Monitoring the Activities of Industrial Enterprises in the Context of Innovation-Driven Development of Ukraine
Keywords:state regulation, industrial enterprises, innovative products, innovation costs, sales volumes, innovation activity, financing
Introduction. The main condition for the intensification of innovation in Ukraine is the regulatory framework that should ensure the regulation of all mechanisms for the implementation of the innovation process. The manufacture and sale of products created with the use of advanced technologies increase the efficiency of enterprises and their competitiveness in domestic and foreign markets.
Problem Statement. The adoption of regulations has not significantly affected the innovation-driven development of Ukraine’s economy, as indicated by the economic performance of industrial enterprises. Therefore, the issue of enhancing the innovation activities in changing economic conditions requires constant thorough research.
Purpose. The purpose of this research is to study the status of innovation activities of industrial enterprises in Ukraine and to determine the prospects for their further development.
Materials and Methods. Regulatory and legal documents on the innovation activities, statistical data on the number of actively innovating industrial enterprises, the number of new types of innovation products introduced and the scope of their implementation, costs of innovation and sources of innovation financing in Ukraine for the period 2010—2019 have been used to analyze the activities of enterprises.
Results. The status of innovation activities of industrial enterprises has been assessed and the main prospects for their further development have been determined. Most of the goods manufactured and services provided do not meet the modern requirements of consumers, which slows down the dynamics of production and sales. The implementation of program measures in the form of legislative acts regarding tax levers and the creation of an attractive investment climate, innovation infrastructure, and financial support will raise the competitiveness of Ukrainian industrial enterprises.
Conclusions. The use of outdated technologies inhibits the innovation upgrade of the production base of industrial enterprises, the enhancement of the production of modern products and sales revenues. The directions of innovation-driven development, as declared in the regulatory acts, shall be based on tax levers, innovation infrastructure, and financial support.
Chen, Y., Puttitanun, T. (2005). Intellectual property rights and innovation in developing countries. Journal of Development Economics, 78(2), 474-493. URL: https://www.sciencedirect.com/ science/article/abs/pii/S0304387805000635 (Last accessed: 15.06.2021). https://doi.org/10.1016/j.jdeveco.2004.11.005
Aubert, J.-Er. (2005). Promoting Innovation in Developing Countries: A Conceptual Framework. World Bank Institute. URL: https://books.google.com.ua/books (Last accessed: 15.06.2021).
Srholec, М. (2011). A multilevel analysis of innovation in developing countries. Industrial and Corporate Change, 20(6), 1539-1569. URL: https://academic.oup.com/icc/article-abstract/20/6/1539/ 881844 (Last accessed: 15.06.2021). https://doi.org/10.1093/icc/dtr024
Zanello, G. (2015). The creation and diffusion of innovation in developing countries: a systematic literature review. Journal of Economic Surveys, 30(5), 884-912. URL: https://onlinelibrary.wiley.com/ doi/abs/10.1111/joes.12126 (Last accessed: 15.06.2021).
Morrison, A., Pietrobelli, C., Rabellotti, R. (2008). Global Value Chains and Technological Capabilities: A Framework to Study Learning and Innovation in Developing Countries. Oxford development studies, 36(51), 39-58. URL: https://www.tandfonline.com/doi/abs/10.1080/13600810701848144 (Last accessed: 15.06.2021).
Schillo, R. S., Robinson, R. M. (2017). Inclusive Innovation in Developed Countries: The Who, What, Why, and How. Technology Innovation Management Review, 7(7), 34-46. URL: https:// timreview.ca/article/1089 (Last accessed: 15.06.2021). https://doi.org/10.22215/timreview/1089
Marxt, С., Brunner, С. (2013). Analyzing and improving the national innovation system of highly developed countries -The case of Switzerland. Technological Forecasting and Social Change, 80(6), 1035-1049. URL: https://www.sciencedirect.com/science/article/abs/pii/S0040162512001771 (Last accessed: 15.06.2021). https://doi.org/10.1016/j.techfore.2012.07.008
Akcali, В., Sismanoglu, Е. (2015). Innovation and the effect of research and development (R&D) expenditure on growth in some developing and developed countries. Procedia-Social and Behavioral Sciences, 195(6), 768-775. URL: https://www.sciencedirect.com/science/article/pii/S1877042815039531 (Last accessed: 15.06.2021).
