Established in: 2006 Founders of the journal: Ternopil State Agricultural Experimental Station of IACR of NAAS of Ukraine (https://ror.org/00ce5f813) Higher educational institution «Podillia State University» (https://ror.org/04p1tkq77), DOI: 10.37332/2309-1533 State registration details: entered in the State Register of Media Entities (Decision No. 1864 of the Minutes No. 19 of the Meeting of the National Council of Ukraine on Television and Radio Broadcasting dated September 11, 2025) Media ID – R30-06458 The academic journal “Innovative Economy” was founded in 2006 (Registration Certificate, Series КВ № 11715-586Р from 08.08.2006). The journal is included in the Register of Scientific Professional Editions of Ukraine (Category “B”) In accordance with Order No. 409 of the Ministry of Education and Science of Ukraine dated March 17, 2020 – Economic Sciences; majors: 051 – Economics; 071 – Accounting and Taxation; 072 – Finance, Banking, and Insurance; 073 – Management; 075 – Marketing; 076 – Entrepreneurship and Trade; 292 – International Economic Relations. Language of the manuscript: Ukrainian, English Frequency of publication: quarterly ISSN 2309-1533 (Print) (https://portal.issn.org/search?search=2309-1533) ISSN 2310-4864 (Online) (https://portal.issn.org/search?search=2310-4864) The journal “Innovative Economy” is indexed in international catalogs and scientometric databases: Google Scholar INDEX COPERNICUS (ICV 2024: 72.75) (Польща) ERIH PLUS Eurasian Scientific Journal Index (ESJI) ResearchBib Polska Bibliografia Naukowa CROSSREF Directory of Research Journals Indexing (DRJI) Open-Access Journals CLUSTER – Economic Transformations, Business and Administration: C1 Economics and International Economic Relations C2 International Relations D1 Accounting and Taxation D2 Finance, Banking, Insurance and Stock Market D3 Management D4 Public Management and Administration D5 Marketing D7 Trade J3 Tourism and Recreation Field and topics: The journal focuses on addressing current theoretical, methodological, and applied issues in economic development and international economic relations in the context of global transformations, European integration, and the post-war recovery of the national economy. The focus is on researching the patterns of functioning and transformation of socio-economic systems at the micro, meso, and macro levels, building the competitiveness of the economy and economic entities, and ensuring economic security and sustainable development. The journal covers the following key areas of scientific research: ü the development of international relations and economic ties, global markets, and integration processes; ü the economy and innovative development of the national economy, structural modernization of the economy; ü economic security of the state, regions, and enterprises, risk management in conditions of instability; ü environmental economics, greening of production, and ensuring sustainable development; ü demographics, employment, the labor market, and socio-economic policy; ü accounting, auditing, and taxation in the context of digitalization and harmonization with international standards; ü finance, banking, insurance, and the stock market; management of financial flows and risks; ü management, strategic management, business analytics, and enterprise development management; ü business economics and competitiveness; building and leveraging competitive advantages; ü marketing, consumer behavior, digital communications, and market strategies; ü trade, commercial activities, logistics, and commodity market development; ü tourism and recreation, tourism infrastructure management, and industry recovery. Particular attention is paid to interdisciplinary research aimed at developing innovative approaches to managing socioeconomic processes, improving resource efficiency, ensuring the sustainability of economic systems, and building competitive advantages in both the national and global contexts. Scope: innovation and investment development; competitiveness of enterprises, organizations, and regions within the national economy; the latest scientific achievements and best practices. The scientific journal “Innovative Economy” is intended for specialists interested in theoretical and applied issues in economics, management, finance, taxation, accounting, analysis, and economic security, and provides the scientific community with access to the research findings of economists. Open Access Policy: The journal adheres to an open access policy for its published content, upholding the principles of the free dissemination of scientific information and the global exchange of knowledge for the sake of overall social progress. The journal uses Open Journal Systems 3.5.0.1 – an open-source software package that supports the journal’s management and publication processes and is developed, maintained, and freely distributed by the Public Knowledge Project under the terms of the GNU General Public License. Articles in the journal are published under a license CC BY-NC 4.0
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IMPROVEMENT OF FINANCIAL REPORTING ON ACCOUNTING FOR NON-CURRENT ASSETS
Zadorozhnyi M.Z. IMPROVEMENT OF FINANCIAL REPORTING ON ACCOUNTING FOR NON-CURRENT ASSETS Purpose. The aim of the article is to improve alternative forms of financial reporting in terms of presenting information on non-current assets in order to optimize the information support for different groups of stakeholders. Methodology of research. The study employs system analysis, logical generalization, comparative analysis, and a structural-functional approach, which made it possible to comprehensively reveal the prospects for improving alternative forms of financial reporting related to the accounting of non-current assets. Findings. The presentation of non-current assets in the financial reporting system of construction enterprises has been improved. The titles and codification of the relevant reporting items, as well as the structure and content of the sections of the Balance Sheet (Statement of Financial Position), the Statement of Financial Results (Statement of Comprehensive Income), the Cash Flow Statement (direct method), the Notes to the Annual Financial Statements have been clarified. The proposed changes are aimed at ensuring compliance with national and international regulations, achieving information synchronization with other elements of the accounting method, and establishing interrelations between different forms of financial reporting. Originality. For the first time, the use of the Notes to the Annual Financial Statements as an information base for the formation of internal (managerial) reporting in electronic form has been proposed. This is achieved through the refinement of the structure of the first, second, and third sections of the Notes, with the possibility of significant analytical detailing, as well as structural and dynamic interpretation of indicators. Such an approach enhances the informational value of reporting data on non-current assets for various groups of stakeholders. Practical value. The practical significance of the obtained results lies in the possibility of their application for improving the formation and presentation of information on non-current assets in the financial reporting of construction enterprises. The proposed approaches to clarifying the titles, codification, and content of reporting items can be applied in the preparation of the Balance Sheet (Statement of Financial Position), the Statement of Financial Results (Statement of Comprehensive Income), the Cash Flow Statement, the Notes to the Annual Financial Statements, and the Management Report. The research findings contribute to enhancing the informativeness and consistency of financial reporting, ensuring its compliance with national and international requirements, and strengthening the interrelation between individual reporting forms. The practical implementation of the proposed provisions will improve the quality of accounting and analytical information on non-current assets, which in turn will facilitate more well-grounded managerial decision-making and increase the transparency of construction enterprises for external users. Key words: financial reporting, accounting, non-current assets, reporting forms, Notes to the Annual Financial Statements, construction enterprises.
Notes to the Annual Financial Statements
THE SUBJECT AREA OF ACCOUNTING IN ITS INSTITUTIONAL THEORY
Zhuk V.М. THE SUBJECT AREA OF ACCOUNTING IN ITS INSTITUTIONAL THEORY Purpose. The aim of the article is to review the subject area of accounting when considering it in the status of a socio-economic institution and to substantiate the directions of its institutional enrichment in the context of modern challenges in the development of science, the profession, and the transformation of the economy. Methodology of research. The methodological foundation of this study is the dialectical method of cognition, which enables an examination of the subject area of accounting in terms of its development, interrelationships, and contradictions within the context of institutional theory. General scientific and special methods were used in the research process, including induction and deduction – to generalize theoretical propositions and establish the logic of the research; the systemic approach – for a comprehensive analysis of accounting as a socio-economic institution; the modeling method – for constructing conceptual representations of the transformation of its subject area; analysis and synthesis – for identifying structural elements and generalizing scientific approaches; the monographic method – for an in-depth study of scientific works on the subject under investigation; the abstract and logical method – for theoretical generalization, formulation of conclusions, and identification of directions for further research. The information base consisted of scientific works by leading domestic and foreign scholars, professional experience, and the author’s observations. Findings. It is proven that the narrow interpretation of the subject of accounting as a reflection of the facts of economic life no longer corresponds to the modern level of development of accounting science and practice and weakens the academic status of accounting in the system of economic sciences. It is substantiated that attempts to expand the subject only by adding new objects of reflection do not eliminate the theoretical crisis, but, on the contrary, dilute its scientific essence. The author proposes a deductive model of institutional enrichment of the subject of accounting, which proceeds from a qualitative change in its functional demand: from the service function of management to the fulfillment of a broader socio-economic mission. It was determined that accounting, as an institution, is designed to ensure trust, understanding, and manageability of socio-economic spaces through the professional interpretation of the facts and phenomena of the lives of business entities. Originality. A new approach to defining the subject of accounting based on institutional theory is substantiated. The article proposes interpreting the subject of accounting not as a technique for reflecting economic transactions, but as a study of the nature of accounting and the information that supports trust, understanding, and the manageability of socio-economic spaces. The idea of deductive modeling of the subject area of accounting has been further developed. Practical value. The proposed provisions can be used to update the modern accounting paradigm, strengthen its academic status, develop professional education, and form conceptual accounting models capable of integrating financial, non-financial, social, and environmental aspects of enterprise activities. Key words: accounting, subject of accounting, institutional theory of accounting, socio-economic institute, professional judgment, accounting functions, accounting paradigm, accounting and information support.
INTERNATIONAL PRACTICES IN INVESTMENT MANAGEMENT FOR INTEGRATED REAL ESTATE DEVELOPMENT PROJECTS WITHIN URBAN SOCIAL AND ECONOMIC DEVELOPMENT STRATEGIES
Novikov A.V. INTERNATIONAL PRACTICES IN INVESTMENT MANAGEMENT FOR INTEGRATED REAL ESTATE DEVELOPMENT PROJECTS WITHIN URBAN SOCIAL AND ECONOMIC DEVELOPMENT STRATEGIES Purpose. The aim of this article is to systematize international investment management practices for the implementation of comprehensive development projects within the framework of urban social and economic development strategies and to identify tools that can be adapted to the conditions of Ukraine’s post-war recovery. Methodology of research. The methodological framework is based on an interdisciplinary approach that combines tools from economic analysis, urban studies, and investment management. A comparative method was used to analyse case studies from Israel, Kuwait, Croatia, and Bosnia and Herzegovina with the aim of identifying effective models for managing investments in development projects. Methods of analysis and synthesis were applied when reviewing analytical reports from international organizations, documents from government institutions, and scientific publications. The generalization method was used to systematize international experience and formulate approaches for its adaptation in Ukraine. The structural-functional approach allowed for the investigation of the interrelationship between spatial planning, financial instruments, and the institutional environment, while the abstract and logical method enabled the formulation of theoretical generalizations and conclusions. Findings. It has been demonstrated that some of the most effective mechanisms for implementing comprehensive development projects include the integration of spatial planning with financial instruments, the use of state and quasi-state institutions as catalysts for long-term capital, the development of public and private partnerships, the improvement of land and property registries, the provision of political guarantees for investors, as well as the digitization of the project cycle based on BIM. It is noted that the reconstruction of housing and engineering infrastructure is a necessary but insufficient condition for sustainable development if it is not accompanied by improvements in the local business climate, transparency of regulatory procedures, and support for entrepreneurship. Originality. The paper demonstrates the feasibility of transitioning in Ukraine from piecemeal funding of development initiatives to the systematic implementation of integrated territorial projects that ensure coordinated planning of housing construction, infrastructure development, land policy, and the attraction of private capital within a unified urban investment model. Practical value. The practical value of the article lies in its applicability to post-war recovery policy and urban investment planning in Ukraine. The proposed approach can be used by national and local authorities, regional development agencies, and private investors to design integrated territorial development projects in which housing, transport, social infrastructure, and land-use decisions are aligned within a single investment framework. It also provides a basis for improving project prioritization, coordinating public and private funding, and reducing the inefficiencies associated with fragmented reconstruction measures. Key words: investment management, development projects, post-war reconstruction, urban development, real estate, public and private partnership, spatial planning.
