DOCSLIB.ORG

An Analysis of Sustainability Disclosure in Ukrainian Companies

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
An Analysis of Sustainability Disclosure in Ukrainian Companies UNIVERSITY OF LJUBLJANA SCHOOL OF ECONOMICS AND BUSINESS MASTER’S THESIS AN ANALYSIS OF SUSTAINABILITY DISCLOSURE IN UKRAINIAN COMPANIES Ljubljana, May 2020 ALINA TERSKYKH AUTHORSHIP STATEMENT The undersigned Alina Terskykh, a student at the University of Ljubljana, School of Business and Economics, (hereafter: SBE LU), author of this written final work of studies with the title An Analysis of Sustainability Disclosure in Ukrainian Companies, prepared under supervision of Full Prof. Dr. Adriana Rejc Buhovac DECLARE 1. this written final work of studies to be based on the results of my own research; 2. the printed form of this written final work of studies to be identical to its electronic form; 3. the text of this written final work of studies to be language-edited and technically in adherence with the SEB LU’s Technical Guidelines for Written Works, which means that I cited and / or quoted works and opinions of other authors in this written final work of studies in accordance with the SEB LU’s Technical Guidelines for Written Works; 4. to be aware of the fact that plagiarism (in written or graphical form) is a criminal offence and can be prosecuted in accordance with the Criminal Code of the Republic of Slovenia; 5. to be aware of the consequences a proven plagiarism charge based on the this written final work could have for my status at the SEB LU in accordance with the relevant SEB LU Rules; 6. to have obtained all the necessary permits to use the data and works of other authors which are (in written or graphical form) referred to in this written final work of studies and to have clearly marked them; 7. to have acted in accordance with ethical principles during the preparation of this written final work of studies and to have, where necessary, obtained permission of the Ethics Committee; 8. my consent to use the electronic form of this written final work of studies for the detection of content similarity with other written works, using similarity detection software that is connected with the SEB LU Study Information System; 9. to transfer to the University of Ljubljana free of charge, non-exclusively, geographically and time-wise unlimited the right of saving this written final work of studies in the electronic form, the right of its reproduction, as well as the right of making this written final work of studies available to the public on the World Wide Web via the Repository of the University of Ljubljana; 10. my consent to publication of my personal data that are included in this written final work of studies and in this declaration, when this written final work of studies is published. Ljubljana, May 26th, 2020 Author’s signature: _________________________ TABLE OF CONTENTS INTRODUCTION ........................................................................................................... 1 1 CORPORATE SOCIAL DISCLOSURES THROUGH SUSTAINABILITY REPORTING ................................................................................................................... 3 1.1 Definitions and core ideas .................................................................................. 3 1.2 Motivation for sustainability disclosure ............................................................ 9 2 EMPIRICAL FINDINGS ON SUSTAINABILITY DISCLOSURE .................... 10 2.1 Sustainability disclosure in Western Europe .................................................. 11 2.2 Sustainability disclosure in CEE ..................................................................... 13 2.3 Sustainability disclosure in Ukraine ............................................................... 15 3 COMPARATIVE STUDY ON SUSTAINABILITY REPORTING IN UKRAINE ................................................................................................................................. 18 3.1 Research method.............................................................................................. 18 3.2 Research process .............................................................................................. 19 3.3 Findings ............................................................................................................ 22 3.3.1 Sustainability Reporting Form .................................................................. 24 3.3.2 Language Used ......................................................................................... 25 3.3.3 Reporting Standards.................................................................................. 26 3.3.4 Focus of Reports ....................................................................................... 27 4 DISCUSSION.......................................................................................................... 42 4.1 Recommendations for managers ..................................................................... 42 4.2 Main contribution ............................................................................................ 43 4.3 Research limitations ........................................................................................ 44 CONCLUSION .............................................................................................................. 44 REFERENCE LIST ....................................................................................................... 46 APPENDIXES ................................................................................................................ 54 LIST OF FIGURES Figure 1: The Pyramid of Corporate Social Responsibility ................................................. 