Contemporary state of Ukrainian enterprises development under modern globalization conditions

Abstract

The article examines the patterns of innovative transformation of the business sector of Ukraine based on statistics.Through in-depth and comprehensive analysis of scientific publications on economic development of Ukrainian enterprises in modern conditions, the main problems of the business-sector in the economy of the country were identified, effective methods of improving this situation were found. The authors built models that characterize effects, which give increased localization and outstripping growth rates of the "innovative sector", catalyzing the development of the economy. It is shown using the growth of the share of the innovative sector and the outstripping general economic dynamics of enterprices. The structure of enterprises' complex of different production directions was considered, with the help of which the main and side effects of the irrational usage of labor and financial resources at the enterprises were calculated. The factors limiting business development opportunities in the ukrainian and international markets were highlighted. The potential for the development of enterprises was assessed determined. Factors of attractiveness for investing in the Ukrainian business sector have been investigated and ways to improve its condition were suggested.