ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

Analysis of Institutional Aspects of Smart Industry Development in Ukraine

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.77, No. 3)

Publication Date:

Authors : ;

Page : 35-40

Keywords : smart industry; innovation; digitalization; Industry 4.0; strategy; institutional support;

Source : Download Find it from : Google Scholarexternal

Abstract

Based on the analysis of the works of domestic scientists and the synthesis of the semantic meaning of the constituent terms, the content of the concept of "smart industry" was determined. It was established that the official regulatory documents existing inUkraine (National Economic Strategy until 2030 and the Strategy for the Recovery, Sustainable Development and Digital Transformation of Small and Medium-Sized Enterprises for the Period until 2027) contain separate provisions on the development of factors that collectively contribute to the formation of smart industry. In particular, these are provisions on the development of Industry 4.0, promoting innovative activity, and strengthening digital transformation. It was established that the regulatory documents do not contain a clear algorithm for the implementation of measures, due to which the institutional support for the development factors of smart industry is potentially ineffective. The feasibility of using a strategy structure is justified, which, along with the goals, objectives and measures for the development of smart industry, will contain provisions on assessing the ability of the process subjects to fulfill their responsibilities, on the basis of which the mechanism for implementing the measures provided for by the strategy will be determined.

Last modified: 2025-01-18 02:23:04