SYNERGY OF DIGITAL TECHNOLOGIES AND FINTECH SOLUTIONS IN MODERNISING THE MANAGEMENT OF AGRICULTURAL ENTERPRISES
Kostetskyi V.V., Butov A.M. SYNERGY OF DIGITAL TECHNOLOGIES AND FINTECH SOLUTIONS IN MODERNISING THE MANAGEMENT OF AGRICULTURAL ENTERPRISES Purpose. The aim is to provide a scientific substantiation of the role and potential of integrating digital technologies and FinTech solutions (Agri-FinTech) in the management system of agricultural enterprises, determining their impact on the efficient use of land resources, financial stability and competitiveness of economic entities, as well as developing practical approaches to integrating such tools into the activities of the agricultural sector. Methodology of research. The methodological foundation of this study is a combination of general scientific and specialized methods, which enabled a comprehensive analysis of the processes of digitizing land resource management in the context of Agri-FinTech development. In particular, a systematic approach was used to substantiate the interconnection between digital technologies, financial instruments, and land resource management as a single integrated ecosystem. Analysis and synthesis were applied in the study of modern digital tools and the determination of their role in improving the efficiency of land use. The comparative method was used to contrast traditional and digital approaches to land asset management and financing of the agricultural sector. Methods of generalization and systematization made it possible to formulate the concept of Agri-FinTech as an integrated direction for the development of the agricultural economy. The economic and analytical method was applied to assess the impact of digital and FinTech solutions on the efficiency of land resource management and the reduction of transaction costs. The logical method was used to substantiate the cause-and-effect relationships between digitalization, financing, and the enhancement of agricultural enterprises’ sustainability. Findings. It has been determined that the synergy of digital technologies (GIS, remote sensing, Big Data, artificial intelligence, cloud platforms, digital cadastres) and FinTech solutions (digital lending, smart contracts, blockchain, asset tokenisation, index agricultural insurance) forms a fundamentally new model of agricultural enterprise management. This combination makes it possible to automate land transactions, ensure transaction transparency, improve land valuation accuracy, expand access to financing, optimise production processes, and increase the sustainability of agribusiness. The article identifies key barriers and directions for the development of Agri-FinTech in the context of military challenges and economic uncertainty. Originality. It is substantiated that the integration of digital agricultural technologies and financial instruments within the Agri-FinTech framework creates a new paradigm for land resource management which, unlike traditional approaches, is based on the use of real-time data, transaction automation, and asset tokenization, which makes it possible to increase the transparency of land relations, reduce risks, and expand access to financing for agricultural enterprises. Scientific and methodological approaches to managing the land bank of agricultural enterprises have been improved through the integration of GIS technologies, satellite monitoring, Big Data, and artificial intelligence with FinTech solutions, ensuring greater accuracy in the valuation of land assets and the effectiveness of management decisions. The theoretical rationale for the use of blockchain technologies and smart contracts in land relations has been further developed, particularly regarding the automation of lease transactions, ensuring the immutability of cadastral data, and the formation of transparent supply chains for agricultural products. Practical value. The proposed Agri-FinTech tools can be used by agricultural enterprises, financial institutions, investors to increase the efficiency of land bank management of enterprises, optimize financial transactions, reduce risks, improve leasing processes, assess and monitor land assets; as well as by public administration bodies when developing policies for the digital transformation of the agricultural sector. Key words: Agri-FinTech, digital technologies, blockchain, smart contracts, tokenisation, GIS, Big Data, land resource management, agricultural enterprises, digital transformation.
FINANCIAL PROVISION OF TERRITORIAL COMMUNITIES OF WESTERN UKRAINE UNDER THE CHALLENGES OF WAR
Shulyk Yu.V., Hontar M.V. FINANCIAL PROVISION OF TERRITORIAL COMMUNITIES OF WESTERN UKRAINE UNDER THE CHALLENGES OF WAR Purpose. The aim of the study is to analyse the financial resources of territorial communities of the Western regions under the influence of wartime factors and capital relocation, their dependence on state financing, and to assess the investment attractiveness of the regions of Western Ukraine. Methodology of research. Scientific works of scientists, regulatory and legislative acts of Ukraine on budget legislation for the study of financial resources of communities are the theoretical and methodological basis of the study. The following methods were used in the research process: abstract and logical (to determine the essence and significance of community financial resources), monographic (to study the peculiarities of financing Ukrainian communities during the wartime period), analysis and synthesis (to analyse the financial provision of communities, identify financing features and the need for changes). Findings. The financial resources of territorial communities of the Western regions of Ukraine under the influence of wartime factors and capital relocation were analysed. Revenues, including tax revenues and official transfers, and expenditures per community by western regions in 2021–2025 were examined. The results of the assessment of the financial capacity of territorial communities by Western regions were analysed. Based on the conducted analysis of communities in eight Western regions of Ukraine (Lviv, Ternopil, Ivano-Frankivsk, Khmelnytskyi, Volyn, Rivne, Chernivtsi and Zakarpattia regions), the changes in their financial provision under wartime conditions were determined. Originality. For the first time, it has been substantiated that under conditions of a full-scale invasion, martial law acts not only as a destructive factor but also as a specific catalyst for the spatial and financial transformation of communities in western Ukraine. This has made it possible to identify a shift in the paradigm of local budget formation, where the priority moves from external subsidies to the mobilization of internal tax sources generated by relocated businesses and new logistics chains. Further development has been given to the conceptualization of the activation of internal financial potential and the investment attractiveness of communities as determinants of the strategic resilience of territories. Unlike existing approaches, this makes it possible to distinguish between industrial and logistics centres and financially vulnerable, subsidy-dependent territories. This will facilitate the consideration and implementation of best practices in local resource management and contribute to balancing territorial development. Practical value. The obtained research results provide a basis for addressing practical issues for local self-government bodies regarding the improvement of strategic priorities of community development, strengthening their financial provision and investment attractiveness. Key words: financial resources, communities, local budgets, tax revenues, official transfers, investments.
SYSTEM FOR PLANNING AND MANAGEMENT OF MATERIAL AND TECHNICAL SUPPLY CONTRACTS AT AN ENTERPRISE
Brych V.Ya., Shapovalov R.А. SYSTEM FOR PLANNING AND MANAGEMENT OF MATERIAL AND TECHNICAL SUPPLY CONTRACTS AT AN ENTERPRISE Purpose. The aim of this article is to analyse and substantiate a system for planning material and technical supply and managing contracts at an enterprise in order to improve supply efficiency and ensure the continuity of production processes. Methodology of research. General scientific and special methods were used in the process of research: analysis and synthesis – to generalize approaches to managing contractual activities and material and technical supply; systemic approach – to consider the enterprise as an integrated system that combines planning, accounting, control and shipment of products; structural and functional analysis – to determine the relationships between units and processes; graphical method – to visualize the schemes for organizing contractual activities management; comparative analysis – to generalize the practical experience of enterprises. Findings. The study showed that the system of planning and management of material and technical supply contracts ensures the integration of key processes of the enterprise: contract management, execution of work orders, control of cash receipts, planning and shipment of products, as well as accounting for sales. Functional units - sales department, marketing and foreign economic relations department, accounting of the settlement and financial department, department of operational accounting and analysis of receivables and payables, Centre for automated production systems - perform clearly distributed tasks, which ensures the efficiency and accuracy of fulfilment of contractual obligations. The influence of process organization on the timeliness of product delivery, optimization of the use of material resources and increasing the efficiency of management decisions was studied. Originality. It has been established that effective management of material and technical supply contracts is ensured by the integration of the enterprise’s functional units and the regulated interaction of processes, which facilitates the coordination of planning, accounting, control, and shipment of resources. The theoretical and methodological framework for managing contractual processes has been further developed by identifying and substantiating a set of organizational and economic mechanisms, including: a mechanism for coordinating contractual terms with production needs, a mechanism for monitoring the fulfilment of contractual obligations, a mechanism for providing information to support managerial decision-making, and a mechanism for evaluating the effectiveness of contractual activities. Practical value. The research results can be used by enterprises to improve the contractual management system, increase the efficiency of material and technical supply, optimize information flows between departments, and ensure timely execution of contracts and reliable control of resource receipts and expenditures. They also contribute to the automation of accounting and increase the management culture at the enterprise. Key words: resource planning, contract management, material and technical supply, efficiency of material resources use, coordination of departments, control of contract execution, accounting and shipment of products, optimization of operational processes.
DIGITAL TRANSFORMATION OF CUSTOMS ADMINISTRATION AS A DRIVER OF MODERNIZATION OF THE STATE CUSTOMS SECTOR
Sydorovych O.Yu., Smaliuk A.M. Digital Transformation of Customs Administration as a Driver of Modernization of the State Customs Sector Purpose. The aim of this article is to provide a comprehensive examination of the current state of digital transformation of customs administration in Ukraine, identification of key challenges, constraints and priority directions for the digital transformation of the state’s customs system in the context of contemporary security challenges. Methodology of research. A combination of general scientific and specialised methods of scientific inquiry were used in the research process, in particular, the methods of induction and deduction were applied at the stage of collecting, systematizing, and generalizing information in order to identify trends in the development of the digital transformation of customs administration. The methods of analysis and synthesis were used to assess the current state of implementation of information products in the activities of the customs authorities of Ukraine, as well as to formulate generalized conclusions regarding the effectiveness of digital transformations. Findings. The theoretical and methodological foundations of the digital transformation of customs administration have been examined, and current trends in the implementation of information and communication systems within the activities of the customs authorities of Ukraine have been analysed, in particular the development of electronic declaration, transit control systems (NCTS), customs risk management, electronic guarantees, and integrated digital platforms for interaction with foreign economic activity operators. It has been established that the digitalization of customs administration significantly increases the efficiency of customs control, ensures the acceleration and simplification of customs procedures, reduces the administrative burden on business, and enhances the transparency of customs operations. It has been determined that the further development of the digital transformation of the customs sector is associated with deeper integration of national IT systems into the European digital customs space, harmonization with the requirements of the EU Customs Data Model and MASP-C, as well as the improvement of the architecture of interaction between customs information systems. Promising directions include the development of intelligent analytical tools, the expansion of automated control systems, and the strengthening of cybersecurity within the customs IT infrastructure. Originality. For the first time, it has been substantiated that the digital transformation of customs administration is a holistic, multidimensional process of institutional, organizational, and technological modernization of the customs sphere, which, unlike existing approaches, is based on the integrated implementation of the principles of systemacity, interoperability, risk-oriented management, cybersecurity, and harmonization with international standards, thereby enabling the formation of an adaptive model of customs administration compatible with the European digital environment. The scientific substantiation of the role of digital transformation of the customs sector as a key driver of modernization of the state's customs system has been improved, which, unlike traditional approaches, takes into account the complex impact of European integration processes, security challenges, and the need for synchronization with European digital customs standards. The identification of key areas for the implementation of digital technologies in the customs sector has been further developed, in particular the development of electronic declaration and transit control systems (NCTS), the use of risk-based analytical tools, the digitalization of customs clearance procedures, and the integration of the national customs IT architecture into the EU Customs Data Model and MASP-C standards, which allows for increased efficiency of customs control and transparency of customs procedures. The position that deepening the digital transformation of customs administration creates the prerequisites for creating a modern, effective and institutionally capable customs system of Ukraine, compatible with the EU digital infrastructure, was further developed. Practical value. The conclusions and proposals substantiated within the study can be used in the formation of strategic directions for the development of digital tools in the customs sector of Ukraine, contributing to increased efficiency of the customs system, reduction of the shadow economy, and strengthening of the fiscal stability of the state under conditions of digital transformation and global economic challenges. Key words: customs administration, digital technologies, digital transformation, digitalization, customs control, customs sector, customs modernization, NCTS, AEO.
