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BUSINESS INFORM №2-2017The title and content ABSTRACTS AND INFORMATION ABOUT AUTHORS
47
Section: Management and Marketing UDC 331.101.262 Berezhna N. I. The Role of Motivation and Incentive in the Economic Development of Contemporary Ukraine (p. 317 - 321)
The article is aimed at substantiation of the necessity of new qualities of motivation and incentive in the light of experience of different world countries in order to accelerate the development of Ukrainian economy. It has been specified that in the current conditions notably incentive contributes to activating and accelerating the development of economy at the account of the main directions – improving the technological level of production and formation of human capital. The country’s other available means of incentive are primarily the same as half a century ago, despite the fact that many of them cause no effect, the majority of moral incentives are no longer impacting the activities of workers and enterprises. There is no doubt that one has to generate own events, forms, and methods of motivation and incentive, taking into consideration the mental features and current status of development of the country. However, experience of other countries may also be useful, adopting which does not require significant material costs, but can nonetheless provide a high effectiveness. Keywords: human capital, technological mode, motivation, incentive. Tabl.: 3. Bibl.: 8. Berezhna Nadiya I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Political Economy, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine) Email: [email protected]
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Reference to this article: Berezhna, Nadiya I. (2017) “The Role of Motivation and Incentive in the Economic Development of Contemporary Ukraine.” Business Inform 2:317–321.
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