INNOVATION SYSTEM OF UKRAINE: POTENTIAL OF IMPORT SUBSTITUTION BY HIGH-TECH PRODUCTS | Author : MELNYK Tetiana, GRYNKO Kateryna | Abstract | Full Text | Abstract :Background. The main driver of Ukraine’s development should be an innovative type of economy, the presence of a national innovation system (NIS), the functioning of which is determined by the peculiarities of the state’s economy. Today, the deepening of technological gap between Ukraine and developed countries is defined as a result of the orientation of the domestic economy for the production of traditional industrial products with low gross value added, which is implemented in saturated, hopeless for further development of markets, as well as through the direction of research of domestic scientific institutions, mainly to ensure the needs of raw materials economy. Elimination of Ukraine’s lag in technological development requires systemic changes in the methods of state regulation of economic development, education, forming an innovative model of high-tech development. Import substitution, which is considered as a transition stage for accelerated modernization of production, can further create basic conditions for the development of high-tech export-oriented development.
The analysis of recent research and publications showed that an innovative model of economic growth is one of the strategic objectives of Ukraine’s development, but issues remain open regarding the compliance of domestic scientific and technological potential to the objectives of the National Innovation System of Ukraine, which is currently formed.
The aim of the article is to study the national innovation system of Ukraine and the disclosure of import substitution capacity with high-tech products.
Materials and methods. During the study, methods of statistical analysis, synthesis, grouping and graphic representation of results are used.
Research results. As a result of consideration of the classical and modern concepts of the formation and functioning of the NIS in the article, the components of the NIS are summarized, the relationship between the participants of the innovation process is investigated, the features of the functioning of the NIS (TH and QH) models are identified, the actual definition of the national innovation system is proposed and the main patterns of development of the NIS on the present stage are distinguished.
It has been established that four models of the NIS - Euro-Atlantic, East Asian, model of the third world countries and transitional are functioning in the world. It is proved that Ukraine currently belongs to countries with a transitional model of the national innovation system. The factors that determine the crisis situation in the country’s innovation system have been identified: external and internal imbalances of economic development; imperfection of the legislative base in terms of stimulating innovation activity; lack of proper innovation infrastructure and mechanisms of commercialization of scientific and technical developments; spontaneous initiation of innovations; inconsistency and inefficiency of state innovation policy; insufficient level and unstable financing of innovation activity.
Based on the analysis of foreign trade in high-tech products by harmonization of domestic foreign trade statistics with the standards of world classification of trade in high-tech products, it is concluded that the share of exports of high-tech products in the overall export of Ukrainian goods is rather low, instead, the tendencies of increasing the share of high-tech products in general imports are intensifying.
In the framework of the outlining the prospects for the development of the domestic NIS, four possible scenarios for the development of the Ukrainian innovation sphere are considered in the conditions of the implementation of technological contributions - “technological stagnation”, “technological inertia”, “new technological niches” and “technological breakthrough” and the proposals for increasing the potential of the national innovation system are provided.
Conclusions. The innovative path of economic development is non-alternative for Ukraine, but the modernization of the economy and ensuring long-term sustainable development cannot be achieved without improving the financing system and stimulating innovation processes in the country. Therefore, a consistent comprehensive state policy on transferring Ukraine to the innovative path of development, the formation of a national innovation ecosystem (a set of institutions, relations, as well as various types of resources involved in the process of creating and applying scientific knowledge and technologies), is required, which would contribute to its implementation and development of innovative culture in the state, using, in addition to financial, and other mechanisms of innovation activity development. |
| E-LOGISTICS: DEFINITIONS, DEVELOPMENT AND CONCEPTUAL FRAMEWORK | Author : DUMANSKA Ilona, MATVIIETS Olha | Abstract | Full Text | Abstract :The article is devoted to the study of modern logistics trends, such as e-logistics. The content of the concept of «electronic logistics» is defined and the functioning of its tools in the enterprise management system is determined. The main differences between logistics and e-logistics are determined, and the historical development of electronic logistics is investigated. The main advantages of this concept are identified and some problems in the process of functioning of electronic logistics are singled out. |
| DICHOTOMY OF ENTERPRISES’ INNOVATIVE TRANSFORMATIONS | Author : PIATNYTSKA Galyna, HRYHORENKO Oleh, DOLZHENKO Tetiana | Abstract | Full Text | Abstract :Background. Innovative transformations of enterprise development take place regardless of the opportunities and threats of the market environment in which they operate. However, not every innovative changes cause the desired results in the management of enterprise activities in a pandemic and other market challenges.
