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ECONOMICS & SOCIOLOGY


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The Influence of the Industry’s Innovation Activities Indices on the Industrial Products’ Revenue of Ukraine

Vol. 11, No 4, 2018

Olha Ilyash,

 

The National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute", Kyiv, Ukraine,

Nicolaus Copernicus University, Torun, Poland

E-mail: oliai@meta.ua

ORCID: 0000-0002-7882-3942

The Influence of the Industry’s Innovation Activities Indices on the Industrial Products’ Revenue of Ukraine 

 

Iryna Dzhadan,

 

National Institute for Strategic Studies,

Kyiv, Ukraine,

E-mail: dzhadan.i@bigmir.net

ORCID 0000-0003-3887-4312


Grzegorz Ostasz,

 

Rzeszow University of Technology,

Rzeszów, Poland,

E-mail: gost@prz.edu.pl

ORCID 0000-0002-7785-9302


 


 


 

Abstract. The article determines the scientific and methodological prerequisites for studying the influence of the industry’s innovation potential indices on the industrial products’ revenue of Ukraine. The analysis of the main indices of industrial and technological development that influence the industry’s development is conducted. The major problems of the industry’s functioning and development are revealed. Direct foreign investments in the Ukrainian industry and direct Ukrainian investment in professional, scientific and technical activities of the world are investigated. It is established that Ukraine often finances the scientific and technological progress of other countries, at the same time remaining raw-oriented. The export of high-tech products in Ukraine and other countries of the world is analysed. Assessment of the level of dependence of the world economies’ competitiveness on the development of innovations is carried out along with the assessment of effectiveness of the innovation potential implementation in Ukrainian industry during 2005-2016. The mathematical model of correlation between the industrial products’ revenue and the indices of the innovation potential development of the Ukrainian industry is proposed. The results of the analysis of the innovation development indices, calculated for each factor of linear, power and multiple models are obtained. The ratio between the influence of innovation activities indices and the index of the industrial products’ revenue is elaborated.

 

Received: April, 2018

1st Revision: June, 2018

Accepted: October, 2018

 

DOI: 10.14254/2071-789X.2018/11-4/21

JEL ClassificationE17, E23

Keywords: innovation development, industrial production, industry’s innovation activities, effectiveness of the innovation potential, industrial products’ revenue, the volume of sold industrial products