4 i Figure 2: Triple Bottom Line ............................................................................................. 5 Figure 3: The Set of GRI Standards ................................................................................... 7 Figure 4: Research Process for the Thesis ........................................................................ 19 Figure 5: Final List of Sampled Ukrainian Companies ..................................................... 23 Figure 6: Percentage of Sustainability Disclosure in Each Sustainability Category .......... 30 LIST OF TABLES Table 1: The Ten Principles of the United Nations Global Compact .................................. 8 Table 2: List of Empirical Studies on Sustainability Disclosure in Western Europe ......... 11 Table 3: List of Empirical Studies on Sustainability Disclosure in Central and Eastern Europe ........................................................................................................................................ 13 Table 4: List of Empirical Studies on Sustainability Disclosure in Ukraine ...................... 17 Table 5: Coding Scheme .................................................................................................. 21 Table 6: Sustainability Reporting Form Used Among Sampled Companies ..................... 24 Table 7: Language Used for Reports of Sampled Companies ........................................... 26 Table 8: Reporting Standards in Reports of Sampled Companies ..................................... 27 Table 9: Length of Reports of Sampled Companies (in Pages) ......................................... 28 Table 10: Top Sustainability Issues Across Ten Ukrainian Companies in 2012/2013 ....... 31 Table 11: Top Sustainability Issues Across Ten Ukrainian Companies in 2017 ................ 32 Table 12: Quality of Disclosure of Individual Sustainability Issues in Ten Ukrainian Companies in 2012/2013 ................................................................................................. 34 Table 13: Quality of Disclosure of Individual Sustainability Issues in Ten Ukrainian Companies in in 2017 ...................................................................................................... 36 Table 14: Rank of Ten Ukrainian Companies Based on Their Overall Sustainability Disclosure in 2012/2013 .................................................................................................. 39 Table 15: Rank of Ten Ukrainian Companies Based on Their Overall Sustainability Disclosure in 2017 ........................................................................................................... 40 LIST OF APPENDIXES Appendix 1: Povzetek (Summary in Slovene language) ..................................................... 1 Appendix 2: List of Companies Used for the Research ...................................................... 2 ii Appendix 3: Content Analysis for the Year 2012/2013....................................................... 8 Appendix 4: Content Analysis for the Year 2017 ............................................................. 13 LIST OF ABBREVIATIONS CEE – Central and Eastern Europe CSR – Corporate Social Responsibility EU – European Union GDP – Gross Domestic Product GRI – Global Reporting Initiative NGO – Non-Governmental Organisation SDG – Sustainable Development Goal SR – Sustainability Reporting TBL – Triple Bottom Line UK – United Kingdom UNGC – United Nations Global Compact WCED – World Commission on Environment and Development WE – Western Europe iii INTRODUCTION In the last twenty years, businesses have moved towards incorporating sustainability ideas and the concept of corporate social responsibility (hereinafter: CSR) in their day-to-day operating activities. The phenomenon of globalisation made the organisations become more aware of their impacts upon society and moving managers’ mind-sets beyond financial profits. Organisations started shaping progressive social
Load more

Recommended publications
  • Financial Review 2020 TIETOEVRY 2020 GOVERNANCE and REMUNERATION FINANCIALS
    Financial Review 2020 TIETOEVRY 2020 GOVERNANCE AND REMUNERATION FINANCIALS Table of contents TietoEVRY 2020 3 Governance 7 Financials 33 CEO review 4 Corporate Governance Report by the Board of Statement 8 Directors 34 Annual General Meeting 9 Consolidated financial Shareholders' statements 77 Nomination Board 10 Parent company's The Board of Directors 12 financial statements 143 The President and CEO Dividend proposals, signatures and operative management 18 for the Board of Directors' report and Financial Internal control and risk Statement and Auditor's note 157 management 21 Auditor's report 158 Related-party transactions 24 Insider administration 25 Auditors 26 Remuneration Remuneration report 27 FINANCIAL REVIEW 2020 2 TIETOEVRY 2020 GOVERNANCE AND REMUNERATION FINANCIALS TietoEVRY 2020 CEO review 4 FINANCIAL REVIEW 2020 3 TIETOEVRY 2020 GOVERNANCE AND REMUNERATION FINANCIALS CEO REVIEW 2020: The year of integration - building a foundation for the future 2020 will stand out as one of the most unusual years ever. Extraordinary circumstances brought by the global pandemic led us to reassess our values and priorities on both an individual and organizational level. Employee safety and the continuity of customers’ operations have been the leading themes for us at TietoEVRY during a time when some 96% of our 24 000 employees globally have worked remotely. Simultaneously, we have been taking the first steps on our journey as a strong integrated company, aiming to create digital advantage for businesses and societies. Progress impacted by our digital platforms and core processes, as integration and Covid-19 well as started to build a unified company We started the operational and cultural culture and renewed identity.
