INSTITUTIONAL, INNOVATIVE, AND SOCIO-ECONOMIC FACTORS OF FORMING UKRAINE’S COMPETITIVE ADVANTAGES UNDER EUROPEAN INTEGRATION
Abstract
The article examines the theoretical and applied aspects of forming Ukraine’s competitive advantages under European integration. It substantiates that the competitiveness of the national economy is determined by the complex interaction of economic, institutional, innovative, social, infrastructural, and sectoral factors, which together shape the development trajectory of the country. It is established that Ukraine’s integration into the European economic space is accompanied not only by new opportunities related to access to markets, investments, technologies, and financial support instruments, but also by increased requirements for product quality, production efficiency, institutional maturity, and economic adaptability in a competitive environment. Particular attention is paid to the role of human capital, innovation potential, institutional environment, and the sectoral structure of the economy in the formation of Ukraine’s long-term competitive advantages. It is proved that the development of human capital creates the basis for innovative transformation, while the quality of institutions determines the efficiency of economic potential realization and the level of investment attractiveness of the country, ensuring economic growth. The sectoral competitive advantages of Ukraine are summarized, particularly in agriculture, information technologies, energy, and selected industrial segments. A scientific and methodological approach to the formation of Ukraine’s competitive advantages is proposed. Unlike fragmented approaches, it is based on the systemic consideration of the interdependence of economic, institutional, innovative, and social factors, as well as the resilience and adaptability of the economy to current crisis challenges and external shocks. The practical significance of the obtained results lies in the possibility of their use in the development of state economic policy, competitiveness enhancement strategies, and in the educational process while teaching the discipline “Fundamentals of International Economics and Management”.
References
Acemoglu D., Robinson J. A. The Narrow Corridor: States, Societies, and the Fate of Liberty. New York : Penguin Press, 2020. 576 p.
Baldwin R. The Globotics Upheaval: Globalization, Robotics, and the Future of Work. Oxford : Oxford University Press, 2020. 304 p.
Brynjolfsson E., McAfee A. The Business of Artificial Intelligence. Harvard Business Review, 2021. 128 p.
Mazzucato M. Mission Economy: A Moonshot Guide to Changing Capitalism. London : Penguin Books, 2021. 272 p.
Rodrik D. Straight Talk on Trade: Ideas for a Sane World Economy. Princeton : Princeton University Press, 2021. 368 p.
Schwab K. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet. Hoboken : Wiley, 2021. 320 p.
Perez C. Technological revolutions and techno-economic paradigms // Cambridge Journal of Economics. 2021. Vol. 45, No. 3. P. 567–589.
World Bank. World Development Report 2023: Migrants, Refugees, and Societies. Washington, DC : World Bank, 2023. 320 p.
World Bank. Worldwide Governance Indicators [Електронний ресурс]. Режим доступу: https://info.worldbank.org/governance/wgi/ (дата звернення: 24.04.2026).
European Commission. Ukraine 2023 Report. Brussels : European Commission, 2023. 120 p.
Eurostat. International trade in goods statistics [Електронний ресурс]. Режим доступу: https://ec.europa.eu/eurostat/ (дата звернення: 24.04.2026).
OECD. Economic Surveys: Ukraine 2022. Paris : OECD Publishing, 2022. 140 p.
Горбаль Н. І. Конкурентоспроможність економіки країн ЄС в умовах трансформаційних змін // Економіка та управління. 2021. № 2. С. 45–52.
Когут У. І. Формування конкурентних переваг національної економіки в умовах європейської інтеграції // Науковий вісник. 2020. № 4. С. 112–118.
Федулова Л. І. Інноваційний розвиток економіки України: сучасні тенденції та виклики // Економіка України. 2022. № 1. С. 34–45.
Данилишин Б. М. Економічна політика України в умовах глобальних викликів // Фінанси України. 2021. № 7. С. 5–18.
