UDC 332.122:[330.322+330.341.1]:330.837; JEL M11, O14, O16, R58
Lutskiv, O., & Popadynets, N. (2019). Problemy instytutsiyno-orhanizatsiynoho zabezpechennya investytsiyno-innovatsiynoho rozvytku v rehioni [Problems of institutional-organizational maintenance of investment-innovative development in a region]. In Sotsial'no-ekonomichni problemy suchasnoho periodu Ukrayiny [Socio-Economic Problems of the Modern Period of Ukraine]: Vol. 135 (1) (pp. 33-37). DOI: https://doi.org/10.36818/2071-4653-2019-1-7. [in Ukrainian].
Sources: 10

Authors



Lutskiv Olena Mykolayivna

Ph.D. of Economics, Senior Researcher

Senior Researcher, Scientific Secretary of the unit of the Department of regional economic policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: lutolen@i.ua, (032)270-7089

Webpages:

Popadynets Nazariy Mykolayovych

Ph.D. of Economics

Senior Researcher of the Department of regional economic policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: popadynets.n@gmail.com, (032)270-7089, (096)945-9098

Webpages:

Resume

The paper dwells on the issues of institutional assistance to investment-innovative development in Ukraine. The paper emphasizes that low level of investment-innovative activity in Ukrainian regions is the major obstacle to economic development. It is caused, on one hand, by the low efficiency of separately functioning innovation sphere, innovative infrastructure and innovative entrepreneurship, and on the other hand – insufficient and inefficient institutional maintenance of innovative activity. The paper aims to research the features and problems of institutional maintenance of investment-innovative development in a region and to find the ways of its improvement. The authors mention that institutional maintenance of investment and innovative activity is the set of state and non-governmental institutions, which provide the availability of legal, organizational and economic conditions necessary to conduct and develop investment and innovative activity. The major tasks of institutional maintenance of innovative development in Ukraine are analyzed, including the creation of favourable entrepreneurship climate in the regions to absorb innovations and form consumers’ demand for innovative products, conditions of development of knowledge production basis, efficient system of financial provision of innovative process and efficient innovative capacity, etc. Main legal and regulative acts that provide the foundations of economic development in Ukraine are analyzed. The paper emphasizes that despite many legal and regulative acts directed at support of innovative development, the forming of legal basis of innovative activity in Ukraine is not complete. It is fragmentary, controversial and not fully corresponding to the foundations of innovative and smart economy. Therefore, it requires the review in terms of its improvement. European experience of approaches, principles, forms and methods applied in institutional system is examined. EU innovative strategies provide for efficient functioning of innovative economy model, granting tax and credit preferences, target funding of certain innovations, public procurement, restructuring and modernization of public enterprises, use of venture capital, creation and development of new innovative structures.

Keywords:

institutional maintenance, institutional changes, institutions, investment-innovative development, regulative basis, innovative infrastructure

References


1. Dovidka shchodo stanu instytutsiynoho zabezpechennya investytsiynoyi ta innovatsiynoyi diyal’nosti v Ukrayini [Reference on the state of institutional provision of investment and innovation activities in Ukraine] (2018). Ministry of Economic Development and Trade of Ukraine: Website. Retrieved from http://me.kmu.gov.ua/control/publish/article/main?art_id=127481&cat_id=127480 [in Ukrainian].
2. Heyets, V. M., et al. (Eds.) (2015). Innovatsiyna Ukrayina 2020 [Innovative Ukraine 2020]: National report. Kyiv. [in Ukrainian].
3. Zaburannyy, S. V. (2015). Instytutsiyne zabezpechennya innovatsiynoyi diyal’nosti v ahrarniy sferi [Institutional provision of innovative activity in the agrarian sector]. Efektyvna ekonomika – Effective economy, 9. Retrieved from http://www.economy.nayka.com.ua/?op=1&z=4316 [in Ukrainian].
4. Zhuk, M. (2015). Zabezpechennya funktsionuvannya innovatsiynoyi infrastruktury v umovakh pohlyblennya intehratsiyi. In Efektyvnist’ derzhavnoho upravlinnya [Efficiency of public administration]: Vol. 44 (pp. 64-72). [in Ukrainian].
5. Vodopyanova, Ye. (2014). Yevropa v poiskakh innovatsiy [Europe in search of innovation]. Sovremennaya Yevropa – Modern Europe, 2, 29-36. [in Russian].
6. Lutskiv, O. M., & Maksymchuk, M. V. (2014). Instytutsiyne seredovyshche rehional’noyi strukturnoyi polityky [The institutional environment of regional structural policy]. Rehional’na ekonomika – Regional economy, 3, 37-47. [in Ukrainian].
7. The new High-Tech Strategy. Innovations for Germany (2014). Federal Ministry of Education and Research: Website. Retrieved from http://www.bmbf.de/pub/HTS_Broschuere_engl_bf.pdf
8. Lysetska, N. M. (2016). Dynamizatsiya instytutsiynykh instrumentiv u systemi efektyvnoho stvorennya natsional’noyi innovatsiynoyi modeli: svitovyy dosvid [Dynamic institutional tools in the system of effective creation of a national innovation model: world experience]. Retrieved from …/Piir_2016_9_15.pdf [in Ukrainian].
9. Naukova ta innovatsiyna diyal’nist’ [Scientific and innovative activities]: Statistical publication (2016). Kyiv: State Statistics Service of Ukraine. [in Ukrainian].
10. Eurostat – statistical office of the Europe (2017). Eurostat: Website. Retrieved from http://epp.eurostat.ec.europa.eu/portal/page/portal/statistics/search_database