THE KEY COMPONENTS IN FORMING A MODERN INNOVATION BASIS OF COMPETITIVENESS IN THE CONTEXT OF GLOBALIZATION TRANSFORMATIONS

Skrypnyk N. Y., Sydorenko K. V. The Key Components in Forming a Modern Innovation Basis of Competitiveness in the Context of Globalization Transformations The article is aimed at substantiating the modern most important components of the innovation base of competitiveness in the conditions of globalization transformations. Features of management of global competitiveness of countries are considered; the key components of formation of a modern innovation base of competitiveness in conditions of globalization transformations are defined; the role and importance of the infrastructure of international airports in the system of socio-economic well-being and increasing the global competitiveness are substantiated; instruments for increasing competitive advantages of the airport infrastructure are defined. The research applied both general scientific and special methods of scientific cognition: descriptive-analytical method, method of analysis and synthesis, methods of quantitative and qualitative comparisons. The information basis of the article are monographic researches and periodical publications by domestic and foreign scholars-economists, materials and analytical reports of the World Economic Forum, the International Institute of Management Development, OECD, International Civil Aviation Organization, International Air Transport Association, aggregated data provided by the International Council of Airports. The main provisions of the article will help to accelerate the solution of issues of identifying modern innovative factors, as well as substantiating the conditions and directions of increasing the global competitiveness of countries. The novelty of the research is the development and substantiation of methodical provisions of scientific provision of global competitiveness of countries in the world-wide economy. This work provides an opportunity for further research into the management of international competitiveness of airport infrastructure and enhancing the global competitiveness of countries.

A great contribution to the development of the conceptual foundations of innovation development and competitiveness in the context of globalization transformations is made by a number of scientists, namely: V. Budkin  , is concentrated around solving problems of the formation of innovative infrastructure as an endogenous factor of long-term socio-economic growth and ensuring global competitiveness of countries.
At the same time, despite the existence of deep and thorough research works of domestic and foreign scientists of different years, the issue of raising the level of international competitiveness of countries is not sufficiently developed and needs to be improved. In particular, mechanisms for the development of competitive advantages and formation of a modern innovation basis of competitiveness in the context of globalization transformations need further specification.
The purpose of the research is to identify and substantiate the key components of the formation of a modern innovation basis of competitiveness in the context of globalization transformations. T he methodological basis of the research comprises both general scientific and special methods of scientific knowledge: descriptive analysis, analysis and synthesis, methods of quantitative and qualitative comparisons. The information base of the article is monographic researches and periodical publications of Ukrainian and foreign economists, materials and analytical reports of the World Economic Forum, International Institute for Management Development, OECD, International Civil Aviation Organization, International Air Transport Association, aggregated data of the Airport Council International. БІЗНЕСІНФОРМ № 4 '2019 www.business-inform.net The intensification of integration processes as well as the processes of globalization of economic relations, diversification, and internationalization of various types of economic activity are accompanied by increased mobility of the population, technologies, and information and open up significant opportunities for socio-economic development of countries and formation of longterm competitive advantages. The competition for the right to acquire new knowledge and dissemination of innovations, for the ability to control and regulate the resource base, information and financial flows, share and leadership in world markets is intensifying [43]. The role and importance of air transport, which is characterized by the ability to quickly move over long distances in a relatively short period of time is increasing. Air transport becomes the basis for global networking of society. Therefore, in order to create and sustain competitive advantages in the context of globalization transformations, countries need to address the issue of increasing and modernizing airport infrastructure capable of producing innovative highly competitive services which are in demand in the global aviation market. T hus, according to the most popular indicators of competitiveness of countries, calculated by the International Institute for Management Development [33] and the World Economic Forum [47], one of the key elements of socio-economic development of countries in the world economy is the proper level of infrastructure. This is due to the fact that infrastructure networks reduce the effect of distance, help integrate markets, providing the necessary connections, and facilitating international trade. In particular, a reliable, innovative airport infrastructure is one of the key factors in enhancing countries' capacity for real economic growth both in the short and long term.
As can be seen from Fig. 1, the basis for compiling the World Competitiveness Rankings by the International Institute for Management Development is the calculation of factors and subfactors in correspondence to which countries manage their competitive environment. The key factors of competitiveness are economic performance, government efficiency, business efficiency, and infrastructure.
In turn, according to the structure of the Global Competitiveness Index (GCI), developed by the experts of the World Economic Forum, high-quality and modern air transport infrastructure is considered as one of the factors determining global competitiveness of countries, without which the national economy cannot be transformed from factor-oriented to efficiency-oriented, not to mention innovation orientation. A s can be seen from Tbl. 1, GCI consists of twelve pillars, which are grouped in four categories: enabling environment, human capital, markets, and innovation ecosystem. In turn, the pillars are broken down into indicators of a lower level.
Every year the World Economic Forum publishes The Global Competitiveness Report and ranks countries by the general index and its individual components. A country's rank in terms of a separate pillar is the expression of its competitive advantage (disadvantage) relative to other countries in the global dimension and may indicate obstacles to its development, the need to initiate and implement reforms to increase the productivity of the economy [15, p. 146].
As can be seen from Tbl. 2, countries with innovative potential and competitive air transport infrastructure are also leading in terms of the Global Competitiveness Index. This dependence is explained by the fact that innovative infrastructure of international airports plays an important role in the formation of dynamic global supply chains, establishment of effective logistics schemes for business, provision of air links between markets, and the national and world economies take advantage of airports as integral elements of economic development [16, р. 23].
The assertion that airport infrastructure affects the location of airports in the world air transport market and also is a necessary (but not sufficient) precondition for   Table 1 Place of air transport infrastructure quality in the system of competitiveness (in accordance with the methodology of the Global Competitiveness Index)   [44, р. 131] analyzes the processes of deregulation, commercialization and privatization in the EU airport sector and concludes that "the indivisibility of physical infrastructure (of airports) with increased use causes significant economies of scale". The scientist considers expanding the physical infrastructure of airports as a driver of sustainable development and socio-economic growth.
A number of scientific studies [28; 29; 38; 48] examine the relationship between the global airport infrastructure and its surrounding regional space. The researches have developed a concept of aeroregionalism, the essence of which is that the imperatives of globalization and neo-liberalization intensify the regionalization of the airfield space, and the development of large-scale airport infrastructure affects the competitiveness of the surrounding regional space. Several scholars [31; 32; 39; 42] also note the interdependence between the development of the airport infrastructure network of countries and the socio-economic welfare. The conceptual approach proposed by the scientists is that airport infrastructure is seen as an economic generator, combining local and international markets, linking regions on a global scale. T he level of airport infrastructure development directly and indirectly influences economic growth of regions (Fig. 2). Direct economic impact on the local economy is manifested as a result of economic activity of airports and enterprises, the existence of which depends on the viability of the airport. This includes airport security, immigration services, airport administration, air traffic control, meteorological services, aircraft maintenance and repairs, ground handling, aircraft refuelling, commercial services at the airport, concessionaires and tenants of airport infrastructure, airlines, etc.
Indirect impact is due to money coming into economy from individuals, enterprises and organizations located outside the airport but related to the airport business. For example, companies which are included in the supply chain of the airport sector and are generators of indirect employment:  suppliers of aviation fuel;  construction companies that build infrastructure facilities at the airport;  manufacturers of goods sold at the retail halls of the airport;  wide range of activities in the business services sector (legal, accounting, information, etc.). Induced impact is the result of the multiplicative effect of direct and indirect influences [35, р. 9]. It is im- where GY -real GDP growth; GK -xed assets growth; GL -employment growth; A -growth of aggregate factor productivity; b, c -share of capital and labor in income www.business-inform.net portant to consider induced impact only in a local or regional context, since some of these effects will influence other adjacent regions. Economic catalytic impact results from the influence of air transport infrastructure development, which is not directly related to development of the air transport industry, on a country's economy.

