Based on a comprehensive study, the dynamics of the formation of the innovation profile of Ukraine’s regions have been analyzed and characterized, taking into account military, socio-economic, and technological challenges. Characteristic trends in innovation activity at the regional level have been identified, as well as the influence of state and regional policies on their formation within the framework of updated strategic planning provisions. Based on published expert assessments, it has been established and substantiated that for several years now, the factor of war has been causing significant changes not only in socio-economic development but also in the functioning of the scientific and innovation-technology sectors of Ukraine and its regions. Retrospective studies have shown that even before martial law, the largest share of gross value added (GVA) in Ukraine’s total volume was provided by Kyiv (23–24%), Dnipropetrovsk (9–10%), Kharkiv (6–7%), Kyiv (5.5%), Lviv (5.1%), and Donetsk and Odesa (5.0% each) regions. Directions for effectively harnessing innovation potential as a key factor in competitiveness have been substantiated to further influence territorial development in the context of implementing updated regional development strategies. It has been demonstrated that, given the high risks and instability of events in the country due to military actions, the updated strategies can be considered roadmaps that offer a vision of how favorable conditions will be created for businesses, startups, researchers, investors, and international partners in the creation and implementation of innovations, which are critically important for protecting territorial integrity, rebuilding, and supporting the process of regional transformation through the digital development of innovative activities. The conclusions that the formation of an innovation profile depends on a number of global trends—including global security challenges, climate change, migration flows, the rapid development of the digital economy, and the regionalization of international production—are summarized and substantiated; however, it is the factor of EU accession that creates both challenges and new opportunities for Ukraine.
innovative development, innovation profile, regional policy, regional development strategies
Inter-municipal cooperation (IMC) is one of the key tools for implementing decentralization reform in Ukraine. It enables communities to use the resources and powers granted to them more effectively, address common challenges, ensure infrastructure development, and improve the quality of services provided to the public. Under martial law, the importance of IMC is growing, as cooperation between communities helps increase resilience, capacity, and the implementation of projects that, for various reasons, cannot be carried out independently. However, despite the positive results, there are significant challenges in the areas of legal regulation, financing, and monitoring of IMC, which necessitates the improvement of legislative and institutional mechanisms. The purpose of this article is to develop institutional proposals aimed at stimulating inter-municipal cooperation as a catalyst for sustainable development at the regional level, to conduct a comprehensive analysis of the current state of application and development of IMC mechanisms in Ukraine, to identify key institutional and financial barriers that hinder the scaling up of cooperation among territorial communities, and to develop recommendations that can be applied by local authorities, regional state administrations, and central government bodies to enhance the effectiveness of IMC and promote the sustainable development of regions. The current state and challenges of intermunicipal cooperation processes in Ukraine have been examined. The current state of intermunicipal cooperation in Ukraine was analyzed, key problems hindering its development were identified, existing institutional mechanisms and their impact on the development of cooperation were examined, and proposals were made to improve the regulatory, legal, and financial framework for intermunicipal cooperation processes in Ukraine. It is noted that to strengthen the role of intermunicipal cooperation, it is necessary to create a modern institutional environment that will ensure the simplification, effectiveness, and financial foundation of community cooperation mechanisms. The proposed institutional solutions can serve as a basis for enhancing the capacity of local communities, reducing development disparities, and formulating long-term strategies for sustainable regional development.
inter-municipal cooperation, regional development, cooperation, economic capacity, sustainable development
The article explores the organizational foundations for the selection and financial management of socio-economic development projects at the regional and local levels within the framework of public investment reform in Ukraine. It highlights the institutional prospects for newly established units within regional state administrations and local self-government bodies tasked with managing public investment processes, particularly in the domains of expert evaluation and sectoral analysis. A comprehensive system of measures, procedures, and resources is examined, aimed at fostering transparent, evidence-based, and efficient expert activity. The author identifies specific responsible authorities for each procedural stage, thereby contributing to the institutional clarity and operational feasibility of the reform. As a key outcome of the study, the author proposes a model for a public investment project management team that integrates external expert and advisory support. The model delineates the roles, formats of participation, and influence mechanisms of involved institutions, which are categorized into two primary support functions: (1) information and consulting services, and (2) financial brokerage. Information and consulting services for the analytical components of regional and local development projects may be provided by regional institutes of the National Academy of Sciences of Ukraine specializing in regional economic development and spatial planning. Sector-specific expertise may be sourced from branch institutes of the National Academy of Sciences, specialized higher education institutions, local business associations, and regional chambers of commerce and industry. Financial mediation (brokerage) services, essential for securing co-financing of development initiatives, may be delivered by regional and local development agencies operating within the territories of project implementation. Additionally, industry associations, local business groups, and regional chambers of commerce and industry may contribute to financial intermediation.
