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Improvement of Regional Innovation Policy in Ukraine in the Sustainable Development Context

Inna Koblianska () and Larysa I. Kalachevska ()
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Larysa I. Kalachevska: Sumy National Agrarian University, Sumy, Ukraine

Bulgarian Economic Papers (www.bep.bg) from St Kliment Ohridski University of Sofia, Faculty of Economics and Business Administration / Center for Economic Theories and Policies

Abstract: In the light of the Sustainable Development (SD) concept, the eco-innovation promotion becomes the central issue of innovation regulation. Given the strategic significance of SD goals for Ukraine and ongoing powers decentralization reform, it is desirable to study the capacity of regional and local authorities to form a proper incentive environment for the sustainable community’s development on innovation (eco-innovation) basis. The conducted analysis shows a limited capacity of regional and local bodies to set drivers of the eco-innovation development in motion. The need to extend the authorities’ powers in the field of resource prices and local tax rates setting and to strengthen the environmental orientation of existing innovation regulation tools is emphasized, in order to improve the regional innovation policy in Ukraine.

Keywords: innovation policy; sustainable development; regional policy; eco-innovation; eco-innovation drivers (search for similar items in EconPapers)
JEL-codes: O38 O31 Q01 Q58 R5 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis, nep-env, nep-tra and nep-ure
Date: 2019-01, Revised 2019-01
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