SCIENTIFIC PRINCIPLES OF ANALYTICAL APPROACH TO THE FORMATION AND ASSESSMENT OF THE EFFICIENCY OF INNOVATION POLICY IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

Keywords: sustainable development goals, innovation policy, evaluation, sustainable development

Abstract

In the context of the development of innovation policy, the task of analyzing the innovative component of sustainable development and evaluating the effectiveness of the current innovation policy, taking into account its compliance with the Sustainable Development Goals (SDGs), arises. Despite a significant number of official documents devoted to the development of the innovation sphere and declarative strategies for ensuring national security, there is no strategic policy of the state to strengthen the influence of innovations on the state of sustainable development of the country, which makes the task of developing analytical foundations relevant from a theoretical and practical point of view. The purpose of the article is to generalize approaches to determining the relationship between the Sustainable Development Goals and innovation policy. On the basis of the analysis of scientific research and program documents from the Central Development Strategy, the problems of their integrated implementation have been identified. To analyze the impact of innovation policy on sustainable development in the context of the issue, the impact of SDG 9 on others was considered. The analysis of scientific and methodological approaches to the analysis of the relationship between the Central Bank and their factors made it possible to distinguish their groups. Strategic benchmarks for evaluating the effectiveness of innovation policy have been determined. The considered aspects make it possible to significantly increase the effectiveness of evaluating the effectiveness of the development of national innovation systems based on the use of evaluation tools, in particular: performance monitoring, which emphasizes the degree of fulfillment of the tasks set before the program; analysis of costs and benefits (cost-benefit evaluations), which compares the costs of policy implementation (preferably in comparison with alternative possibilities of using resources) with the benefits obtained as a result of implementation; impact evaluations, which focus on cause-and-effect relationships between the implementation of the program and the ultimately achieved result and are a key element of performance evaluation, because the result of the programs involves a change in the state and behavior of agents.

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Published
2022-08-30
How to Cite
Omelyanenko, V., Omelianenko, O., & Vernydub, M. (2022). SCIENTIFIC PRINCIPLES OF ANALYTICAL APPROACH TO THE FORMATION AND ASSESSMENT OF THE EFFICIENCY OF INNOVATION POLICY IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT. Economy and Society, (42). https://doi.org/10.32782/2524-0072/2022-42-88
Section
ECONOMICS