Геєць В. М. Соціально-економічний розвиток України: сучасні виклики та перспективи // Економіка України. 2020. № 5. С. 3–19.
International Monetary Fund. Ukraine: Country Report. Washington, DC : IMF, 2023. 150 p.
United Nations. World Economic Situation and Prospects 2024. New York : UN, 2024. 180 p.
World Economic Forum. Global Competitiveness Report Special Edition 2023. Geneva : WEF, 2023. 200 p.
Acemoglu D., Robinson J. A. (2020) The narrow corridor: States, societies, and the fate of liberty. New York: Penguin Press. 576 p.
Baldwin R. (2020) The globotics upheaval: Globalization, robotics, and the future of work. Oxford: Oxford University Press. 304 p.
Brynjolfsson E., McAfee A. (2021) The business of artificial intelligence. Harvard Business Review. 128 p.
Mazzucato M. (2021) Mission economy: A moonshot guide to changing capitalism. London: Penguin Books. 272 p.
Rodrik D. (2021) Straight talk on trade: Ideas for a sane world economy. Princeton: Princeton University Press. 368 p.
Schwab K. (2021) Stakeholder capitalism: A global economy that works for progress, people and planet. Hoboken: Wiley. 320 p.
Perez C. (2021) Technological revolutions and techno-economic paradigms. Cambridge Journal of Economics, vol. 45(3), pp. 567–589.
World Bank (2023) World development report 2023: Migrants, refugees, and societies. Washington, DC: World Bank. 320 p.
World Bank (n.d.) Worldwide governance indicators. Available at: https://info.worldbank.org/governance/wgi/(accessed April 24, 2026)
European Commission (2023) Ukraine 2023 report. Brussels: European Commission. 120 p.
Eurostat (n.d.) International trade in goods statistics. Available at: https://ec.europa.eu/eurostat/ (accessed April 24, 2026)
OECD (2022) Economic surveys: Ukraine 2022. Paris: OECD Publishing. 140 p.
Horbal N. I. (2021) Konkurentospromozhnist ekonomiky krain YeS v umovakh transformatsiinykh zmin [Competitiveness of EU economies under transformational changes]. Ekonomika ta upravlinnia – Economics and Management, no. 2, pp. 45–52. (in Ukrainian)
Kohut U. I. (2020) Formuvannia konkurentnykh perevah natsionalnoi ekonomiky v umovakh yevropeiskoi intehratsii [Formation of competitive advantages of the national economy under European integration]. Naukovyi visnyk – Scientific Bulletin, no. 4, pp. 112–118. (in Ukrainian)
Fedulova L. I. (2022) Innovatsiinyi rozvytok ekonomiky Ukrainy: suchasni tendentsii ta vyklyky [Innovative development of Ukraine’s economy: current trends and challenges]. Ekonomika Ukrainy – Economy of Ukraine, no. 1, pp. 34–45. (in Ukrainian)
Danylyshyn B. M. (2021) Ekonomichna polityka Ukrainy v umovakh hlobalnykh vyklykiv [Economic policy of Ukraine under global challenges]. Finansy Ukrainy – Finance of Ukraine, no. 7, pp. 5–18. (in Ukrainian)
Heiets V. M. (2020) Sotsialno-ekonomichnyi rozvytok Ukrainy: suchasni vyklyky ta perspektyvy [Socio-economic development of Ukraine: current challenges and prospects]. Ekonomika Ukrainy – Economy of Ukraine, no. 5, pp. 3–19. (in Ukrainian)
International Monetary Fund (2023) Ukraine: Country report. Washington, DC: IMF. 150 p.
United Nations (2024) World economic situation and prospects 2024. New York: UN. 180 p.
World Economic Forum (2023) Global competitiveness report special edition 2023. Geneva: WEF. 200 p.
Copyright (c) 2026 Анастасія Малюкіна
This work is licensed under a Creative Commons Attribution 4.0 International License.
