The Influence of the Innovation-Investment Activity on the Regional Competitiveness

This article for the first time uses economic-statistical methods to research interaction of the innovation-investment activity and competitiveness at the level of region. For the complex research of individual and general influence of competitiveness of region and its innovation-investment activity...

Full description

Bibliographic Details
Main Authors: Romanko Olga P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Bodnaruk Iryna R.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2019-04-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2019-4_0-pages-181_188.pdf
Description
Summary:This article for the first time uses economic-statistical methods to research interaction of the innovation-investment activity and competitiveness at the level of region. For the complex research of individual and general influence of competitiveness of region and its innovation-investment activity, the Granger test and correlation-regression analysis are applied. The Granger test gives an opportunity to define causal relationships between the indicators of the innovation-investment activity of region. Pairs of indicators of the innovation-investment regional activity are defined and grouped according to the presence of communication, force and direction of influence. The correlation-regression analysis is used to determine the regional impact of the innovation-investment activity on the competitiveness. The character, closeness of relation and degree of influence of separate innovation-investment indicators on GRP are determined. Based on the actual data of the obtained dependency models of the analyzed indicators, a three-year forecast for the regional management of competitiveness is conducted.
ISSN:2222-4459
2311-116X