Scientific and practical journal
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Regional Economy
   



Journal Regional Economy -- re2023.03.005

Repository of Institute of Regional Research UDC 330.341; JEL L51
Davymuka, S. A. (2023). Innovatsiynyy imperatyv stratehiyi vidbudovy Ukrayiny [The innovation imperative of Ukraine’s recovery strategy]. Rehional'na ekonomika - Regional Economy, 109 (3), 5-17. DOI: https://doi.org/10.36818/1562-0905-2023-3-1 [in Ukrainian].
Sources: 16

Authors



Davymuka Stepan Antonovych

Doctor of Economics, Professor, Honored Economist of Ukraine

Leading Researcher of the Department of regional financial policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: davymuka.s@gmail.com, ird_kozoriz@i.ua

Webpages:

Resume

Efficient use of innovations as an imperative for socio-economic development and solving economic, environmental, social, and cultural problems should be one of the factors of Ukraine’s victory in the Russian-Ukrainian war and ensuring its post-war recovery and the proper place of the national economy in the global economic system. This has a significant impact on the search for ways to shape the state economic policy aimed at innovative development and requires both additional research on the features of the innovation factor and a critical analysis of its neglect both in the pre-war and post-war periods. The article reveals the peculiarities of a new stage of implementation of the principle of innovative imperative of socio-economic recovery of the Ukrainian state which suffered during the Russian-Ukrainian war. The author proves that, according to all international ratings, Ukraine’s intellectual capacity is at a high level and is increasingly valued in the world, but in practice there is a lack of a proper role of the state in creating an environment (innovation ecosystem) for its realization as a key factor in the country’s socio-economic development and ensuring its competitiveness, self-sufficiency and national security. The article substantiates the idea that today the restoration of production, social, and economic processes in Ukraine, both in the context of hostilities in the de-occupied territories and in the post-war period throughout the entire territory, should be based on effective strategies and projects for their implementation, based on the innovative imperative of development, taking into account the national peculiarities of innovation capacity, which will allow avoiding many mistakes, reducing material costs and time, and optimizing the own algorithm for implementing reforms. The author substantiates the suggestions that in order to restore Ukraine’s sovereignty, self-sufficiency, and security, a systematic assessment of the situation is needed already today in terms of creating the preconditions for the use of the innovation factor, which will help the society to draw conclusions and move forward in the right direction.

Keywords:

innovation, scientific developments, innovation imperative, recovery, innovation capacity

References

    
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