regional development, territorial development, public investment, reform, territorial administration, spatial planning, public regional policy, state regional policy
This article demonstrates the relevance of a comprehensive assessment of a region’s marketing potential in the context of digitalization, which makes it possible to identify hidden competitive advantages, new opportunities for developing sales channels, and the reasons for the slowdown in the growth of gross regional product. The purpose of the article is to develop the theoretical and methodological foundations for shaping a region’s marketing potential, taking into account the vector of digitalization. The study employed general scientific and specialized research methods: comparison, generalization, synthesis, systems analysis, logical-dialectical analysis, and others. The information base of the study consists of monographs, specialized literature, informational and analytical materials, as well as domestic and foreign scientific periodicals. The theoretical and methodological foundations for forming a region’s marketing potential, taking into account the vector of digitalization, have been developed. Monographs, specialized literature, analytical materials, and domestic and foreign scientific publications, which constitute the information base of the study, have been analyzed. Based on a content analysis of the literature, three approaches to defining marketing potential (resource-based, outcome-based, and target-based) have been identified, and their advantages and disadvantages have been systematized. An original structure of a region’s marketing potential is proposed based on the functional orientation of its formation and utilization using digital resources. An algorithm for organizing the mechanism of interaction among the components of the potential of the region’s economic entities under the influence of digital technologies is defined. It is demonstrated that the rational use of digital communication channels, the implementation of modern marketing information systems and technologies contributes to increasing the efficiency of business processes, optimizing interaction at the level of local self-government bodies and state authorities, as well as expanding sales markets through the formation of new logistics chains.
potential, marketing, marketing potential, marketing resources, digital marketing channels, digital technologies
This article examines the challenges of aligning vocational education systems with the needs of the labor market in European Union countries amid profound socioeconomic and structural transformations. The relevance of this research stems from the growing imbalance between the demand for skilled labor and the supply of vocational skills, which is exacerbated by the digitalization of the economy, the green transition, demographic changes, and the transformation of employment models. In these conditions, vocational education plays a key role in fostering labor market adaptability, ensuring regional competitiveness, and supporting sustainable economic development. The aim of this article is to identify key trends in the development of vocational education in EU countries, assess its alignment with labor market needs, and justify directions for improving mechanisms to coordinate educational and economic policies. The methodological basis of the study consists of general scientific and specialized methods of economic analysis, in particular comparative analysis, statistical methods, and the analysis of time series and structural changes. The article analyzes the main institutional models of vocational education organization in the European Union, including dual training systems, mechanisms for involving employers in the development of educational programs, tools for forecasting skill needs, and the development of lifelong learning. It has been found that, despite the positive dynamics of vocational education development in the EU, significant imbalances persist in many countries between the structure of workforce training and the actual needs of regional labor markets. Directions for the development of vocational education as a tool for enhancing the adaptability of regional labor markets are substantiated, including strengthening the regional component in the management of vocational education, developing partnerships between educational institutions, government bodies, and employers, as well as integrating vocational education into broader regional economic development strategies. The practical significance of the results lies in their potential application in shaping regional educational and economic policies, as well as in adapting European experience in modernizing vocational education to the conditions in Ukraine.
vocational education, skills, transformation, labor market, green economy, digitalization
The effectiveness of preparing and creating public investment projects is an important challenge today in the context of a critical approach to the formation of sources of public investment and the lack of sufficient funds to meet the full needs of the dynamic economic development of the state, regions, and local communities. A positive result can only be achieved by identifying and adhering to effective criteria for public investment, which begins at the stage of preparing strategic development plans and medium-term plans and is implemented in the process of systematic management at the appropriate level. Prolonged military action in certain parts of the country, the destruction of critical infrastructure and housing throughout the state are leading to a new perception and vision of the distribution of public funding sources, in particular state and local budgets and other sources. The purpose of this article is to analyze the use of public investment in Ukraine, the prospects, advantages, and problems related to the preparation of investment projects and programs, as well as their preliminary and complete technical and economic justification. The article analyzes the peculiarities of the use of public investments at the current stage of Ukraine’s development, the improvement of the system of management of investment projects and programs implemented with funds from the state and local budgets and other sources attracted as public investments. Attention is drawn to the main provisions of certain resolutions of the Cabinet of Ministers of Ukraine that regulate the management of public investments and the marketing approach in investment processes for the implementation of the state strategy for regional development. The role and model of public investment for territories and regions are outlined, approaches to the formation of preliminary and complete technical and economic justification of investment projects and programs are disclosed, and problems that may arise in territorial communities during their preparation are indicated. Emphasis is placed on the use of problem-priority, marketing, and smart approaches in the process of selecting investment projects and programs for the formation of a unified project portfolio of public investments.
