Economics & Sociology

ISSN: 2071-789X eISSN: 2306-3459 DOI: 10.14254/2071-789X
Index PUBMS: f5512f57-a601-11e7-8f0e-080027f4daa0
Abstract

The article determines the scientific and methodological prerequisites for studying the influence of the industry’s innovation potential indices on the industrial products’ revenue of Ukraine. The analysis of the main indices of industrial and technological development that influence the industry’s development is conducted. The major problems of the industry’s functioning and development are revealed. Direct foreign investments in the Ukrainian industry and direct Ukrainian investment in professional, scientific and technical activities of the world are investigated. It is established that Ukraine often finances the scientific and technological progress of other countries, at the same time remaining raw-oriented. The export of high-tech products in Ukraine and other countries of the world is analysed. Assessment of the level of dependence of the world economies’ competitiveness on the development of innovations is carried out along with the assessment of effectiveness of the innovation potential implementation in Ukrainian industry during 2005-2016. The mathematical model of correlation between the industrial products’ revenue and the indices of the innovation potential development of the Ukrainian industry is proposed. The results of the analysis of the innovation development indices, calculated for each factor of linear, power and multiple models are obtained. The ratio between the influence of innovation activities indices and the index of the industrial products’ revenue is elaborated.

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