ENVIRONMENTAL AND ECONOMIC ASPECTS OF THE USE OF BACTERICIDAL AND FUNGICIDAL FERTILIZERS IN THE TECHNOLOGY OF GROWING SPRING WHEAT
Yashchuk T.S., Samets N.P., Dovhan O.M. ENVIRONMENTAL AND ECONOMIC ASPECTS OF THE USE OF BACTERICIDAL AND FUNGICIDAL FERTILIZERS IN THE TECHNOLOGY OF GROWING SPRING WHEAT Purpose. The aim of the article is to evaluate the effectiveness of the use of bactericidal and fungicidal fertilizers in shaping the productivity of the spring wheat agrocenosis under the agro climatic influences of the Western Forest-Steppe zone. Methodology of research. The theoretical and methodological basis of the research was specialized and generally accepted methods and techniques used in agronomy. To achieve the set goal, general scientific and special methods were used, such as: induction and deduction – for searching, systematizing and processing the studied information; logical – for generalizing the processed data set; field – for observing the growth and development of plants during the growing season, the formation of yield; laboratory – for determining the qualitative indicators of grain; mathematical and statistical – conducting variance analysis; computational and comparative – for determining yield, economic assessment of the studied elements of technology; tabular and graphical – for a visual presentation of systematized information; abstract and logical and generalization – for forming conclusions and proposals from the conducted research. Findings. The ecological and economic rationality and effectiveness of the use of bactericidal-fungicidal fertilizers to increase the yield of spring wheat and the quality of grain and its resistance to harmful organisms have been substantiated. It has been established that a high level of spring wheat productivity was achieved due to the action of the bactericidal and fungicidal fertilizers Silver Phos and VERNO FG in variants with the treatment of crops during the vegetation period twice in the tillering phase and in the tube phase (+0.44 t/ha and +0.49 t/ha in the best variants). Conditionally, the net profit in these variants was 31539; 31718 UAH/ha, the level of profitability – 153.8; 156.2%. A slight incidence of crops affected by pathogens of pyrenophorosis, septoria and powdery mildew was established, other crop lesions were not noted. The ecological and economic feasibility of integrating bactericidal and fungicidal fertilizers (BFD) into the technology of growing spring wheat as a tool for managing productivity and stress resistance of plants is argued. It is determined that the use of BFD is an important factor in realizing the genetic potential of modern wheat varieties in conditions of unstable moisture, ensuring the transition of grain to a higher quality class by increasing the content of gluten and protein in grain. Originality. The position on the synergistic action of microbial agents and mineral components has been further developed, which allows not only to suppress the development of phytopathogens, but also to increase crop yield: the use of bactericidal and fungicidal fertilizers in the spring wheat nutrition system provided a total yield increase effect of 6.4-7.1%. Practical value. The results of scientific research can be used to implement effective technological elements for managing the productivity of grain crops in the conditions of the Western Forest-Steppe using bactericidal and fungicidal fertilizers, which will contribute to the growth of high-quality grain production and economic feasibility, which is ensured by the return on investment. Key words: cereal crops, spring wheat, yield, bactericidal and fungicidal fertilizers, competitiveness, profitability.
HISTORICAL ASPECTS OF THE SPREAD OF WHEAT IN EUROPE AND UKRAINE AND THE ROLE OF SCIENTIFIC AND RESEARCH INSTITUTIONS IN ITS INTRODUCTION INTO AGRICULTURAL PRODUCTION
Kovalyshyn N.M. HISTORICAL ASPECTS OF THE SPREAD OF WHEAT IN EUROPE AND UKRAINE AND THE ROLE OF SCIENTIFIC AND RESEARCH INSTITUTIONS IN ITS INTRODUCTION INTO AGRICULTURAL PRODUCTION Purpose. The aim of the article is to study the peculiarities of the spread of wheat in the practice of agricultural management in Europe and Ukraine. To assess the role of scientific and research institutions and, in particular, the Ternopil State Agricultural Research Station of the IAP of the Carpathian region of the NAAS in this process. Methodology of research. The theoretical and methodological basis of the study is a systematic approach to considering phenomena and processes in a historical aspect, using the results of research by Ukrainian and foreign authors devoted to the issues of the spread and introduction of wheat as a crop into agricultural production in Ukraine and Europe. To achieve the goal and obtain the results of the study, a number of general scientific, historical and special research methods were used: monographic – for studying literary sources on the topic under study; induction and deduction – for searching, systematizing and processing the necessary information; logical – for generalizing the entire process in the theoretical form of regularities; historical methods (chronological, synchronous, periodization, retrospective, structural and systematic) – for studying phenomena in space and time; tabular and graphical – for a visual presentation of systematized information; abstract and logical and generalization – for forming conclusions and proposals from the conducted research. Findings. The main historical periods of the spread and introduction of wheat into agricultural production in Ukraine and Europe are identified. The role of the main breeding centres and research institutions in the development of winter wheat varieties and their distribution, in improving crop cultivation technologies in changing climate conditions is determined. The current state of winter wheat varietal resources in Ukraine is assessed, the share of foreign selection varieties in national agricultural production is determined. A comparative analysis of the qualitative characteristics and varietal features of various varieties of domestic and foreign selections is carried out, the advantages of traditional and modern varieties in terms of yield, ecological plasticity, adaptability, and resistance to stressful environmental conditions are substantiated. The dynamics of winter wheat and spring wheat yields in the agricultural sector of Ukraine in recent years are analysed, and attention is focused on the features of the use of individual technological techniques in wheat cultivation to achieve maximum realization of the potential productivity of varieties in conditions of economic and agro climatic challenges. Originality. Research of the evolution of the introduction of wheat into agricultural production and the role of breeding scientific and research institutions in this process has been further developed. Practical value. The use of the research results will contribute to the further involvement of domestic and foreign varieties of winter wheat in the breeding process of creating new highly productive, environmentally plastic, resistant to stressful environmental conditions varieties in the conditions of climate change, their distribution and use in agricultural production in Ukraine and Europe. Key words: winter wheat, spring wheat, variety, breeding, agricultural technologies, adaptability, biotic and abiotic factors.
STRATEGIC SCENARIOS FOR THE CLUSTER ORGANIZATION OF THE REGIONAL MUNICIPAL SOLID WASTE MANAGEMENT SYSTEM (A CASE STUDY OF TERNOPIL REGION)
Kryvokulska N.M., Hunko S.I. STRATEGIC SCENARIOS FOR THE CLUSTER ORGANIZATION OF THE REGIONAL MUNICIPAL SOLID WASTE MANAGEMENT SYSTEM (A CASE STUDY OF TERNOPIL REGION) Purpose. The aim of the article is to develop strategic scenarios for the cluster organization of the regional municipal solid waste management system, taking into account the spatial and logistical, institutional, and social and service parameters of the territory (a case study of Ternopil Oblast) and to substantiate the selection of the optimal scenario. Methodology of research. The methodological basis of the study is the combination of systemic, scenario-based, and target-oriented approaches to the organization of the regional municipal solid waste management system. The article applies the methods of structural and functional analysis – to substantiate the hierarchy of waste management priorities and determine the instruments and performance indicators for their implementation; comparative analysis – to compare alternative strategic scenarios of cluster organization; spatial and logistical analysis – to assess the territorial configuration of clusters and minimize transportation distances; analytical generalization – to formulate conclusions regarding the selection of the optimal scenario for the cluster organization of the regional municipal solid waste management system of Ternopil Oblast. The information base of the study includes regulatory legal acts of Ukraine, Methodological Recommendations for the Development of Regional Waste Management Plans, and statistical and analytical materials of the Department of Ecology and Natural Resources of the Ternopil Regional Military Administration. Findings. From the perspective of the target-oriented approach, the expediency of forming a cluster model of the regional municipal solid waste management system as an instrument for achieving the indicators of the five-stage waste management hierarchy has been substantiated. Three alternative strategic scenarios for clustering the territory of Ternopil Oblast have been developed and analysed, differing in spatial and logistical configuration, institutional logic of formation, and the level of territorial balance. The comparative assessment made it possible to identify spatial and logistical disproportions in the examined options based exclusively on the administrative division, to determine the risks of infrastructural overload and concentration of waste flows, and to substantiate the selection of the most balanced scenario of dividing the oblast into four clusters based on optimal logistics. It has been proven that the proposed scenario of cluster organization of the regional municipal solid waste management system creates prerequisites for enhancing institutional manageability, reducing transportation costs, and gradually transitioning to the principles of the circular economy. Originality. The approach to the strategic substantiation of the territorial organization of the regional municipal solid waste management system based on the combination of target-oriented and scenario-based approaches has been improved. Unlike existing approaches, which mainly focus on the administrative and territorial principle of division or individual logistical parameters of system functioning, the proposed approach integrates the target guidelines of the waste management hierarchy with alternative spatial configurations of clusters, ensuring a comprehensive assessment of their long-term environmental, social and economic consequences. Practical value. The proposed strategic scenario of dividing Ternopil Oblast into four clusters based on optimal logistics can be used in the development of the Regional Waste Management Plan, the formation of investment programs, the preparation of inter-municipal cooperation projects, and the implementation of measures aimed at achieving the target indicators of the waste management hierarchy. Key words: sustainable development; circular economy; regional waste management system; municipal solid waste; strategic scenarios; territorial clustering; spatial and logistical optimization; regional planning.
