FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVES

he 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 Uk...

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Main Authors: Nataliia Marynenko, Iryna Fedyshyn, Natalia Garmatiy, Iryna Kramar
Format: Article
Language:English
Published: Faculty of Economics, University of Tuzla 2019-05-01
Series:Economic Review
Subjects:
Online Access:http://er.ef.untz.ba/index.php/er/article/view/80
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author Nataliia Marynenko
Iryna Fedyshyn
Natalia Garmatiy
Iryna Kramar
author_facet Nataliia Marynenko
Iryna Fedyshyn
Natalia Garmatiy
Iryna Kramar
author_sort Nataliia Marynenko
collection DOAJ
description he 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 expenditures for financing innovation activity of industrial enterprises and gross domestic product 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 expenditures for financing innovation activity of industrial enterprises will lead to a positive dynamics of Ukraine’s gross domestic product in actual prices. This, in turn, will improve practically all indicators of the industrial activity of the national economy.
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institution Kabale University
issn 1512-8962
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publishDate 2019-05-01
publisher Faculty of Economics, University of Tuzla
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series Economic Review
spelling doaj-art-80f88adc8b0d42d79488d8797cafdce22025-02-10T00:31:00ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2019-05-01171FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVESNataliia Marynenko0Iryna Fedyshyn1Natalia Garmatiy2Iryna Kramar3Department of Economics and Finance, Faculty of Economics and Management, Ternopil Ivan Puluj National Technical University, UkraineDepartment of Management of Innovation Activity and Service Industry, Faculty of Economics and Management, Ternopil Ivan Puluj National Technical University, UkraineDepartment of Economic Cybernetics, Faculty of Economics and Management, Ternopil Ivan Puluj National Technical University, UkraineDepartment of Economics and Finance, Faculty of Economics and Management, Ternopil Ivan Puluj National Technical University, Ukraine he 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 expenditures for financing innovation activity of industrial enterprises and gross domestic product 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 expenditures for financing innovation activity of industrial enterprises will lead to a positive dynamics of Ukraine’s gross domestic product in actual prices. This, in turn, will improve practically all indicators of the industrial activity of the national economy. http://er.ef.untz.ba/index.php/er/article/view/80investmentinnovation activityUkrainegross domestic productforeign direct investmentMarkov chain
spellingShingle Nataliia Marynenko
Iryna Fedyshyn
Natalia Garmatiy
Iryna Kramar
FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVES
Economic Review
investment
innovation activity
Ukraine
gross domestic product
foreign direct investment
Markov chain
title FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVES
title_full FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVES
title_fullStr FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVES
title_full_unstemmed FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVES
title_short FINANCING INNOVATION ACTIVITY IN UKRAINE: REALITIES AND PERSPECTIVES
title_sort financing innovation activity in ukraine realities and perspectives
topic investment
innovation activity
Ukraine
gross domestic product
foreign direct investment
Markov chain
url http://er.ef.untz.ba/index.php/er/article/view/80
work_keys_str_mv AT nataliiamarynenko financinginnovationactivityinukrainerealitiesandperspectives
AT irynafedyshyn financinginnovationactivityinukrainerealitiesandperspectives
AT nataliagarmatiy financinginnovationactivityinukrainerealitiesandperspectives
AT irynakramar financinginnovationactivityinukrainerealitiesandperspectives