Innovative potential of the consumer sector of the economy: financial, economic and legal aspects
Keywords:
innovative capacity, consumer sector, housing facilities stock, services sector, education, social safety, national economy, urban economics.
Abstract
The authors of the article have analyzed the legal, financial and economic aspects of the innovative capacity of the consumer sector of the national economy of Ukraine. The problems that slow down the process of forming the innovative capacity of the consumer sector of the national economy have been identified. The results of theoretical and methodological research of the essence of the innovative capacity of the consumer sector of the national economy have been presented. It has been offered to consider the following the most influential financial and economic aspects for the formation of the innovative capacity of the consumer sector of the national economy: the dynamics of issuing security documents for industrial property facilities in Ukraine; volumes and sources of financing of innovation activity in Ukraine; motivation to intensify innovation activity. It has been concluded that Ukraine has created a regulatory legal base for regulating innovation activity, but it needs further improvement and adaptation to European legislation. It has been determined that the innovative capacity of education as a component of the consumer sector of the national economy is influenced by several factors, namely: the dynamics of budget funding of general secondary educational institutions and the dynamics of changing in the number of such institutions. The authors have suggested the list of resources, which are expedient to involve at acceleration of the process of the formation of innovative capacity of the consumer sector of the national economy.
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References
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State Statistical Service of Ukraine (2020). Statistical information. Retrieved October 22, 2021, from http://www.ukrstat.gov.ua
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Tkalenko, N. V. (2011). Strategy of innovative potential development on the regional level. “Journal of ZSTU”: Economics, Management and Administration, 1(55), pp. 280–281.
Vikhlyaieva, N.V. (2018). The Algorithm for Constructing Cognitive Maps of Formation of Innovation Potential of the Power-generating Enterprises. Market Infrastructure, 15, pp. 42-49. (In Ukranian)
Volodin, S.A. and Chekamova, O.I. (2017). Theoretical principles for the formation and implementation of innovative capacity in the development of economy. The economy of the AIC, 5, pp. 65-72. (In Ukranian)
Yankovets, T.М. (2010). Innovative Strategies of Light Industry Enterprise as a Tool of Its Innovative Potential Realization. Actual problems of Economics, 2(104), pp. 167-174.
Yepifanova, I.Yu., & Hladka, D.A. (2018). Innovative Potential of the Enterprise: Essence, Components and Factors of Influence. Economy and society, 14, pp. 354-360.
Yereskova, T., Mazyruk, O., Aleksandrova, O., Tymofieieva, H., & Zavadskyi, V. (2021). State of Societal Uncertainty as a Pattern of Modern Ukrainian Society. Journal of Population and Social Studies, 29, pp. 67-81.
Department of Economics and Investments of the executive agency of the City Council (KMDA) (2020). Program of economical and social development of Kyiv for 2018-2020. Retrieved October 24, 2021, from https://dei.kyivcity.gov.ua/content/programa-ekonomichnogo-i-socialnogo-rozvytku-m-kyieva-na-20182020-roky.html
Glushenkova, A. (2016). The structure of the innovative potential of enterprises in the sphere of telecommunications and information. Economics. Management. Business, 4(18), pp. 100-106. (in Ukranian)
Grigashkina, S., Lazarenko, Yu., Garafonova, O., Marhasova, V., & Tkalenko, N. (2019). Managing Organizational Open Innovation Capability in a Knowledge-Intensive Business Environment. MATEC Web of Conferences, Vol. 297. 1-8. Retrieved October 22, 2021, from https://www.matec-conferences.org/articles/matecconf/pdf/2019/46/matecconf_ispcime18_07002.pdf
Hurochkina, V.V. (2015). Innovation potential of the enterprise: the essence and protection system. Economics: time realities, 5 (21), pp. 51-57. (in Ukrainian)
Huk, O.V., Deineka, O.S., and Lieskin, R.I. (2016). Innovative Potential as a Tool of Enterprisesupport Innovation. Global and National Problems of Economics, 14, pp. 348-351, from http://global-national.in.ua/archive/14-2016/72.pdf
Arbeláez-Campillo, D. F., & Espinoza, J. J. V. (2020). Escenarios prospectivos de un nuevo orden internacional que se vislumbra luego de la pandemia COVID-19. Telos, 22(3), https://doi.org/10.36390/telos223.02
Khmyzova, O. V., & Sysan O. M. (2016). Directions of Development of Innovative Potential of Enterprises. Scientific Works. Economics, 285(273), pp. 83-88. (in Ukrainian)