Analysis of recent research and publications has shown that so far almost nobody has paid due attention to the dichotomy of innovative transformations of enterprises.
The aim of the article is to develop theoretical and methodological approaches to determining the dichotomy of innovative transformations of enterprise development in a pandemic with taking into account the industry affiliation of enterprises.
Materials and methods. In the course of the research the methods of comparative analysis, surveys, analytical data processing were used.
Results. Based on the theory of innovation management and the results of a survey of managers of trade and restaurant enterprises in Ukraine, Poland, Greece, the stages of innovation transformations at enterprises were carried out.
Six types of models for managing innovative transformations were identified. Additionally, a quantum business model of innovative transformations management is defined.
It is proposed to introduce the concept of «innovation dichotomy» into scientific circulation, under which to understand either two different consequences as a result of the same type of innovative changes in enterprises of different industries under certain market challenges, or that under certain market circumstances, enterprises in different industries have different needs for innovations. It is determined that there is interrelation between the dichotomy and the synergy of innovations in the enterprise. Dichotomy can be manifested due to the likelihood of simultaneous implementation of factor-saving and non-factor-saving innovations at the enterprise.
Conclusion. It is determined that innovative transformations at the enterprise take place in several stages and can be divided into basic and probabilistic ones. The concept of «innovation dichotomy» has been introduced into scientific circulation, which allows to better understand the probability of both positive and negative consequences in the process of implementing various innovations. The interrelation between the dichotomy and the synergy of innovation at enterprises is identified. It is determined that there are six types of models for managing innovative transformations: functional; process; saving; viable; quantum product; quantum business, which has the dimension 8D.
In the future, the obtained results of the study can be used to assess the allowable level of the dichotomy of innovations in the development of enterprises in various fields of economic activity and so on. |
| MODELS OF DIGITAL TRADE | Author : MOLCHANOVA Ellana, KOVTONIUK Kateryna | Abstract | Full Text | Abstract :Background. Digital commerce or trade is based on the movement of data: data is a means of production, an asset that can be traded, as well as funds by which certain services are traded and global value chains are organized.
An analysis of recent research and publications has shown that research on this topic is highlighted by scientific representatives from the Cambridge School of Science and Columbia University. The problem of Western scholars’ research is the lack of a single definition of digital commerce or trade, but the consensus is achieved that it includes digital rights transactions in trade in goods and services that can be delivered digitally or physically to consumers, firms and governments.
The aim of this research is to analyze approaches to the definition of «digital trade», to determine its main types and models.
Materials and methods. The main research methods are logical, analytical and graphical research methods.
Results. «Digitalization of trade» is a fairly new concept, so the scientific community has not yet been able to achieve unanimity for the formulation of its essence. In addition, the categories of «e-commerce» and «digital trade» have substantial similarities. Both concepts are related to the use of digital technology, the movement of data. Digital Trade is a tradable asset and a means by which global value chains are organized and services are provided. It also reinforces physical trade by simplifying the process itself. The data also underpins the most progressive and fast-growing models of service delivery, such as cloud computing, the Internet of Things (IoT), and additive manufacturing.
