State support and digitalisation in the innovative development of Ukraine’s biotechnology sector

Abstract

The relevance of the research lies in determining the role of state support and digitalisation in ensuring the innovative development of biotechnologies in Ukraine in conditions of war and economic instability. The purpose of the work was a comprehensive analysis of the relationship between state policy, digital transformations and innovative development of the biotechnology sector of Ukraine. The research methodology included a systematic analysis of strategic documents, state support programs, the startup ecosystem, and the practical implementation of digital technologies in biotechnology, including the analysis of cases of Ukrainian companies and startups. It has been established that the state policy of Ukraine in the field of biotechnology, in particular the Concept of Bioeconomy Development until 2030 and the Biosafety Strategy, creates systemic conditions for the development of innovative products in pharmaceuticals, agrobiotechnologies, and bioenergy. The impact of digitisation on the sector is analysed, in particular the introduction of artificial intelligence, bioinformatics, big data, blockchain and the Internet of Things, which ensures optimisation of production processes, improvement of management efficiency and reduction of costs. It was found that the interaction of the Ukrainian IT sector and biotechnology forms a competitive advantage, accelerates the transformation of scientific potential into commercial products and ensures the sustainability of the startup ecosystem even in war conditions. The practical value of the results lies in the possibility of their application by public administration specialists, economists and innovation managers for the formation of an effective policy of post-war economic recovery and stimulation of innovative development of the biotechnology sector of Ukraine.