Forecasting the innovation of Ukraine’s economic development in a global dimension

User Rating:  / 1
PoorBest 

Authors:


Yu.V.Honcharov*, orcid.org/0000-0002-3800-8038, Academician Stepan Demianchuk International University of Economics and Humanities, Rivne, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

M.V.Dykha, orcid.org/0000-0003-4405-9429, Khmelnytskyi National University, Khmelnytskyi, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

V.Voronina, orcid.org/0000-0002-2434-4591, Poltava State Agrarian University, Poltava, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

A.Milka, orcid.org/0000-0003-1394-6746, Higher Educational Establishment of Ukoopspilka “Poltava University of Economics and Trade”, Poltava, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

N.Klymenchukova, orcid.org/0000-0003-0611-4343, National Academy of Management, Kyiv, Ukraine

* Corresponding author e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


повний текст / full article



Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2023, (1): 174 - 181

https://doi.org/10.33271/nvngu/2023-1/174



Abstract:



Purpose.
To analyze the state and trends of innovative development of the countries of the world, to define the place of Ukraine in the international arena and forecast its innovation.


Methodology.
The methodological basis was formed by general scientific theoretical methods: generalization, explanation, grouping; statistical method (for a comprehensive assessment of the state and trends of innovative activity of the economies of the countries of the world and Ukraine); methods of analysis and synthesis, economic and mathematical methods of forecasting, methods of abstraction and visualization (for a visual demonstration of the actual data and the results of the study).


Findings.
The level of innovativeness of the world’s economies and Ukraine’s position in the ranking of the Global Innovation Index (GII) are analyzed. The positive/stimulating influence of globalization processes on the spread of innovations, as well as discriminatory methods of innovative development (“dumping” of second-order technologies in developing countries) are noted. The GII forecast is determined using a regression model of the dependence of this indicator on the specific weight of innovation-active enterprises in the total number of industrial enterprises and innovation costs. The forecasting results showed a slight downward trend in the value of the GII of Ukraine. It is argued that in order to increase the level of innovativeness of the national economy, to strengthen Ukraine’s competitive position, and taking into account the fact that the economies of other countries do not stop in their development, it is necessary to significantly intensify innovative activity in Ukraine.


Originality.
A scientific-methodical approach to predicting the innovativeness of economic development is proposed depending on the specific weight of innovatively active enterprises in the total number of industrial enterprises and innovation costs. There is an opportunity to carry out predictive and planning calculations of the selected forecasting object, to investigate the behavior of the macroeconomic system in the context of the innovativeness of its development, to make adjustments to the strategic management system at the state level in order to stimulate innovative processes and influence the results of the innovative development of Ukraine in the global dimension.


Practical value.
The proposed scientific-methodical approach makes it possible to assess the trends of the level of innovativeness of development in the future and becomes an informative basis for developing a system of measures for the activation of innovative activity.



Keywords:
economic development, innovation, Global Innovation Index, rating, forecasting

References:


1. Vyshnivska, B. V. (2016). Innovative development of Ukraine. Naukovyi Visnyk Natsionalnoho Universytetu Bioresursiv i Pryrodokorystuvannia Ukrainy. Seriia: Ekonomika, ahrarnyi menedzhment, biznes, 244, 183-191.

2. Zhang, H., Veltri, A., Calvo-Amodio, J., & Haapala, K. (2020). Making the business case for sustainable manufacturing in small and medium-sized manufacturing enterprises: A systems decision making approach. Journal of Cleaner Production, 287. https://doi.org/10.1016/j.jclepro.2020.125038.

3. Dykha, M. V., Tanasiienko, N. P., & Kolisnyk, G. M. (2017). Ensuring of labor productivity growth in the context of investment and innovation activity intensification. Problems and Perspectives in Management, 15(4), 197-208. https://doi.org/10.21511/ppm.15(4-1).2017.04.

4. Alekseenko, V., Seredina, N., & Kosaynova, V. (2019). Integrated Assessment of Leading Strategic Sustainability for Integrated Business Structures. In Sustainable Leadership for Entrepreneurs and Academics, (pp. 201-212). Springer, Cham. https://doi.org/10.1007/978-3-030-15495-0_21.

5. Brockova, K., Rossokha, V., Chaban, V., Zos-Kior, M., Hnatenko, I., & Rubezhanska, V. (2021). Economic mechanism of optimizing the innovation investment program of the development of agro-industrial production. Management Theory and Studies for Rural Business and Infrastructure Development, 43(1), 129-135. https://doi.org/10.15544/mts.2021.11.

6. Krulický, T., Horák, J., & Skulcova, K. (2021). Business valuation in times of crisis. SHS Web of Conferences, 91. https://doi.org/10.1051/shsconf/20219101039.

7. Hrypynska, N. V., Dykha, M. V., Korkuna, N. M., & Tsehe­lyk, H. H. (2020). Applying Dynamic Programming Method to Solving the Problem of Optimal Allocation of Funds between Projects. Journal of Automation and Information Sciences, 52(1), 56-64. https://doi.org/10.1615/JAutomatInfScien.v52.i1.60.

8. Pedchenko, N., Strilec, V., Kolisnyk, G. M., Dykha, M. V., & Frolov, S. (2018). Business angels as an alternative to financial support at the early stages of small businesses’ life cycle. Investment Management and Financial Innovations, 15(1), 166-179. https://doi.org/10.21511/imfi.15(1).2018.15.

9. Zos-Kior, М., Kuksa, I., Samoilyk, I., & Storoška, M. (2017). Methodology for assessing the countries’ globalization development. Economic Annals-XXI, (11-12), 4-8. https://doi.org/10.21003/ea.V168-01.

10. Global Innovation Index (n.d.). Retrieved from https://www.globalinnovationindex.org.

11. Internal Market, Industry, Entrepreneurship and SMEs. (n.d.). Retrieved from http://ec.europa.eu/growth/industry/innovation/facts-figures/scoreboards_en.

12. Global Competitiveness Index (n.d.). Retrieved from https://countryeconomy.com/government/global-competitiveness-index.

13. Knowledge for Development Community (n.d.). Retrieved from https://www.worldbank.org/en/news/feature/2016/10/20/knowledge-for-development-community.

14. THE GLOBAL INNOVATION INDEX 2020 (n.d.). Retrieved from https://www.wipo.int/edocs/pubdocs/en/wipo_pub_gii_2020-chapter1.pdf.

15. Brou, D., & Ruta, M. (2011). Economic integration, political integration or both? Journal of the European Economic Association, 9(6), 1143-1167.

16. State Statistics Service of Ukraine (n.d.). Retrieved from http://ukrstat.gov.ua/.

17. Hovorukha, V. B., & Tkachova, O.K. (2017). Mathematical methods and forecasting models in foreign economic activities. Pytannia prykladnoi matematyky i matematychnoho modeliuvannia, 17, 54-61.

 

Visitors

6307138
Today
This Month
All days
929
42330
6307138

Guest Book

If you have questions, comments or suggestions, you can write them in our "Guest Book"

Registration data

ISSN (print) 2071-2227,
ISSN (online) 2223-2362.
Journal was registered by Ministry of Justice of Ukraine.
Registration number КВ No.17742-6592PR dated April 27, 2011.

Contacts

D.Yavornytskyi ave.,19, pavilion 3, room 24-а, Dnipro, 49005
Tel.: +38 (056) 746 32 79.
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
You are here: Home Authors and readers EngCat Archive 2023 Content №1 2023 Forecasting the innovation of Ukraine’s economic development in a global dimension