Received: 2020-11-15  |  Accepted: 2021-04-07  |  Published: 2021-06-30

Title

Strategic directions for increasing the gross value added of the high-tech sector (on the example of the Ukrainian economy)


Abstract

The article presents the results of research devoted to the development of conceptual and methodological bases for determining strategic directions for increasing the gross value added of the high-tech sector of the national economy, in particular, the modern role of high-tech and science-intensive sectors in economic development and the structure of the high-tech sector of the national economy are studied, the state of the high-tech sector of the Ukrainian economy and its gross value added are analysed, the types of economic activity of the high-tech sector are classified into strategic groups, strategic directions for increasing the gross value added of the high-tech sector of the Ukrainian economy are determined. The improved methodological approach to classifying the types of economic activity of the high-tech sector into strategic groups provides a differentiated approach to the development and reveals the sources of strategic directions for increasing gross value added. Value added and output were selected as classification criteria, taking into account the dynamics of development. Depending on the value added generated by a particular type of economic activity and its growth rate, all types of economic activity can be divided into four groups: strategic leaders, potential leaders, current leaders, and problem sectors. The proposed methodological approach helps to identify the risks from an inertial scenario, that is, the development of the situation by gravity without an appropriate policy, as well as to determine the strategic directions for implementing a progressive scenario. Systematic development of the high-tech sector is possible if the appropriate policy is formed on the basis of the national innovation system, the elements of which are: state regulation in the field of innovation; supply and demand of innovations; market infrastructure for innovations; human resources. According to these elements, the policy measures aimed at increasing the gross value added of economic activities of the high-tech sector, which have their own characteristics depending on the classification group, are systematized.


Keywords

gross value added, high-tech sector, strategic directions


JEL classifications

O10 , O14 , O40 , C67


URI

http://jssidoi.org/jesi/article/836


DOI


Pages

508-523


Funding

This publication was prepared within the framework of the scientific project “Organizational and economic mechanisms of increasing entrepreneurial activity in Ukraine” at the expense of the budget program “Support of priority areas of scientific research development” (КПКВК 6541230)

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Burkynskyi, Borys
Institute of Market Problems and Economic-Ecological Research NAS of Ukraine, Odessa, Ukraine http://www.nas.gov.ua/EN/Org/Pages/default.aspx?OrgID=0000304
Articles by this author in: CrossRef |  Google Scholar

Iermakova, Olga
Institute of Market Problems and Economic-Ecological Research NAS of Ukraine, Odessa, Ukraine http://www.nas.gov.ua/EN/Org/Pages/default.aspx?OrgID=0000304
Odessa National University of Economics, Odessa, Ukraine http://oneu.edu.ua
Articles by this author in: CrossRef |  Google Scholar

Laiko, Oleksandr
Institute of Market Problems and Economic-Ecological Research NAS of Ukraine, Odessa, Ukraine http://www.nas.gov.ua/EN/Org/Pages/default.aspx?OrgID=0000304
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

4


Issue date

June 2021


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 161  |  PDF downloads: 117

References