INNOVATION-INVESTMENT PROVISION OF REGIONAL ENVIRONMENTALLY SAFE DEVELOPMENT

Authors

DOI:

https://doi.org/10.18371/fcaptp.v3i38.237478

Abstract

Abstract. The purpose of the scientific publication is to analyze the dynamics of innovation and investment support for regional ecological development, to identify prospective ways to improve the financial incentives for innovative environmentally-oriented development of Ukrainian regions. The achievement of the purpose of environmentally sustainable development of the country and its regions requires an innovative approach, which  essence is to introduce innovations aimed at accelerating quantitative and qualitative changes in the methods of management combined with the development and absorption of environmentally safe innovations, the development of the market for innovative environmental goods and services. The article emphasizes that the innovative eco-sustainable development is the main means of solving a wide range of problems in almost all spheres of life and characterizes the quality of the socio-economic system of the country as a whole and its regions. The article discusses the features of implementation of innovations and investment in the regional ecological development. It analyses the  dynamics of innovation-investment support of regional ecological development based on calculations of innovation-scientific and investment indicators. This provided the basis for their rating assessment and identification of the interregional differentiation of administrative regions of Ukraine according to the indexes, which could be the basis for making managerial decisions on innovation and investment support for environmentally sustainable development, taking into account regional peculiarities. It is proved that for the activation of innovation and investment support for regional eco-sustainable development, it is necessary to determine its preconditions, taking into account the assessment of the possibilities of implementation of innovations and attraction of investments in the regions of Ukraine. Indices of innovation and investment support for environmentally safe development of the region are calculated on the basis of statistical data that have an enormous influence on their level and their grouping has been conducted according to qualitative features. A number of measures have been proposed to improve the financial incentives for innovative environmentally-oriented regional development.

Keywords: innovation and investment projects, eco-sustainable development, environmental innovations, innovation activity, capital investments, financial sources.

JEL Classification Q56, R58, O31, G31

Formulas: 0; fig.: 3; tabl.: 3; bibl.: 19.

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Published

2021-06-30

How to Cite

Skorokhod І., & Horbach, L. (2021). INNOVATION-INVESTMENT PROVISION OF REGIONAL ENVIRONMENTALLY SAFE DEVELOPMENT. Financial and Credit Activity: Problems of Theory and Practice, 3(38), 456–464. https://doi.org/10.18371/fcaptp.v3i38.237478

Issue

Section

The social-humanitarian context of transformational finance-economical processes