MODERNIZATION OF LOCAL ECONOMIC MANAGEMENT IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT: THE ROLE OF LOCAL SELF-GOVERNMENT BODIES
Bohach Yu.A., Smoliarov A.S. MODERNIZATION OF LOCAL ECONOMIC MANAGEMENT IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT: THE ROLE OF LOCAL SELF-GOVERNMENT BODIES Purpose. The aim of this article is to substantiate the role of local self-government bodies in the process of modernizing the local economy in the context of sustainable development and to identify the key areas and mechanisms through which they influence the development of local communities. Methodology of research. The study was conducted using systemic, institutional, structural and functional approaches, which made it possible to view the local economy as a complex multilevel system and to substantiate the role of local self-government bodies in the processes of its modernization in the context of sustainable development. The study employed general scientific and specialized methods, including analysis and synthesis, the comparative method, as well as content analysis of regulatory, legal and strategic documents. A synthesis of the practices of territorial communities in the Ternopil region and an analysis of sociological research results ensured the comprehensiveness, applied orientation and reliability of the findings. Findings. It is substantiated that the modernization of local economic management in the context of sustainable development is a systemic process that goes beyond purely economic growth and encompasses institutional, infrastructural, environmental and managerial transformations at the local level. It has been demonstrated that the effective combination of strategic and spatial planning, program-targeted and project management, economic and environmental incentives, public and private partnerships, grant mechanisms and public monitoring creates the conditions for a transition from fragmented management decisions to a systemic model of sustainable development for territorial communities. The practice of territorial communities in the Ternopil region confirms the feasibility of applying such tools in the process of modernizing the local economy. Originality. A clear distinction has been established between the concepts of “modernization of the local economy” and “local economic development,” which, unlike existing approaches, helps to avoid methodological confusion and enhances the analytical clarity of research in the field of territorial development. The systematization of the main directions of local economic modernization in accordance with sustainable development goals has been improved, allowing for a comprehensive alignment of the strategic development priorities of territorial communities with global sustainable development priorities. The rationale for the role of local self-government bodies as key actors in modernization processes has been further developed, contributing to the increased effectiveness of management decisions at the local level. An original analytical table has been developed that integrates modernization directions, corresponding SDGs, key challenges of territorial communities, and relevant management tools of local self-government bodies, ensuring the practical orientation and applied nature of the research. Practical value. The results of this conducted study can be used by local governments to identify and implement priority areas for modernizing the local economy, as well as to improve governance mechanisms in the context of sustainable development of local communities. In particular, local governments can apply the findings to enhance their institutional capacity, substantiate the strategic decisions, and formulate effective local development policies focused on long-term socioeconomic and environmental sustainability. Key words: Local economy; modernization of the local economy; sustainable development; local self-government bodies; institutional capacity; local economic development; sustainable development goals; circular economy; public and private partnership.
MODERNIZATION OF INVESTMENT MANAGEMENT MECHANISMS OF ORGANIZATIONS WITHIN THE SYSTEM OF ENSURING SUSTAINABLE DEVELOPMENT UNDER CONTEMPORARY TRANSFORMATIONS
Vons I.V. MODERNIZATION OF INVESTMENT MANAGEMENT MECHANISMS OF ORGANIZATIONS WITHIN THE SYSTEM OF ENSURING SUSTAINABLE DEVELOPMENT UNDER CONTEMPORARY TRANSFORMATIONS Purpose. The aim of the article is to substantiate the directions for modernizing the mechanisms of investment activity management of organizations within the system of sustainable development, taking into account the impact of contemporary transformational processes and challenges. Methodology of research. The theoretical and methodological basis of the study includes the provisions of neoclassical investment theory, strategic management theory, institutional economics, and financial management. At the same time, under modern conditions, these approaches require supplementation by the concept of sustainable development, which implies an orientation of investments not only toward the maximization of financial results but also toward achieving long-term social and environmental effects. The methodological framework of the study of investment activity management in the context of sustainable development is also formed by the following scientific approaches: the systems approach, which makes it possible to consider investment management mechanisms as an interconnected set of instruments, procedures, and actors within a unified sustainable development system; the institutional approach, which emphasizes the role of formal and informal institutions, the regulatory environment, and organizational rules in shaping investment behaviour; the strategic approach, which provides for the alignment of investment decisions with the long-term development goals of organizations and the goals of sustainable development; the process approach, within which investment activity management is viewed as a sequence of stages, from identifying investment needs to evaluating outcomes and adjusting managerial decisions; the risk-oriented approach, which ensures consideration of uncertainty as well as investment, financial, institutional, and security risks in making and implementing investment decisions under conditions of contemporary transformations. The integrated application of these approaches made it possible to form a holistic vision of the mechanisms of investment activity management of organizations and to substantiate directions for their modernization within the system of sustainable development. Findings. From the perspective of the goal-oriented approach, the expediency of considering the modernization of investment activity management mechanisms of organizations as a purposeful, multi-level managerial process aimed at achieving the strategic goals of sustainable development is substantiated. It is established that these goals are formed at the intersection of economic, social, and environmental priorities and should be integrated into the system of strategic and investment management of organizations. It is proven that aligning investment decisions with sustainable development goals contributes to increasing the efficiency of investment resource utilization, reducing managerial risks, and strengthening the long-term resilience of organizational development under conditions of contemporary transformations. It is argued that the application of the goal-oriented approach creates methodological prerequisites for the transition from fragmented investment activity management to a systemic, adaptive, and results-oriented model, which involves the integration of institutional, organizational, information-analytical, and value-based components of management. This, in turn, allows investment activity to be considered not only as a tool for achieving financial outcomes but also as an important lever for implementing sustainable development strategies of organizations. Originality. The scientific novelty of the research results consists in the following: the scientific and methodological approach to analysing the modernization of investment activity management mechanisms of organizations within the system of sustainable development has been improved by interpreting it as a multi-level managerial process that combines institutional, organizational, information-analytical, and value-based components. Unlike existing approaches, the proposed approach ensures the systemic integration of investment activity into the mechanisms for achieving the strategic goals of sustainable development and allows investment decisions to be considered not in isolation, but in connection with the long-term social and environmental priorities of organizational development. Practical value. The practical significance of the research results lies in the possibility of applying the proposals formulated in the article regarding the modernization of investment activity management mechanisms of organizations within the system of sustainable development in the managerial practice of public sector organizations and the business sector of the economy. The proposed approaches may be used in the development and adjustment of development strategies of various types of organizations, the formation of investment programs and project portfolios, as well as in the process of making managerial decisions on the allocation of investment resources, taking into account economic, social, and environmental priorities. Key words: sustainable development, strategic approach, public sector organizations, business sector, national economy, investment activity management mechanisms of organizations, transformational processes, investment decisions.
investment activity management mechanisms of organizations
INCREASING THE INNOVATIVE ACTIVITY OF ENTERPRISES BASED ON COOPERATION WITH INNOVATION PARKS
Ivashkiv Ya.K. INCREASING THE INNOVATIVE ACTIVITY OF ENTERPRISES BASED ON COOPERATION WITH INNOVATION PARKS Purpose. The aim of the article is to study the prospects for increasing the innovative activity of enterprises based on cooperation with innovation parks. Methodology of research. The following research methods were used to achieve the set goal: theoretical generalization – to systematize research results in the field of increasing the innovative activity of enterprises based on cooperation with innovation parks; analysis and synthesis – to assess the investment attractiveness and efficiency of innovation parks, research into the dynamics of subjects-residents of the innovation park; comparison and grouping – to improve the classification of evaluation criteria and indicators used to analyse the innovative activity of enterprises; statistical analysis – to analyse the dynamics of innovatively active enterprises in Ukraine, the number of industrial enterprises that introduced innovations, and the volume of sales of innovative products; graphic – for visual presentation of analytical research results; abstract and logical – for formulating the goal, setting tasks and substantiating conclusions, which made it possible to clarify theoretical and methodological approaches in assessing the innovative activity of an enterprise and substantiate the influence of innovation parks on its increase. Findings. The theoretical provisions for ensuring the innovative development of business ecosystems in the context of strengthening the innovative activity of enterprises are disclosed. Methodological approaches to assessing the innovative activity of an enterprise are supplemented on the basis of the systematization of evaluation criteria and indicators used to analyse the innovative activity of enterprises. An analysis of innovation activity at the micro level in Ukraine in 2021–2024 was conducted according to evaluation indicators, namely: the number of innovatively active enterprises; the number of enterprises that introduced innovations and the volume of innovative products sold. Positive trends in the field of innovation activity of Ukrainian industrial enterprises were identified. The impact of innovation parks on increasing the innovative activity of Ukrainian industrial enterprises is proven. The feasibility of strengthening cooperation between enterprises and innovation parks is substantiated in order to revive the innovative activity of business ecosystems and support innovative business development in the current conditions of transformation of industrial paradigms. Originality. The substantiation of directions for increasing the innovative activity of enterprises based on cooperation with innovation parks and the clarification of evaluation criteria and indicators used to analyse the innovative activity of enterprises has been further developed Practical value. The obtained research results can be used in business development management, in particular in the formation and development of intellectual capital, improving the knowledge management system, and making management decisions in the digital economy. Key words: innovation, innovativeness, innovative activity of the enterprise, innovative activity, innovative business development, innovation parks, science parks, technology parks, business development management, digitalization.
MANAGEMENT OF STRATEGIC DEVELOPMENT OF AN ENTERPRISE IN CONDITIONS OF UNCERTAINTY
Berdnyk B.M. MANAGEMENT OF STRATEGIC DEVELOPMENT OF AN ENTERPRISE IN CONDITIONS OF UNCERTAINTY Purpose. The aim of the article is theoretical substantiation and development of methodological principles for managing the strategic development of an enterprise in conditions of high uncertainty of the external environment. Methodology of research. The theoretical and methodological principles of the study are: the dialectical method of understanding economic processes, the fundamental principles of strategic management, and scientific works of Ukrainian and foreign scientists on the problems of managing the strategic development of enterprises. A set of special and general methods were used in the process of conducting scientific research: monographic (in-depth study of the set tasks); theoretical comparison and generalization (during theoretical generalization and formation of conclusions); graphic (reflection of research results and stages of formation of an enterprise development strategy), etc. The information base for the research was official data: the Ministry of Economy, Environment and Agriculture of Ukraine, information from the Internet, scientific articles, monographs and other scientific works on current problems of managing the strategic development of enterprises, own observations and research. Findings. The essence of the concept of "strategic development" is summarized and the evolution of management theory, which has gone from rational administration to complex adaptive systems, is studied. The differences between the concepts of "strategic planning" and "strategic management" are investigated. It is proven that in the conditions of modern global challenges, strategic development has transformed from a process of long-term linear planning into a dynamic adaptive management system. The main emphasis has shifted from quantitative asset growth to qualitative transformation of the business model based on innovation, digitalization and sustainable development principles (ESG). It has been determined that the key difference between strategic management and strategic planning is the continuity of the “analysis – action – control” cycle. If planning focuses on creating a document (plan), then management is oriented towards the development of internal personnel competencies and organizational flexibility, which allows the enterprise to maintain viability under any scenarios of external environment development. Originality. An adaptive strategy for enterprise development in conditions of uncertainty has been improved, which, unlike existing ones, is based on the use of an extended PESTEL analysis model, which allows grouping external determinants (political and legal, economic, social and demographic, technological). Key differences between strategic management and strategic planning have been identified, with planning focusing on creating a document (plan), while management is focused on developing internal staff competencies and organizational flexibility, which allows the enterprise to maintain viability under any external environment development scenarios. Practical value. The obtained results can be used by enterprise managers to build management systems capable of minimizing the impact of destructive factors in the war and post-war periods, while ensuring sustainable development in the long term. Key words: management, strategy, strategic development, strategic management, enterprise, strategic approaches, strategic decision, competitive advantages.
