Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War Priorities

The article reveals the content of innovation processes in the 1990s and early 2000s, which were characterized by a permanent deficit of financing the production and introduction of modern technologies; low efficiency of implementation of the government or regional scientific and technical programs;...

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Main Author: Matrunchyk Dmytro M.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2023-07-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2023-7_0-pages-42_50.pdf
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author Matrunchyk Dmytro M.
author_facet Matrunchyk Dmytro M.
author_sort Matrunchyk Dmytro M.
collection DOAJ
description The article reveals the content of innovation processes in the 1990s and early 2000s, which were characterized by a permanent deficit of financing the production and introduction of modern technologies; low efficiency of implementation of the government or regional scientific and technical programs; weakening the relationship between education, science, and production. It is found that in the regional context there is a significant gap between the largest and smallest number of innovation-active industrial enterprises, owing to the peculiarities of the inter-regional division of labor, the level of scientific and technical potential, the level of concentration of industrial and financial capital. It is identified that the negative impact on the dynamics of financing innovation activity in industry has led to the lack of a modern institutional environment for attracting funds from domestic and foreign investors in the development of innovative infrastructure of industrial enterprises, as well as in new types of product and process innovations. It is substantiated that the processes of innovative transformation of both the national economy and economy of regions of Ukraine are slow due to the lack at the regional level of a modern system of regulatory influence on innovation processes, which would stimulate the development of innovation infrastructure and comprehensive modernization and reconstruction of the fixed capital of the structure-forming units of regional economic complexes. It is proved that the formation of priorities for innovative transformation of regional economic complexes in the wartime and post-war conditions should be based on the need to strengthen the country’s defense capability by increasing the production of weapons and military equipment. Studies have shown that the post-war recovery of the national economy and the economy of Ukraine’s regions should also be accompanied by innovative transformations in the sphere of rational use of natural resources and environmental protection, which will allow attracting funds from global ecological funds and foreign governments for the purposes of modernization of the national economic complex.
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spelling doaj.art-7e87ebc63eb1426baa12b1921955a5f52023-09-09T15:10:10ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2023-07-017546425010.32983/2222-4459-2023-7-42-50Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War PrioritiesMatrunchyk Dmytro M.0https://orcid.org/0000-0002-8173-2582Lutsk National Technical UniversityThe article reveals the content of innovation processes in the 1990s and early 2000s, which were characterized by a permanent deficit of financing the production and introduction of modern technologies; low efficiency of implementation of the government or regional scientific and technical programs; weakening the relationship between education, science, and production. It is found that in the regional context there is a significant gap between the largest and smallest number of innovation-active industrial enterprises, owing to the peculiarities of the inter-regional division of labor, the level of scientific and technical potential, the level of concentration of industrial and financial capital. It is identified that the negative impact on the dynamics of financing innovation activity in industry has led to the lack of a modern institutional environment for attracting funds from domestic and foreign investors in the development of innovative infrastructure of industrial enterprises, as well as in new types of product and process innovations. It is substantiated that the processes of innovative transformation of both the national economy and economy of regions of Ukraine are slow due to the lack at the regional level of a modern system of regulatory influence on innovation processes, which would stimulate the development of innovation infrastructure and comprehensive modernization and reconstruction of the fixed capital of the structure-forming units of regional economic complexes. It is proved that the formation of priorities for innovative transformation of regional economic complexes in the wartime and post-war conditions should be based on the need to strengthen the country’s defense capability by increasing the production of weapons and military equipment. Studies have shown that the post-war recovery of the national economy and the economy of Ukraine’s regions should also be accompanied by innovative transformations in the sphere of rational use of natural resources and environmental protection, which will allow attracting funds from global ecological funds and foreign governments for the purposes of modernization of the national economic complex.https://www.business-inform.net/export_pdf/business-inform-2023-7_0-pages-42_50.pdfinnovative transformationpost-war perioddefense capabilityscientific and technical programsregional economic complexinnovation infrastructure.
spellingShingle Matrunchyk Dmytro M.
Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War Priorities
Bìznes Inform
innovative transformation
post-war period
defense capability
scientific and technical programs
regional economic complex
innovation infrastructure.
title Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War Priorities
title_full Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War Priorities
title_fullStr Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War Priorities
title_full_unstemmed Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War Priorities
title_short Innovative Transformation of the Economy of Ukrainian Regions: The Pre-War Retrospective and Post-War Priorities
title_sort innovative transformation of the economy of ukrainian regions the pre war retrospective and post war priorities
topic innovative transformation
post-war period
defense capability
scientific and technical programs
regional economic complex
innovation infrastructure.
url https://www.business-inform.net/export_pdf/business-inform-2023-7_0-pages-42_50.pdf
work_keys_str_mv AT matrunchykdmytrom innovativetransformationoftheeconomyofukrainianregionstheprewarretrospectiveandpostwarpriorities