Innovative entrepreneurship policy in Ukraine and roadmap strategy

Author:

Kostyantyn Zhadko1ORCID,Іlchenko Viktoriia2ORCID,Holovnia Yuliia3ORCID,Stenicheva Inna4ORCID,Datsenko Viktoriia5ORCID

Affiliation:

1. Department of Entrepreneurship and Economy of Enterprisesat the University of customs and finance.

2. Department of Entrepreneurship and Economy of Enterprises at the University of customs and finance.

3. Department of public administration, Associate Professor of the Department of public administration at theState University of trade and economics,Kyiv, Ukraine.

4. Department of Finance, Economics and Entrepreneurship at thePrydniprovska State Academy of Civil Engineering and Architecture

5. Business and International Relations at theUniversity of customs and finance.

Abstract

Using an empirically based methodology, the scientific approaches to define the concepts of "innovation" and "innovation policy" are summarized. It is substantiated that the goal of implementing innovative entrepreneurship is the transition to an innovative model of development, which requires the implementation of the following priority tasks: integration of all stages of innovative entrepreneurship in the region; formation of competitive regional innovative products; increasing the level of quality of institutional infrastructure; improvement of information provision of innovative processes; stimulation of regional business entities to ensure innovative activity; creation of communications in the "science-production" system; ensuring quality training of specialists in the field of innovative entrepreneurship; development of knowledge-intensive industries; effective use of innovative potential and intellectual capital of the region. Modeling of the innovative entrepreneurship profile of the regions led to the conclusion that the main task, for each of the regions, is to develop measures to increase the level of formation of its innovative entrepreneurship space, which will have the effect of optimizing the economic results of the operation and increase its competitiveness in domestic and international markets.

Publisher

Universidad del Zulia

Subject

General Economics, Econometrics and Finance

Reference23 articles.

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2. CORNELL UNIVERSITY, INSEAD, and WIPO. 2020. The Global Innovation Index 2020: Who Will Finance Innovation? Ithaca, Fontainebleau, and Geneva. Available online. In: https://www.wipo.int/global_innovation_index/en/. Consultation date: 04/04/2022.

3. DIDCHENKO, Oksana; TKACHUK, Anastasia. 2015. “The essence of the concept of "innovative development" of an enterprise” In: Economic Bulletin of the Ukrainian State Chemical and Technological University of Ukraine. No. 2, pp. 36-41.

4. DYBA, Mykhailo; YURKEVYCH, Oksana; MAYOROVA, Tatyana; VLASOVA, Inna. 2013. Financial provision of innovative development of Ukraine [Electronic edition]: monograph. K.: KNEU. 425. Available online. In: https://ir.kneu.edu.ua:443/handle/2010/30091. Consultation date: 04/07/2022.

5. FADEEV, Valerii. 2012. “The potential of entrepreneurship in an innovative economy” In: Bulletin of the Russian University of Economics of G. V. Plekhanov. No. 4, pp. 34-40.

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