    [Show full text]
  • Information Technology
    Industry overview Information technology ear Reader, favorable geographic position, vast D It is my great pleasure to introduce you A consumer market, ample resources to our new publication about attractive sec- and high level of education – all these fac- tors of Ukraine, made in partnership with tors ensure great investment potential for Deloitte. the economy of Ukraine. We developed these brochures to make in- At present, Ukrainian market is at the devel- formation about sectors of Ukraine acces- opment stage. There are many niches and sible and easy to understand. The booklets opportunities for introducing new players provide analysis of economic attractiveness, and strengthening the positions of existing as well as comparative characteristics and ones. However, most of Ukraine’s indus- undiscovered opportunities. tries lack investments, though international investors are highly interested in them. We Ukraine enjoys a long industrial tradition, ro- believe that foreign investments will be very bust transportation and technical infrastruc- successful and promote economic growth if ture, rich natural resources, strong second- a favorable investment climate is created in ary and tertiary education, a broad network Ukraine. of research and development institutes, and a large pool of technically skilled labor. As a To assist you in determining the most prom- WTO member since 2008 and having signed ising areas to invest in and get an insight International Agreements for the Avoid- into Ukrainian market, Deloitte experts in ance of Double Taxation with 63 countries, cooperation with InvestUkraine have con- Ukraine is a fair player in the business world, ducted this research. a transparent and predictable partner.
    [Show full text]
  • Joining Forces for Digital Advantage Worldreginfo - 658D43b0-7237-40Ba-908D-B0e61efdcefe Tieto and EVRY 2019 Digital Advantage Governance Financials Sustainability
    Annual Report 2019 Joining forces for digital advantage WorldReginfo - 658d43b0-7237-40ba-908d-b0e61efdcefe Tieto and EVRY 2019 Digital advantage Governance Financials Sustainability Brighter With TietoEVRY’s expertise, new technologies and data, we empower the development of sustainable businesses and the society. future. TietoEVRY is a leading digital services communities of technology and business and software company. We create digital professionals in the Nordics, and we employ advantage for businesses and society, with approximately 24 000 experts globally. local presence and global capabilities. Our Together. Nordic values and heritage steer our success. We have a strong local presence with a leading market position in digital With deep insight comprising customers’ services in Sweden, Norway and Finland. culture, strategic and business drivers With annual revenue of approximately TietoEVRY provides fit-for-purpose EUR 3 billion, TietoEVRY serves solutions for customers to increase their customers in over 90 countries. business agility, growth and innovation. Formed from the merger of Tieto Read more on the and EVRY, we are one of the largest merger Annual report 2019 2 WorldReginfo - 658d43b0-7237-40ba-908d-b0e61efdcefe Tieto and EVRY 2019 Digital advantage Governance Financials Sustainability Facts & figures (End of December 2019) FULL NAME: TIETOEVRY CORPORATION NUMBER OF COMPANY FOUNDED IN 2019 OPERATING COUNTRIES HEADQUARTERS IN ESPOO, FINLAND LISTED ON NASDAQ OMX IN HELSINKI AND STOCKHOLM, OSLO BØRS TOTAL EQUITY: EUR 1 691.7 MILLION 90+ TOTAL LIABILITIES: EUR 2 167.5 MILLION REVENUE, MEUR FULL TIME EMPLOYEES 2 951 Based on stand-alone full-year financial information *Total23 number of employees 996* for TietoEVRY. for Tieto and EVRY in 2019 (55% from Tieto and 45% from EVRY).
