Uman National University | today: 12/28/2025
| Author(s) |
Пилявець В. М., , , Ясишена В. В., , , Захарчук О. Ю., , , |
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| Category | |||
| year | 2025 | issue | Issue 107 part 2 |
| pages | 437-451 | index UDK | 330.322:330.341.1(477) | DOI | 10.32782/2415-8240-2025-107-2-437-451 (Link) |
| Abstract | This article provides a comprehensive analysis of the current state, key issues, and future prospects of investing in intangible assets in Ukraine. Against the backdrop of the global shift towards a knowledge-based economy, the authors emphasize the strategic importance of intangible resources – such as intellectual property, human capital, organizational structures, and digital technologies – for the competitiveness and innovation capacity of modern enterprises. The study explores the essence and classification of intangible assets, highlighting their role in value creation in the context of digitalization. Drawing on statistical data from 2010 to 2024, the authors examine trends in Ukraine’s investment structure and compare them with global benchmarks. Although investments in intangible assets have shown dynamic growth in recent years, their share remains significantly lower than in developed economies, with most investments concentrated in software and databases. A major contribution of the article lies in identifying systemic barriers that hinder the development of intangible asset investment in Ukraine. These include an underdeveloped institutional framework, weak protection of intellectual property rights, lack of clear methodologies for asset valuation, limited access to financing, and low levels of innovation culture among enterprises. The authors argue that overcoming these barriers is critical for enhancing Ukraine’s innovation infrastructure and integrating into global value chains. To address these challenges, the article proposes a set of strategic recommendations: aligning national accounting standards with IAS 38, promoting specialized courts for intellectual property, enabling financial mechanisms for leveraging intangible assets (e.g., patents as collateral), developing technology transfer centers, and fostering a culture of innovation through education and public policy. Notably, the article calls for the adoption of a National Strategy for Intellectual Capital Development in Ukraine. By integrating national data and international best practices (e.g., OECD, WIPO, COTEC), the article positions intangible asset investment as a prerequisite for Ukraine’s transition to a resilient, innovation-driven economy. The findings are relevant not only for policymakers and economists but also for business leaders, legal experts, and educators aiming to unlock the full potential of Ukraine’s intellectual and human capital. | ||
| Key words | intangible assets, intellectual capital, innovation, investment barriers, knowledge economy, Ukraine | ||