THE IMPACT OF MATERIAL RESOURCE EFFICIENCY ON THE FORMATION OF CUSTOMER-ORIENTED ENTERPRISE ACTIVITIES
Krysko Zh.L. THE IMPACT OF MATERIAL RESOURCE EFFICIENCY ON THE FORMATION OF CUSTOMER-ORIENTED ENTERPRISE ACTIVITIES Purpose. The aim of the study is to substantiate the impact of material resource efficiency on the formation of customer-oriented enterprise activities and to develop a model of this relationship. Methodology of research. The study employs general scientific and special methods, including analysis and synthesis to generalize theoretical approaches to material resource management and customer orientation; a system approach to consider the enterprise as an integrated system combining resource, operational, and customer levels; abstract and logical method to formulate theoretical generalizations and develop the model; structural and functional analysis to identify relationships between model elements; graphical method to visualize the proposed model; and comparative analysis to summarize practical experience of enterprises. Findings. The study substantiates that material resource efficiency determines not only internal performance outcomes but also the parameters of customer experience. It is established that the impact of resource efficiency on customer orientation is indirect and is realized through operational parameters, including production cycle time, process stability, order processing speed, and production flexibility. Three analytical levels are identified: resource, operational, and customer levels. An analytical model is developed that reflects causal relationships between these levels and includes transformation mechanisms (time, quality, economic, adaptive, and informational). The interconnection between material resource efficiency indicators, operational results, and customer-oriented performance indicators is systematized. Originality. An analytical model of the impact of material resource efficiency on customer-oriented enterprise activities is developed, based on the integration of resource, operational, and customer approaches, and reflecting the indirect nature of this impact through operational parameters. The approach to assessing customer orientation is improved by incorporating indicators of material resource efficiency into its formation. Practical value. The proposed model can be applied by enterprises to develop customer-oriented strategies based on improving material resource efficiency and to enhance operational management systems. Key words: material resource efficiency, material resource management, material intensity, cost optimization, customer orientation, operational activity, system of indicators.
SPECIFICS OF MANAGING THE CREATIVITY OF HOTEL AND RESTAURANT ENTERPRISES PERSONNEL – A DIRECTION FOR INCREASING COMPETITIVENESS
Kondratska L.P. SPECIFICS OF MANAGING THE CREATIVITY OF HOTEL AND RESTAURANT ENTERPRISES PERSONNEL – A DIRECTION FOR INCREASING COMPETITIVENESS Purpose. The aim of the article is to substantiate the specifics of managing the creativity of hotel and restaurant personnel as a tool for strengthening its competitiveness and to identify key management approaches and practical mechanisms capable of ensuring the systematic reproduction and realization of the creative potential of employees in service activities and innovative development of the enterprise. Methodology of research. A complex of general scientific and special research methods was used in the process of preparing the article. Theoretical generalization of scientific approaches to the interpretation of personnel creativity, creative management and the role of the creative potential of employees in the hospitality sector was carried out using the methods of analysis and synthesis, induction and deduction, comparison, systemic, structural and functional approaches. The method of logical generalization, cause-and-effect analysis and graphic modeling was used to identify the key components of employee creativity, substantiate the conditions for effective management of personnel creativity and determine its impact on the competitiveness of a hotel and restaurant enterprise. Findings. It is substantiated that in conditions of high dynamics of consumer expectations, increased competition and the intangible nature of the service product, personnel creativity turns into a strategic resource for increasing the competitiveness of a hotel and restaurant enterprise. Scientific approaches to the interpretation of staff creativity are summarized and it is proven that its applied content in the field of hospitality is manifested in the ability of employees to produce original and at the same time useful solutions for improving service, updating the product, optimizing business processes, forming a recognizable atmosphere of the establishment and flexibly responding to non-standard requests of guests. It is substantiated that the effectiveness of employees' creative activity is ensured by the interaction of three basic components - professional expertise, creative thinking skills and motivation, and it is internal motivation that is a key prerequisite for sustainable creative manifestations in service situations. The key conditions for successful management of staff creativity in the hotel and restaurant sector are determined and it is proven that their coordinated functioning ensures an increase in the quality of customer experience, the formation of a unique value proposition, the innovation of business processes, brand strengthening, increased customer loyalty, repeat visits and financial results of the enterprise. A process approach to managing personnel creativity is proposed in the form of sequential stages - from diagnosing creative potential and forming a creative environment to implementing solutions, evaluating results and adjusting management influences. Originality. The theoretical and applied approach to researching the creativity of hotel and restaurant personnel as a managed factor of competitive development has been further developed, which, unlike existing approaches, combines the competence, motivational and organizational and process components in a single management logic. The understanding of the specifics of managing personnel creativity in the hospitality sector has been improved by substantiating the connection between professional expertise, creative and critical thinking, internal motivation of employees and the achievement of measurable competitive effects. The proposed process approach allows us to consider the creativity of personnel not as a situational characteristic or a separate form of initiative, but as a systemic management object integrated into the personnel policy, organizational culture, motivational mechanisms and management system of a hotel and restaurant enterprise. Practical value. The research results can be used by managers and leaders of hotel and restaurant enterprises in the process of forming personnel policy, building a creative environment, improving personnel motivation systems, organizing professional development of employees and implementing service innovations. Some provisions of the article can be applied to develop programs to stimulate creative behavior of personnel, implementing mechanisms for generating and selecting ideas, assessing the contribution of employees to the development of service and increasing the competitiveness of the institution. The practical use of the proposed approach will contribute to improving the quality of customer experience, strengthening the brand, improving reputation indicators, increasing guest loyalty and increasing the economic performance of the hotel and restaurant enterprise. Key words: staff creativity, creative management, hotel and restaurant enterprise, creative environment, motivation, customer experience, service innovations, competitiveness.
MANAGEMENT OF RENEWABLE ELECTRICITY GENERATION FACILITIES IN THE AGRICULTURAL SPHERE: EU EXPERIENCE
Shmanko N.R. MANAGEMENT OF RENEWABLE ELECTRICITY GENERATION FACILITIES IN THE AGRICULTURAL SPHERE: EU EXPERIENCE Purpose. The aim of the article is to summarize the European experience of managing renewable energy generation facilities in the agricultural sector and to identify practical approaches to its adaptation in the conditions of the development of agrarian energy in Ukraine. Methodology of research. Complex of general scientific and special methods was used, in particular methods of analysis and synthesis to generalize scientific approaches to the development of renewable energy in the agricultural sector; comparative analysis to study the experience of European Union countries in managing renewable energy generation facilities; systematization to structure the main models of using biogas plants, agrovoltaics and other forms of agricultural energy generation; as well as analytical generalization to determine the possibilities of implementing European practices in the domestic agricultural sector. Findings. It was established that biogas plants, agrovoltaic systems and farm solar power plants are the most common in the EU agricultural sector. In particular, in Germany there are about 8.6 thousand biogas plants operating, which produce about 29 TWh of electricity per year, which ensures a stable energy supply to rural areas. In Denmark, a cooperative model of biomethane production has been formed, where about 160 biogas plants cover about 11% of the country's gas needs. The experience of the Netherlands and France demonstrates the active implementation of agrovoltaic systems that combine electricity production with agricultural land use, in particular solar panels with a capacity of 2.67 MW, integrated into farms. It is shown that the efficiency of management of such facilities is ensured by a combination of state incentives, long-term tariff support mechanisms, cooperation of farms and integration of energy technologies into the production infrastructure of agricultural enterprises. Based on the generalization of European experience, the possibilities of using biogas technologies, agrovoltaics and farm microgenerations to increase the energy efficiency of the agricultural sector of Ukraine have been identified. Originality. The systematization of management models for renewable energy generation facilities in the agricultural sector of EU countries and the identification of their key organizational and economic components have further developed, in particular the combination of technological solutions (biogas complexes, agrovoltaic systems, farm solar power plants), cooperative forms of organizing energy production, and state support mechanisms. Practical value. The proposed approaches can be used to form an effective policy to support renewable energy in agriculture, in particular the development of biogas plants, agrovoltaic systems and farmer energy cooperatives. The proposed recommendations can be used by state authorities, agricultural enterprises and investors in developing agricultural energy development programs. Key words: farm enterprises, agricultural sector, agrovoltaic, biogas, bioenergy, energy efficiency, management of generation facilities, solar and wind power plants.
STRATEGIC HR MANAGEMENT BASED ON THE IMPLEMENTATION OF THE CONCEPT OF ADAPTIVE HR STRATEGY IN THE CONDITIONS OF DIGITAL TRANSFORMATION
Vedernikov M.D., Komar T.V., Chernushkina O.O., Volianska-Savchuk L.V. STRATEGIC HR MANAGEMENT BASED ON THE IMPLEMENTATION OF THE CONCEPT OF ADAPTIVE HR STRATEGY IN THE CONDITIONS OF DIGITAL TRANSFORMATION Purpose. The aim of the article is theoretical substantiation and development of methodological recommendations for strategic HR management based on the implementation of adaptive HR strategies in the context of dynamic digital transformation of business processes. Methodology of research. A combination of general scientific and special methods was used in the research process. The theoretical research method was used to generalize the theoretical principles of strategic HR management, the concept of adaptability and digital transformation; the systemic approach was used to form aspects of the implementation of digital tools in the HR environment and to substantiate the adaptive management model based on the application of an adaptive HR strategy; the generalization method was used to systematize the methodological principles of implementing adaptive HR strategies into the strategic HR management system in the context of digital transformation. Findings. It has been found that digital transformation is gaining system-forming importance as a key factor in the effective strategic development of organizations, increasing competitiveness, stimulating innovative activity and ensuring a high level of readiness to respond to dynamic challenges of the external environment. Digital HR transformation is one of the basic drivers of the development of organizational capabilities, as it provides support for operational stability, flexibility and effectiveness of strategic HR management. It has been proven that the effectiveness of digitalization directly depends on the presence of a comprehensive digital HR strategy, which provides for systematicity, consistency and integration of transformations into the overall business model of the enterprise. It is substantiated that adaptability in the strategic HR management system ensures the organization's ability to respond in a timely and adequate manner to changes in the external environment, contributes to increasing its resilience and sustainability in the long term. The combination of digital tools with adaptive management approaches creates a synergistic effect that allows organizations not only to function effectively in conditions of uncertainty, but also to proactively shape the trajectory of their own development, ensuring long-term growth and strategic stability. Originality. Scientific provisions on the formation of a digital business environment and digital HR transformation in the strategic HR management system have been further developed. It has been proven that the concept of adaptability serves as the fundamental basis of modern HR trends. Practical value. Substantiated theoretical and methodological provisions can be implemented in the activities of enterprises to increase the effectiveness of strategic HR management by transitioning from traditional to adaptive HR management models focused on dynamism, innovation and strategic integration. Key words: strategic management, strategic HR management, digital HR transformation, digital HR strategy, adaptive HR strategy.
