The IT Industry as a Driver of the Strategic Development of Ukraine's Economy in the Context of Digital Transformation
Prokhorova V. V., Diachenko K. S., Babichev A. V.

Prokhorova, Viktoriia V., Diachenko, Kateryna S., and Babichev, Anatolii V. (2023) “The IT Industry as a Driver of the Strategic Development of Ukraine's Economy in the Context of Digital Transformation.” The Problems of Economy 1:65–73.
https://doi.org/10.32983/2222-0712-2023-1-65-73

Section: Economics and national economy management

UDC 001.3:316.3

Abstract:
The purpose of the article is analyze the current state of the IT industry of Ukraine and determine its promising directions as a driver of the strategic development of Ukraine's economy in the context of digital transformation. By analyzing, systematizing and summarizing the scientific works of leading domestic and foreign scientists, the destabilizing factors of the development of the IT industry were determined, both the pre-war and the current state of the IT industry was analyzed, and the challenges and advantages of its operation in the strategic development of Ukraine were outlined. During the research, it was found that in the pre-war period, the IT industry of Ukraine was one of the largest exporters of IT services in European countries, with the growth by 25–30% every year, generating more than 4% of Ukraine's GDP. The current state of the IT industry in Ukraine, which is complicated by the state of war, economic instability, and systematic blackouts, is also analyzed. As a result of the research, the challenges that have a significant impact on the activities of the companies in the IT industry as a whole were identified and formulated. The advantages of the IT industry from the point of view of the global economy, for the State, for other branches of the economy, and for those employed in the field of IT technologies, are determined. Prospects for further research in this direction are the development of a set of measures to stimulate and develop the IT sphere of Ukraine, in particular at the State level, which would ensure sustainable development in both the long-term and the short-term perspective.

Keywords: IT industry, IT company, IT sector, information technologies, digital economy, informatization, digitization.

Fig.: 9. Bibl.: 20.

Prokhorova Viktoriia V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economics and Management, Educational and Scientific Institute "Ukrainian Engineering and Pedagogical Academy" of V. N. Karazin Kharkov National University (16 Unіversytetska Str., Kharkіv, 61003, Ukraine)
Email: vkprohkorova@gmail.com
Diachenko Kateryna S. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics and Management, Ukrainian Engineering and Pedagogical Academy (16 Unіversytetska Str., Kharkіv, 61003, Ukraine)
Email: yoo.katrin@gmail.com
Babichev Anatolii V. – Candidate of Sciences (Public Administration), Associate Professor, Pro-rector, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: babichev@karazin.ua

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