STRATEGIC OBSTRUCTIONS IN THE MANAGEMENT OF THE DEVELOPMENT OF INNOVATIVE ENTREPRENEURSHIP IN THE TRANSCARPATHIAN REGION
Authors:   Uzhhorod National University, Zarichna Olena , Nozhov Edvard ,   Uzhhorod National University, Myhovych Vladyslav ,   Uzhhorod National University
Published: June 2023

The article presents the obstacles to the development of innovative entre-preneurship as a strategic factor in the development of the regional economy of the Transcarpathian region. Obstructions, as well as positive factors, are the object of strategic management of the development of the region and the building of strategic competitiveness, which should be systematized in the following directions. The first ‒ the analysis of quantitative indicators that provide extensive characteristics of innovative activity in the region – indicates a reduction in the number of innovatively active enterprises. The reason for the reduction is the state and regional management ignoring the vital needs of entrepreneurs for institutional and financial support, which ensures the transformation of innovative activity into a strategic competitive advantage. In addition, there is a decrease in the rate of growth of the volumes of innovative products sold. This trend was influenced by the decrease in the number of innovatively active enterprises in the region, that is, the first reason. In addition, as a factor inhibiting the production of innovative products, it is possible to note the underdevelopment of solvent demand for innovative products.The next direction of the analysis of obstacles − the study of the investment climate and investment attractiveness of innovative business in the region − reveals low investment activity and reduction of costs in the field of innovative activity. The reasons for low investment activity are outlined as follows: the high cost of loans in Ukraine, which significantly complicates the financial activity of businesses and worsens the final financial results; lack of mechanisms for attracting public funds (crowdfunding and other methods); general investment climate in Ukraine and its regions. It is appropriate to consider that the investment climate is a more important component of strategic management in the region and the state.The third direction of the study of obstacles is the identification of the development of scientific activity and, accordingly, its impact on innovation activity. Within the framework of the analysis, a reduction in the number of people employed in the field of scientific and research work was determined, which is attributed to the lack of real state support for scientific activity.Among the ways of improving innovative entrepreneurship, it is recommended to highlight the development and implementation of the state strategy of innovative activity, which will provide financial and investment support for innovative business; impro-vement of strategic management of innovation activity in the region, formation of a regional innovation system; support of scientific activity in the region, etc.Keywords: innovative entrepreneurship, strategic development, region, strategic management, strategic competitiveness, development factors