INNOVATION AND INVESTMENT COMPONENTS OF ECONOMIC DEVELOPMENT IN BULGARIA AND UKRAINE

Nataliia Silicheva

INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "CONSTRUCTION ENTREPRENEURSHIP AND REAL PROPERTY", 2021, issue 1, 199-204

Abstract: The article considers the main trends in the development of the investment components of development in Bulgaria and Ukraine. Investment policy is the most important component of the longterm economic strategy of states, includes the use of methods to stimulate investment activity in the country and affects the implementation of state and regional investment programs. Any model of economic management in the state should be subordinated to a number of basic goals: stimulation of innovation activity, development of scientific and technical potential, state economic security, and, most importantly, creation of economic and social conditions for the improvement of the citizens' welfare. One of the factors that contribute to realization of these goals is the implementation of investment and innovation activity both on macro- and micro-level.

Keywords: Competitiveness; Investment; innovation; Investment strategy (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:emccon:y:2021:i:1:p:199-204

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