Issues of investment support for academic science in Ukraine

Abstract

Introduction. Issues of investment support for the academic science in Ukraine are a strategically important factor for development of scientific and education sectors, as well as the economic growth and welfare of the whole society. Nowadays, development of the system of education and science is complicated by the influence of various factors.     

The article characterizes determinative factors affecting development of investment support for academic science aimed at the subsequent transformation of a system of its organizing and managing. To enhance investment support of the sector of academic science in Ukraine, it is necessary to apply a system complex of organizational and economic methods. Since, over the past two decades, elements of a science – education – production cycle have disconnected, the research analyses the issues of investment support for developing the science of Ukrainian universities. Education, as well as science is almost entirely excluded from a process of forming the innovative economy. Difficulty of this issue requires system strategical decisions.          

Purpose. The article’s purpose is to identify problematic zones of investment support for the domestic academic science.  

Method. In the scientific paper, the authors apply general scientific and special methods for cognition of economic phenomena, which have ensured accomplishing the indicated goals according to a chosen research direction.    

Results of the work: forming investment support for the academic science in Ukraine requires improving a wide range of spheres of the government policy. The issue of the academic science in Ukraine has not been appropriately formulated. A higher educational institution may not be held apart from a component such as science. The authors analyse a complex of organizational and economic methods for modernizing investment support of the sector of academic science and indicates a relation between academic knowledge and its commercial exploitation.