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...

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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
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author Romanko Olga P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor,
Bodnaruk Iryna R.
author_facet Romanko Olga P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor,
Bodnaruk Iryna R.
author_sort Romanko Olga P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor,
collection DOAJ
description 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.
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spelling doaj.art-1d90e3e1c889495384ec1eb70e365f482022-12-21T22:49:24ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2019-04-01449518118810.32983/2222-4459-2019-4-181-188The Influence of the Innovation-Investment Activity on the Regional CompetitivenessRomanko Olga P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, 0Bodnaruk Iryna R.1Ivano-Frankivsk National Technical University of Oil and GasIvano-Frankivsk National Technical University of Oil and GasThis 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.http://www.business-inform.net/export_pdf/business-inform-2019-4_0-pages-181_188.pdfcorrelation-regression analysisinnovation-investment activity of regioncompetitiveness of region
spellingShingle Romanko Olga P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor,
Bodnaruk Iryna R.
The Influence of the Innovation-Investment Activity on the Regional Competitiveness
Bìznes Inform
correlation-regression analysis
innovation-investment activity of region
competitiveness of region
title The Influence of the Innovation-Investment Activity on the Regional Competitiveness
title_full The Influence of the Innovation-Investment Activity on the Regional Competitiveness
title_fullStr The Influence of the Innovation-Investment Activity on the Regional Competitiveness
title_full_unstemmed The Influence of the Innovation-Investment Activity on the Regional Competitiveness
title_short The Influence of the Innovation-Investment Activity on the Regional Competitiveness
title_sort influence of the innovation investment activity on the regional competitiveness
topic correlation-regression analysis
innovation-investment activity of region
competitiveness of region
url http://www.business-inform.net/export_pdf/business-inform-2019-4_0-pages-181_188.pdf
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