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The Conceptual Aspects of Reindustrialization of Economy, Based on Technological Modernization
Sytnyk N. S., Shushkova Y. V.

Sytnyk, Natalia S., and Shushkova, Yuliia V. (2019) “The Conceptual Aspects of Reindustrialization of Economy, Based on Technological Modernization.” Business Inform 11:61–67.
https://doi.org/10.32983/2222-4459-2019-11-61-67

Section: Mechanisms of Regulation of the Economy

Article is written in Ukrainian
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UDC 330.101.541:004

Abstract:
The article developes the conceptual aspects of reindustrialization of economy, based on technological modernization. Based on the analysis of interpretations of definitions such as «industrialization», «reindustrialization» and «modernization», the authors’ own definition of the essence of reindustrialization of economy, based on technological modernization, is presented. The goal and tasks are formulated, a number of basic conditions for efficient implementation of these processes is allocated. It is proved that achieving a specific goal in the formation and development of national production, building up the potential and ensuring competitiveness of industries and other basic economic activities based on intellectualization is possible if certain priority tasks are realized, including: activization of the development of promising industries and strengthening the competitiveness of the economy in the foreign market; development of education, science, innovation sector and introduction of innovations, strengthening the interaction of science, education and production; improvement of structure of the economy and creating new jobs; ensuring the conditions for digitalization of the economy and society; development of new progressive spheres of information technology development, biotechnology, technology in machine-building, new energetics, etc. It is defined that a systematic approach is needed to effectively implement these processes, which involves the application not only of the economic and legal frameworks, but also of the institutional, organizational, financial, investment instruments and measures in terms of public industrial policy. The authors see the prospects for further research in the study of basic mechanisms and instruments of the State regulation of the processes of reindustrialization and modernization in the real sector of the Ukrainian economy.

Keywords: industrialization, reindustrialization, modernization, technological modernization.

Fig.: 1. Bibl.: 10.

Sytnyk Natalia S. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Financial Management, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]
Shushkova Yuliia V. – Doctor of Sciences (Economics), Professor, Professor, Department of Financial Management, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]

List of references in article

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