UKRAINE’S EUROPEAN INTEGRATION IN THE FIELD OF RESEARCH AND INNOVATION: STATE, CHALLENGES, ACCELERATION MEASURES

Unprecedented complexity of the modern challenges requires the international community to strengthen cooperation in science, technology and innovation to better seize the opportunities and reap the benefits of the new reality, as well as search for new solutions to problems humanity is faced with. The paper investigates the influence of European integration on the economy and innovation ecosystem of Ukraine. It is established that the innovative component of the national economy has contracted over 2015-2020. With each year, it is becoming more primitive and de-industrialized, which necessitates a revision of the Association Agreement with the EU aimed at enhancing its positive impact on innovation processes in the national economy. Conducted analysis allows for comparisons between Ukraine’s involvement in the Horizon 2020 Framework Programme, which remains low, and that of EU member states and other associated members. Ukraine’s predicament is explained by, among other reasons, a weak national innovation ecosystem and a lack of close contact and professional ties between Ukrainian institutions and their European counterparts. The paper offers suggested solutions to these problems, namely a set of organizational and institutional measures that will broaden Ukraine’s access to EU funding and accelerate integration into European Research Area. The author emphasizes the need for planned systemic reforms in order to overcome the structural weakness of the national economy. «Natural» development of science and technology, revitalization of the industries though introduction of latest technologies, preservation and balanced development of human capital will all ensure Ukraine’s advancement through development of a competitive high-technology economy.