Digitization of Investment-Innovation Development of Ukrainian Economy: Empirical Analysis

Autor: Svitlana Tkalenko, Liudmyla Kudyrko, Natalya Sukurova, Natalia Litvin
Rok vydání: 2021
Předmět:
Zdroj: Comprehensible Science ISBN: 9783030660925
DOI: 10.1007/978-3-030-66093-2_5
Popis: This article reveals the principles of research of investment-innovation development of the country in terms of digitization of the economy, which will lead to economic growth and increase the country’s competitiveness on the world market. The article reveals the global trend of digitization, analyzes approaches to digitization, identifies the place of information and communication and digital technologies at the current stage of economic development, and focuses on the need of digital transformation of Ukraine. The authors focus on the multifaceted processes of digitization and digital transformation of the world’s economies. Current trends of digital transformation of the world’s economies and various processes have necessitated this study. In particular, the authors pay more attention to the digitization of investment-innovation development of Ukrainian economy on the basis of empirical analysis. The role and importance of foreign direct investments and the need of financing innovations in the digital transformation of Ukraine’s economy to accelerate economic growth and increase global competitiveness are proved. Based on the analysis of works of domestic and foreign scientists, author’s research and generalization of world economic development trends and Ukraine’s for the last twenty years, the leading place of foreign direct investments and innovations in transformation processes that promote rapid economic growth have been proved. The econometric model constructed by the authors showed the relationship between macroeconomic factors (GDP, foreign trade, inflation and employment) and their influence on investment-innovation development in terms of digitization of economy.
Databáze: OpenAIRE