338.001.36

DOI: DOI: https://doi.org/10.36887/2415-8453-2020-1-2

Konstantin PAVLOV
Doctor of Economics, Professor, Professor of the Department of Analytical Economics and Environmental Management. Lesya Ukrainka Eastern European National University
Olena PAVLOVA
Doctor of Economics, Professor, Head of the Department of Analytical Economics and Environmental Management. Lesya Ukrainka Eastern European National University

JEL classification: L91; О18; О31

Abstract

Introduction. The main requirement of the Ukrainian transport industry is precisely the ability to operate under different conditions of flexibility and elasticity of the national market of transport services. The transport sector plays an important role in the implementation of various socio-economic links, both nationally and internationally. Therefore, the investment and innovation development of the transport sector in the country plays not only one of the key roles, but also can contribute to ensuring the proper level of formation and development of a wide range of partnerships in both the private and public sectors of the economy. Thus, in parallel with the prospect of developing national transport connections as a separate transport industry, it will also contribute to the improvement of other important sectors in the life and functioning of Ukraine.

The purpose. It is a comprehensive study of the situation in the transport sector of Ukraine, in determining the potential of the transport industry of the state, as well as its innovation and investment support.

Results. The article outlines the negative phenomena that occur today in the transport industry of Ukraine. The meaning and necessity of practical realization of the innovative and investment potential of the Ukrainian transport industry are investigated. The problems of practical realization of innovative activity are outlined, as well as an overview of possible perspectives of innovative and investment development of the state transport potential.

Conclusion. It was noted that in line with the stage of achieving the economic indicators of Ukraine, the transport industry should also change in full accordance with the demand that will take place for transport services. The transport industry has, to some extent, become a so-called “risky project” for the country, because there are no approaches now available to study and implement accurate forecasting for its further development. In the absence of timely response to the need for immediate implementation of measures, the failure of the transportation industry of Ukraine in the near term of time may meet the needs of the population in transportation, the development of tourist services and various business processes. There is also a risk of loss of competitiveness of the state transport system, which is manifested in the insufficient ability of Ukraine to participate in the provision of servicing processes with respect to international freight flows.

Keywords: transport, transport industry, transport potential, transport innovation, transport industry investment, innovation and investment potential.

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The article was received 18.11.2019