Ukraine’s Innovative Process: Its Technical and Technological Components
The article discusses the technical and technological components of the innovative process (InP), indicating that it is now being used by the Ukrainian community (particularly for industrial production). The presentation contains an analysis of InP's dynamics and its funding by the Ukrainian industrial sector during the 2000–2011 timespan. At this stage, the review refocuses its attention on the historical factors related to that country's industrial growth. Starting in 2000, the critique relates, Ukraine reduced its level of industrial growth, while at the same time establishing conditions that forced its sales volume for innovative products to climb to a radically new height. This reduction, the commentary notes, was exacerbated by the recession that lasted from 2011–2012. The document has, in conclusion, made some practical suggestions for enhancing InP's application in Ukraine's industrial sector. The recommendations, the blueprint observes, also indicate that engineering and technology still remain as the cornerstones of Kiev's industrial development.