Path for Ukraine's Economic Growth : Technology Upgrading

This report examines Ukraine's economic decline and development through the lens of technology upgrading. The technology upgrading framework assumes that economic growth is a function of technology capability, whereby upgrading occurs through...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/880431575641119051/Path-for-Ukraines-Economic-Growth-Technology-Upgrading
http://hdl.handle.net/10986/32814
id okr-10986-32814
recordtype oai_dc
spelling okr-10986-328142021-09-16T15:25:04Z Path for Ukraine's Economic Growth : Technology Upgrading World Bank INFORMATION AND COMMUNICATION TECHNOLOGY TECHNOLOGY INNOVATION TECHNOLOGY INFRASTRUCTURE DIGITAL TRANSFORMATION BUSINESS ENVIRONMENT MANAGERIAL CAPABILITIES GLOBAL VALUE CHAIN HUMAN CAPITAL This report examines Ukraine's economic decline and development through the lens of technology upgrading. The technology upgrading framework assumes that economic growth is a function of technology capability, whereby upgrading occurs through technological, industrial, and organizational change. This technology upgrading framework is applied to analyze the Ukrainian economy, which reflects its limited capability to generate, as well as absorb, new technology. The report finds that Ukraine ranks last among comparison countries in a composite index of technology upgrading, with especially low performance in terms of production, management, and R&D capabilities. A case study on Ukraine's booming ICT sector, Ukraine's fastest-growing sector, showcases the country's potential, while simultaneously demonstrating which factors and capabilities can constrain its future growth. While Ukraine has developed a vibrant ICT industry, significant challenges exist for its long-term success. To address the challenges, three main areas for policy action are recommended. These include: (1) the development of firms' managerial capabilities and adoption of productivity-enhancing technologies, (2) better integration into global value chains, and (3) supply and retention of a digital-ready workforce. The report also offers cross-cutting recommendations for improving Ukraine's business environment and the complementarities needed for firms’ growth and upgrading. 2019-12-09T17:53:18Z 2019-12-09T17:53:18Z 2019-10 Report http://documents.worldbank.org/curated/en/880431575641119051/Path-for-Ukraines-Economic-Growth-Technology-Upgrading http://hdl.handle.net/10986/32814 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study Europe and Central Asia Ukraine
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INFORMATION AND COMMUNICATION TECHNOLOGY
TECHNOLOGY INNOVATION
TECHNOLOGY INFRASTRUCTURE
DIGITAL TRANSFORMATION
BUSINESS ENVIRONMENT
MANAGERIAL CAPABILITIES
GLOBAL VALUE CHAIN
HUMAN CAPITAL
spellingShingle INFORMATION AND COMMUNICATION TECHNOLOGY
TECHNOLOGY INNOVATION
TECHNOLOGY INFRASTRUCTURE
DIGITAL TRANSFORMATION
BUSINESS ENVIRONMENT
MANAGERIAL CAPABILITIES
GLOBAL VALUE CHAIN
HUMAN CAPITAL
World Bank
Path for Ukraine's Economic Growth : Technology Upgrading
geographic_facet Europe and Central Asia
Ukraine
description This report examines Ukraine's economic decline and development through the lens of technology upgrading. The technology upgrading framework assumes that economic growth is a function of technology capability, whereby upgrading occurs through technological, industrial, and organizational change. This technology upgrading framework is applied to analyze the Ukrainian economy, which reflects its limited capability to generate, as well as absorb, new technology. The report finds that Ukraine ranks last among comparison countries in a composite index of technology upgrading, with especially low performance in terms of production, management, and R&D capabilities. A case study on Ukraine's booming ICT sector, Ukraine's fastest-growing sector, showcases the country's potential, while simultaneously demonstrating which factors and capabilities can constrain its future growth. While Ukraine has developed a vibrant ICT industry, significant challenges exist for its long-term success. To address the challenges, three main areas for policy action are recommended. These include: (1) the development of firms' managerial capabilities and adoption of productivity-enhancing technologies, (2) better integration into global value chains, and (3) supply and retention of a digital-ready workforce. The report also offers cross-cutting recommendations for improving Ukraine's business environment and the complementarities needed for firms’ growth and upgrading.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Path for Ukraine's Economic Growth : Technology Upgrading
title_short Path for Ukraine's Economic Growth : Technology Upgrading
title_full Path for Ukraine's Economic Growth : Technology Upgrading
title_fullStr Path for Ukraine's Economic Growth : Technology Upgrading
title_full_unstemmed Path for Ukraine's Economic Growth : Technology Upgrading
title_sort path for ukraine's economic growth : technology upgrading
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/880431575641119051/Path-for-Ukraines-Economic-Growth-Technology-Upgrading
http://hdl.handle.net/10986/32814
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