IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2021i7p148-176.html
   My bibliography  Save this article

Assessment of Technological Competitiveness of Ukraine in Terms of Association with the EU

Author

Listed:
  • Igor Matyushenko
  • Serhii Hlibko
  • Mariana Petrova
  • Olena Khanova
  • Maryna Loktionova
  • Kamila Trofimchenko

Abstract

Research background: The paper accounts for the problem of assessing the factors of the formation of Ukraine’s technological competitiveness in the face of new challenges for the state in the process of developing relations with the EU. Purpose of the article: The aim of the report is to assess the level of technological competitiveness of the Ukrainian economy and determine the most important factors for its further development in the conditions of association with the EU. Methods of the article: The article presents the scheme of research of technological competitiveness of Ukraine on the basis of qualitative and economic-statistical analysis, analysis of comparative advantages, cluster and correlation-regression analysis. Findings & Value added: The analysis of world rankings has shown that the technological competitiveness of Ukraine determines comparative factor advantages in coverage of higher education, availability of scientific staff, and quality of research institutions, but low state support, lack of stability, and problems in institutional development hamper the country’s innovative potential. The identification of competitive advantages in trade in high-tech products demonstrates that Ukraine remains an importer of high-tech products; relatively small comparative competitive advantages among the high-tech products of Ukraine has only products of the aerospace industry. Ñluster analysis showed that Ukraine is in the same cluster as Poland. Bulgaria and Romania, which have not yet fully consistent with the level of technological competitiveness of EU leaders; among the strengths of Ukraine are the development of human resources and labour effect. The correlation analysis between the components of the Global Innovation Index and the factors of increasing Ukraine’s competitiveness indicates a moderate link between the development of clusters, the ratio of expenditures on R&D to GDP, and the export of ICT services. In order to increase the level of technological competitiveness of Ukraine: to increase both foreign investments and state financing; improvement of regulatory acts, reduction of corruption, institutional improvement; support of technologies through regional cluster programs or “smart specialisation”; integration into the European Research Area.

Suggested Citation

  • Igor Matyushenko & Serhii Hlibko & Mariana Petrova & Olena Khanova & Maryna Loktionova & Kamila Trofimchenko, 2021. "Assessment of Technological Competitiveness of Ukraine in Terms of Association with the EU," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 148-176.
  • Handle: RePEc:bas:econst:y:2021:i:7:p:148-176
    as

