Activation of innovative and investment activities of industrial enterprises at the current stage

Radynsky, Sergii
Kolinets, Lesya

Ternopil Ivan Puluj National Technical University 46001, Ternopil, 56 Ruska Street, Ukraine
Vilnius Gediminas Technical University, Vilnius, Lithuania, Sauletekio al. 11, LT-10223

Radynskyi, S. & Kolinets, L. (2023) Activation of innovative and investment activities of industrial enterprises at the current stage. Socio-Economic Problems and the State (electronic journal), Vol. 29, no. 2, pp. 102-110. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2023/23rsvnse.pdf

Scientific Journal "Socio-Economic Problems and the State"

2(29)

Dec-2023

Oct-2023

29-Dec-2023

Ternopil Ivan Puluj National Technical University

UA

https://orcid.org/0000-0002-5457-0143
https://orcid.org/0000-0002-7005-0519

https://doi.org/10.33108/sepd2023.02.102

332.1

E22

investment
innovation activity
gross domestic product
industrial enterprise
innovation costs
Global Innovation Index

102-110

102

110

Peculiarities of the industrial enterprises’ investment and innovation activities implementation in Ukraine are examined. A comprehensive analysis of the investment and innovation processes development in Ukraine is carried out. In particular, the dynamics of capital investments and their relationship with Ukraine's GDP as well as foreign direct investment into the economy of Ukraine are analyzed. An analysis of innovative activity in Ukraine is carried out. In particular, the dynamics of indicators characterizing innovative activity (the number of innovatively active industrial enterprises, expenditures on innovations of industrial enterprises, the number of industrial enterprises introducing innovations (products and/or technological processes), the number of introduced innovative products (goods, services) of industrial enterprises, the volume of innovative industrial products (goods, services) sold are studied. The main factors affecting the innovation and investment activity of industrial enterprises at the present stage, in particular, military aggression, imperfection and ineffectiveness of state regulatory mechanisms, low development of the stock market, decrease in economic potential are identified. Ukraine's place in the Global Innovation Index for the period 2017-2022 is analyzed. The main problems that have a significant impact on investment activity and innovative activity in our country are identified. The problem of the impact of the war in Ukraine on investment and innovation activity in the country is studied. Measures to increase the effectiveness of state regulation of investment and innovation processes in Ukraine, the formation of a stimulating and active state investment and innovation policy through preferential lending mechanisms, state guarantees of investment attraction, improvement of the legal framework and elimination of conflicts in the current legislation regulating investment and innovation processes in the country are proposed.

The authors received no direct funding for this research.

http://elartu.tntu.edu.ua/handle/lib/43200

2223-3822

Scientific Journal "Socio-Economic Problems and the State"

http://sepd.tntu.edu.ua/images/stories/pdf/2023/23rsvnse.pdf
https://www.ukrstat.gov.ua/
https://index.minfin.com.ua/ua/economy/fdi/
http://www.ukrstat.gov.ua/druk/publicat/kat_u/2021/zb/11/Yearbook_2020.pdf
https://www.globalinnovationindex.org/about-gii#reports

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Article

Scientific Journal "Socio-Economic Problems and the State", Vol.29, No.2