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DETERMINANTS OF THE INFLUENCE OF INNOVATION ON SUSTAINABLE STATE DEVELOPMENT: ASPECTS OF PUBLIC ADMINISTRATION
Kostiantyn Herasymiuk 1 ; Vitalii Bashtannyk 2 ; Faig Ragimov 3 ; Olena Bodnar 4 ; Yuliia Liakh 52 Department of Law and European Integration, Dnipropetrovsk Regional Institute for Public Administration, National academy for Public Administration under the President of Ukraine, Dnipro, Ukraine.
3 Department of Law and European Integration, Dnipropetrovsk Regional Institute for Public Administration, National academy for Public Administration under the President of Ukraine, Dnipro, Ukraine.
4 Department of Finance, Banking and Insurance, Mykolayiv National Agrarian University, Mykolayiv, Ukraine.
5 Management and Public Administration Department, O. M. Beketov National University of Urban Economy in Kharkiv, Kharkiv, Ukraine.
Article Id - IJM_11_03_066, Pages : 642-656, Date of Publication : 27, March 2020
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Abstract
This paper to identify the importance of the impact of innovation on the sustainable development of states and the classification of sustainable development innovations. Design/Methodology/Approach: classification, grouping for classification innovations, analytical economic method to explore innovative development in EU countries; correlation-regression analysis. The study found that the concept of sustainable development, which is implemented to meet the needs of society, taking into account and counteracting the negative environmental impacts and based on the balance of the socio-ecological-economic system, is also oriented towards growth. Such growth can also be achieved through innovation. The mainfactors of influence of innovations on the sustainable development of the country are identified. Measures have been developed to help manage innovation and achieve sustainable development goals. With this article we show that іn order to stimulate innovative sustainable development, it is necessary to develop and adopt an innovative strategy, simplify the procedures for obtaining patents and licenses, stimulate research and increase the financing of innovation.
Keywords
Socio-ecological-economic Development, Economic Competitiveness, Eco Innovations.
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References
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[2] Address by Dr Gro Harlem Brundtland, Director-General to the fifty-fourth World Health Assembly, Geneva, Monday, 14 May 2001. World Health Organization, 2001. https://apps.who.int/iris/handle/10665/78710
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