Innovation Activity by Enterprises of Ukraine and Odessa Region as a Means of Increasing Labor Productivity
Journal Title: Бізнес Інформ - Year 2016, Vol 2, Issue
Abstract
The article is concerned with analysis of the level of innovation activity by industrial enterprises of Ukraine as a whole, and of the Odessa region in particular, as a key means of increasing labor productivity, growth of competitiveness of domestic business, and improving the well-being of population. Dynamics of the global competitiveness index of Ukraine for 2010-2015 has been provided, the main competitive advantages of our State have been determined. Place of Ukraine in the main rankings for innovation (Global Innovation Index, Bloomberg Rankings) has been presented, the related major strengths and weaknesses have been identified. Separately, an analysis of the level of innovation activity by industrial enterprises of Odessa region was conducted, which was supplemented by identifying major constraints on the innovation development in this sector of economy. The necessity of activating innovation at all levels of economy together with further definition of the top priorities for each region has been substantiated. Prospect of further research is to determine concrete measures likely to encourage the innovation activity by domestic enterprises.
Authors and Affiliations
Olga Orlenko
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