Assessment of Ukraine innovation development through international indices

Abstract

The problem of innovative state of enterprises in Ukraine is investigated in the article. The basic principles and characteristics of the Global Innovation Index and Ukraine's place in the ranking of innovative development of the economy are analyzed. The study reveals the position of the country, the dynamics of its innovative potential. It determines the essence of the index of global competitiveness. The estimation of Ukraine on the main components of the index is conducted. The article provides detailed analysis of changes in key components of global competitiveness index. The index of the global competitiveness of subscript "innovation" is investigated and some positive dynamics of Ukraine's innovation potential are revealed. It analyzes components changes of capacity for innovation, quality of scientific research institutions, companies’ expenditure on research and development, the level of cooperation of universities and industry in scientific and technical development and research, state procurement of high-tech products, the availability of scientists and engineers. This article determines the reasons for the absence of positive dynamics in interaction between education and industry and characterizes the role of state regulation of innovation policy. It states the necessity of the reformation of the innovation policy through the existing imbalance between the pace of scientific and technological developments and the real state of fixed assets in the industry. Modification of the current innovation policy taking into account the factor of adaptability to external and internal conditions of the country’s economy is proposed.