Innovation Activity in Ukraine: Analysis and Forecasting

Abstract

The article is aimed at researching the status and tendencies of developing the innovation activity in Ukraine, defining shortcomings and identifying development prospects. The research sets the task to analyze the indicator of volume of the innovative products sold, simulate it and build predictive functions. It is determined that the dynamics of the number of enterprises, which introduced innovations, and their specific weight in the total number of industrial enterprises tend to decrease. The dynamics of sales volumes of innovative products also tend to decrease. Building trend models of five kinds and defining the coefficient of determination for each of them have revealed that for further calculations on forecasting of the researched indicator it is expedient to choose a trend model in the form of a parabola of the 2nd order and an exponential trend model. Prospects for further research are the search for factors influencing innovation activity and determination of the degree of their influence by conducting correlation-regression analysis, elaboration of measures on development of innovative activities in Ukraine.

Keywords

• innovation
• innovation activity
• function
• trend