    Download full text from publisher

    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2021/2021-7/9_Mariana-Petrova_f-F.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fagerberg, Jan, 1988. "International Competitiveness," Economic Journal, Royal Economic Society, vol. 98(391), pages 355-374, June.
    2. Adam P. Balcerzak, 2015. "Europe 2020 Strategy and Structural Diversity Between Old and New Member States. Application of zero-unitarizatin method for dynamic analysis in the years 2004-2013," Working Papers 122/2015, Institute of Economic Research, revised Apr 2015.
    3. Hausmann, Ricardo & Klinger, Bailey, 2006. "Structural Transformation and Patterns of Comparative Advantage in the Product Space," Working Paper Series rwp06-041, Harvard University, John F. Kennedy School of Government.
    4. Becker, Sascha O. & Egger, Peter H. & von Ehrlich, Maximilian, 2012. "Too much of a good thing? On the growth effects of the EU's regional policy," European Economic Review, Elsevier, vol. 56(4), pages 648-668.
    5. Cesar A. Hidalgo & Ricardo Hausmann, 2009. "The Building Blocks of Economic Complexity," Papers 0909.3890, arXiv.org.
    6. Weresa Marzenna Anna, 2019. "Technological competitiveness of the EU member states in the era of the fourth industrial revolution," Economics and Business Review, Sciendo, vol. 5(3), pages 50-71, September.
    7. Cassidy, Mark & O'Brien, Derry, 2007. "Ireland's Competitiveness Performance," Quarterly Bulletin Articles, Central Bank of Ireland, pages 93-127, April.
    8. Edsand, Hans-Erik, 2019. "Technological innovation system and the wider context: A framework for developing countries," Technology in Society, Elsevier, vol. 58(C).
    9. Fagerberg, Jan, 1988. "International Competitiveness: Errata," Economic Journal, Royal Economic Society, vol. 98(393), pages 1203-1203, December.
    10. Viktor Koval & Ganna Duginets & Oksana Plekhanova & Andrii Antonov & Mariana Petrova, 2019. "On the supranational and national level of global value chain management," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1922-1937, June.
    11. Fabrizio Barca & Philip McCann & Andrés Rodríguez‐Pose, 2012. "The Case For Regional Development Intervention: Place‐Based Versus Place‐Neutral Approaches," Journal of Regional Science, Wiley Blackwell, vol. 52(1), pages 134-152, February.
    12. Jeremy Howells & Jonathan Michie, 1998. "Technological Competitiveness in an International Arena," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 5(3), pages 279-293.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Boschma, Ron & Capone, Gianluca, 2015. "Institutions and diversification: Related versus unrelated diversification in a varieties of capitalism framework," Research Policy, Elsevier, vol. 44(10), pages 1902-1914.
    2. Ganguly, Arpan & Spinola, Danilo, 2024. "Growth and distribution regimes under global value chains: Diversification, integration, and uneven development," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 634-649.
    3. Niccolò Innocenti & Francesco Capone & Luciana Lazzeretti & Sergio Petralia, 2022. "The role of inventors’ networks and variety for breakthrough inventions," Papers in Regional Science, Wiley Blackwell, vol. 101(1), pages 37-57, February.
    4. Marco Di Cataldo & Vassilis Monastiriotis, 2020. "Regional needs, regional targeting and regional growth: an assessment of EU Cohesion Policy in UK regions," Regional Studies, Taylor & Francis Journals, vol. 54(1), pages 35-47, January.
    5. Filippo Bontadini, 2019. "Trade Specialisation and Performance in Global Value Chains," SPRU Working Paper Series 2019-10, SPRU - Science Policy Research Unit, University of Sussex Business School.
    6. Yue Teng & Dic Lo, 2019. "Determinants of Developing Countries' Export Upgrading: The Role of China and Productive Investment," Working Papers 227, Department of Economics, SOAS University of London, UK.
    7. Gordeev, Roman, 2020. "Comparative advantages of Russian forest products on the global market," Forest Policy and Economics, Elsevier, vol. 119(C).
    8. Jan Fagerberg & Martin Srholec, 2017. "Global Dynamics, Capabilities and the Crisis," Economic Complexity and Evolution, in: Andreas Pyka & Uwe Cantner (ed.), Foundations of Economic Change, pages 83-106, Springer.
    9. Güzin Bayar, 2022. "Turkey's sectoral exports: A competitiveness approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 2268-2289, April.
    10. Ahmet Faruk Aysan & Yavuz Selim Hacihasanoglu, 2007. "Investigation on the Determinants of Turkish Export-Boom in 2000s," Working Papers 2007/19, Bogazici University, Department of Economics.
    11. Keil, Sascha, 2024. "Assessing the role of non-price factors: Shedding new light on the European competitiveness puzzle," International Economics, Elsevier, vol. 178(C).
    12. Sarah Guillou, 2006. "Competitiveness and export market shares in high tech industries in the US and the EMU countries: A comparative study," Working Papers hal-03607649, HAL.
    13. Angela Cheptea & Lionel Fontagné & Soledad Zignago, 2014. "European export performance," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 150(1), pages 25-58, February.
    14. Mario Cimoli & Gabriel Porcile, 2010. "Specialization, Wage Bargaining And Technology In A Multigoods Growth Model," Metroeconomica, Wiley Blackwell, vol. 61(1), pages 219-238, February.
    15. Antonella Chiappelo & Alejandro Danón & Guillermina Marto & Nicolás Pinto, 2019. "Tell me what you export today and I will tell you what you will export tomorrow: The Product Space and the Evolution of Country pattern of specialization," Asociación Argentina de Economía Política: Working Papers 4171, Asociación Argentina de Economía Política.
    16. Hiemenz, Ulrich & Agarwal, Jamuna Prasad & Langhammer, Rolf J. & Nunnenkamp, Peter & Spinanger, Dean, 1991. "The international competitiveness of developing countries for risk capital," Open Access Publications from Kiel Institute for the World Economy 747, Kiel Institute for the World Economy (IfW Kiel).
    17. Horen Voskeritsian & Michail Veliziotis & Panos Kapotas & Andreas Kornelakis, 2017. "Between a Rock and a Hard Place: Social Partners and Reforms in the Wage- Setting System in Greece under Austerity'," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 114, Hellenic Observatory, LSE.
    18. Srdelić, Leonarda & Dávila-Fernández, Marwil J., 2024. "International trade and economic growth in Croatia," Structural Change and Economic Dynamics, Elsevier, vol. 68(C), pages 240-258.
    19. repec:hal:wpspec:info:hdl:2441/941 is not listed on IDEAS
    20. Sonia Mukherjee, "undated". "The Role of Services in Enhancing Indian Manufacturing Exports: A Firm Level Analysis, 2000-01 to 2011-12," Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers 15-08, Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India.
    21. Amable, Bruno, 2000. "International specialisation and growth," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 413-431, December.

    More about this item

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2021:i:7:p:148-176. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.