Innovative activity in the system of foreign economic security of the country

Authors

DOI:

https://doi.org/10.31617/zt.knute.2021(119)07

Keywords:

innovation activity, strategic planning, economic security, economic integration, investment and innovation security, critical limits, targets, state innovation policy.

Abstract

Background. One of the main indicators of the country's economic development is its trade balance, in particular the total size and value of products that the country can adequately represent in foreign markets, ensuring reliable cash flow, balanced development of economic sectors, and, consequently, growing greatness and prosperity. In modern conditions, ensuring such a global export expansion of Ukrainian products to foreign markets, in particular European ones, is impossible without proper innovation of producers and exporters, as well as sufficient investment in planned innovation projects, which requires in-depth economic analysis and strategy in this direction. Using the latest scientific inventions and research.
The aim of the article is to study and analyze the current state of Ukrainian exports to world and European markets and substantiate the possibility of differentiation of export flows in order to evenly distribute the share of exports between all industries, including engineering and high technology, etc. and move away from raw materials
Materials and methods. The theoretical and methodological basis of the article is the scientific works of Ukrainian and foreign scientists on the problems of innovation development.
Results. As we can see from the researched data, during the last decade there is a tendency of prevalence in the general structure of the country's exports of ferrous metallurgy and mining, which is primarily due to the strong potential of these industries inherited from Soviet times, as well as agro-industrial products. in particular, cereals and oils, which is explained by the tradition of these industries for the economy of Ukraine, and established under the Association Agreement tariff quotas for Ukrainian agricultural products in the markets of the European Union. Revolutionary tasks have been set to reduce the share in the structure of exports of these types of goods first to the critical limit of 10%, and then to the target of 5%, while maintaining and even increasing the absolute monetary value of exports of these goods, which is possible only if increasing exports by other product groups, identifying priority areas among such products while legislative incentives and creating a regulatory environment to strengthen the ability of domestic enterprises to compete in world markets, especially in the face of growing protectionism in response to the challenges of the pandemic.
Conclusion. Summing up, we can conclude that Ukraine has created all the prerequisites for the implementation and implementation of all short-term and strategic plans for the domestic economy and a worthy place among participants in both European and global markets, subject to improving the scientific and educational system of industrial development, wider implementation of innovation processes, as well as the implementation of plans to diversify export flows.

Author Biographies

Viktoriia LAPTIEVA, State University of Trade and Economics

Candidate of Economic Sciences, Associate Professor,
Associate Professor at the Department of Economics and Business Finance

Iryna VAVDIICHYK, State University of Trade and Economics

Candidate of Economic Sciences, Associate Professor,
Associate Professor at the Department of Economics and Business Finance

Oleksandr LAPTIEV

Lawyer, attorney Communal enterprise «Zenit» of Desniansky district of Kyiv

References

Gejc', V. M. (2015). Innovacijna Ukrai'na 2020: nacional'na dopovid' [Innovative Ukraine 2020: national report]. NAN Ukrai'ny. Kyi'v [in Ukrainian].

Gryculenko, S. I. (2016). Ocinka innovacijnoi' dijal'nosti jak instrument innova-cijnoi' polityky gospodars'koi' systemy [Evaluation of innovation activity as an instrument of innovation policy of the economic system]. Efektyvna ekonomika – Efficient economy, 3. Retrieved from http://nbuv.gov.ua/UJRN/efek_2016_3_19 [in Ukrainian].

Grudcyna, Ju. V. (2019). Innovacijna dijal'nist' v Ukrai'ni: analiz ta prognozu-vannja [Innovation activity in Ukraine: analysis and forecasting. Biznes Inform – Business Inform, 2,78-84. Retrieved from http://nbuv.gov.ua/UJRN/binf_2019_2_13 [in Ukrainian] https://doi.org/10.32983/2222-4459-2019-2-78-84.

Denysenko, M. P., & Bobrovnyk, A. V. (2017). Konkurentospromozhnist' Ukrai'ny na mizhnarodnomu rivni [Ukraine's competitiveness at the international level]. Problemy innovacijno-investycijnogo rozvytku. Ekonomika ta menedzhment – Problems of innovation and investment development. Economics and management, 12, 4-10 [in Ukrainian].

Petryk, I. V. (2019). Innovacijna dijal'nist' v Ukrai'ni: suchasni tendencii', problemy, zahody z aktyvizacii' [Innovative activity in Ukraine: current trends, problems, activation measures]. Molodyj vchenyj – Young scientist, 4 (2), 510-516. Retrieved from http://nbuv.gov.ua/UJRN/molv_2019_4(2)__72 [in Ukrainian].

Pysarenko, T. V., & Kvasha, T. K. (et al.). (2018). Stan innovacijnoi' dijal'nosti ta dijal'nosti u sferi transferu tehnologij v Ukrai'ni u 2017 roci: analitychna dovidka [The state of innovation and technology transfer activities in Ukraine in 2017: an analytical reference]. Kyi'v: UkrINTEI [in Ukrainian].

Pryjmak, V., & Romanyshyn, V. (2019). Innovacijna dijal'nist' pidpryjemstv v umovah globalizacijnyh transformacij [Innovative activity of enterprises in the conditions of globalization transformations]. Visnyk KNTEU – Herald of KNUTE, 3 (125), 98-113 [in Ukrainian] https://doi.org/10.31617/visnik.knute.2019(125)08.

