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Analyzing the Interrelations between Innovative Development and Export-Import Activities of the Regions of Ukraine
Kupriianov V. M.

Kupriianov, Vladyslav M. (2025) “Analyzing the Interrelations between Innovative Development and Export-Import Activities of the Regions of Ukraine.” Business Inform 11:280–288.
https://doi.org/10.32983/2222-4459-2025-11-280-288

Section: Innovative Processes

UDC 339.564

Abstract:
The article highlights the relevant issue of innovative development in Ukraine’s export-import activities amid structural transformations of the national economy, increasing foreign policy challenges, and the need for post-war recovery. The aim of the article is to refine the definition of strategizing innovative development for export-import activities, to examine the interrelations between innovative development and export-import activities, and to analyze the impact of industrial enterprises’ innovative activities on the efficiency of regional export-import activities. As a result of the study, a refined definition of strategizing innovative development for export-import activities is proposed. An analysis was conducted of the interrelations between the indicators of innovative development of industrial enterprises and the export-import activities of 23 regions of Ukraine for 2020–2024. A cluster analysis confirmed the significant heterogeneity of innovative development across regions. As a result of canonical correlation analysis, no statistically significant relationship was found between groups of indicators of innovative development and export-import activities in most clusters. Along with this, using multifactor regression analysis, a statistically significant impact of innovation development indicators on export-import performance in specific clusters and years has been identified: an increase in innovation development indicators promotes growth in growth in exports and imports volumes as well as the import coverage ratio, while a negative impact of innovation development indicators can be explained by the delayed effect of innovations on export-import efficiency and by the consideration that, during wartime, industrial innovations are directed towards defense needs and production adaptation. Therefore, in further studies, it is appropriate to conduct an analysis of dynamic econometric models with lagged variables to assess the impact of the delayed effect of innovations. The practical significance of the conducted analysis of the interrelations between innovative development and the export-import activities of Ukrainian regions lies in identifying the features and directions of these interrelations using econometric methods.

Keywords: innovation strategizing, innovative development of regions, strategic planning of innovative development, export-import activities, indicators of innovative development.

Tabl.: 5. Bibl.: 23.

Kupriianov Vladyslav M. – Postgraduate Student, Department of Economic and Mathematical Modeling, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

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