Artikel

Financing innovation activity in Ukraine: Realities and perspectives

The role of the European Union (EU) in direct investment into the real sector of the Ukrainian economy is discussed in the article. Activity indicators of Ukrainian industrial enterprises are analyzed. Assessment of the attraction of foreign direct investment from the EU to the real sector of the Ukrainian economy is provided. The correlation between the influence of the total amount of expenditures for financing innovation activity of industrial enterprises and gross domestic product of Ukraine in actual prices is calculated and forecasting of these expenditures by applying the theory of Markov chains is carried out. The research on the basis of correlation-regression analysis between the total amount of expen-ditures for financing innovation activity of industrial enterprises and gross domestic pro-duct of Ukraine in actual prices for the period of 2013-2017 made it possible to establish a sufficiently strong correlation between the indicators (the correlation coefficient is 1), which indicates that the positive dynamics of the increase in the total amount of expendi-tures for financing innovation activity of indu-strial enterprises will lead to a positive dyna-mics of Ukraine's gross domestic product in actual prices. This, in turn, will improve pra-ctically all indicators of the industrial activity of the national economy.

Language
Englisch

Bibliographic citation
Journal: Economic Review: Journal of Economics and Business ; ISSN: 1512-8962 ; Volume: 17 ; Year: 2019 ; Issue: 1 ; Pages: 33-46 ; Tuzla: University of Tuzla, Faculty of Economics

Classification
Wirtschaft
Forecasting Models; Simulation Methods
International Investment; Long-term Capital Movements
Macroeconomic Analyses of Economic Development
Innovation and Invention: Processes and Incentives
Subject
investment
innovation activity
Ukraine
gross domestic product
foreign direct investment
Markov chain

Event
Geistige Schöpfung
(who)
Marynenko, Nataliia
Fedyshyn, Iryna
Garmatiy, Natalia
Kramar, Iryna
Event
Veröffentlichung
(who)
University of Tuzla, Faculty of Economics
(where)
Tuzla
(when)
2019

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Marynenko, Nataliia
  • Fedyshyn, Iryna
  • Garmatiy, Natalia
  • Kramar, Iryna
  • University of Tuzla, Faculty of Economics

Time of origin

  • 2019

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