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October 11, 2025Marketing and Digital TechnologiesOpen Access

Innovative business development during digital transformation and crisis: potential, barriers and prospects for Ukraine

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Authors

MBMykhailo Bilukha

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Overview

Analysis reveals declining innovation activity in Ukraine, indicating potential for growth amidst digital transformation challenges.

Key Points

  • Ukraine's innovation activity shows a decline in industrial enterprises from 14.3% in 2017 to 5.4% in 2021, indicating significant challenges.
  • The Global Innovation Index shows Ukraine performing well in knowledge creation but declining in overall ranking, underscoring institutional weaknesses.
  • Despite reduced investments due to war and crises, innovation in sectors like IT and agriculture shows promise, highlighting areas for investment and growth.
  • Further research is needed to develop adaptive mechanisms for innovation-driven enterprises to enhance resilience amid geopolitical and economic turmoil.

Cite This Study

Mykhailo Bilukha (2025) studied this question.

synapsesocial.com/papers/68e9b1d9ba7d64b6fc132da1https://doi.org/10.15276/mdt.9.3.2025.10
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Analysis of the Effectiveness of Innovative Activity of Ukrainian Enterprises in Conditions of Crisis State2025
  2. 2Contemporary challenges and threats to the innovative development of Ukraine’s regions economy2025
  3. 3DEVELOPMENT OF THE STARTUP ECOSYSTEM AND ITS IMPACT ON INNOVATION ACTIVITY IN UKRAINE2025
  4. 4INNOVATIVE DEVELOPMENT OF UKRAINE IN THE ERA OF DIGITALIZATION: DEVELOPMENT OF OPEN INNOVATIONS2025
  5. 5Key Concepts and Models of Strategic Innovation Management in Ukraine: Modern Approaches2025 · 2 citations