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Innovation And Investment Components Of Economic Development In Bulgaria And Ukraine

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  • Nataliia Silicheva

Abstract

The article considers the main trends in the development of the investment components of development in Bulgaria and Ukraine. Investment policy is the most important component of the longterm economic strategy of states, includes the use of methods to stimulate investment activity in the country and affects the implementation of state and regional investment programs. Any model of economic management in the state should be subordinated to a number of basic goals: stimulation of innovation activity, development of scientific and technical potential, state economic security, and, most importantly, creation of economic and social conditions for the improvement of the citizens' welfare. One of the factors that contribute to realization of these goals is the implementation of investment and innovation activity both on macro- and micro-level.

Suggested Citation

  • Nataliia Silicheva, 2021. "Innovation And Investment Components Of Economic Development In Bulgaria And Ukraine," INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "CONSTRUCTION ENTREPRENEURSHIP AND REAL PROPERTY", University of Economics - Varna, issue 1, pages 199-204.
    • Handle: RePEc:vrn:emccon:y:2021:i:1:p:199-204
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    File URL: https://conference.ue-varna.bg/emc/wp-content/uploads/2021/12/Sbornik_dokladi_2021.pdf
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    More about this item

    Keywords

    Competitiveness; Investment; innovation; Investment strategy;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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