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The purpose of the paper is to analyze the positioning of Ukraine in the global indices of innovative development and competitiveness, to evaluate the indicators of innovation activity and, based on the outcomes of the research, to determine the place of Ukraine in the global innovation space. The dynamics of innovation activity on an international scale based on the consolidated indicators of the Global Innovation Index are presented. Ukraine's position in it and progress in achieving goals to better understand the processes that stimulate or constrain innovation are determined. Econometric methods to generalize the positioning of Ukraine in the global innovation space and the DEA method to study the relative individual effectiveness of the innovation environment and innovation activities in Europe are used. [ABSTRACT FROM AUTHOR]

Given the complexity of the global epidemiological situation, the struggle for the competitiveness of national economies is exacerbated. For Ukraine, whose economy has now taken the form of deindustrialization, the intensification of innovation is a necessary, extremely important condition for its further development. It was previously thought that the socio-economic development and growth of countries depended mainly on their capital and labor resources, while other lesstangible resources, such as information, training, infrastructure development were treated as external factors influencing market behavior only indirectly. However, overtime, the idea that knowledge management is a determining factor in productivity in both modern and traditional economies is becoming increasingly entrenched. The paper proposes results of the research of Ukraine’s positioning in the global innovation space. It also determines the necessity of priority development of the innovative sphere of the country against the backdrop of crisis phenomena and assesses the position of Ukraine in the Indices characterizing the level of development of the innovative component of the competitiveness of the country’s economy. It underlines the insufficient level of innovation infrastructure development in the country. The authors consider that the basis of Ukrainian innovative competitiveness is the development of institutions, infrastructure and business. These areas need special state support, as their effective implementation is the main competitive advantage of Ukraine. The research was conducted according to the Global Innovation Index sub-indices on the horizon of 2013—2021. Econometric methods are used to generalize the positioning of Ukraine in the global innovation space and the DEA method to study the relative individual effectiveness of the innovation environment and innovation activities in Europe. [ABSTRACT FROM AUTHOR]

In today's turbulent and unstable environment, international companies, including Ukraine and Georgia, are forced to move to technologies they did not plan to implement for some time and reconsider their strategic priorities. "Become digital or die" is the reality of the COVID-19 epidemic. Companies that will survive in the long run - those that have the best tools that allow them to be flexible, agile, agile; those who are better than others will be able to respond to changes in the product range, control and monitor their factories, regulate supply chains and will be able to use their workforce really anywhere. Mixed research methods were used to analyse the data. The theoretical and methodological basis of the study were the dialectical method of cognition, a systematic approach to the use of general provisions of economic theory. According to the research results, despite the serious positive transformations in the field of digitalization, there are a number of current and significant unresolved issues in the industry. It is established that the digital economy in Ukraine and Georgia, despite a number of existing problems, is developing dynamically. Organizations in various sectors of the economy are beginning to actively implement digital solutions, taking into account the specifics of their activities. Innovation is the engine of economic development, so attempts are made to find and create the most appropriate forms of organizational associations of innovative enterprises, alliances, within which strong cooperative ties can be established. The need for large-scale cooperation and coordination in the form of networking of participants in the innovation process becomes quite obvious, which provides them with a beneficial effect and corresponding competitive advantages. [ABSTRACT FROM AUTHOR]

The purpose of the article is to study the theoretical foundations and practical aspects of legal regulation of the mechanism of applying blockchain technology in the modern conditions of digitalization of the economy of Ukraine. The results of the conducted research give reasons to state that the legal regulation of the mechanism of applying blockchain technology in the modern conditions of digitalization of the economy of Ukraine is too weak and needs to be revised and improved. The article defines the essence of blockchain technology, which is understood as a decentralized database formed by participants and provides conditions for preventing actions related to the falsification of data due to their chronological recording and public confirmation by all participants of the transaction network. On the basis of a detailed study of the outlined issues, significant problematic aspects of the use of blockchain technology at the global, national and regional levels have been identified, the most acute of which at the current stage is the imperfection of the legal mechanism of applying blockchain technology in the modern conditions of digitalization of the economy. The results of empirical studies have proved the dependence of the development of blockchain technology on the level of development of the country and the state of the digitalization process of the national economy. It has been established that the highest share of the use of blockchain technologies in today's conditions is observed in the USA (40%) and Great Britain (17%). In order to solve problematic issues, the main areas of improving the legal regulation of the mechanism of applying blockchain technology in Ukraine are proposed, among which the need for the development and adoption of the Law of Ukraine "On Virtual Assets" is justified, as well as the need for the implementation of international and European law in the field of digitalization and regulation of the development of digital technologies in the national legislation of Ukraine. [ABSTRACT FROM AUTHOR]