investment projects, public investments, marketing, smart approach, territories, region, technical and economic justification
The article examines the current state, dynamics, and regional features of environmental investment in Ukraine under conditions of wartime challenges and post-war recovery. Environmental investment is increasingly transforming from a tool for meeting regulatory environmental requirements into a key factor of regional competitiveness and sustainable economic development. The study aims to analyze the structure and trends of capital environmental investments and current environmental expenditures across Ukrainian regions, as well as to identify priority directions and mechanisms for stimulating green investment in the context of European integration and reconstruction needs. The methodological framework of the research is based on statistical analysis of official data from the State Statistics Service of Ukraine for the period 2015-2023, including a differentiation between capital investments in environmental protection and current environmental expenditures. A regional comparative approach is applied to identify territorial asymmetries, concentration of financial resources, and structural shifts in environmental investment patterns before and during the full-scale war. The results reveal a pronounced unevenness of environmental investment across regions, with a significant concentration of capital investments in industrially developed areas, particularly Dnipropetrovsk region and the city of Kyiv. Capital environmental investments demonstrate a cyclical and project-driven nature, while current environmental expenditures show more stable growth, reflecting the critical role of environmental infrastructure in maintaining basic ecological functions even during periods of economic and military crisis. The full-scale war led to a sharp decline in capital investments in 2022; however, partial stabilization occurred in 2023, indicating the beginning of adaptation processes. These include territorially differentiated incentives, development of regional green funds and guarantee mechanisms, expansion of public-private partnerships, and strengthening project preparation capacity in regions. The findings contribute to the scientific discourse on regional environmental policy and provide practical recommendations for integrating green investment into Ukraine’s post-war economic transformation.
environmental investment, sustainable development, regional economy, green investment, ESG principles, renewable energy, post-war recovery, regional development
The purpose of this article is to analyze investment initiatives in Lviv oblast and their alignment with the region’s development goals as defined in the Lviv Oblast Development Strategy, as well as to identify strategic goals whose implementation is actively supported through the execution of relevant tasks – including via public investment – and those areas of development that remain insufficiently covered by project activities. The article presents a comprehensive analysis of public investments in the Lviv region registered in the DREAM system. The study covers the classification of investment projects by implementation status, revealing that over 51% are in the implementation phase, a significant portion is in the initiation stage, while the rest have been completed or canceled with varying degrees of success. An analysis of the sectoral structure of investments revealed a dominance of funding for education, water supply and sanitation, as well as healthcare. By type of activity, reconstruction, modernization, and repair predominate, while new construction and equipment procurement account for a smaller share, indicating the region’s focus primarily on maintaining basic social infrastructure. Project initiatives were compared with the strategic goals and objectives defined in the Lviv Region Development Strategy through 2027. This made it possible to assess the extent to which investments align with strategic priorities and to identify the areas with the greatest impact on regional development. At the same time, the analysis showed that a significant portion of funding is directed toward strengthening and repairing social infrastructure, which is often cyclical in nature and not accompanied by systemic changes. The lack of available tools for a comprehensive assessment of the effectiveness of implemented projects was specifically highlighted, which limits the ability to measure long-term results. The findings indicate active regional development dynamics, but also point to the need to redirect a portion of investments toward strategic, innovative, and infrastructure-resilient solutions capable of ensuring a long-term improvement in the quality of life for the population.
