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BUSINESS INFORM №8-2015

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17

Section: Innovative Processes
UDC 330.341
Luchyk S. D., Luchyk M. V.
The Innovative Potential of the Carpathian Region: an Estimation of Development and the Economic Efficiency (p. 108 - 113)

The article is aimed to estimate the innovation potential of the Carpathian frontier region and determine the efficiency of its economic management in the modern system of the economic development. As result of the analysis, systematization and generalization of scientific publications by the leading domestic and foreign scientists, as well as use of the data the State Statistics Service of Ukraine for 2005-2014, an estimation of the innovative, intellectual and creative resources of the Carpathian region has been obtained. The study showed that in the region, despite the prevailing negative trends of staff reduction in the research institutions, inadequate funding of the scientific and scientific-technical works, a sufficiently powerful innovative potential has been generated. It has been substantiated that the low-tech model of the economy, which has been established in the Carpathian region, prevents the effective use of the available innovation potential. Prospects for further research in this direction contain estimating the investment climate in the Carpathian region and developing proposals to attract additional investments to enhance the innovative activity of economic entities. We consider this a priority direction to improve the competitiveness of frontier regions in the context of the European integration processes.
Keywords: innovation potential, frontier region, innovative activity, competitiveness of region
Fig.: 1. Tabl.: 1. Bibl.: 11.

Luchyk Svitlana D. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Accounting and Auditing, Chernivtsi Trade and Economics Institute of Kyiv National Trade and Economics University (7 Tsentralna Square, Chernivtsi, 58002, Ukraine)
Email: [email protected]
Luchyk Marharyta V. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Banking and Insurance, Kyiv Cooperative Institute of Business and Law (18 Mykhaila Lomonosova Str., Kyiv, 03022, Ukraine)
Email: [email protected]

Article is written in Ukrainan
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Reference to this article:
Luchyk, Svitlana D., and Luchyk, Marharyta V. (2015) “The Innovative Potential of the Carpathian Region: an Estimation of Development and the Economic Efficiency.” Business Inform 8:108–113.


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