Formation conditions and criteria of regional innovation systems in Ukraine

Olena Slozko ()

ERSA conference papers from European Regional Science Association

Abstract: Considering the prospects of regional innovation systems in Ukraine, theoretically found the key organizational and institutional settings that allow the potential of regional innovation systems. A criterion for the onset of systematic innovation at the regional level. They are divided into infrastructure and under- structure parameters. The first question concerns the degree of infrastructure regional financial competence. This includes private and public finances. Where there is a regional stock exchanges, firms, especially small and medium-sized can find financial resources at the local capital market. Regional innovation management process assists in the interaction of the parties, including the competence of public and private resources. The revival of public-private investment in Ukraine can also help to build capacity, reputation, trust and reliability among regional partners. State regional budgets are also important in mobilizing regional innovation capacity. Three types of budget competencies. The first - the regions have the right to manage decentralized expenditure. For example, when the region is the channel through which funds are nation-wide. The second category is applicable in cases where the regions are competent in autonomous spending. This happens when regions determine how the grant will be spent allocated from the national budget. The third category - the regions have the power to collect taxes as well as for the autonomous distribution, which creates opportunities for regional innovation. The strongest basis for promoting regional innovation is found in regions with credit opportunities, and in the regions with autonomous expenditure and authority to collect taxes. The competence of regional authorities to infrastructure issues are divided according control and influence on investment: in 'hard' infrastructure projects such as transport and telecommunications and 'soft' - infrastructure knowledge, such as universities, research institutes, science parks and technology transfer centers. Most regions lack the budget to the most strategic of them, but many have the power to design and construction of such facilities.

Keywords: innovations; infrastruter; innovative activity; innovation development (search for similar items in EconPapers)
JEL-codes: Q32 Q35 (search for similar items in EconPapers)
Date: 2015-10
New Economics Papers: this item is included in nep-ino and nep-sbm
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