The Influence of Innovation Activities of Enterprises on the Development of the National Economy of Ukraine

• Main Author: Tomakh Viktoriia V.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2020-04-01
• Series: Bìznes Inform
• Subjects: innovations; innovative activities; national economy; gdp; competitiveness; growth
• Online Access: https://www.business-inform.net/export_pdf/business-inform-2020-4_0-pages-96_102.pdf
• ISSN: 2222-4459; 2311-116X

In modern conditions, the steady development of any of the national economies is not possible without timely and qualitative introduction of innovation activity. The timely use of innovations is the key to obtaining new and preservation of existing competitive advantages of individual enterprises and the economy in general. The article is aimed at researching the impact of innovation activity on national economies in individual countries. The article examines the influence of indicators of innovation activity on change of gross domestic product (GDP) per capita in Ukraine for the period from 2010 to 2018. With the use of correlation analysis, four indicators were selected from the list of indicators of innovation activity, namely: percentage of innovation-active industrial enterprise to the total number of industrial enterprises; percentage of financing the innovative activities of industrial enterprises to GDP; percentage of industrial enterprises that have introduced innovations (products and/or technological processes), to the total number of industrial enterprises and the percentage of sales of innovative products to the total volume of sales of industrial products (goods, services). With the help of regression analysis, the model of dependency of GDP per capita on the indicators of innovation activity was built, which showed the necessity of control over the targeted use of financing the innovation activity.