Innovation- and Technology-Driven Development of Economy: Strategic Imperatives for Realizing Regional Development Capacity

Authors

DOI:

https://doi.org/10.15407/scine18.04.041

Keywords:

economic growth, innovation and technological factor of competitiveness, strategic priorities, interregional disparities

Abstract

Introduction. The qualitative identification of the level of innovation and technology development in a country and regional disparities of this level requires the formation of better information and analytical support of govern ment policy.
Problem Statement. The study deals with the problem of regional disparities in innovation and technology development of the national economy of Ukraine, factors for their formation, as well as with the determination of strategic imperatives, tools, and means of government policy to intensify innovation and technology activities in regional development policy systems.
Purpose. The purpose of this research is to substantiate, from a scientific standpoint, the innovation and technology aspects of the economic development and to identify the strategic imperatives for equalizing interregional disparities.
Materials and Methods. The correlation-and-regression, system, structural, and statistical analysis and grouping, theories of economic growth, modern concepts of transitional economic systems have been used as a methodological framework of the study.
Results. The authors’ methods for analyzing the level of innovation- and technology-driven development and identifying the interregional disparities of innovation- and technology-driven growth of the national economy have been developed and tested. Based on the integral values of innovation- and technology-led growth of the regions, the nature of interregional disparities in the analyzed area has been identified and explained. Six groups of regions of Ukraine in accordance with the values of the integrated index of innovation- and technology-driven development of regional economies have been identified. The strategic imperatives of further innovation and technology development for each group have been determined.

Conclusions. The scientific and methodological principles and practical recommendations set out in the study aim at improving the efficiency of the national economy, ensuring its sustainable viability, and realizing the potential in the system of international division of labor.

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References

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Published

2022-08-13

How to Cite

Kunytska-Iliash, M., Hrymak, O., Dubyna, M., Berezivskyi , Y., & Zbarska, A. (2022). Innovation- and Technology-Driven Development of Economy: Strategic Imperatives for Realizing Regional Development Capacity. Science and Innovation, 18(4), 41–54. https://doi.org/10.15407/scine18.04.041

Issue

Section

General Questions on Modern Scientific, Technical and Innovation Policy