public investment, regional development, Lviv Oblast Development Strategy, DREAM platform, project activity
The rapid development of digital technologies determines the economic progress of the modern world. It also significantly affects production processes in industry and the evolution of management approaches to the formation and implementation of state industrial policy in different countries around the world. Ukraine is also facing new challenges related to the need to rethink and update its industrial development strategy in the current socio-economic conditions. The methodological basis for adapting Ukraine’s state industrial policy to current trends in digitalization is a rethinking of the main narratives that define the paradigm of industrial development. A corresponding narrative analysis allows us to understand the logic of the conceptual framework for the transformation of industrial policy. It also makes it possible to determine the relevant phenomena, mechanisms and processes aimed at digital modernization and industrial evolution. The development of theoretical ideas and practical aspects of industrial policy implementation has been analyzed. To analyze the factors influencing industrial policy in the context of the challenges of digitalization, it is proposed to use STEEPVL analysis tools. Key areas for adapting Ukraine’s state industrial policy to the current challenges of digitalization are identified. Particular attention is paid to the need to take into account the economic, political, and administrative aspects of implementing digitalization narratives in practice. A list of key areas for adapting Ukraine’s industrial policy to the current challenges of digitalization has been drawn up. In this context, priority should be given to the development of digital infrastructure. At the same time, attention should be paid to fostering a culture of “digital thinking” among entrepreneurs and managers (especially at the regional and local levels). It is equally important to implement the conceptual models of “green industry” and “dual transition” in Ukraine’s industrial policy, primarily in view of the priorities of its European integration.
Strategic planning is a key tool for ensuring the long-term socioeconomic development of the state and an important prerequisite for the formulation of effective regional development policies. In the current context of deepening decentralization processes, increased budgetary autonomy of local communities, and the need to rebuild the country following wartime destruction, there is a growing need for scientifically sound, structurally coherent, and effective strategic documents. The purpose of this article is to conduct a comprehensive analysis of systemic constraints on strategic planning in Ukraine and to justify directions for its modernization by eliminating regulatory, financial-operational, and political-institutional dysfunctions that hinder the formulation and implementation of effective strategic development documents. A comprehensive analysis of the current state of the strategic planning system in Ukraine has been conducted in the context of regulatory, institutional, and methodological challenges. Key structural, regulatory, institutional, and operational dysfunctions that limit its ability to ensure long-term socio-economic development have been identified. The content and consequences of outdated legislative provisions, the lack of a coordinated hierarchy of strategic documents between the national, regional, and local levels, as well as inconsistencies in the procedures for developing and financing strategies, have been analyzed. The influence of political cyclicality, frequent elite rotations, and low institutional stability on the formation of short-term priorities that hinder the realization of long-term strategic goals is substantiated. It has been established that the gap between strategic goals and budgetary support, the dominance of formal monitoring, and the lack of mandatory financial backing for strategic decisions lead to strategic documents being merely declarative and limit their practical impact on territorial development. Based on the study’s findings, the main groups of systemic shortcomings have been identified, and directions for modernizing strategic planning have been outlined, including updating the legislative framework, enhancing institutional capacity, aligning strategic and budgetary planning, and creating conditions for long-term strategic stability.
This article presents a comprehensive study of the institutional foundations for establishing a mechanism for joint investment in the innovative development of integrated business structures in Ukraine’s agricultural sector under a transitional economy. It is demonstrated that, in the current context of growing global competition, financial instability, and limited domestic funding sources, the development of effective models for capital cooperation among various economic entities is of particular importance. It is substantiated that the institutional paradigm of joint investment is based on the principles of synergy, subsidiarity, cooperation, and diversification of investment risks, which ensures a multiplier effect from the use of financial resources. It is argued that the key advantages of joint investment include risk diversification, increased investment attractiveness of projects, accelerated implementation of innovations, and the generation of sustainable financial flows. At the same time, the main challenges associated with institutional barriers, insufficient coordination among participants in the investment process, limited human resources, and imperfect regulatory frameworks have been identified. It has been demonstrated that the development of cooperation between research institutions and agricultural enterprises contributes to the formation of an agro-innovation ecosystem that facilitates technology transfer, the concentration of intellectual capital, and increased agricultural productivity. Directions for improving the institutional mechanism of joint investment are proposed, including the development of public-private partnerships, improvement of the regulatory framework, enhanced coordination, and the integration of innovative financial instruments. The implementation of these measures will contribute to the formation of an effective model for the innovative development of Ukraine’s agricultural sector and to increasing its competitiveness in the context of European integration.
