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Socio-economic and Political Channels for Promoting Innovation as a Basis for Increasing the Economic Security of the State: Comparison of Ukraine and the Countries of the European Union

Journal: SocioEconomic Challenges (SEC) (Vol.2, No. 2)

Publication Date:

Authors : ;

Page : 81-93

Keywords : nnovation; industrial revolution; potential; forecasting; reforms; trends; state economic security; socio-economic and political channels;

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The article reveals scientific approaches to the creation of a roadmap for reforms based on the establishment of relevant channels for promoting innovative changes, considering international experience, which will make it possible to achieve the efficiency of the transformation processes in the national economy and accelerate the pace of its development. It was proposed to determine the relevant channels for promoting innovative changes based on the analysis of the total innovative index of countries using the econometric tools. The characteristics of the innovation implementation process in Ukraine are given according to the individual components of the total innovation index, which, according to the results of the calculation of the European Innovation Scoreboard, gives an idea of the different categories of innovators countries in terms of the degree of innovative provision of their economies. Based on the analysis of the international statistical reporting, the tendencies of the development of the innovation index in Ukraine and the European Union for the shortterm period based on the Holt method are established, which allows constructing exponentiallysmoothed series of each indicator, depending on the obtained predictive values of the innovative development indexes, to determine the significance of trends and generate the corresponding forecasts. The diversification methodology of regulatory measures in the management system of innovation development is developed depending on their priority in management intervention in the process of promoting innovative changes in each individual channel based on the establishment of trigonometric coefficients of linear trends of indicators in the total innovation index and their comparative combination. The matrix of management measures is formed depending on the meaningful interpretation of zones, which were obtained considering different combinations of tangent values of the slopes of linear functions of discontinuities, depending on how the positive, negative and stably balanced values were combined in terms of basic and comparative indicators. The content of measures is proposed depending on the priority of the management impact for the formation of Ukrainian roadmap for reforms, which will ensure the targeting of innovative regulatory initiatives precisely in those directions where the national economy's response to the implemented influences will be the fastest and most effective.

Last modified: 2018-07-09 18:37:04