Problemi Ekonomiki (Aug 2022)

Dominant Impact of Structural Transformation of the Economy of Ukraine on the Efficiency of the Investment Potential Development of Enterprises under Conditions of Uncertainty

  • Prokhorova Viktoriia V.,
  • Yukhman Yaryna V.

DOI
https://doi.org/10.32983/2222-0712-2022-3-62-69
Journal volume & issue
Vol. 3, no. 53
pp. 62 – 69

Abstract

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The article defines that the structural transformation of the economy is of great importance for the state, it determines the potential of its long-term development, as a result of which it becomes a strategic factor of general development not only for enterprises of a certain industry, but also for the country as a whole. That is why the structural transformation of Ukraine's economy has a dominant effect on the effectiveness of the development of the investment potential of all industrial enterprises, since today there is a decline in production, which directly depends on the latest innovative measures of the state's strategic development. On the basis of the structural priorities of the socio-economic development of Ukraine and the existing scientific, technical and innovative potential of the domestic economic sector, with the aim of ensuring competition in the scientific sphere, effective concentration of material, technical and financial resources to solve current problems in the economic sector of Ukraine, it is necessary to form long-term innovative programs in general industry in market conditions of management, where the main aspects of scientific and innovative activity of industrial enterprises are indicated. To date, in the economic field, innovations are not implemented very efficiently at effective industrial enterprises. It was concluded that the insufficient amount of financial and economic resources is one of the main reasons preventing the development of new types of products and technologies in the process of implementing innovative developments on the territory of our country. Financial institutions are reluctant to lend to risky innovative projects, and the existing financial and credit mechanism is imperfect and ensures the implementation of the results of applied scientific research in the domestic market and in the markets of developed countries of the world, where credit institutions are created with the participation of state authorities in order to provide guarantees, reducing the amount of use budgetary funds and distributing the risk between the borrower, the bank and the guarantor for the financing of innovative programs and the implementation of innovative projects. The development of industry on an innovative and scientific basis requires the training of a new generation of researchers and highly qualified specialists, ready to carry out innovative activities in market conditions.

Keywords