DEVELOPMENT TRENDS AND DIRECTIONS OF ADAPTATION OF AGRO-INDUSTRIAL ENTERPRISES TO GLOBAL CHANGES
Voloshchuk Yu.O., Voloshchuk V.R. DEVELOPMENT TRENDS AND DIRECTIONS OF ADAPTATION OF AGRO-INDUSTRIAL ENTERPRISES TO GLOBAL CHANGES Purpose. The aim of the article is to study modern trends in the development of agro-industrial enterprises and to substantiate the key areas of their adaptation to global changes, taking into account economic, environmental and institutional factors of influence. Methodology of research. The work uses induction and deduction methods to identify trends in the development of the agricultural sector and establish cause-and-effect relationships; analysis and synthesis methods to generalize scientific approaches and compare the development of the agricultural sector of Ukraine and EU countries, in particular Poland. The abstract and logical method is used to form theoretical generalizations and conclusions. Graphic and tabular methods are used to visualize the results. Findings. Key global trends in the development of agriculture are identified, in particular the impact of demographic changes, climate challenges, resource constraints and transformation of food markets. The current state of the agro-industrial sector of Ukraine in the context of military challenges is analysed, in particular the dynamics of its share in GDP, production, profitability and investment activity. The presence of structural imbalances, interregional inequalities and limited access to financial resources was established. A comparative analysis of the agricultural sector of Ukraine and Poland was carried out, which allowed to identify differences in the management structure, level of state support, efficiency of resource use and orientation on added value. The need to introduce adaptation mechanisms is substantiated, in particular digitalization, development of processing, improvement of financial support, greening of production and harmonization of legislation with EU requirements. Originality. Theoretical approaches to determining the directions of adaptation of agro-industrial enterprises to global changes based on a combination of economic, technological, environmental and institutional factors, as well as systematization of EU practices (using the example of Poland) for their implementation in Ukraine, have been further developed. Practical value. The obtained results can be used in the formation of state agricultural policy, development of strategies for the development of agro-industrial enterprises, as well as in the process of adapting the national agricultural sector to the requirements of European integration. The proposed directions will contribute to increasing the competitiveness, sustainability and innovativeness of agricultural production in Ukraine. Key words: agricultural enterprises, global changes, sustainability, development, adaptation of enterprises, state support, enterprise support instruments, digitalization, reforms, climate challenges.
INTEGRATION OF BENCHMARKING INTO THE ARCHITECTURE OF SUSTAINABLE DEVELOPMENT MANAGEMENT: MACRO, MESO, AND MICRO LEVELS
Kramarchuk S.P., Babiak H.P. INTEGRATION OF BENCHMARKING INTO THE ARCHITECTURE OF SUSTAINABLE DEVELOPMENT MANAGEMENT: MACRO, MESO, AND MICRO LEVELS Purpose. The aim of this article is to theoretically substantiate and develop a conceptual approach to integrating benchmarking into the architecture of sustainable development management at the macro, meso, and micro levels. The research focuses on ensuring the alignment of economic, social, and environmental objectives, enhancing the effectiveness of strategic decisions, adapting advanced international practices. Methodology of research The study employs a set of general scientific and specialized methods, including induction and deduction for generalizing statistical and analytical data and identifying sustainable development patterns; analysis and synthesis for examining modern approaches to multi-level management and benchmarking integration; abstract and logical method for formulating theoretical conclusions; system approach for considering the national economy as a holistic multi-level system. Findings. The study demonstrates the necessity of transitioning from fragmented sustainable development management to a systemic conceptual approach to benchmarking integration, which ensures alignment of strategic objectives and indicators across macro, meso, and micro levels. Principles for organizing multi-level interaction, structural elements of management architecture, feedback mechanisms, and coordination tools are proposed, enabling improved effectiveness of managerial decisions, facilitation of best practice identification, and adaptation of international experience. The principles of organizing multi-level interaction, structural elements of management architecture, feedback mechanisms and coordination tools are proposed, which allow to increase the effectiveness of management decisions, promote the identification of best practices and adaptation of international experience. Originality. For the first time, a conceptual approach to integrating benchmarking into the multi-level architecture of sustainable development management is formulated, combining principles of goal alignment, indicator systems, and interaction mechanisms across macro, meso, and micro levels. The scientific approach to multi-level sustainable development management is refined in the context of post-war recovery and long-term economic growth of Ukraine. Practical value. The conceptual approach can be applied by government authorities, regional administrations, and enterprises for the development, monitoring, and adjustment of sustainable development strategies, building systems of sustainability indicators, improving ESG strategies, and enhancing the effectiveness of management during post-war recovery processes. Key words: sustainable development, multi-level management, benchmarking, conceptual approach, macro, meso, and micro levels, ESG, integration, post-war recovery, goal alignment.
HORIZONTAL INNOVATIONS AND ENDOGENOUS GROWTH: ASSUMPTIONS, MECHANISMS, AND DEBATES
Pasichnyk T.O. HORIZONTAL INNOVATIONS AND ENDOGENOUS GROWTH: ASSUMPTIONS, MECHANISMS, AND DEBATES Purpose. The aim of the article is to systematize the key assumptions of P. Romer's horizontal innovation models, this paper systematizes the key assumptions of Paul Romer’s horizontal innovation models, shows how these assumptions underpin the main theoretical conclusions about the role of R&D and firms’ innovative activity in economic growth, and outlines the major issues and debates in innovation, competition, and patent policy that follow from this framework. Methodology of research. The study employs analysis and synthesis to select and integrate the literature on horizontal innovation models and related contemporary debates; logical and deductive analysis to trace causal links between model assumptions and growth outcomes; and comparative analysis to contrast the structural elements of the “knowledge-driven” specification and the “lab-equipment” model. Findings. The paper summarizes the core assumptions of Paul Romer-type horizontal innovation models: the nonrivalry of ideas; partial excludability (notably via patent protection); imperfect competition and firms’ market power; the “love-for-variety” mechanism; and an aggregate R&D production function that links research inputs to the arrival of new designs. The analysis shows that innovation is driven by private incentives (expected monopoly rents), while technological progress is interpreted as an expansion in the set of designs – or, equivalently, the number of varieties of intermediate goods – which raises productivity in final-goods production. The two specifications are shown to share a common structure but differ fundamentally in the form of the R&D production function, particularly in how the accumulated stock of knowledge affects research productivity. The paper also highlights the main debates associated with these models, including assumptions about R&D productivity, the trade-off between competition and innovation incentives, the empirical relevance of scale effects, and the inefficiency of decentralized equilibrium and its sources. Originality. The study clarifies how the “knowledge-driven” and “lab-equipment” specifications differ in their R&D technologies and in the role assigned to the knowledge stock in determining research productivity. In addition, it systematizes the key tensions and contested policy implications arising from this theoretical framework. Practical value. The research results provide a structured basis for the appropriate use of Paul Romer-type horizontal innovation models in applied analysis and economic policy design. In particular, they can serve as a methodological tool for assessing and comparing alternative policy scenarios (R&D support, the design of intellectual property institutions, competition policy, etc.). Key words: economic growth, innovative development, patents, R&D, horizontal innovations, technological progress, endogenous growth models, scale effects.
STRATEGIC GUIDELINES AND FUNCTIONALITY OF MANAGEMENT OF RECOVERY, SUSTAINABLE DEVELOPMENT, AND DIGITAL TRANSFORMATION OF EURO-INTEGRATED ENTREPRENEURSHIP
Voloshchuk K.B., Popovych K.-D.М. STRATEGIC GUIDELINES AND FUNCTIONALITY OF MANAGEMENT OF RECOVERY, SUSTAINABLE DEVELOPMENT, AND DIGITAL TRANSFORMATION OF EURO-INTEGRATED ENTREPRENEURSHIP Purpose. The aim of the article is to deepen the theoretical foundations of strategizing and management functionality as an innovative approach to recovery, sustainable development, searching for opportunities to increase export potential, and digital transformation of Euro-integrated entrepreneurship. Methodology of research. The following research methods were used: induction and deduction to reveal current trends in the benefits of digitalization, which outweigh its costs due to the growth of business investments in the digitalization of corporate processes at the global level; analysis and synthesis – to compare traditional and digital functionality of management of recovery, sustainable development and digital transformation of Euro-integrated entrepreneurship; calculation and construction – to determine the possibilities of increasing exports to the EU; abstract and logical – for the transformation of business models; tabular and graphical – for the visualization of the obtained research results. Findings. The key characteristics of traditional and digital approaches to the functional management of recovery, sustainable development, and digital transformation of European-integrated entrepreneurship are determined, as sources of competitive advantages and strategic guidelines for reducing costs, increasing productivity and flexibility of business, long-term sustainability, and development. Significant imbalances in the dynamics of the development of legal entities-enterprises and individual entrepreneurs by the number of business entities, the number of employed and hired workers, the specific weight in the total number, the results of innovative activity and activity of enterprises, and the volumes of exports and imports are established. Current trends reveal that the benefits of digitalization significantly outweigh its costs, especially in the medium and long term, thereby strengthening competitive positions in the market and allowing businesses to objectively assess efficiency, personalize offers, predict user behavior, and develop digital skills among personnel. The possibility of increasing business value by implementing sustainable practices of an ESG-oriented approach is identified, which allows responding to challenges, proactively using sustainable development as a strategic factor of differentiation, integrating it into the business strategy, and focusing simultaneously on social, environmental, and industry significance, which significantly affect operational activities and final results. Originality. Further development of the theoretical foundations of strategizing and functional management as an innovative approach to recovery, sustainable development, and digital transformation of European-integrated entrepreneurship based on the creation of ecosystems has been achieved; flexible approaches, interactive work, constant feedback, and rapid adaptation to changes, real-time decision-making, and search for opportunities to increase Ukraine's export potential. Practical value. The obtained results can be used by authorities and management as strategic guidelines and innovative approaches to the management of the recovery, sustainable development, and digital transformation of entrepreneurship in the process of adaptation to the requirements of European integration. Significant opportunities to realize the unused potential of increasing Ukraine's exports to the EU and to implement sustainable practices through an ESG-oriented approach aimed at creating business value have been identified. Key words: strategy, guideline, functionality, management, recovery, sustainable development, digitalization, transformation, European integration, entrepreneurship, enterprises.