Umanciv, G., Martyniv, I. (2019). Global'nyj vymir rozvytku intelektual'noi' vlasnosti [The global dimension of intellectual property development]. Zovnishnja torgivlja: ekonomika, finansy, pravo–Foreign trade: economics, finance, law, 2 (103), 86-99 [in Ukrainian].

Janenkova, I. G., Pozur, S. S., & Katajeva, O. A. (2016). Innovacijna dijal'nist' promyslovyh pidpryjemstv Ukrai'ny: stan ta perspektyvy rozvytku [Innovative activity of industrial enterprises of Ukraine: state and prospects of development]. Naukovi praci Chornomors'kogo derzhavnogo universytetu imeni Petra Mogyly kompleksu «Kyjevo-Mogyljans'ka akademija» – Economics. Scientific works of the Petro Mohyla Black Sea State University of the Kyiv-Mohyla Academy complex. Economics, (Vol. 285, Issue 273), (pp. 89-94) [in Ukrainian].

Konstytucija Ukrai'ny (1996). [Constitution of Ukraine]. Vidomosti Verhovnoi' Rady Ukrai'ny (VVR) – Information of the Verkhovna Rada of Ukraine (IVR), 30. Retrieved from https://zakon.rada.gov.ua/laws/show/254%D0%BA/96-%D0%B2%D1%80#Text [in Ukrainian].

Ugoda pro asociaciju mizh Ukrai'noju, z odnijei' storony, ta Jevropejs'kym Sojuzom, Jevropejs'kym spivtovarystvom z atomnoi' energii' i i'hnimy derzhavamy-chlenamy, z inshoi' storony [Association Agreement between Ukraine, on the one hand, and the European Union, the European Atomic Energy Community and their Member States, on the other hand]. Ugodu ratyfikovano iz zajavoju Zakonom № 1678-VII vid 16.09.2014 – The agreement was ratified with a statement by Law № 1678-VII of 16.09.2014. Retrieved from https://zakon.rada.gov.ua/laws/show/984_011#Text [in Ukrainian].

Ukaz Prezydenta Ukrai'ny «Pro cili stalogo rozvytku Ukrai'ny na period do 2030 roku» № 722/2019 vid 30 veresnja 2019 roku [Decree of the President of Ukraine «On the goals of sustainable development of Ukraine until 2030» № 722/2019 of September 30, 2019]. Retrieved from https://www.president.gov.ua/documents/7222019-29825 [in Ukrainian].

Strategija ekonomichnoi' bezpeky Ukrai'ny na period do 2025 roku. Ukaz Prezydenta Ukrai'ny vid 11 serpnja 2021 roku № 347/2021 zatverdzheno ta vvedeno v diju [Decree of the President of Ukraine «On the goals of sustainable development of Ukraine until 2030» № 722/2019 of September 30, 2019]. Retrieved from https://www.president.gov.ua/documents/3472021-39613 [in Ukrainian].

Statystychna informacija [Statistical information] Derzhavna sluzhba statystyky Ukrai'ny – State Statistics Service of Ukraine. Retrieved from http://www.ukrstat.gov.ua [in Ukrainian].

Nacional'na dopovid' «Cili stalogo rozvytku Ukraine» (2017). [National report «Sustainable Development Goals. Ukraine»]. Ministerstvo ekonomichnogo rozvytku i torgivli Ukrai'ny – Ministry of Economic Development and Trade of Ukraine. Retrieved from https://me.gov.ua/Documents/List?lang=uk-UA&id=938d9df1-5e8d-48cc-a007-be5bc60123b8&tag=TSiliStalogoRozvitku [in Ukrainian].

Naukova ta innovacijna dijal'nist' v Ukrai'ni 2018 r. (2019). [Scientific and innovative activity in Ukraine in 2018] Statystychnyj zbirnyk Derzhavna sluzhba statystyky Ukrai'ny – Statistical collection State Statistics Service of Ukraine. Kyi'v. Retrieved from http://ukrstat.gov.ua/druk/publicat/kat_u/publnauka_u.htm [in Ukrainian].

Oficijnyj kurs gryvni do inozemnyh valjut ta pokaznyky valjutnogo rynku Ukrai'ny. Nacional'nyj bank Ukrai'ny [Official exchange rate of hryvnia to foreign currencies and indicators of the foreign exchange market of Ukraine. National Bank of Ukraine]. Retrieved from https://bank.gov.ua/statistic/sector-external/data-sector-external#6 [in Ukrainian].

Amazon Researchand Development Expenses 2006-2019. Macrotrends. Retrieved from https://www.macrotrends.net/stocks/charts/AMZN/amazon/research-development-expenses [in English].

Global 500. Fortune. URL: https://fortune.com/global500/2018/search [in English].

Eurostat. Retrieved from https://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=rd_e_fundgerd&lang=en [in English].

Published

2021-12-10

How to Cite

LAPTIEVA В., VAVDIICHYK І., & LAPTIEV О. (2021). Innovative activity in the system of foreign economic security of the country. Foreign·trade:·economics,·finance,·law, 119(6), 87–97. https://doi.org/10.31617/zt.knute.2021(119)07

Issue

Section

INTERNATIONAL TRADE