Ivanova T. V. (2020). Innovative activity of Ukrainian enterprises as a factor in increasing the level of competitiveness in international markets. Economic bulletin of National technical university of Ukraine «Kyiv polytechnical institute», 17. URL: http://ev.fmm.kpi.ua/article/view/216386 (Last accessed: 15.06.2021) [in Ukrainian].
Voloshchuk, L. O. (2014). Innovative activity and development of industrial enterprises of Ukraine: problems of statistical and economic analysis. Problems of the economy, 4. URL: https://www.problecon.com/export_pdf/problems-ofeconomy-2014-4_0-pages-269_274.pdf (Last accessed: 15.06.2021) [in Ukrainian].
Amosha, O. I. (2017). Innovative development of industrial enterprises in the regions: problems and prospects. Ukraine economy, 3, 20-34 [in Ukrainian].
Zakharova, O. V., Barbanova, I. S. (2019). Regulatory basis for activation of innovative development of regions of Ukraine. Economics and management organization, 1, 53-63 [in Ukrainian].
Koliedina, K. O. (2020). Analysis of innovative activity of industrial enterprises of the Kharkiv region. Business Inform, 10, 67-73. URL: https://www.business-inform.net/article/?year=2020&abstract=2020_10_0_67_73 (Last accessed: 15.06.2021) [in Ukrainian].
Law of Ukraine «About innovative activity». 04.07.2002 № 40-IV. URL: https://zakon.rada.gov.ua/laws/show/40-15- #Text (Last accessed: 15.06.2021) [in Ukrainian].
Resolution of the Verkhovna Rada of Ukraine «On the Recommendations of the Parliamentary Hearings "Strategy of Innovative Development of Ukraine for 2010-2020 in the Conditions of Globalization Challenges». 21.10.2010 № 2632- VI. URL: https://zakon.rada.gov.ua/laws/show/2632-VI#Text (Last accessed: 23.06.2021) [in Ukrainian].
Decree of the Cabinet of Ministers of Ukraine «Strategy for the development of the sphere of innovative activity for the period up to 2030». 10.07.2019 № 526-р. URL: https://zakon.rada.gov.ua/laws/show/526-2019-%D1%80#Text (Last accessed: 02.07.2021) [in Ukrainian].
State Statistics Service of Ukraine. (2019). The main indicators of innovation activity of industrial enterprises, Kyiv. URL: http://www.ukrstat.gov.ua/druk/publicat/kat_u/2020/zb/09/zb_nauka_2019.pdf (Last accessed 22.06.2021).
State Statistics Service of Ukraine. (2019). Implementation of innovations in industrial enterprises. Kyiv. URL: http:// www.ukrstat.gov.ua/ (Last accessed: 15.06.2021).
Law of Ukraine «On investment activity». 18.09.1991 № 1560-XII. URL: https://zakon.rada.gov.ua/laws/show/1560- 12#Text (Last accessed: 17.06.2021) [in Ukrainian].
State Statistics Service of Ukraine. (2019). Sources of financing of innovative activity of industrial enterprises. Kyiv. URL: http://www.ukrstat.gov.ua/ (Last accessed: 23.06.2021).
How to Cite
Authors published in the journal “Science and Innovation” agree to the following conditions:
Authors retain copyright and grant the journal the right of first publication.
Authors may enter into separate, additional contractual agreements for non-exclusive distribution of the version of their work (article) published in the journal “Science and Innovation” (for example, place it in an institutional repository or publish in their book), while confirming its initial publication in the journal “Science and innovation.” Authors are allowed to place their work on the Internet (for example, in institutional repositories or on their website).