scholarly journals The Importance of Research and Development Spending In the Context of Global Competitiveness and the Innovation Potential of the V4 Countries

2018 ◽  
Vol 2018 ◽  
pp. 1-13
Author(s):  
Beata Sofrankova ◽  
Dana Kiselakova ◽  
Veronika Cabinova ◽  
Erika Onuferova
Author(s):  
Olena Zayats ◽  

The article examines the competitive status and competitive positions of Ukraine. It proves that in the current context the competitive status of the national economy is determined by the presence of a strong global competitive force that provides dynamic growth based on innovation potential, developed institutions, infrastructure, ICT adoption, macroeconomic stability, health, skills, product market, labor market, financial system, market size, business dynamism rather than by traditional factors (natural resources, geopolitical situation). It has been identified that a wide range of factors in global competitive force establishment suggests the complexity of its assessment. It has been noted that in world economic practice the Global Competitiveness Index of the World Economic Forum is predominantly used to assess the competitive status of the national economy. It has been determined that according to this index, in the overall ranking among 141 countries in 2019, Ukraine ranked 85th (2009-2010 – 82/133; 2018 – 83/140). The article analyzes of the competitive status of Ukraine in the international arena in terms of twelve pillars of the studied index and in the context of components of the said pillars. The dynamics of Ukraine's global competitive force in recent years shows that there has not been any build up. However, if one analyzes it in terms of the criteria of the global competitive force of the domestic economy, their assessment is volatile: the main regression can be traced in the sphere of the financial system, where Ukraine dropped by 19 positions in one year (2018 – 117/140, 2019 – 136/141), and the greatest progress is observed in the product market, where Ukraine rose by 16 positions in one year (2018 – 73/140, 2019 – 57/141). Analysis of the components of Ukraine’s global competitive force criteria shows that the worst positions in terms of such components are as follows: non-performing loans (% of gross total loans) – 139/141 and soundness of banks – 131/141. The best positions are in terms of the following components: costs of starting a business – 14/141 and attitude towards entrepreneurial risk – 18/141.


1993 ◽  
Vol 19 (4) ◽  
pp. 897-914 ◽  
Author(s):  
Donald D. Bergh

The potential effects of “time series errors” in longitudinal analysis are examined empirically. Using a common hypothesis (the relationship between ownership concentration and research and development (R&D) spending) and a panel of 183 Fortune 500 firms (I 985-l 988) several time series errors are calculated. These analyses are then contrasted with the results of a procedure protected from time series errors. Comparisons show that (I) results may depend upon how researchers define and measure longitudinal effects; (2) time series errors can have significant effects on empirical findings; and (3) the linkage between ownership concentration and R&D may not be as clear-cut as previous studies have suggested. Recommendations for how researchers should account, save, and tell their time are offered.


2014 ◽  
Vol 68 ◽  
pp. 7-22
Author(s):  
Olga Miroshnychenko

Straipsnyje pateikiama kategorijos „inovacija“ traktuotė ir apibūdinami inovacijų tipai. Inovacijos yra esminis veiksnys, lemiantis nacionalinės ekonomikos konkurencingumą, šiuolaikinių įmonių konkurencinį pranašumą. Straipsnis apima Ukrainos įmonių inovacinio potencialo tyrimo rezultatus, inovatyvios veiklos Ukrainoje rodiklius ir jų lyginamąją analizę su Europos Sąjungos šalimis; aptariama inovatyvių įmonių dalis, inovatyvių įmonių santykis pagal inovacijų tipus, inovacinės veiklos išlaidų struktūra. Pateikiamas Ukrainos reitingas pagal globalaus konkurencingumo indekso ir inovacijų indekso dedamąsias. Aptariami esminiai Ukrainos įmonių inovacijų vystymo aspektai. Priorities for innovation development of Ukrainian enterprisesOlga Miroshnychenko SummaryThe definitions of the category “innovation” and types of innovation are being considered in the article. Innovations are crucial for the competiveness of a national economy. Today, they are the main competitive advantage of modern enterprises. A research of the innovation potential of Ukrainian enterprises has been done. The paper includes indicators of innovation activity in Ukraine and their comparison with those of the EU member states: proportion of innovative enterprises, share of enterprises with adopted innovations by the type of innovation, expenditures on research and development. The international position of Ukraine by elements of the Global Competitiveness Index, the sub-index of innovation and its elements has been considered. The paper answers the question of the key aspects of innovation development of Ukrainian enterprises.Key words: innovations, innovation activity, innovation potential, enterprise, Ukraine


The signing of the Association Agreement in 2014 provides for the development of innovation cooperation between Ukraine and the EU, so it is appropriate to analyze the development of innovation in Ukraine since the signing to assess the effectiveness of the agreement and identify weaknesses and strengths of Ukraine as an innovator and make appropriate recommendations. The object of the research of the article is the innovative development of country and accordingly the subject is the current state of the innovative development of Ukraine in the conditions of implementation of the Association agreement with Europen Union. The goal of the research is to determine the level of innovation development in Ukraine, highlight the main advantages and disadvantages and provide appropriate recommendations for improving the conditions of innovation development in the country in the framework of the Association Agreement. To achieve the goal of the the research analysis of the dynamics of indicators that characterize the level of innovation development in the country since the signing of the Agreement was conducted. The database is international rankings such as the Global Innovation Index, the Bloomberg Innovation Index, the Global Competitiveness Index and the EU Innovation Scoreboard. Results: based on the analysis of the dynamics of indicators of the level of innovation development in Ukraine, weaknesses that prevent Ukraine from realizing its innovation potential are identified and a correlation coefficient to assess the relationship between GDP per capita and the level of innovation development is calculated. Conclusions: despite the current Agreement between Ukraine and the EU, which should stimulate the development of technology in Ukraine, the level of innovative development in the country still remains low and lags far behind the level of EU states. Thus, Ukraine does not take full advantage of the Association Agreement. The given recommendations for increasing the level of innovation development in Ukraine based on european experience should help develop a strategy for the creation and implementation of innovations, find ways to increase the competitiveness of the Ukraine’s economy by implementation its innovation potential.


Agrekon ◽  
2019 ◽  
Vol 58 (1) ◽  
pp. 7-20 ◽  
Author(s):  
Petronella Chaminuka ◽  
Nienke Beintema ◽  
Kathleen Flaherty ◽  
Frikkie Liebenberg

2016 ◽  
Vol 3 (1) ◽  
Author(s):  
Mohd Aijaz

Indian manufacturing sector has been experiencing a sluggish growth since the last many years. The global manufacturing has undergone a paradigm shift in recent times relying on the growing network of supply chain. In the new manufacturing system, production is largely carried out through fragmentation-based vertical specialization. Research and Development (R&D) and consequent innovations determine the competitive strength in this highly fragmented production process. Statistics reveal that India spends a meagre proportion of GNP on R&D. This paper examines the status and role of in-house industrial R & D and discusses how R&D spending can promote business innovations and entrepreneurship crucial for sustaining the growth of Indian manufacturing in the midst of changing world of manufacturing.


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