Trends and prospects of development of scientific and technical potential of Donetsk and Lugansk regions in terms of Ukraine's integration into the world economy

Abstract

This article analyzes the trends and prospects of development of scientific and technical potential of the example of Donetsk and Lugansk regions in terms of Ukraine's integration into the world economy. Due to the fact that Ukraine's geopolitical course is aimed at international integration, particularly in the context of cooperation with the European Union and the Customs Union, we have analyzed the trends and prospects, as well as certain level of scientific and technical readiness by major technological and socio-economic indicators on the example of Donetsk and Lugansk regions. Results of investment and innovation development of Ukraine in recent years suggest a role of deliberate government policy aimed at maintaining the integrity of the innovation process – from scientific development to mass production investment. This helped to improve Ukraine's place in the Global Innovation Index (GII) and the Global Competitiveness Index (GCI).