Financial regulation of innovative activity in Ukraine
The dissertation develops the theoretical and methodological principles of
innovation financial regulation and practical recommendations to improve its
efficiency in Ukraine for competitiveness strengthening of national economy.
The interpretation of innovation financial regulation as a coherent complex law
regulated application of budgetary and tax instruments with the purpose of state
institutes influence on functioning of the national innovative system, innovative
potential and innovative security in the country, aimed at competitiveness
strengthening and claim of innovative model of socio-economic development is
grounded. The theoretical foundations of innovation financial regulation are
systematized and deepened, the structure of financial regulation, budgetary and fiscal
instruments for its implementation is solved. The role of innovation in ensuring socio-
economic development in the modern world is founded out.
Methodological principles of innovation processes financial regulation are
designed and its institutional base in Ukraine in the context of the functioning of
formal and informal institutions regulation is conceptualized. The economic content,
structure and principles of the national innovation system is solved, its efficiency is
analyzed. Scientific basis for the formation of modern system of innovative activity
financial regulation in Ukraine are substantiated.
The state and dynamics of innovation in Ukraine, the indicators of scientific and
technological activities in the national economy, especially the functioning of innovation
infrastructure in terms of building an innovative model of Ukraine development are
analyzed. The efficiency of budgetary and fiscal management of Ukrainian innovation
processes is evaluated. Indicators of innovation financial regulation in the domestic
economy by using multiple regression models are modeled. The diagnosing of
innovation performance differentiation indicators and implementation of innovative
potential of Ukraine’s regions based on cluster analysis are done.
The strategy of innovation financial regulation in Ukraine which is based on the
concept of national economy innovative potential formation is formed. The structural-
logical model of financial regulation strategy of innovation which includes: the goals
of regulation and financial instruments to achieve them; isolation systems responsible
for developing and implementing strategies of public institutions; Directions
implementation within specific institutional, scientific, technical, financial,
infrastructure, the European integration blocks of strategy is offered.
Conception of forming a national economy innovative potential is outlined and its
qualificatory role in strategy of the financial regulation is proved. Interpretation of
innovative potential as totalities of financial, institutional and other possibilities of
country, the level of realization of that stipulates ability to provide the positive dynamics
of innovative activity and stimulate it in a long-term prospect in the conditions of
intensification of innovative processes and increase of competition in a global economy
is offered. The main indicators of innovative state security in modern globalized
financial environment is offered. The ways of foreign experience implementing of
innovative activity financial regulation in Ukraine are determined. Thus fundamental is
accordance of strategy of innovative activity financial regulation to the doctrine of
Ukraine economic politics taking into account the dynamics of eurointegration.
The theoretical, methodological and scientifically-applied results of research can
be used in the process of forming and realization the state financial politics that will
give an opportunity to promote efficiency of innovative activity financial regulation in
Ukraine and will assist the construction of competitive national economy in the
conditions of globalization.
Keywords: financial politics, financial regulation, innovative activity, financial
regulation of innovative activity, financial regulation instruments, budgetary and tax
instruments, regulation institutes, national innovative system, state sponsorship,