CIRCULAR ECONOMY ‒ A PROMISING DIRECTION FOR THE DEVELOPMENT OF NEW TECHNOLOGIES AND PRODUCTS
Ternova A.S., Vlasenko I.H. CIRCULAR ECONOMY ‒ A PROMISING DIRECTION FOR THE DEVELOPMENT OF NEW TECHNOLOGIES AND PRODUCTS Purpose. The aim of the study is to consider the basic principles of the circular economy and the possibility of implementing them in the latest technologies for the production of goods. Methodology of research. General scientific methods were used in the research process: induction and deduction – to analyse individual methods of the circular economy and outline its general principles; cause-and-effect relationships – to predict the prospects for implementing the principles of the circular economy; analysis and synthesis – for a detailed analysis of individual components, their relationships and identifying the main trends in the development of the circular economy in the world and Ukraine; abstract and logical – to summarize information from scientific sources, form theoretical conclusions. Findings. The paper examines the capacity of the waste management market in Ukraine. The priority key value chains of products based on the EU Strategy in the main industries are analysed. Strategies for achieving the material goals of the circular economy – minimizing raw materials, restoring supporting ecosystems, and preventing material losses – are considered. It is shown that the implementation of circular economy principles has both certain risks and prospects. For Ukraine, the transition to a circular economy will be important both in terms of modernization and increasing added value, as well as increasing investments and strengthening cooperation with the EU at the international level. Important directions on the path to a circular economy for Ukraine are the creation of waste management models that meet EU requirements; the development of processing enterprises; and the integration of circular economy principles into the national recovery and development strategy. Originality. The understanding of trends in the implementation of circular economy principles in the modern world, as well as the perception of significant risks that may threaten the implementation of these principles, has further developed. Practical value. The results of the study can be used in shaping an enterprise's strategy for transitioning from a linear production model to a closed cycle, where the emphasis is on reuse, repair, shared consumption, product durability, and resource recovery. Key words: circular economy, waste management, minimization of raw materials, environmental friendliness, innovation.
ARCHITECTONICS OF THE THREE-LEVEL MODEL OF ADAPTIVE EFFICIENCY OF THE INSTITUTIONAL ENVIRONMENT: THEORETICAL FOUNDATIONS AND STRUCTURAL LOGIC
Pylypenko H.M., Fedorova N.Ye. ARCHITECTONICS OF THE THREE-LEVEL MODEL OF ADAPTIVE EFFICIENCY OF THE INSTITUTIONAL ENVIRONMENT: THEORETICAL FOUNDATIONS AND STRUCTURAL LOGIC Purpose. The aim of the study is to substantiate the architectonics of a three-level model of the adaptive efficiency of the institutional environment, which makes it possible to structurally connect the functions of institutions, the conditions of their implementation, and the results of institutional action under the conditions of post-industrial transformations of society, and to create the preconditions for the further operationalization of this model. Methodology of research. The study is based on institutional and evolutionary theory using a systems approach, structural and functional analysis to identify the functions and subfunctions of the institutional environment. A logical and analytical method is applied to construct the three-level architectonics “functions – criteria – components”. A comparative and analytical approach is used to interpret different types of institutional responses to technological challenges. The method of conceptual modelling is employed to build chains “subfunction – dysfunction – criteria – component”, enabling further operationalization and quantitative measurement of adaptive efficiency. Findings. The three-level architectonics of the model of the adaptive efficiency of the institutional environment is substantiated, comprising: the functional level (coordination, distributional, and stimulating functions and their subfunctions as channels of institutional action); the criteria level (conditions for the implementation of institutional functions and parameters of institutional viability); and the component level (agility, plasticity, stability, anticipation, and foresight as forms of institutional response to technological challenges). An algorithm for constructing subfunctional analytical chains is proposed, in which the component of adaptive efficiency is derived from the configuration of weakened implementation of the corresponding subfunction's criteria. This makes it possible to determine the depth and the type of required institutional adaptation (procedural, transformational, stabilizing, or anticipatory). It is shown that the component of adaptive efficiency serves as a system-forming element of the model, integrating the potential of institutions, the conditions for their realization, and the result of institutional response. The algorithm is illustrated using the example of the institutional environment's coordination function and two of its subfunctions. The model creates a basis for the transition from conceptual analysis to the formalized measurement of the adaptive efficiency of the institutional environment. Originality. An integral architectonics of the adaptive efficiency of the institutional environment, based on the three-level logic “functions – criteria – components,” is developed, which, for the first time, integrates the transformational potential of institutions, the conditions of their viability, and the results of institutional adaptation into a single analytical framework. The approach to identifying the components of adaptive efficiency through the type of institutional response to technological challenges is improved, thereby forming the methodological basis for operationalizing the adaptive efficiency of the institutional environment. Practical value. The obtained results may be used for quantitative assessment of adaptive efficiency of institutional environments across countries, cross-country comparative analysis, identification of institutional dysfunctions in technological transformations, and regression-based analysis of the relationship between adaptive efficiency of the institutional environment and technological development. The proposed model provides a basis for developing institutional policy instruments aimed at enhancing the capacity of the societal system to integrate breakthrough technologies and reducing structural barriers to societal development. Key words: institutional environment, adaptive efficiency of the institutional environment, technological change, institutional functions, institutional subfunctions, criteria of adaptive efficiency of the institutional environment, components of adaptive efficiency of the institutional environment, agility, plasticity, stability, anticipation, foresight.
adaptive efficiency of the institutional environment
criteria of adaptive efficiency of the institutional environment
components of adaptive efficiency of the institutional environment
SYSTEM OF PENSION PROVISION IN UKRAINE: STATE, PROBLEMS AND POSSIBLE WAYS OF SOLUTIONS
Fedoryshyna L.M., Pikhniak T.A. SYSTEM OF PENSION PROVISION IN UKRAINE: STATE, PROBLEMS AND POSSIBLE WAYS OF SOLUTIONS Purpose. The aim of the article is to study the current pension system in Ukraine and assess its state, as well as identification of the main problems and outline of possible ways to solve them. Methodology of research. A set of general scientific and special research methods was used to achieve the set goal. In particular, methods of analysis and synthesis, generalization, abstract and logical ‒ for studying the theoretical foundations of the functioning of the pension system and processing scientific publications and regulatory legal acts regulating pension relations in Ukraine; monographic ‒ for studying the scientific approaches of domestic and foreign researchers to the problems of development and reform of the pension system; statistical ‒ for assessing the current state of pension provision, studying the dynamics of the number of pensioners, the structure of pension payments, the average size of pensions, as well as for analysing regional and gender features of pension provision; comparative ‒ to compare indicators over time and across regions, as well as to assess differences between individual categories of pension recipients; systematization and generalization ‒ to identify the main problems of the functioning of the pension system of Ukraine and substantiate the directions of its further reform; tabular and graphical ‒ to visually present the results of the study, in particular the dynamics and structure of pension indicators. Findings. The current state of the pension system in Ukraine was analysed, in particular, the main principles of its functioning and the structure of the three-tier pension system were studied. It was established that in practice in Ukraine the solidarity level of the pension system mainly functions, while the accumulative level is at the stage of implementation. The dynamics of the number of pensioners in recent years was analysed, which showed a tendency to a gradual reduction in their number. The main indicators of pension provision were assessed, in particular the average size of pension payments, the structure of pensions by type and the level of differentiation of pension incomes. Significant differences in the size of pension payments between different categories of recipients, regions and by gender were identified. The main problems of the functioning of the pension system of Ukraine were identified based on the analysis, including: a significant financial burden on the solidarity level, the budget deficit of the Pension Fund, demographic challenges and insufficient development of funded and non-state pension provision. The directions for improving the pension system were substantiated. Originality. The study of structural and social problems of the pension system of Ukraine and the formulation of directions for their solution related to ensuring the financial stability of the system, the transition to a multi-component provision model, improving demographic and employment policies, increasing social justice and eliminating inequality, institutional and managerial modernization, and implementing educational and information policies have been further developed. Practical value. The research results can be used to improve the mechanisms for calculating pensions and managing financial resources of the Pension Fund of Ukraine, as well as to prepare for the implementation of a funded pension system, which will increase the efficiency of the system and reduce social inequality among pensioners. Key words: pension provision, pension system, pension, social injustice, inequality, pensioners, budget deficit, income differentiation, non-state pension provision.
INSTITUTIONAL TRANSFORMATION OF COMPETITIVE INTERACTION IN THE GLOBAL SEMICONDUCTOR MARKET: FROM MARKET-BASED TO STATE-STRATEGIC INDUSTRY ORGANIZATION REGIME
Andrusyk V.V. INSTITUTIONAL TRANSFORMATION OF COMPETITIVE INTERACTION IN THE GLOBAL SEMICONDUCTOR MARKET: FROM MARKET-BASED TO STATE-STRATEGIC INDUSTRY ORGANIZATION REGIME Purpose. The aim of this article is to investigate the patterns of institutional transformation of competitive interactions in the global semiconductor market, particularly the transition from a predominantly market-based to a state-strategic mode of industry organization. Methodology. A set of general scientific and specialized research methods was used in the study. The method of comparative analysis was applied in examining government support programs for the semiconductor industry across six leading world economies (the United States, the European Union, China, South Korea, Japan, and India) with regard to funding volumes, policy instruments, and strategic objectives. The method of systematization was used to classify state-strategic regulatory instruments into stimulative, restrictive and coordinative categories. The method of generalization was employed to formulate the patterns governing the transition from a market-based to a state-strategic mode of industry organization and its consequences for the competitive structure of the market. The method of statistical analysis was applied to examine the dynamics of the global semiconductor market and its structural changes. The study draws upon data from the Semiconductor Industry Association, analytical reports by KPMG and the Centre for Strategic and International Studies, materials from the European Court of Auditors, as well as official documents issued by government bodies of leading economies. Findings. It has been established that the global semiconductor market is undergoing systemic institutional transformation driven by the pandemic-induced supply chain crisis, the intensification of technological rivalry, and the emergent recognition of the critical role of semiconductors in national security. A study of industry support programs across six leading economies, each with a combined gross domestic product exceeding one trillion dollars, has been conducted. A convergence of strategic approaches has been identified alongside a simultaneous differentiation of the instruments employed, determined by initial competitive positions. The contradictory impact of transformation on the global value chain is explored, manifested in the paradox of the positive impact of geographic diversification of production combined with the risk of technological bifurcation and diminished efficiency. Originality. The theoretical substantiation of the institutional transformation of the global semiconductor market as a transition from a market-based to a state-strategic mode of industry organization has been further developed, which, unlike existing studies that focus on the analysis of individual national programs, enables this process to be examined as a systemic pattern inherent to all leading economies regardless of their political system. The classification of state-strategic regulatory instruments for the semiconductor industry has been refined through their division into stimulative, restrictive, and coordinative categories, which enables a more comprehensive assessment of the impact of institutional changes on the competitive structure of the market. Practical value. The findings of this study may be utilized in the formulation of state policy for the development of high-technology industries, particularly in substantiating strategies for integration into global semiconductor value chains for countries seeking to enter this sector. The comparative analysis of government support programs may serve as an analytical foundation for the development of corresponding national initiatives. Key words: semiconductor market, institutional transformation, state-strategic regime, competitive interaction, industrial policy, value chains, technological sovereignty.
