INFORMATION AND COMMUNICATION TECHNOLOGIES SECTOR DEVELOPMENT AS A FACTOR OF FORMING CREATIVE INDUSTRIES IN THE EUROPEAN UNION COUNTRIES: EXPERIENCE OF THE STRUCTURAL TRANSFORMATION FOR UKRAINE

Author:

Kichurchak MariannaORCID

Abstract

The purpose is to identify the key regularities of the information and communication technology sector (ICTS) development in the context of forming creative types of economic activity in the EU countries for the implementation of the European experience in Ukrainian practice of the structural modernization of the economy. Scientific methods of induction and deduction, synthesis and comparison, statistical estimation of variation features, and multiple regression analysis are used. The following scientific and methodological approach to evaluating the ICTS development in the EU countries was worked out: carrying out a comparative analysis of main trends in the social and economic development of the ICTS; evaluating the indicators of a spatial variation for major social and economic indexes of the ICTS development; determining a multiple regression equation to identify the factors having an impact on employment in this sector. In accordance with the dynamics of the main indicators of variation for the ICTS in the EU countries, the presence of spatial differentiation in output, gross fixed capital formation, general government expenditure and final consumption expenditure of households, relative homogeneity in employment were revealed. The author has substantiated the role of the ICTS in strengthening spatial asymmetries in the creative industries development in the EU countries. Such factors influencing employment in the ICTS of the EU countries as demographic situation, R&D expenditures, unemployment expenditures and frequency of internet access were identified by means of multiple regression analysis. Given the experience of the EU countries, in Ukraine, the growing influence of the ICTS on the formation of creative industries and structural modernization of the economy is connected to improving the current social and economic situation after the war, government measures for stimulating its development, overcoming the demographic crisis and growing households demand for information and communication services.

Publisher

FinTechAlliance

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