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Thus, innovative airport infrastructure is an important tool of national socio-economic prosperity and a key component of the modern innovation basis of competitiveness in the context of globalization transformations (Fig. 3).
economy as a whole, may serve as an incentive to provide such assistance for various reasons, including the desire to promote trade and cultural relations among countries.
Developing countries can benefit from special programs adopted by some governments to promote economic and social growth in different regions of the world.
The most important sources of foreign aid to developing countries in the field of airport infrastructure financing are international banks and funds created to facilitate the implementation of projects aimed at the development of national economies. The most famous banks and funds are the International Bank for Recon-

Increase in global competitiveness
Access to the global air transport market Sustainable socioeconomic growth Increase in the share of the world air transport market Increase in population mobility/ Enhancement of import and export opportunities Growth in air transportation volumes H owever, the acquisition and maintenance of long-term competitive advantages of countries requires producing and implementing knowledge and new technologies in a favourable institutional environment and investment climate. Furthermore, it should be noted that airport infrastructure is characterized by significant capital intensity, which, despite considerable positive economic consequences, reduces the ability of many governments to meet the financing needs of large-scale projects, causing a significant gap in the infrastructure in the global airport sector.
Historically, the most widespread practice of financing airport infrastructure development is government sources (grants, subsidies). Government sources include funds provided directly by governments as well as government financial institutions, including export promotion agencies. The funding can be provided either only by the national government or with the involvement of one or more foreign governments. Moreover, one or more international government institutions or agenciesbilateral institutions, banks, development funds -may participate [27]. Any airport infrastructure development project, which will eventually benefit the national struction and Development and its subsidiaries -the International Development Association and the International Finance Corporation (although the purpose of the latter is to encourage development by providing loans to the private sector), as well as various regional banks and development funds.
In recent years, dependence on state funding has declined significantly with the continued increase in the number of autonomous structures that operate infrastructure of airports. The investment in the airport sector through public-private partnerships is becoming more widespread. The involvement of the private sector has become a further step towards the liberalization of property rights and the management of international airports and is part of the overall globalization process of the world economy.
Thus, under the current conditions of dynamic development and strengthening of networking of the world economy, one of the tools for increasing the global competitiveness of countries is management of airport facilities and development of a competitive innovative infrastructure capable of meeting the needs and requirements of the global air transport market. БІЗНЕСІНФОРМ № 4 '2019 www.business-inform.net CONCLUSIONS A thorough analysis of the concepts associated with enhancing competitiveness has made it possible to conclude that the effect of infrastructure development as an investment in the future is one of the conditions for ensuring social welfare and economic growth of countries. Moreover, infrastructure of international airports is one of the main structural elements in forming a modern innovation basis of competitiveness of national economies in the context of globalization transformations. Since airport infrastructure is characterized by considerable capital intensity, the government of each country chooses an individual optimal way for its development and financing with consideration to a number of factors, including the local geographical conditions, political situation, structural changes in the world economy, the nature of foreign economic relations, technological development level. 