Bìznes Inform (Oct 2019)
Strategic Priorities of Introducing Smart-Specialization into Ukraine’s Industry
Abstract
The article is aimed at exploring the potential of smart specialization of industry in the regions of Ukraine and developing recommendations on measures of the State support for the introduction of this approach in the industry, taking into account the world experience and Ukrainian realities. The advantages of applying the smart specialization approach to bringing the industry out of crisis, revitalizing the innovative component of growth and developing new industry branches are described. Key principles of the approach have been defined, which consist in selectivity, cross-sectorality, inclusiveness and innovation-orientedness. The results of calculations of the localization coefficients of industrial production for the specialization industries in the regions of Ukraine are presented and analyzed. The obstacles to the introduction of the smart specialization approach in Ukraine are detailed, with regard to the low innovation, digital, managerial and financial readiness of potential participants. A number of first-line measures to implement the approach in Ukraine have been proposed, including: development of the White Paper and the Smart Specialization Strategy; creation of the State system for the development and protection of key technologies; increased engagement with the EU smart-specialization institutions and development of partnerships with European regions; elaboration of an information-analytical support system for smart specialization; provision of diversifying the sources of financing for regional smart-specialization projects; introduction of instruments to support the participation of SMEs and universities; attraction of private investment and others.
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