ECONOMIC NATIONALISM AS A COMPONENT OF UKRAINE'S INTERNATIONAL RELATIONS
Marchenko T.V. ECONOMIC NATIONALISM AS A COMPONENT OF UKRAINE'S INTERNATIONAL RELATIONS Purpose. The aim of the article is to provide a theoretical substantiation of economic nationalism as a component of Ukraine’s international economic relations and to determine its role under conditions of war and post-war economic transformation. Methodology of research. A complex of general scientific and special methods were used to achieve the set goal, including systemic, structural and functional, comparative, and analytical approaches. The systemic method made it possible to consider economic nationalism as an integral element of international economic relations. The structural and functional method was used to identify the key instruments of its implementation in foreign economic policy. The comparative method allowed for the revealing of the transformation of economic nationalism under globalization and European integration. The analytical method was applied to generalize Ukraine’s current economic policy practices under wartime conditions. Findings. The essence of economic nationalism as an instrument of “managed integration” in the system of international economic relations is determined. The main tools of its implementation, including trade, investment, and industrial policies, as well as participation in global value chains, are analysed. The study examines Ukraine’s current practice, particularly the reorientation of its foreign economic relations, the growing role of the European Union, and support for strategic sectors under wartime conditions. The key constraints related to international obligations and institutional challenges are identified. Originality. For the first time, economic nationalism has been substantiated as a component of Ukraine’s international economic relations under conditions of war and global transformations, which, unlike existing approaches, makes it possible to consider it as a comprehensive instrument for combining integration processes with the protection of national economic interests; the approaches to defining the role of economic nationalism as a tool for ensuring a balance between economic openness and the need to preserve economic sovereignty have been improved; further development has been given to the theoretical substantiation of the “managed integration” model as a modern form of implementation of economic nationalism. Practical value. The obtained results can be used in the development of Ukraine’s state economic and foreign economic policies, in the formulation of post-war recovery strategies, and in the teaching of courses on international economics and international relations. Key words: economic nationalism, international economic relations, foreign economic policy, integration, economic resilience, strategic sectors.
THE STRATEGIC ROLE OF ENERGY MANAGEMENT IN INTERNATIONAL CORPORATE BRAND CAPITAL DURING THE CONSTRUCTION AND RENOVATION PHASES
Zvarych I.Ya., Hladkyi Ya.M. THE STRATEGIC ROLE OF ENERGY MANAGEMENT IN INTERNATIONAL CORPORATE BRAND CAPITAL DURING THE CONSTRUCTION AND RENOVATION PHASES Purpose. The aim of the article is to research how energy management has evolved from an engineering challenge into a sophisticated tool for shaping brand values and communicating corporate values. Methodology of research. The methodological framework is based on a systematic approach, as well as methods of analysis and synthesis, comparative analysis, structural-functional analysis, and institutional analysis. The study employs a comprehensive analytical framework to examine the strategic role of energy management during construction and renovation. The provisions of the sustainable development concept and modern approaches to brand equity management were utilized. The information base consisted of international analytical reports, statistical data, research findings in the field of energy efficiency, as well as regulatory and legal documents in the field of climate policy. Findings. The strategic role of energy management in the formation of international corporate brand capital at the stages of construction and renovation in the conditions of the global transition to a low-carbon economy is investigated. It is substantiated that modern energy management is transforming from an auxiliary operational function into a key tool for ensuring competitiveness, increasing investment attractiveness, and forming a positive corporate image in international markets. It is determined that energy management during the construction and reconstruction phases is a crucial factor in building corporate brand equity, as it ensures the integration of environmental, economic, and social aspects of enterprise development. It has been demonstrated that the implementation of certified energy management systems reduces information asymmetry between companies and investors, increases operational transparency, and strengthens market positions. It is substantiated that effective energy management ensures a higher level of energy efficiency compared to individual technological solutions and serves as a key driver of innovative development in the construction sector. Originality. Theoretical and methodological approaches have further developed energy management as a strategic factor in the formation of international corporate brand equity. The concept of “brand energy” is proposed, which involves integrating energy efficiency into the brand management system to ensure sustainable development and long-term competitiveness. It is demonstrated that the implementation of energy management systems, particularly in accordance with international standards, contributes to reducing energy intensity, optimizing resource use, and minimizing companies’ carbon footprints. It is shown that energy management serves as an effective signaling mechanism for investors and consumers regarding a company’s level of managerial maturity, environmental responsibility, and ability to adapt to long-term climate challenges. It has been established that the integration of energy-efficient technologies into construction and renovation processes ensures the formation of long-term competitive advantages, strengthens stakeholder trust, and enhances brand value. Practical value. The practical recommendations can be used in the development of energy efficiency policies, investment strategies, and mechanisms for enhancing the competitiveness of enterprises in the global economic environment. Key words: energy management, brand equity, corporate social responsibility, ESG Strategy, energy efficiency, green building, building renovation, environmental certification (LEED, BREEAM), sustainable development, international corporate brand, decarbonization, building life cycle, investment attractiveness, BEMS (Building Energy Management Systems).
environmental certification (LEED, BREEAM)
BEMS (Building Energy Management Systems)
ARCHITECTURE OF MANAGEMENT OF RENEWABLE GENERATION FACILITIES IN THE AGRO-INDUSTRIAL COMPLEX: AN INSTITUTIONAL AND ECONOMIC MODEL FOR COORDINATING PRODUCTION AND ENERGY CONTOURS
Shmanko N.R. ARCHITECTURE OF MANAGEMENT OF RENEWABLE GENERATION FACILITIES IN THE AGRO-INDUSTRIAL COMPLEX: AN INSTITUTIONAL AND ECONOMIC MODEL FOR COORDINATING PRODUCTION AND ENERGY CONTOURS Purpose. The aim of this study is to provide a theoretical justification of the nature of managing renewable energy generation facilities in the agro-industrial sector as an integrated management process that ensures the coordination of an enterprise’s production, energy, and institutional-market components within the context of a decentralized power system and regulatory operating regimes. Methodology of research. The methodological basis of the study is a systems approach. The theoretical and methodological framework of the study is based on a combination of principles from enterprise management theory, new institutional economics, and the concept of decentralized energy. The institutional approach is used to explain the impact of the regulatory environment on the structure of managerial decisions and the boundaries of economic behavior of economic entities. The principles of systems management were used to justify the integration of energy assets into the functional architecture of the enterprise and to determine their role in ensuring the stability of the production process. The methodological tools of the study are of a conceptual and analytical nature. Methods of analysis and synthesis were applied to identify the key characteristics of renewable generation facilities and formulate a generalized managerial interpretation of them; logical generalization – to formulate the author’s definition of the essence of management; comparative analysis – to compare economic, technological, and institutional approaches to interpreting renewable energy sources; structural and functional analysis – to reveal the place of generating facilities within the internal structure of an agricultural enterprise and to justify a model for coordinating production, energy, and market circuits; and regulatory-legal analysis – to determine the institutional boundaries of management decisions within the context of current legislation and the rules governing the electricity market. Findings. A theoretical conceptualization of the management of renewable generation facilities in the agro-industrial complex has been developed as an integrated architecture for coordinating an enterprise’s production, energy, and institutional-market systems. It has been substantiated that, in the context of the decentralization of the electric power industry, the development of active consumer modes, commercial metering, and balancing, renewable generation is transforming from a supplementary element of energy supply into a structural component of the economic system of a business entity in the agricultural sector. The evolution of scientific approaches to the interpretation of renewable generation has been analyzed, and their fragmentary nature within the context of agricultural specificity has been established, which necessitates an integrated theoretical model. It has been determined that the characteristics of agro-industrial production – seasonal demand, biologically determined technological cycles, and the presence of bioenergy flows – form a multi-level management system in which technical controllability, economic rationality, and regulatory compliance must be considered as interrelated elements. Originality. An architectural management model has been developed based on the coordination of three loops: production, energy, and institutional-market. It has been demonstrated that the essence of managing renewable generation facilities in the agro-industrial complex lies not in maximizing production as an end in itself, but in ensuring system compatibility with the grid infrastructure, minimizing regulatory and market risks, and enhancing the enterprise’s energy resilience. Management principles have been formulated, among which the key ones are legal certainty, measurability, adaptability to variable generation, and process stability. Practical value. The results obtained provide a methodological foundation for further applied research into the mechanisms for integrating renewable energy generation into the production and energy systems of agricultural enterprises. Key words: renewable generation, agro-industrial complex, management, institutional architecture, prosumer, balancing, commercial metering, energy resilience, bioenergy, decentralized energy system.
ORGANIZATIONAL AND ECONOMIC MECHANISMS OF GRANT PROJECT MANAGEMENT IN THE ENERGY INDUSTRY
Sadovska I.B., Nahirska K.Ye., Putsenteilo P.R. ORGANIZATIONAL AND ECONOMIC MECHANISMS OF GRANT PROJECT MANAGEMENT IN THE ENERGY INDUSTRY Purpose. The aim of this article is to establish the theoretical foundations and identify approaches to developing organizational and economic mechanisms for managing grant projects in the energy sector. Methodology of research. The methodological foundation of this study is based on systemic and institutional approaches, which allow for the examination of grant project management as a complex economic phenomenon. Methods of analysis and synthesis were applied to synthesize scientific approaches; comparative analysis was used to examine domestic and international experience. Using a structural-functional approach, the components of the management mechanism were substantiated and the processes of grant project implementation were modeled. Findings. The principles for managing grant projects in the energy sector have been defined. A conceptual model of the organizational and economic mechanism has been developed, covering institutional, financial, organizational, and informational components. A system of indicators for evaluating the effectiveness of grant project implementation has been established, taking into account economic, environmental, and social factors. Originality. The approach to the formation of an organizational and economic mechanism for managing grant projects by integrating a risk-oriented approach, ESG approaches and digital analytical tools has been improved. Theoretical provisions regarding the role of grant funding as a factor in improving energy security and innovative transformation of the industry have gained further development. Practical value. The proposed provisions should be used by energy industry enterprises, state administration bodies and development institutions when implementing and supporting grant projects. Their practical application will contribute to increasing the efficiency of the use of resources, strengthen the transparency of management, minimize risks, and improve the toolkit for achieving the strategic goals of the sustainable development of the state's energy industry. Key words: grant projects, grant activities, energy industry, project management, organizational and economic mechanism, energy security, innovative development, ESG, efficiency, state regulation.