Financing innovation activity in Ukraine: Realities and perspectives

Artikel

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.

Object Details

• Language: Englisch

References and Relationships

• 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 and Topics

• 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

Contributors, Places and Time

• 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

Further information

• Handle: http://hdl.handle.net/10419/267876
• Last update: 10.03.2025, 11:43 AM CET