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Macrolevel factors of influence on industry competitiveness of Ukrainian regions

Journal: Marketing and Management of Innovations (Vol.7, No. 2)

Publication Date:

Authors : ;

Page : 117-128

Keywords : competitive advantages; threats; innovation; industry; macro-environment; factors of influence; regions;

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Abstract

The aim of the article is to identify processes and phenomena of macro level, which form current conditions of the industry competitiveness of Ukraine for working out practical recommendations of its innovation increasing.The results of the analysis. The influence of macro-environment on the industry competitiveness is shown. The main factors of industry competitiveness influence which issue on the national level (political, legal, economic, institutional, commercial, etc.) are outlined. These factors are synergistically intertwined and form conditions of the industry competitiveness of regions.Considering the analysis of the results of international competitiveness rankings the author found out the following factors of lowering the competitive position of Ukraine: corruption, problematic access tobusiness finance, inflation, political instability, tax burden, inefficient government bureaucracy and unstable exchange rate. On the basis of this, the trends of factors are explored over the past five years (2011-2015) and reasons of them are identified. The particular attention is paid to institutional factors as public-private partnership, state support of industrial development, features of the development of industrial parks in Ukraine and others. Moreover, the features of foreign policy of Ukraine and structure of exports of industrial goods are explored.The study demonstrated key macro threats in Ukraine. Practical recommendations of industry competitiveness increasing are given.Conclusions and directions of further researches. The development of Ukraine for the past five years (2011-2015) characterized by dynamic changes in all spheres of life. This affected the competitiveness of the country in general and its industry in particular. Macro-level influencing factors, which created unfavorable conditions for the formation of industrial competitiveness, are: macroeconomic instability and high levels of bureaucracy, corruption, lack of effective reforms in judicial and law enforcement system; problematic access to external sources of financing; low level of public support for innovation companies; inefficient trade policy, which is focused on narrow range of trading partners; structure of export deliveries, mainly of raw materials and low-tech products; ineffectiveness of public-private partnerships and other forms of state support of industrial enterprises in Ukraine. Further studies will be used to study the formation of the intro factor of competitiveness of industry in the western regions of Ukraine and the development of measures for its improvement at the regional level.

Last modified: 2016-07-04 22:02:09