UKRAINE’S READINESS FOR THE IMPLEMENTATION OF THE MODERN INDUSTRY 4.0 TECHNOLOGIES

  • Natalia Skorobogatova National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”
  • Yuliia Kravchuk National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”
Keywords: modern technologies, innovative development, Industry 4.0, information and communication technologies, international competitiveness

Abstract

The article describes the essence and concepts of the latest trend of development of Industry 4.0 and identifies nine main directions of development of the Fourth Industrial Revolution. It is proved that the basis of Industry 4.0 is the information and communication technologies, the driving force of which is the IT sphere. The current state of development of the IT sphere in Ukraine is analyzed, the main factors influencing it and the predictive values are determined. Ukraine has been shown to have great potential in implementing the latest Industry 4.0 technologies. This is evidenced by the steady growth in exports of IT products, as well as the steady increase in the number of highly skilled workers. Ukraine’s place in the Global Services Location Index has been identified and a trend has been identified - in recent years, the country’s position has improved due to the large number of highly skilled workers available, as well as a favorable business environment. Based on the research, it was concluded that Ukraine has a high potential in the development and implementation of the latest Industry 4.0 technologies. Practical recommendations are given on the next steps for Ukraine’s effective entry into the world of Industry 4.0 innovators. In particular, the necessity of realization of the following measures is defined: development of a strategy of regional development of industry taking into account available resources and potential of development of international competitiveness; state support for the creation of appropriate innovation centers in higher education institutions; promoting the diffusion of technological innovation in Industry 4.0 in depressed regions; promoting the opportunities and benefits of Industry 4.0 technology in leading innovative regions; development of a new cybersecurity policy for personal data, etc. We believe that the implementation of the proposed measures will increase the competitiveness of domestic business and the economy as a whole. The practical implementation of the proposed measures requires a systematic approach to solving the problem at the macro and micro levels.

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Published
2019-12-30
How to Cite
Skorobogatova, N., & Kravchuk, Y. (2019). UKRAINE’S READINESS FOR THE IMPLEMENTATION OF THE MODERN INDUSTRY 4.0 TECHNOLOGIES. Entrepreneurship and Innovation, (7), 26-32. https://doi.org/10.37320/2415-3583/7.4
Section
Theoretical and empirical research