BUSINESS INFORM №8-2017

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Section: Regional Economy
UDC 331.5
Gnatenko I. A., Rubezhanska V. O.
The Logic of Introducing Innovation Activities into the Regional Labor Market in the Context of its Cyclical Development (p. 110 - 115)
The article is aimed at implementing an implication of the theory of wave-like (cyclical) evolutionary development of the economic system with regard to the regional labor market and determining the time for the most effective introduction of innovation influence according to development cycle of the labor markets in the Donetsk and Lugansk regions. The article schematically depicts the dissipative system of the cyclical evolutionary development of the regional labor market. The status of the regional labor market in each of the phases of the development cycle has been characterized. An evaluation of the efficiency of introducing innovations in the regional labor market, depending on the development cycle of this market, has been provided. The phase of the development cycle in which the labor markets of the Donetsk and Lugansk regions are effective has been defined, and the causal relationships that show these markets being in the «crisis» phase, have been described. It has been concluded that it would be useful to modify the existing policy of innovation impact on the regional labor markets of the Donetsk and Lugansk regions in line with the development phase of the markets indicated.
Keywords: regional labor market, theory of wave-like (cyclical) evolutionary development of economic system, phases of development cycle, bifurcation point.
Fig.: 2. Bibl.: 8.

Gnatenko Irina A. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Accounting and Banking, Luhansk Taras Shevchenko National University (3 Kovalia Str., Poltava, 36003, Ukraine)
Email: [email protected]
Rubezhanska Viktoriia O. – Assistant, Department of Finance, Accounting and Banking, Luhansk Taras Shevchenko National University (3 Kovalia Str., Poltava, 36003, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Gnatenko, Irina A., and Rubezhanska, Viktoriia O. (2017) “The Logic of Introducing Innovation Activities into the Regional Labor Market in the Context of its Cyclical Development.” Business Inform 8:110–115.

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