY DEVELOPMENT OF UKRAINE
Abstract
Alghadhywi Mohammed Younus Hasan. CURRENT STATE AND PROSPECTS OF INNOVATIVE INDUSTRY DEVELOPMENT OF UKRAINE
Purpose. The purpose of the study is to analyse the development trends of Ukrainian industry and identify ways to solve existing problems based on the intensification of innovation processes.
Methodology of research. During the research methods generally accepted in economic science were applied, in particular: statistical and graphic – for definition of Ukrainian industry development tendencies; comparative analysis – to compare the Ukrainian industry and the world; system generalization – in substantiating the directions of industry innovative development intensification.
Findings. The current trends in the development of industrial production in Ukraine, which are characterized by falling production volumes and negative changes in the structure of the industry, are revealed. The reduction of industrial production is revealed, which occurs mainly due to the curtailment of the processing industry enterprises activity. Negative changes in the structure of the industry are revealed, among which the increase in the share of low-tech productions with a significant decrease in medium-tech and moderate –high-tech ones are highlighted. Based on the correlation between industrial production indicators and GDP dynamics, it is proved that industry forms the foundation of the country`s social and economic development. It was found that the Ukrainian economy lags far behind the development of the world`s leading countries in terms of its material, resource, and energy intensity. The article proves that the issue of industrial development based on the intensification of innovation processes in Ukraine needs radical changes in reforming the management mechanisms of innovation processes and relations between science, society, business, and government to intensify investment activities support the technological development of industry, the introduction of environmentally friendly production.
Originality. The analysis of the state of Ukraine`s industry and substantiation of the need for its innovative development was further developed, in the context of which measures were proposed to intensify innovation processes, which, in addition to existing ones, provide for the formation of a managing mechanism for innovative industrial development; coordination of industrial sector development policy with the goals of sustainable and inclusive development; introduction of environmentally friendly industrial production; expansion of cross-border economic and environmental cooperation; development of the strategy of development of the industry of Ukraine taking into account the European experience.
Practical value. The results of the study are the basis for solving practical problems of improving the situation and the transition to innovative industrial development in Ukraine.
Key words: industry of Ukraine, processing industry, structure of industrial production, industry innovative development.
Keywords
Full Text:
References
Kondratenko, N.O. (2016), “Theoretical aspects of management of innovative development of region industry”, Sotsianal ekonomika, no 2, pp. 93-97.
Deineko, L.V. (Ed.) (2018), Rozvytok promyslovosti dlia zabezpechennia zrostannia ta onovlennia ukrainskoi ekonomiky: naukovo-analitychna dopovid [Development of industry to ensure the growth and renewal of the Ukrainian economy: scientific and analytical report], NAS of Ukraine, SI "Inst. of Economics and prognostication NAS of Ukraine", Kyiv, Ukraine, 158 p.
“State Statistics Service of Ukraine. Statistical information. 2019”, available at: www.ukrstat.gov.ua (access date April 25, 2020).
Kravchuk, V. and Anhel, Ye. (2019), “What industrial policy does Ukraine need for the transition to Industry 4.0?”, ZN.UA, Vol. 13, available at: https://dt.ua/macrolevel/yaka-promislova-politika-potribna-ukrayini-dlya-perehodu-do-industriyi-4-0-307765_.html/ (access date April 20, 2019).
Andriushchenko, I.Ye. (2017), “Analysis of social and economic indicators of industrial development of Ukraine”, Naukovyi visnyk Mizhnarodnoho humanitarnoho universytetu. Seriia: Ekonomika i menedzhment, Vol. 23 (1), pp. 86-90.
Chukurna, O.P. (2014), “Directions of development of the machine-building industry in the context of neo-industrialization”, Ekonomichnyi visnyk Natsionalnoho tekhnichnoho universytetu Ukrainy "Kyivskyi politekhnichnyi instytut", no. 11, pp. 177-185.
Kazachkov, I.O. and Stiempen, O.V. (2013), “Ways to ensure innovative development of industrial enterprises”, Ekonomichnyi visnyk Zaporizkoi derzhavnoi ingenernoi akademii, Iss. 5, pp. 90-97.
Ostapiuk, B.Ya., Hrunyk I.S., Lehenkyi M.I. and Lehenkyi, Yu.I. (2018), “Features of industrial development of Ukraine in modern conditions”, Visnyk ekonomiky transportu i promyslovosti, no. 62, pp. 45-52.
Tsymbaliuk, I.O. (2019), “Principles of inclusive regional development in the conditions of financial decentralization”, Innovatsiina ekonomika, no. 5-6, pp. 125-133.
Pavlov, V.I., Pavlikha, N.V. and Skorokhod, I.S. (2007), Efektyvnist vykorystannia vtorynnykh resursiv u rehioni: otsinka ta innovatsiini mekhanizmy [Efficiency of use of secondary resources in the region: evaluation and innovation mechanisms], monograph, NUVHP, Rivne, Ukraine, 155 p.
Pavlikha, N.V. and Kytsiuk, I.V. (2009), “The place and importance of cross-border cooperation in the context of increasing the competitiveness of the region”, Naukovyi visnyk Volynskoho natsionalnoho universytetu imeni Lesi Ukrainky, no. 11, pp. 18-20.
Tsymbaliuk, I O. and Ivashko, O.A. (2016), “Tax stimulation of attracting a foreign investments in economy of Ukraine in the conditions of financial instability”, Ekonomichnyi chasopys Skhidnoievropeiskoho natsionalnoho universytetu imeni Lesi Ukrainky, no. 1 (5), pp. 80-85.
DOI: https://doi.org/10.37332/2309-1533.2020.3-4.5
Refbacks
- There are currently no refbacks.
INNOVATIVE ECONOMY 2006 - 2024