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Challenges and Perspectives in Assessing Technological Development: A Focus on Ukraine’s Processing Industry

In: Handbook on Post-War Reconstruction and Development Economics of Ukraine

Author

Listed:
  • Volodymyr Rodchenko

    (Kauno Kolegija Higher Education Institution)

  • Ganna Rekun

    (V. N. Karazin Kharkiv National University)

  • Giuseppe T. Cirella

    (University of Gdansk)

  • Nataliia Teterych

    (National University of Pharmacy)

  • Yuliia Prus

    (V. N. Karazin Kharkiv National University)

  • Alla Lebedyn

    (National University of Pharmacy)

Abstract

This chapter explores the challenges in evaluating the level of technological development in Ukraine’s processing industry, where universally accepted assessment methods are lacking. To address this, a diagnostic approach based on structural, specific, and globalization-oriented indicators is proposed. Applying this framework to different regions of Ukraine confirms regional differentiation can impact the processing industry in terms of socioeconomic development and integration into global markets. The study reveals that in 2020, the processing industry underwent reindustrialization and shifted toward capital-intensive activities. To enhance the post-war reconstruction effort, adopting this approach is recommended for a faster and more effective recovery, improving the country’s production capabilities. The research emphasizes the role of rental income in national income growth specific to fuel and raw material utilization, while the processing industry’s rental income is influenced by diverse factors, not solely by economic activities. An illustrative example highlights a correlation between product manufacturability and employee wages within the Kharkiv region, suggesting a need for further research. Overall, this chapter offers valuable insights into assessing technological development in Ukraine’s processing industry, discussing rating approaches, regional differentiation, and the importance of a standardized methodology to foster sustainable growth and global competitiveness.

Suggested Citation

  • Volodymyr Rodchenko & Ganna Rekun & Giuseppe T. Cirella & Nataliia Teterych & Yuliia Prus & Alla Lebedyn, 2024. "Challenges and Perspectives in Assessing Technological Development: A Focus on Ukraine’s Processing Industry," Contributions to Economics, in: Giuseppe T. Cirella (ed.), Handbook on Post-War Reconstruction and Development Economics of Ukraine, chapter 0, pages 137-157, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-48735-4_9
    DOI: 10.1007/978-3-031-48735-4_9
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