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Regulatory and legal provision of innovative and investment activities of the Ukraine's industrial enterprises

Title: 


Regulatory and legal provision of innovative and investment activities of the Ukraine's industrial enterprises


Authors: 


Levytskyi, Vitalii
Radynskiy, Serghiy
Dyachun, Olga


Affiliation: 


Ternopil Ivan Puluj National Technical University Ternopil, Ukraine 46001, Ternopil, 56 Ruska Street


Bibliographic description (International):

 

Levytskyi, V., Radynskiy, S. & Dyachun, O. (2022) Regulatory and legal provision of innovative and investment activities of the Ukraine's industrial enterprises. Socio- Economic Problems and the State (electronic journal), Vol. 27, no. 2, pp. 25-34. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2022/22lvoppu.pdf


Issue:

 

2(27)


Issue Date: 


Dec-2022


Submitted date: 


Oct-2022


Date of entry:

 

26-Dec-2022


Publisher: 


Ternopil Ivan Puluj National Technical University


Country (code):

 

UA


Place of the edition/event: 


Ternopil


ORCID Id: 


https://orcid.org/0000-0001-6096-5443
https://orcid.org/0000-0002-5457-0143
https://orcid.org/0000-0001-9389-5031


DOI:


UDC: 


https://doi.org/10.33108/sepd2022.nom2.025

 

338.45


JEL: 


O31


Keywords: 



investments
innovations
legal framework
industrial enterprises
state regulation
institutional regulation
investment and innovation policy


Number of pages: 


10


Page range: 


25-34


Start page: 


25


End page: 


34


Abstract: 


The article reveals the peculiarities of regulatory and legal support of innovative and investment activities of industrial enterprises, examines the institutional system of its regulation, identifies the weaknesses of this system and suggests methods for their improvement. The basic principles and necessity of state support and legislative regulation of innovation and investment activity are substantiated. The main types of strategies are analyzed and promising directions of regulation of innovative and investment activities of industrial enterprises are outlined. Theoretical, methodological and practical aspects of innovative and investment development of industrial enterprises and mechanisms of its implementation are considered. Modern technologies and tools of forecasting and modeling in the management of social and economic processes are studied. An analysis of the state of innovation, investment and scientific and technical potential of industrial enterprises of Ukraine was carried out, and proposals for increasing innovation and investment activity were developed. It is indicated that the main direction of processes in the field of innovations and investments for industrial enterprises should be the implementation of the results of scientific and technical achievements in production and increase the competitiveness of goods and services. The current realities and prospects of the introduction of innovative investment technologies in industry are analyzed. The specific features of innovation and investment processes at the enterprise, regional and national level are highlighted. The experience of leading countries in the implementation of the policy of innovation and investment development of industrial enterprises and the processes of adaptation of the regulatory and legal system of management and administration to European standards are disclosed. Means of legal, analytical and information support for the strategic development of industrial enterprises at the micro, meso and macro levels are presented, approaches to optimizing their innovative and investment activities are proposed. Innovative investment activity is considered as a set of norms of economic legislation and a sub-branch of economic law. Mechanisms of state regulation of innovative and innovative activities, industrial enterprises are disclosed, conditions of formation and implementation of state policy in this area are highlighted. It is noted that due to the insufficient innovation and investment activity of business entities, it is necessary to overcome the problems of attracting investments to the national economy, and subsequently to solve the task of achieving the self-development of the innovative system of Ukraine.


Sponsorship: 


The authors received no direct funding for this research.


URI: 


http://elartu.tntu.edu.ua/handle/lib/39598


ISSN: 


2223-3822


Copyright owner: 


Socio-Economic Problems and the State


URL for reference material: 


http://sepd.tntu.edu.ua/images/stories/pdf/2022/22lvoppu.pdf


References (International):

 

1. Derevianko, B. (2012). Pravove rehuliuvannia investytsiinoi ta innovatsiinoi diialnosti: navch. Posibnyk [Legal regulation of investment and innovation activity]. Donetsk: Kalmius [in Ukrainian].
2. Havrysh, O., Pylnova, V., Piskovets, O. (2020). Innovatsiine pidpryiemnytstvo: sutnist, znachennia ta problemy v suchasnykh umovakh funktsionuvannia [Innovative entrepreneurship: essence, meaning and problems in modern operating conditions]. Ekonomika ta derzhava. Vol. 12. Pp. 109−113 [in Ukrainian].

DOI: https://doi.org/10.32702/2306-6806.2020.12.109
3. Parasii-Verhunenko, I. (2015). Orhanizatsiino-metodychni aspekty analizu innovatsiinoho rozvytku pidpryiemstv [Organizational and methodological aspects of the analysis of innovative development of enterprises]. Naukovyi visnyk Uzhhorodskoho universytetu. Seriia «Ekonomika». Vol. 1 (45), Vol. 2. Pр. 181–186 [in Ukrainian].
4. Ivchenkova, O., Krykunenko, K. (2018). Innovatsiine pidpryiemnytstvo yak skladova stratehii rozvytku ekonomiky Ukrainy [Innovative entrepreneurship as a component of the economic development strategy of Ukraine]. Ekonomichnyi visnyk Donbasu. Vol. 3(53). Pp. 141−146 [in Ukrainian].
5. Nezhyborets, V. (2014). Innovatsiine pidpryiemnytstvo yak skladova ekonomichnoho zrostannia [Innovative entrepreneurship as a component of economic growth]. Teoriia i praktyka intelektualnoi vlasnosti. Vol. 1. Pp. 63−71 [in Ukrainian].
6. Bilyk, V. V. (2017). Derzhavne rehulyuvannya innovatsiyno-investytsiynoyi diyalʹnosti v Ukrayini. [State regulation of innovation and investment activity in Ukraine]. Ekonomika ta suspilʹstvo. Vol. 10. Pp.172-176. [in Ukrainian].


Content type: 


Article


Appears in Collections:


Scientific Journal "Socio-Economic Problems and the State", Vol.27, No.2

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