However, we can conclude that the difference between these categories lies in the stages of development of Internet technologies. If in the 1990s the concept of e-commerce only began to appear, and transactions using computer networks were primitive, now it has become a more complex concept – digital trade, which enjoys the benefits of such technologies, namely: blockchain, IoT, automation and robotics, artificial intelligence, 5G mobile coverage, cloud computing, 3D printing, etc.
Conclusion. In summary, we can conclude that digital commerce or trade is a fairly broad concept that encompasses not only the sale of consumer goods online and the delivery of online services, but also the data flows that provide global value chains. The classification of the concept of digital trade is not sufficiently developed, because it still remains new and the fastest growing. Today, two classification characteristics of digital trade have become widespread - by objects and subjects. Digital trade models reflect certain trends, namely: the penetration of international trade deeper into national economies; households and consumers become traders in new ways, acting as a company that provides services and goods; data flows are becoming a key new area of management.
The prospects for further research on the outlined issues are the analysis of the inclusion of sections on digitalization in the structure of trade agreements on free trade. |
| FORENSIC AS A TOOL OF COUNTERACTING FACTORING RISKS | Author : NEZHYVA Mariia, MYSIUK Victoriia | Abstract | Full Text | Abstract :Background. In modern market conditions, the characteristics of most companies are low liquidity, working capital shortage, difficulty in obtaining credit. Under such conditions, financial flow management becomes increasingly important. One of the possible options for increasing them is factoring, which creates a basis for sustainable economic development of the business.
Analysis of recent research and publications.Debatable issues need to be addressed in order to formulate a comprehensive approach to forensics in the context of factoring risk management in response to the COVID crisis.
The aim of the article is to study the trends of factoring operations and to establish methods of forensics in terms of factoring risk management in response to the COVID crisis.
Materials and methods. The study used general and specific methods of cognition of economic phenomena and processes to analyze the impact of the COVID-19 pandemic on business and forensic methods in the management of factoring risks in response to the COVID crisis.
Results. The article considers the reasons for the use of factoring in Ukraine and highlights national measures to combat the economic consequences of the COVID-19 pandemic. The growth trends of factoring turnover and GDP in the countries of the European Union are studied. The top 5 countries in the factoring market in the EU have been identified. The risks associated with factoring operations are described. The professional directions of forensics in the conditions of risk management of factoring business are described.
Conclusion. The use of forensic procedures by companies in order to minimize the risks of fraud, will significantly increase the level of risk management of companies and make optimal management decisions based on this to ensure permanent profitability of factoring operations. |
| CONTROL IN NON-PROFIT ORGANIZATIONS | Author : TOLMACHOVA Alla | Abstract | Full Text | Abstract :Background. Improving the efficiency of management of non-profit organizations necessitates the improvement of the organization and methods of control over the preservation of property, rational use of resources, the reliability of accounting and financial reporting by such entities. In this regard, the formation of unified approaches to the nature and types of control, which should be implemented in non-profit organizations, becomes especially important.
The aim of the article is to develop proposals for establishing the types of control that should be implemented in non-profit organizations.
Materials and methods. The methodological basis of the study are general scientific methods, in particular: the systematic approach, methods of scientific abstraction and synthesis, generalization. The current legal and normative documents, works of domestic and foreign scientists served as an information base.
Results. During the research, the inexpediency of reducing the essence of control only to verification was substantiated and attention was focused on its significance for the management process. It is established that for the rational organization of control in non-profit organizations it is essential to substantiate its classification, covering a multilevel system of separation of types, species and forms. It is substantiated that the method of control of the accounting system in non-profit organizations will be determined by the features of the objects of accounting and operations with them.
