Economic Bulletin of the National Mining University

 

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Issue:2026 №1 (93)
Section:Economics and International Economic Relations
UDK:330.111.4:001
DOI:https://doi.org/10.33271/ebdut/93.009
Article language:Ukrainian
Pages:9-28
Title:ADAPTIVE EFFICIENCY OF THE INSTITUTIONAL ENVIRONMENT OF UKRAINE IN THE CONTEXT OF TECHNOLOGICAL CHALLENGES: PROBLEMS AND PROSPECTS
Authors:Pylypenko H. M., Dnipro University of Technology,
Fedorova N. Ye., Ukrainian State University of Science and Technologies
Annotation:Methods. The results were obtained through the application of the method of structuralfunctional analysis, which was used to examine the role of institutions in ensuring the coordination, distributive, and incentive functions within the national innovation system. The method of comparative analysis was applied to compare technological dynamics and institutional response. Graphical analysis was employed to visualize the relationship between functional parameters and to identify asymmetries in their implementation. Methods of indicative evaluation and generalization were used to determine the level of adaptive efficiency of the institutional environment and to identify its dysfunctions. A system-integration approach and the method of functional complementarity were applied to substantiate the possibilities of compensating weak subfunctional linkages through reliance on relatively strong institutional mechanisms. Results. It is shown that the innovation system serves as the environment in which the mismatch between technological impulse and institutional response is most clearly manifested. The institutional environment of Ukraine is characterized by focused adaptation to technological challenges: the closest relationship with technological dynamics is demonstrated by the subfunctions of reducing uncertainty, ensuring social inclusion, compensating technological risks, and eliminating barriers to participation in the exchange. At the same time, the mechanisms defining access regimes to resources, reducing transaction costs, and maintaining the rules of the game remain weak. The subfunctions of property rights protection, institutional compatibility, and dynamic efficiency of exchange form an intermediate level of adaptation. Overall, the focused profile of institutional adaptation to technological challenges in Ukraine combines strong mechanisms of anticipation and foresight with insufficient plasticity of the institutional form, which constrains the structural renewal of the institutional environment. Novelty. The approach to measuring the effectiveness of the institutional environment of a country has been improved by assessing it through the category of adaptive efficiency as a measure of functional consistency between technological dynamics and institutional response. It is proposed to analyze institutional response to technological change through the implementation of coordination, distributive, and incentive functions of institutions and their subfunctional linkages with technological dynamics. This made it possible to identify the structure of Ukraine’s institutional adaptation to technological challenges, distinguish strong and weak chains within the national innovation system, and explain the nature of its response to technological transformations. Practical value. The proposed approach makes it possible to determine directions for enhancing the adaptive efficiency of Ukraine’s institutional environment by relying on strong institutional subfunctions (transparency, inclusion, and risk compensation) to correct weak mechanisms related to access to resources, renewal of the rules of the game, and reduction of transaction costs in the process of shaping national innovation policy. 
Keywords:Adaptive efficiency, Institutional environment, Post-industrial transformations, Technological challenges, National innovation system, Institutional dysfunctions, Strategy for enhancing the adaptive efficiency of the institutional environment of Ukraine
File of the article:EV20261_009-028.pdf
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