Law No. 1560-XII. (1991). On Investment Activity, No. 1560-ХІІ, September 18, 1991. Retrieved October 24, 2021, from https://zakon.rada.gov.ua/laws/show/1560-12?lang=en#Text
Law No. 254к/96-VR. (1996). Constitution of Ukraine, No. 254к/96-ВР, June 28, 1996. Retrieved October 19, 2021, from https://zakon.rada.gov.ua/laws/show/254%D0%BA/96-%D0%B2%D1%80#Text
Law No. 991-XIV. (1999). On Special Regime of Investment and Innovation Activity of Technological Parks, No. 991-XIV, July 16, 1999. Retrieved October 24, 2021, from https://zakon.rada.gov.ua/laws/show/991-14#Text
Law No. 1023-XII (1991). On Protecting Consumer Rights, No. 1023-XII, May 12, 1991. Retrieved October 24, 2021, from https://zakon.rada.gov.ua/laws/show/1023-12#Text
Law No. 40-IV (2002). On Innovation Activity, No. 40-IV, July 4, 2002. Retrieved October 24, 2021, from https://zakon.rada.gov.ua/laws/show/40-15#Text
Law No. 436-IV (2003). The Commercial Code of Ukraine, No. 436-IV, January 16, 2003. Retrieved November 12, 2021, from https://zakon.rada.gov.ua/laws/show/436-15#Text
Law No. 3715-VI (2011). On the Priority Directions of Innovation Activity in Ukraine, No. 3715-VI, September 8, 2011. Retrieved October 22, 2021, from https://zakon.rada.gov.ua/laws/show/3715-17?lang=uk#Text
Law No. 848-VIII (2015). On scientific and scientific-technical activity, No. 848-VIII, November 26, 2015. Retrieved October 22, 2021, from https://zakon.rada.gov.ua/laws/show/848-19#Text
Loiko, D.M. (2018). Characteristics of the Consumer Sector of the Economy as a Socio-economic System. Market Infrastructure, 22, pp. 43-47. (In Ukranian)
Main Statistical Directorate of Kyiv (2021). Settlements and housing. Housing facilities stock of the Kyiv City (1995-2020). Retrieved October 24, 2021, from http://www.kiev.ukrstat.gov.ua/p.php3?c=445&lang=1
Maslak, O., Bezruchko, O., & Maslak, M. (2014). Managment of innovation potential in conditions cyclicity. Economics and organization of management, 1-2, 166 – 173, from https://jeou.donnu.edu.ua/article/view/1054?source=/article/view/1054
Paulik, A.Ya. (2015). Problems and perspectives for the development of innovative capacity of the regional economy. Scientific Bulletin of Mukachevo State University, Issue 2(4), Part 1, pp. 169 – 175. (In Ukranian)
Shylova, O.Yu., & Chermoshentseva, E.S. (2012). The innovative potential of the enterprise: the nature and mechanism of control. Marketing and management of innovations, 1, pp. 220-227. (In Ukranian)
State Statistical Service of Ukraine (2020). Statistical information. Retrieved October 22, 2021, from http://www.ukrstat.gov.ua
Teremetskyi, V., Solyannik, K., Zakomorna, K., Poproshaieva, O., & Yakovchuk, Ya. (2021a). Fiscal Decentralization of Ukraine: Search for new Approaches for the Development of Local Self-government. Financial and Credit Activity: Problems of Theory and Practice, 2(37), pp. 180-189. Doi: https://doi.org/10.18371/fcaptp.v2i37.229957
Teremetskyi, V., Velychko, V., Lialiuk, O., Gutsul, I., Smereka, S., & Sidliar, V. (2021b). Challenges for local authorities: the politics and practice of financial management in the way for Sustainable Development. Journal of Legal, Ethical and Regulatory Issues, 24, Special Issue 1(1S), pp. 1-7. Retrieved October 22, 2021. From https://www.abacademies.org/abstract/challenges-for-local-authorities-the-politics-and-practice-of-financial-management-in-the-way-for-substainable-developme-11807.html
Tkalenko, N. V. (2011). Strategy of innovative potential development on the regional level. “Journal of ZSTU”: Economics, Management and Administration, 1(55), pp. 280–281.
Vikhlyaieva, N.V. (2018). The Algorithm for Constructing Cognitive Maps of Formation of Innovation Potential of the Power-generating Enterprises. Market Infrastructure, 15, pp. 42-49. (In Ukranian)
Volodin, S.A. and Chekamova, O.I. (2017). Theoretical principles for the formation and implementation of innovative capacity in the development of economy. The economy of the AIC, 5, pp. 65-72. (In Ukranian)
Yankovets, T.М. (2010). Innovative Strategies of Light Industry Enterprise as a Tool of Its Innovative Potential Realization. Actual problems of Economics, 2(104), pp. 167-174.
Yepifanova, I.Yu., & Hladka, D.A. (2018). Innovative Potential of the Enterprise: Essence, Components and Factors of Influence. Economy and society, 14, pp. 354-360.
Yereskova, T., Mazyruk, O., Aleksandrova, O., Tymofieieva, H., & Zavadskyi, V. (2021). State of Societal Uncertainty as a Pattern of Modern Ukrainian Society. Journal of Population and Social Studies, 29, pp. 67-81.
Published
2022-05-29
How to Cite
Loiko, V., Teremetskyi, V., Loiko, D., Ivanova, A., & Pozdieieva, K. (2022). Innovative potential of the consumer sector of the economy: financial, economic and legal aspects. Amazonia Investiga, 11(52), 155-164. https://doi.org/10.34069/AI/2022.52.04.17
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