Assessment of Innovation Cooperation of Ukraine and Scandinavian Countries in Terms of the New Industrial Revolution
DOI:
https://doi.org/10.25115/eea.v39i6.5306Abstract
Research background: The article explicates the approach of assessing the factors of innovation cooperation of Ukraine and Scandinavian countries in the face of the new industrial revolution.
Purpose of the article: The paper aims to assess the current state of cooperation between Ukraine and Scandinavian countries and define the most critical factors for its further development in the new industrial revolution.
Methods: The article presents the research scheme of cooperation between Ukraine and Scandinavian countries based on qualitative and economic-statistical analysis, comparative advantages analysis, correlation-regression analysis.
Findings & value added: As a result of the research, it was revealed that the main directions of innovation cooperation between Ukraine and Scandinavian countries are investment projects, technical assistance initiatives, experience and technologies transfer. The cooperation is mainly implemented in energy, information technologies, education, science and high-tech trade. Based on the eco-nomic-diplomatic component analysis, a forecast and the dynamics of trade turnover of Ukraine and Scandinavian countries are presented, including the critical for Ukrainian economy time-frame of 2013-2014. It has been revealed that economic diplomacy plays a vital role in establishing and expanding trade relations. To deepen the innovation cooperation between Ukraine and Scandinavian countries, the authors see the need for: (1) expanding spheres of cooperation through joint projects in infrastructure, energy, aerospace and pharmaceutical industries, and the production of components for automobiles; (2) conducting joint research on biotechnology and nanotechnology; (3) signing of agreements in order to establish partnerships between the universities of Scandinavian countries and Ukraine; (4) the introduction of state support for the aerospace industry, the creation of scientific and production clusters in this field; (5) further development and diversification of the Ukrainian IT services market and interaction with Scandinavian countries in this field.
Downloads
References
Freeman, C. (1987). Technology policy and economic performance: lessons from Japan. New York: Frances Printer Publishers.
Matrosova, V.O. (2011). The essence and components of innovation potential as a basis for innovation management. Bulletin of Kharkiv Polytechnic University, 26.
Drucker, P.F. (2002). The discipline of innovation. Harvard Business Review, 80(8), pp. 95.
Fedulova, L. (2016). Innovativeness of the economies of the EU and Ukraine: Undertakings to narrow the gap. Economic Annals-XXI, 156(1-2), pp. 22-25.
Меlnik, Т. М. (2008). Export potential of Ukraine: methodology of assessment and analysis. International economic policy, 1-2, pp. 241-271. URL: http://nbuv.gov.ua/UJRN/Mep_2008_1-2_11
Matyushenko, I., Khaustova, V., & Knjazev, S. (2017). Institutional support of innovative R&D in the formation of single research area in the EU and Ukraine. Nauka and Innovations, 13 (2). doi.org/10.15407/scine13.02.005
Prokopenko, O., & Omelyanenko, V. (2020). Intellectualization of the Phased Assessment and Use of the Potential for Internationalizing the Activity of Clusters of Cultural and Creative Industries of the Baltic Sea Regions. TEM Journal, 9(3), pp. 1068-1075. DOI: 10.18421/TEM93-31
Balabanov, I. T. (2000). Innovation management. SPb.: Piter.
Zhits, G. (1999). Innovative potential. Saratov: SGТU named U. Gagarin.
Martiusheva, L., & V. Kalishenko, V. (2002). Innovative potential of the enterprise as an object of economic research. Finance of Ukraine, 10, pp. 61–66.
Fedulova, L., Sokirnik I., & Stadnik, V. (2004). Management of Organizations. Кiyv: Libid.
Kasyanenko, V. O. (2011). Research of the essence of the innovative potential of the economy. Democratic governance, 11(8). http://nbuv.gov.ua/UJRN/DeVr_2011_8_17
Matyushenko, I. Yu., Redko, N. (2019). The Assessment of Ukraine's Readiness for Innovations in the Conditions of the Spread of Technologies of the New Industrial Revolution. Acta Innovations, 33, pp. 5-19.
GolIkov, A. P. (2006). Economic and mathematical modeling of world economic processes. - 2nd edition. - Kh.: V.N. Karazin KhNU, 144 p.
Dutta S. et al. (2015) The Global Innovation Index 2015. Effective Innovation Policies for Development. Geneva: the World Intellectual Property Organization
Dutta S. et al. (2016) The Global Innovation Index 2016. Effective Innovation Policies for Development. Geneva: the World Intellectual Property Organization
Dutta S. et al. (2017) The Global Innovation Index 2017. Effective Innovation Policies for Development. Geneva: the World Intellectual Property Organization
Dutta S. et al. (2018) The Global Innovation Index 2018. Effective Innovation Policies for Development. Geneva: the World Intellectual Property Organization
About cooperation (2018). Ukraine Denmark Energy Centre. http://www.udec.org.ua/en/about-cooperation
Business Opportunities (2018). Business Sweden. https://www.business-sweden.se/en/Trade/internationalmarkets/europe/Ukraine/business-opportunities/
IT case: Ukrainian IT-services for Norwegian start-ups (2018). Norwegian Ukrainian Chamber of Commerce. https://nucc.no/it-case-ukrainian-it-services-for-norweigan-start-ups
UN Comtrade Database. Retrieved from: https://comtrade.un.org/data/