No abstract

Purpose. The aim of the article is conducting a detailed analysis of the impact of ease of doing business in the country (provided by the rating) and the growth of innovation in the country (reflected in the change in the global innovation index) on the change in GDP per capita. Methodology of research. The theoretical and methodological basis of the research is the works of foreign and domestic scientists in the field of innovative development. The following methods are used in the process of writing the article in order to achieve this goal: theoretical generalization – to highlight common features of innovative activity in Ukraine; statistical analysis – to assess the state of innovation, ease of doing business in Ukraine; cluster analysis – to classify countries based on GII, Ease of Doing Business Index and GDP; correlation analysis – to assess the impact of innovation and ease of doing business on GDP per capita; graphical and tabular – for visual presentation of research results. Findings. The peculiarities of the state of innovative activity in the country are established. It is argued that the value of the Global Innovation Index (GII) and the ease of doing business (Ease of Doing Business) have a direct impact on GDP per capita. The countries are classified by the values of these indicators and the place of Ukraine is determined. Originality. There has been a further development of research into the impact of innovative development and ease of doing business on the country's GDP change, in particular, the clustering of these indicators has determined the position of Ukraine in the international arena. Practical value. The obtained results of the study may be used by future researchers to understand the role of innovation activities of small and medium-sized enterprises in the development of the domestic economy. Key words: innovation; innovative activity; innovative development; SMEs; global innovation index; ease of doing business index.

This article seeks to address the pressing issue of developing the innovative activity of the domestic economy through the use of the potential of small and medium-sized enterprises, which has to do with the possibility of application of existing experience of the more developed foreign countries in order to achieve economic success. The purpose of this study is to examine the trends in the development of innovative activity of small and medium-sized enterprises in Ukraine, as well as to determine the distribution of the total amount of expenditures by areas of innovation. Analysis of the literature on this issue has shown that the economic development of a country depends on many factors, and the use of intellectual potential is quite a significant factor in modern society. The relevance of this issue is supported by the fact that the majority of developed countries that have high levels of national income and are distinguished by the quality of life of the population are introducing the latest innovative inventions and using them appropriately in: production, agriculture, trade and other fields of activity. The research of the development of innovation activity of small and medium-sized enterprises in the article is carried out in the following logical sequence: analysis of small and medium-sized enterprises in Ukraine, analysis of small and medium-sized enterprises of EU countries, evaluation and comparison of innovation activity of Ukraine and EU countries. The methodical tools of the study included methods of statistical analysis. The study period was 2010-2018. The object of analysis is the process of development of innovation activity of small and medium-sized enterprises, as they are the majority of enterprises in Ukraine. The article presents the results of the analysis of the state of innovation the activity of small and medium-sized enterprises, which showed that our country needs significant transformation in this direction. Studies show that increasing the turnover and the production of small and medium-sized enterprises depends on the level of innovative development. The results of the study may be useful for small and medium-sized enterprises.