integrated business structures, investment, innovative development, agricultural sector, competitiveness, production, capital
This article examines the theoretical and practical aspects of using innovative tools in enterprise operations as a key factor in ensuring sustainable development in the context of Ukraine’s post-war economic transformation. The relevance of the topic stems from the need for business entities to adapt to conditions of multi-vector uncertainty, resource constraints, disruptions in production and logistics chains, as well as growing environmental and social challenges. The aim of the study is to substantiate the role of innovative tools in enhancing the efficiency of enterprise management and ensuring the integration of sustainable development principles into their strategic activities. The methodological framework comprises systemic, structural-functional, and logical-analytical approaches, as well as methods of theoretical generalization, comparative analysis, and systematization. It has been demonstrated that the digitalization of financial management, particularly the implementation of cloud technologies, automated budgeting systems, and ERP systems, enhances the transparency, responsiveness, and effectiveness of management decisions. It has been established that the use of these tools contributes to cost reduction, business process optimization, and increased adaptability of enterprises to changes in the external environment. It is substantiated that an important direction for ensuring sustainable development is the implementation of ESG financing, which integrates environmental, social, and governance criteria into enterprises’ financial activities. The dynamics of the development of green and social bonds, as well as ESG lending in Ukraine, have been analyzed, indicating a gradual increase in the role of sustainable financing in the national economy. It is determined that the comprehensive application of innovative instruments ensures an increase in the competitiveness of enterprises, the strengthening of their financial stability, and the formation of long-term business value. The practical significance of the research results lies in the possibility of using them to develop effective management strategies for enterprises in the context of Ukraine’s post-war recovery and integration into the European economic space.
This article examines enterprise innovation policy as a key factor in ensuring food security in a globalized economy. It argues that, in today’s context, enterprise innovation policy goes beyond being merely a tool for enhancing economic efficiency and takes on systemic importance in shaping sustainable, competitive, and adaptive food systems. The purpose of the article is to reveal the essence of enterprise innovation policy, define its functions within the food security system, and substantiate the mechanisms through which innovations influence the availability, quality, stability of supply, competitiveness, and sustainability of food provision. The methodological basis of the study consists of systemic, structural-functional, and logical-analytical approaches. The study employs methods of theoretical generalization, comparative analysis, scientific abstraction, and systematization. It is demonstrated that enterprises’ innovation policies directly influence key food security parameters through technological modernization of production, digitalization of business processes, improvement of logistics, enhancement of product quality and safety, as well as increased adaptability of enterprises to global risks. The article demonstrates that in a globalized economy, the innovation policy of enterprises serves not only as a tool for improving operational efficiency but also as a key factor in ensuring food security. It is determined that its impact is realized through technological modernization of production, improvement of product quality and safety, optimization of logistics, reduction of costs, and strengthening of enterprises’ adaptability to external challenges. A synthesis of theoretical approaches has made it possible to define an enterprise’s innovation policy as a systemic mechanism for transforming knowledge, technologies, and management decisions into outcomes that are significant for food security. It has been established that, under current conditions, the greatest effectiveness is achieved through a comprehensive combination of product, process, organizational, and digital innovations, which creates the prerequisites for strengthening the resilience of food systems and improving the efficiency of enterprise operations in a global competitive environment. Directions for improving the innovation policy for enterprise development in the context of strengthening food security are proposed.
innovation policy, enterprise development, food security, globalization challenges, digitalization, competitiveness, resilience of food systems
This article examines the theoretical and practical aspects of the transformation of enterprise accounting and analytical systems in the context of global changes in the economic environment. It is argued that the current stage of global economic development is characterized by growing instability, the increasing influence of digitalization, globalization processes, regulatory changes, crises, military risks, and heightened demands for transparency in the activities of economic entities. Under such conditions, traditional approaches to organizing accounting and analysis do not provide an adequate level of information support for management, which highlights the need to transform accounting and analytical systems into strategically oriented integrated information platforms. The main findings of the study demonstrate the feasibility of transitioning from fragmented accounting and analytical solutions to a holistic, multi-level, and strategically oriented model of accounting and analytical support for enterprise management. It is substantiated that digitalization, the implementation of ERP systems, business analytics, big data analytics, and cloud technologies significantly expand the functional capabilities of accounting and analytical systems, ensuring the timeliness, reliability, and analytical depth of information. At the same time, attention is focused on the growing role of management and strategic management accounting, risk-oriented analysis, internal audit, and controlling as key elements in supporting management decisions under conditions of uncertainty. A conceptual model of the structure of an enterprise’s accounting and analytical system is proposed as a management component that integrates accounting, analysis, and audit subsystems with information and digital support, reporting, and strategic management. It is demonstrated that harmonizing accounting and analytical systems with the principles of sustainable development and the ESG paradigm contributes to enhancing the investment attractiveness, financial stability, and competitiveness of enterprises.
accounting and analytical system, enterprise management, digitalization, strategic accounting, analysis, risks, sustainable development, global changes
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UDC 330.341; JEL R11, R58, O31