Analysis of Investment and Innovation Process Indicators of the Development of the Ukrainian Black Sea Region

This article provides a comprehensive analysis of the spatial and temporal patterns of investment and innovation processes in the regions of the Ukrainian Black Sea region during 2020-2024. The study substantiates the selection of indicators that reflect the dynamics of foreign direct investment, financing of research and development (R&D), industrial innovation activity, investment in intangible assets, and environmental capital investments. Based on official statistical data, the analysis reveals significant structural asymmetries between the regions, driven by wartime risks, the destruction of production and scientific infrastructure, and uneven post-crisis recovery trajectories. The research identifies key challenges and determinants influencing the resilience of innovation development in the Black Sea region under conditions of heightened economic and institutional vulnerability. The findings underline the need for targeted regional policy measures, strengthened support for R&D, and the creation of conditions for attracting investment into intangible assets and technologically advanced production.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-12-30
DOI
https://doi.org/10.5281/zenodo.18067576
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
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article

Analysis of Investment and Innovation Process Indicators of the Development of the Ukrainian Black Sea Region

O.M. SHERSHUN, Вячеслав Степанов, Larysa Kupinets, Olha Ermakova
Zenodo (CERN European Organization for Nuclear Research)
Business and Economic Development
article

Analysis of Investment and Innovation Process Indicators of the Development of the Ukrainian Black Sea Region

O.M. SHERSHUN, Вячеслав Степанов, Larysa Kupinets, Olha Ermakova
article en

Abstract

This article provides a comprehensive analysis of the spatial and temporal patterns of investment and innovation processes in the regions of the Ukrainian Black Sea region during 2020-2024. The study substantiates the selection of indicators that reflect the dynamics of foreign direct investment, financing of research and development (R&D), industrial innovation activity, investment in intangible assets, and environmental capital investments. Based on official statistical data, the analysis reveals significant structural asymmetries between the regions, driven by wartime risks, the destruction of production and scientific infrastructure, and uneven post-crisis recovery trajectories. The research identifies key challenges and determinants influencing the resilience of innovation development in the Black Sea region under conditions of heightened economic and institutional vulnerability. The findings underline the need for targeted regional policy measures, strengthened support for R&D, and the creation of conditions for attracting investment into intangible assets and technologically advanced production.

Zenodo (CERN European Organization for Nuclear Research)
National Institute of Economic Research (SE)
Industry, innovation and infrastructure
Openalex Percentile: Top 26%
Business and Economic Development
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Analysis of Investment and Innovation Process Indicators of the Development of the Ukrainian Black Sea Region — O.M. SHERSHUN, Вячеслав Степанов, et al. · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS