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Development Prospects and Benefits of Production of Goods with the Geographical Indication “Melitopol Cherry”
Chernukha T. S., Hovorovska A. V.

Chernukha, Tetiana S., and Hovorovska, Alisa V. (2021) “Development Prospects and Benefits of Production of Goods with the Geographical Indication “Melitopol Cherry”.” Business Inform 11:315–321.
https://doi.org/10.32983/2222-4459-2021-11-315-321

Section: Economics of Enterprise

UDC 339.5

Abstract:
It is determined under the conditions of modern development of the world economy there is a steady growth of international trade in goods and services that contain an innovative component and are protected by intellectual property rights. It is argued that this ensures the growth of exports of countries with developed market economies and forms a significant component of the national economies of their countries. The main purpose of this article is to study theoretical and practical aspects of functioning of the world intellectual property market. The main trends and features of development of the market for goods with a geographical indication are analyzed. It is noted that nowadays agricultural products of regional origin, which are in high demand due to their unique and original features, are becoming especially relevant. The growth of significance of certified local products and its influence on business development is determined. The main stages of regional branding of local traditional products are characterized and a mechanism for increasing Ukraine’s competitive position on the world market is proposed. The study analyzed the dynamics of indicators related to the use of industrial property in Ukraine, including geographical indications. As a result of the research the importance of economic functions of intellectual property is substantiated and it is proved that the use of its objects is aimed at increasing the competitiveness of an individual enterprise, organization and the State as a whole. The main focus is on the prospects for development and benefits of production of goods with the geographical indication “Melitopol cherry”. It is established that the wide use of means of individualization promotes creation of a healthy competitive environment in the conditions of market economy development. The advantages of using the geographical indication “Melitopol cherry” for Ukrainian producers are determined.

Keywords: geographical indications, intellectual property, intellectual property right, “Melitopol cherry”.

Fig.: 1. Tabl.: 1. Bibl.: 18.

Chernukha Tetiana S. – Candidate of Sciences (Economics), Lecturer, Department of International Economics and Management, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]
Hovorovska Alisa V. – Student, Faculty of International Economics and Entrepreneurship, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

List of references in article

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Osypova, M., and Kozlova, I. “Koniunkturni doslidzhennia svitovoho rynku fruktiv“ [Conjunctural Research of the World Fruit Market]. Naukovyi visnyk [Odeskoho natsionalnoho ekonomichnoho universytetu]. 2018. http://n-visnik.oneu.edu.ua/collections/2018/258-259/pdf/142-159.pdf

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