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Evaluation of the institutional development of innovative activities to ensure the economy of the state

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Category: Content №3 2024

Last Updated on 28 June 2024

Published on 30 November -0001

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Authors:

S.Dotsiuk, orcid.org/0000-0002-4021-8018, Vinnytsia National Agrarian University, Vinnytsia, Ukraine; e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

I.Chikov*, orcid.org/0000-0002-2128-5506, Vinnytsia National Agrarian University, Vinnytsia, Ukraine; e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

O.Shevchenko, orcid.org/0000-0001-5770-8278, National University “Yuri Kondratyuk Poltava Polytechnic”, Poltava, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

V.Nitsenko, orcid.org/0000-0002-2185-0341, INTI International University, Putra Nilai, Malaysia; Ivano-Frankivsk National Technical Oil and Gas University, Ivano-Frankivsk, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

N.Gerasymchuk, orcid.org/0000-0002-3931-5320, Poltava State Agrarian University, Poltava, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

M.Demydova, orcid.org/0000-0002-0820-5874, Dnipro State Agrarian and Economic University, Dnipro, Ukraine; e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

* Corresponding author 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. 2024, (3): 171 - 180

https://doi.org/10.33271/nvngu/2024-3/171

Abstract:

Purpose. The purpose of the study is to develop a methodology for identifying the institutional development of innovative activity to meet the needs of the national economy.

Methodology. The following general scientific and special research methods were used in the research: monographic, logical-theoretical, statistical, economic-mathematical, system analysis, computational-analytical, abstract-logical methods, and generalization.

Findings. According to the methodology of the analysis of the operating environment, the state of institutional development of innovative activity in Ukraine is determined by the construction of the direction of effective development of the national economy in the context of the formation of GDP by capital investments and the number of people employed in the national economy. It was determined that the efficiency line indicates the trends in the formation of innovative activity in the operating environment, which corresponds to the theoretical basis of the Cobb-Douglas-Tinbergen production function for the economy of Ukraine.

Originality. For the first time, the mathematical apparatus of the Cobb-Douglas-Tinbergen production function has been tested to determine the level of scientific and technological progress of Ukraine. The methodological provisions of the analysis of the institutional development of innovative activity to meet the needs of the national economy on the basis of the formation of the functioning environment according to the macroeconomic indicators of Ukraine have gained further development.

Practical value. The results can be used in the design and implementation of effective strategies for innovative development, as well as the formation of a policy to promote innovation activity in the modern economy. The data obtained in the course of the study can serve as a basis for the development of recommendations and tools aimed at creating a favorable institutional environment for innovation activity, which will contribute to increasing the competitiveness of the national economy.

Keywords: institutional development, innovative activity, state economy, evaluation

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