In every innovative society it is not enough to just see
and evaluate your own potential; you need to know
how to it implements effectively. Analyzing the
positions of Ukraine in different ratings of innovative
potential, one could have more matters to be
optimistic. However, this appears only at the first
glance: if we change some criteria of perception, we
can find ourselves in the world’s top-10 by the
ultimate feature of innovative market – by human
intellectual resources.
As of the beginning of 2016, Ukraine was at the 41st
place (between Latvia and Bulgaria) in Innovation
Index by Bloomberg, which considers the intensity
of scientific research and inventions, added value
of the production and economy efficiency.
Another rating, the Global Innovation Index, puts
Ukraine at even lower 64th place, between Serbia
and the Seychelles Islands.
The public investment into research and
innovations in Ukraine in 2016 was only 0,8%
GDP, or 2,5 billion UAH (less than $ 100 million).
The leaders of innovative ratings invest
inconsiderably more: the USA - $ 405 billion (or
2,7% GDP), China - $ 338 billion (2,1% GDP), Japan - $ 160 billion (3,7% GDP). Are those numbers
suggesting that there is no bright future for our country, considering the current state of development
and capabilities of Ukrainian economy?
As a matter of fact, all those extensive
investments by the leading innovative States
could have been futile, if they didn’t possess
the main resource needed – the intellectual
one. No one can argue with another fact –
Ukraine, as most former soviet States, is one
of the main “exporter” of intellectual resources
abroad. In Ukrainian actuality this trend has
even been called the “brains’ outflow”, the
reasons and consequences of which have been
described in detail. On the other hand, it gives
us another, and quite surprising, point of perception for analysis considering the latest tendencies at
the global employment market and comparing them to Ukrainian reality.

For example, Ukraine still holds its position in world’s top-5 by the educational criteria, judging by the
percentage of diplomas among the totality of working population. One can fiercely criticize our
educational system, but Ukrainian specialists are among the most wanted in many international
innovative clusters. Ukraine exports not only the raw commodities; we are providing the intellectual
base for innovative economies for other countries.
In the meantime, the employment market in the
developed countries is being formed, for long
time already, not by the State, nor even by the
business activities, but by the innovative
ecosystem. For example, the IBM’s CEO Ginni
Rometty has recently issued an open letter to the
USA’s president-elect Donald Trump, with a
proposition to support the extended 6-years
(conventional last 4 years), which would replace
the studying in universities. This is about
speeding up all the processes – educational,
manufacturing, creating innovative products. In her opinion, there is no need to study in university to
develop business processes or hold top positions in leading IT companies: the majority of the skills
needed cold be received by young people at professional training courses.
One more trend on the innovative market – the diffusion of knowledge, skills and abilities, that leads to
emergence of absolutely new professions at the intersection with IT. The volumes of data (BigData),
the speed of its exchange and dematerialization of a range of processes have formed the demand on a
whole set of new occupations – IT-evangelists, cyber detectives, architects of augmented realities, webconsultants on wide range of problems (including “network doctors” in medical on-line services),
different “testers” of IT-products.
The merge of the high educational potential of Ukrainians with the latest trends on the innovations
market could stop the outflow of our intellectual resources abroad and simultaneously become the
driver of national innovative development. The issue of financing the innovative ecosystem could be
gradually resolved by the private investment. In other words, the State, lacking the financial resources
needed, creates attractive conditions for investors, while the latter receive access to the innovative
intellectual resource, ready to transform itself under the specific demand of business.
Certainly, we shouldn’t forget about other important mechanisms of stimulation of business activities
which could potentially attract new investors. Referring to deregulation, tax incentives for innovative
cluster. For example – full or partial revenue tax exempt status (for a defined time period) for
companies operating in the IT-sector.
As a nation, we have almost everything needed to start those changes: talented researchers in many
scientific fields, profound theoretical knowledge, the understanding of need to recovery form crisis by
the creation of knowledge-intense economy by the State. What are we lacking? The communicational
platform, which would reunite the innovators, business community, investors and State actors and
which would form the demand on a final “intellectual product”.