STRATEGIC PRIORITIES OF UKRAINE’S INVESTMENT AND INNOVATION DEVELOPMENT IN MODERN INTERNATIONAL ECONOMIC ENVIRONMENT
Keywords:
strategy, investment and innovation development, globalization
Abstract
The research generalizes the approaches towards a country’s investment and innovation development in the modern international economic environment. It analyzes the dynamics of the investment and innovation changes in Ukraine and determines the place of the country in the world rating of poor economic positions. Some basic problems of the investment and innovation development of Ukraine’s economy in international economic conditions are highlighted. An algorithm of preparing, making and realizing investment and innovation decisions at Ukraine’s enterprises is developed considering the system impact of factors on the development of national and foreign business entities. The authors define and substantiate some strategic priorities and suggest a strategy of Ukraine’s investment and innovation development under globalization conditions
References
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Kuen-Hung, Tsai, Yi-Chuan, Liao and Teresa, Tiaojung, Hsu. (2015). Does the use of knowledge integration mechanisms enhance product innovativeness? Industrial Marketing Management, 214-223. doi.org/10.1016/j.indmarman.2015.02.030. [in English].
Mendell, S., Ennis, D. (1985). Looking at innovation strategies. Research Management, 28(3), 33. [in English].
Najafi-Tavani, Zh., Zaefarian, G., Henneberg, Stephan, C., Naudé, P., Giroud, A., Andersson, U. (2015). Subsidiary Knowledge Development in Knowledge-Intensive Business Services: A Configuration Approach. Journal of International Marketing, Vol. 23, No. 4, 22-43. doi: http://dx.doi.org/10.1509/jim.14.0150. [in English].
Pisano, Gary P. (2015). You Need an Innovation Strategy. Harvard Business Review. [Electronic resource]. Retrieved from https://hbr.org/2015/06/you-need-an-innovation-strategy. [in English].
Pogodina, T.V., Veselovsky, M.Y., Abrashkin, M.S., Aleksakhina, V.G. (2015). Improvement of the innovative capacity of a socioeconomic system based on the development of the cluster approach. Asian Social Science, 11(1), 304-312. in Russian.
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Ukraine-EU Agreement on Ukraine’s participation in the EU programme “Horizon 2020” (Framework Programme for Research and Innovations for 2014-2020). [Electronic resource]. Retrieved from http://www. zakon2.rada.gov.ua/laws/show/984_018. [in Ukrainian].
Westland, J. C. (2017). Emerging Platforms for Innovation: Chapter published in Global Innovation Management. 249 to 274. doi.org/10.1057/978-1-137-52019-7_11. [in English].
World Economic Forum Report. (2014-2015). [Electronic resourse]. Retrieved from http://www.weforum.org/reports/2014/2015. [in English].
Bartoloni, E., Baussola, M. (2017). Driving business performance: innovation complementarities and persistence patterns. Industry and Innovation, Vol. 1-21. doi.org/10.1080/13662716.2017.1327843. [in English].
Freeman, C., Soete, L. (1997). The Economics of Industrial Innovation. London: Pinter. [in English].
Geyets, V. M. (2014). Institutional conditioning of innovative processes in the industrial development of Ukraine. Ukrainian Economy, Vol. 12 (637), 4-19 in Ukrainian.
Goffin, K., Mitchell, R. (2017). Developing an Innovation Strategy. Understanding Innovation and Innovation Management. Chapter published Innovation Management. 108-150. doi.org/10.1057/978-1-137-37344-1_4. [in English].
Goffin, K., Mitchell, R. (2017). Understanding Innovation and Innovation Management. Chapter published Innovation Management. 1-40. doi.org/10.1057/978-1-137-37344-1_1. [in English].
Hlaziev, S.Y. (2010). The strategy of advanced development of Russia in conditions of global crisis. Monograph. Moscow: Economics. in Russian.
Ivanova, N.V. (2014). The investment component of the model of development of innovative economy of Ukraine. Efficient Economy, Vol. 5, 35-39. [Electronic resource]. Retrieved from http://www.economy.nayka.com.ua/?op=1&z=3005 in Ukrainian.
Izmaylov, Y. O. (2014). Formation of theoretical fundamentals and strategy of investment-innovative economic development at macro and micro level in globalization context. doi.org/10.23856/2002 in Ukrainian.
Junfeng, Zh., Di Benedetto, A., Hoenig, C., Scott. (2009). Product Development Strategy. Product Innovation Performance and the Mediating Role of Knowledge Utilization: Evidence from Subsidiaries in China. Journal of International Marketing, Vol. 17, No. 2, 42-58. doi.org/10.1509/jimk.17.2.42. [in English].
Kuen-Hung, Tsai, Yi-Chuan, Liao (2017). Capacity and the Implementation of Eco-innovation: Toward a Contingency Perspective. Journal Article published Business Strategy and the Environment, 214-223. doi.org/10.1002/bse.1963. [in English].
Kuen-Hung, Tsai, Yi-Chuan, Liao and Teresa, Tiaojung, Hsu. (2015). Does the use of knowledge integration mechanisms enhance product innovativeness? Industrial Marketing Management, 214-223. doi.org/10.1016/j.indmarman.2015.02.030. [in English].
Mendell, S., Ennis, D. (1985). Looking at innovation strategies. Research Management, 28(3), 33. [in English].
Najafi-Tavani, Zh., Zaefarian, G., Henneberg, Stephan, C., Naudé, P., Giroud, A., Andersson, U. (2015). Subsidiary Knowledge Development in Knowledge-Intensive Business Services: A Configuration Approach. Journal of International Marketing, Vol. 23, No. 4, 22-43. doi: http://dx.doi.org/10.1509/jim.14.0150. [in English].
Pisano, Gary P. (2015). You Need an Innovation Strategy. Harvard Business Review. [Electronic resource]. Retrieved from https://hbr.org/2015/06/you-need-an-innovation-strategy. [in English].
Pogodina, T.V., Veselovsky, M.Y., Abrashkin, M.S., Aleksakhina, V.G. (2015). Improvement of the innovative capacity of a socioeconomic system based on the development of the cluster approach. Asian Social Science, 11(1), 304-312. in Russian.
The official website of Civil Service of Statistics of Ukraine. (n.d). [Electronic resource]. Retrieved from http://www.ukrstat.gov.ua. [in Ukrainian].
Uhina, A.V. (2016). Innovative investment-growth factors the Economic. Economic science, Vol. 2, 197-199. [Electronic resource]. Retrieved from http://economy.science-review.ru/ru/article/view?id=809 in Russian.
Ukraine-EU Agreement on Ukraine’s participation in the EU programme “Horizon 2020” (Framework Programme for Research and Innovations for 2014-2020). [Electronic resource]. Retrieved from http://www. zakon2.rada.gov.ua/laws/show/984_018. [in Ukrainian].
Westland, J. C. (2017). Emerging Platforms for Innovation: Chapter published in Global Innovation Management. 249 to 274. doi.org/10.1057/978-1-137-52019-7_11. [in English].
World Economic Forum Report. (2014-2015). [Electronic resourse]. Retrieved from http://www.weforum.org/reports/2014/2015. [in English].
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Published
2017-10-18
How to Cite
Izmaylov, Y., Znotina, D., & Puriy, H. (2017). STRATEGIC PRIORITIES OF UKRAINE’S INVESTMENT AND INNOVATION DEVELOPMENT IN MODERN INTERNATIONAL ECONOMIC ENVIRONMENT. Scientific Journal of Polonia University, 24(5), 39-51. https://doi.org/10.23856/2405
Section
Articles
