Ukraine’s Innovation-Driven Economic Development: Institutional Challenges
Ukraine’s Innovation-Driven Economic Development: Institutional Challenges

Summary/Abstract: This paper studies the link between innovative development, institutional arrangements and economic performance in Ukraine. The research investigates whether, and to what extent, institutional arrangements in Ukraine influence its innovation-driven economic development, and how this impact can be measured for the whole economy and for a specific sector (IT). The research aims to discover how the pillars of the National Innovation System (NIS) and their interactions in the dynamic perspective influence the innovative development of Ukraine in general, and of the IT sector in particular. Mixed method research is applied in the paper. Empirical research is employed to test the causative effect of the pillars of Ukraine’s NIS on innovative development and to model the relationship between the explanatory and response variables. Qualitative research is then presented, in the form of responses to in-depth interviews with the personnel of IT companies, to support or contradict the results of empirical research.

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