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Determination of the impact of innovative development instruments on the post-war recovery of the economy of Ukraine

Алла ЧерепORCIDLiudmyla Hryhorivna OleinikovaORCIDOleksandr CherepORCIDUrazgul DzhakishevaORCIDSofija Anoshina

Анотація

Wars, by their very nature, lead to a decline in economic activity, and a significant decline in living standards. One of the most powerful tools for economic recovery is an innovative approach to economic development. The object of research is the process of incorporating the tools of innovative development of the economy and its development for the restoration of the economy of Ukraine during the war period. The problems of feeding the use of innovative tools in the period of war are revealed. It is primed that the tools of innovative development will play a viralized role in the new economy, which has become known to the significant shocks of the hour of the war. When writing the article, the method of theoretical generalization, scientific abstraction was used to systematize innovative tools; financial, economic, statistical, comparative analysis – to study the direct losses of infrastructure destruction as a result of the Russian-Ukrainian war, the rate of change in exports, imports of goods, the level of inflation and migration processes; systematization, structural analysis, generalization – to form an integrated approach to post-war economic recovery. It is proposed to use state policy instruments in the process of post-war recovery to stimulate innovative projects through tax benefits and the creation of a favorable business environment. It has been proven that innovation is a tool for important international cooperation, which will contribute to the rapid exchange of technologies and knowledge, which is especially important for countries recovering from war. Proposals have been made for an integrated approach to the economic, social and environmental recovery of Ukraine on the basis of innovative development. Measures aimed creating institutional conditions for innovative development of the Ukrainian economy are proposed.

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