Conclusion. Thus, the economic processes are not inherent for non-profit organizations that occur in commercial enterprises: there are no processes of production and sales; the procurement process occurs insignificantly only in the part of procurement of stationery and other supplies for the purpose of servicing the business, but the volume and purpose of use significantly differs. Based on the above features, the systematization of control objects in such organizations is carried out. |
| CASH CIRCULATION IN COVID-19 PANDEMI? | Author : SHULHA Nataliia, BORTNIKOV Gennadiy, KYREEVA Kateryna | Abstract | Full Text | Abstract :Background. In the context of the COVID-19 pandemic, there was a change in the behavior of central and commercial banks, the population and retail chains in terms of cash growth. These trends create new challenges for the central bank; it requires an analysis of current trends and justification of the feasibility and optimum frames for the scale of cash payments in society.
The aim of the article is to reveal the impact of the COVID-19 pandemic on cash circulation and to analyze the role of the central bank in regulation of this process.
Materials and methods. The theoretical and methodological basis for the research was scientific studies, analytical reviews of central banks around the world, dedicated to identification reasons for both trends in the use of cash – for expansion and curtailing simultaneously – in payments by households in the countries with different levels of economic development and digitalization of society. This study is based on a set of scientific approaches and methods: theoretical summarizing, comparative analysis, sampling and synthesis.
Results. The article contents the identification of reasons for the decrease in cash in various economies during the COVID-19 pandemic, as well as its impact on changing the behavior of banks, regulators, retail chains, and customers of banking services. The measures taken by central banks to manage cash circulation in the context of coronavirus are outlined, with conclusions on current state and prospects of using cash in the countries with different levels of economic development. In addition, this paper offers the suggestion on central bank framework for monitoring usage of cash.
Conclusion. The COVID-19 pandemic has prompted the world’s central banks to take a set of measures: strategic, communication, marketing, and technical. Cash demand does not depend on the level of economic development of the country, but is formed under the influence of individual factors of their citizens. Following the example of central banks in many countries, it seems appropriate for the NBU to facilitate annual survey of the propensity of citizens to use cash, to make a solid background for effective framework for monitoring cash circulation. |
| RESTAURANT TACTICS: ANTI-PANDEMIC CASE | Author : BOSOVSKA Myroslava, BOVSH Liudmyla, ANTONIUK Iryna | Abstract | Full Text | Abstract :Background. Prolonged lockdown framing causes economic depression for the development of economic entities, and fluctuations in demand and increased competition negatively affect the performance of restaurant businesses. Therefore, the urgent task is to develop a portfolio of effective tactics of behavior of restaurant business in crisis, including effective response to pandemic challenges is an important task to intensify the development of the restaurant business, which led to the relevance of the article.
The aim of the study is to model the tactics of anti-pandemic management and substantiate the feasibility of their implementation in the practice of restaurant business.
Materials and methods. The study of the essence of management tactics was carried out using general scientific research methods, which provided substantiation of the theoretical basis and construction of a tactical model of anti-pandemic counteraction of restaurant business entities. Analytical and statistical research methods allowed to identify the main markers of restaurant business development and evaluate the effectiveness of existing tactics.
Results. The tactics of management of restaurant business entities are defined as a set of management decisions to improve operational activities, brand development and formation of organizational competencies of the restaurant. The diagnostics of restaurant management practices in the conditions of crisis and coronavirus threat is carried out and it is offered to carry out restaurant management in the context of realization of models of definite tactical behavior. Innovative tactics of counteraction to pandemic challenges are considered and the reference model of formation of tactics of anti-pandemic counteraction of restaurant is developed.
Methodical and practical recommendations on the implementation of tactical management of restaurant business entities are provided and its effectiveness is evaluated using the EFQM methodology. The results of the study allowed to position restaurants within the zones of effectiveness of tactical behavior.
Conclusion. In the conditions of pandemic and recession of the market of restaurant services search of new ideas of tactical decisions is a perspective task of management of restaurant business subjects. The article contains scientifically substantiated results that comprehensively solve an important theoretical and applied problem of development and implementation of effective tactics and technologies of restaurant business management: Adaptation to complex business conditions and redesign of business processes within the reference model efficiency in the post-crisis period. |
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