Management of innovative processes in economic recovery: international experience

Анотація

Management of innovation processes is a key issue in the analysis of alternative models of economic recovery. The purpose of this study is to analyze potential scenarios of economic recovery considering international innovative models of post-war reconstruction and to propose an alternative regulatory environment that could stimulate financial markets and adopt strategies to encourage entrepreneurial innovation. The research is based on the use of general scientific methods of analysis, synthesis, abstraction, explanation, and generalization. The evolution of innovative activity due to the main consequences of crises and military operations is studied. The foreign experience of stimulating innovative development was studied based on the analysis of models of innovative development of the economies of advanced countries. The Chilean innovative development model and its attractiveness for Ukraine are analyzed. The main aspects of the recovery programs of the Balkan countries, etc. are substantiated. The process of harmonization of tax and financial legislation in accordance with the requirements of integration into the European Union is substantiated. An algorithm of state influence on innovation processes in Ukraine is proposed. Special attention is paid to the justification of the Ukrainian path of reconstruction, considering international experience. From Bosnia and Herzegovina – the importance of coordination, communication, strategy, and institution building, from Korea and Japan – the fight against corruption and balanced economic decisions. From the Marshall Plan – timeliness, the need for worldwide irrevocable aid and the development of interstate cooperation. It was determined that highly developed countries can become an example for imitation, namely their models of economic recovery based on the activation of innovative processes. At the same time, the management of the economic activity of enterprises in the conditions of economic recovery based on innovative processes is currently still in the formative stage. Keywords: innovative processes, economic recovery, modernization, international experience, innovative development.

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