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Neo-Industrial Future of Ukraine: Expectations vs Obstacles

Journal: Herald of the Economic Sciences of Ukraine (Vol.38, No. 1)

Publication Date:

Authors : ;

Page : 16-26

Keywords : neo-industrialization; competitiveness; post-industrial business environment; demassification of production and consumption; economic complexity index; small business;

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Abstract

The significant features of the process of neo-industrialization are studied in conjunction with the profound changes in the post-industrial society, which determine the specifics of this stage of industrial development. however, are currently absent in Ukraine. Neo-industrialization, as a component of the knowledge economy, is not limited only to the processes of post-industrial technological transformations by changing the sectoral structure of the eco- nomy and industrial restructuring. The analysis of factors that led to the emergence of completely new processes of organizational change in the post-industrial society, in which large-scale mass production and mass distribution of goods are no longer progressive methods, as a result, eco- nomies of scale are no longer a market advantage in a neoindustrial economy. At a higher stage of development, differentiated goods and services are becoming increasingly demanded. And this diversity of offers is harmonized by the diversity of demand and is a constant engine of the innovation process in developed economies, and highly-differentiated structure of industrial production is a factor and the result of this diversity. The problems of small business development, which is becoming an important component of the neo-industrial structure, without its effective functioning in the conditions of market segmentation and demand fragmentation are considered, are examined. Statistical data and indices that measure the level of technolo- gical readiness of the country's economy (global competitiveness index, economic complexity index, etc.) are analyzed in detail. Based on the analysis, systemic problems are identified and the conclusion is made that the existing structure of the Ukrainian economy in any aspect (industry, resource, foreign trade) does not meet the modern requirements of the country's neo-industrial development

Last modified: 2020-08-03 20:18:32