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The Influence of the Innovation-Investment Activity on the Regional Competitiveness Romanko O. P., Bodnaruk I. R.
Romanko, Olga P., and Bodnaruk, Iryna R. (2019) “The Influence of the Innovation-Investment Activity on the Regional Competitiveness.” Business Inform 4:181–188. https://doi.org/10.32983/2222-4459-2019-4-181-188
Section: Regional Economy
Article is written in UkrainianDownloads/views: 3 | Download article (pdf) - |
UDC 330.341.1.332.1(477)
Abstract: This article for the first time uses economic-statistical methods to research interaction of the innovation-investment activity and competitiveness at the level of region. For the complex research of individual and general influence of competitiveness of region and its innovation-investment activity, the Granger test and correlation-regression analysis are applied. The Granger test gives an opportunity to define causal relationships between the indicators of the innovation-investment activity of region. Pairs of indicators of the innovation-investment regional activity are defined and grouped according to the presence of communication, force and direction of influence. The correlation-regression analysis is used to determine the regional impact of the innovation-investment activity on the competitiveness. The character, closeness of relation and degree of influence of separate innovation-investment indicators on GRP are determined. Based on the actual data of the obtained dependency models of the analyzed indicators, a three-year forecast for the regional management of competitiveness is conducted.
Keywords: correlation-regression analysis, innovation-investment activity of region, competitiveness of region.
Fig.: 1. Tabl.: 6. Formulae: 3. Bibl.: 7.
Romanko Olga P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Theory of Economics and Management, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine) Email: [email protected] Bodnaruk Iryna R. – Assistant, Department of Theory of Economics and Management, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)
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