State support in financing high-tech sectors of the national economy

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Krupka M. I., Yaremyk M. M. № 1 (58) 79-88 Image Image

In the article, the relevance of state support for high-tech industries of the national economy has been determined. The key features of high-tech industries in Ukraine have been considered. In particular, the dependence of the state on export of raw materials and semi-finished products, the reduction of the ratio of total expenditures for carrying out scientific and technical works to GDP, low level of research performance in the form of patents for utility models and low economic significance of innovative results that are determined by the monetary value of innovative products have been revealed. The above-mentioned indicators and their dynamics in recent years indicate the need for state support for the development of high-tech industries of the national economy.

The state and problems of the system of budget financing of innovation activity have been analyzed. Its insufficient volume and disadvantages of an optimal distribution of state financial resources in order to ensure the implementation of fundamental and applied research and scientific and technical developments have been revealed. Measures for improving the existing system of state support of high-tech branches of the economy and stimulating their export taking into account foreign experience have been suggested. The article focuses on the necessity of the development of public-private partnership, state order, the justified mechanism of providing state guarantees for accelerated trans­formation of scientific results into commercially-demanded innovative products, as well as constant monitoring of the efficiency of using budget funds, which would make possible adjustments to programs financing or taking into account actual problems in order to preserve the strategic direction and achieve the stated goals.

Keywords: high-tech industries of the national economy, innovative activity, sci­entific and technical activity, competitiveness, state support, budget financing, public-private partnership, government order, development strategy.

doi: 10.32403/1998-6912-2019-1-58-79-88


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