    [Show full text]
  • CEE IT Outsourcing Review 2010
    Introduction ‘Central and Eastern Europe IT Outsourcing Review’ is a research project undertaken annually by the Central and Eastern European Outsourcing Association (CEEOA, www.ceeoa.org) since 2007. The main objectives of the research are to provide impartial and varied perspectives on the state of the market for IT outsourcing services in the CEE region; to provide potential clients with all the information needed to make decisions about outsourcing activities to the region; and to lower the barriers for entry into the CEE outsourcing services market. This year’s ‘CEE IT Outsourcing Review 2010’ was managed by the Ukrainian Hi-Tech Initiative (www.hi- tech.org.ua) with the support of other national outsourcing and software development associations from the Central and Eastern European (CEE) region, as well as CEEOA members. As part of the project a catalogue of IT outsourcing services providers in Central and Eastern Europe (ITOlist), located at www.itolist.eu, was created. The primary objective of the ITOlist.eu catalogue is to create an easy to search permanent, annually updated, regional catalogue of companies providing IT outsourcing services in the CEE region. Currently, the ITOlist.eu catalogue contains information on more than 200 companies. Visitors to the site can search companies on the list by four criteria, as well as by more than 250 technical and business categories in the advanced search field. Key Conclusions In 2009, the software development and IT outsourcing services provider industry in Central and Eastern Europe successfully overcame all of the challenges of the recession of 2008 and resumed its previous trajectory of growth.
    [Show full text]
  • Q4 2006 Report, 189 KB
    Q4 2006 In the fourth quarter of 2006, Telenor’s revenues amounted to NOK 24.5 billion, which was an increase of 30% compared to the fourth quarter of 2005. Profi t before taxes was NOK 5.9 billion. Contents COMMENTS Overview 1 TELENOR’S OPERATIONS 2 Nordic Mobile Operations 2 Central Eastern European Operations 3 Asian Operations 4 Fixed 6 Broadcast 7 Other Units 8 Other Profi t and Loss Items for the Group 8 Outlook for 2007 9 TABLES Profi t and Loss Statement 10 Balance Sheet 11 Consolidated Statement of Changes in Equity 12 Cash Flow Statement 13 Analytical Information 14 The Operations 17 Special Items 18 Reconciliations 19 Specifi cation of Depreciation and Amortization 19 Defi nitions 20 3 Record high subscription growth HIGHLIGHTS FOURTH QUARTER 2006: • Revenue growth of 30% – underlying growth of 11% • 10 million new mobile subscriptions • EBITDA margin of 33% • Proposed dividend per share of NOK 2.50 for 2006 “2006 has been an outstanding year with high growth in revenues and profits, significantly improving our operating cash flow. The number of subscriptions in our mobile operations increased by more than 30 million, reaching 115 million. I’m proud to see that our consistent strategy of investing in emerging markets combined with a strengthened position in the Nordic has led to such strong results. Building on this strong position, we expect the high underlying growth to continue in 2007. We have had another quarter of record-high subscription growth, mainly driven by impressive net additions in Kyivstar and Telenor Pakistan. Operationally and financially our mobile operations have President and CEO performed very well.
    [Show full text]
  • IT Operations | Infrastructure Monitoring | Download Brochure
    INTELLIGENT – EFFICIENT – COMPETITIVE SOLUTIONS FOR YOUR IT OPERATIONS Monitoring Services Application & Infrastructure Virtualization, Databases Management Server & Storage & Services Desktop Backup Telecom Network Network Management Services INTEGRATED SOLUTIONS WE ARE EXCELLENT AT FOR YOUR IT OPERATIONS The Solutions for Your Needs We provide variety of services to create personalized solutions Identifying your goals and together developing our plan that en- for your needs, covering areas from infrastructure support up to sures those goals are met, we are delivering flexible custom-tailored application maintenance. IT solutions and services that meet your unique client requirements. We Enable Solutions for Lifecycle Support We are experts at using frameworks (tools, resources, HOW WE WORK methodology) to manage and support our services for you – from design to operation. Build We Provide Complete IT Services Understand Custom Deliver Demand Services We are strong both in software development and infrastructure Solution management to create integrated solutions with more than 10 years of practical experience. With about 300 IT engineers on the board and 5 delivery in more than 40 technical domains and 25 service areas are offices in Ukraine, Infopulse operates one of the largest IT ready to take your IT systems in operation and organize effective Operations outsourcing center in Ukraine delivering its services users support, support of software and hardware. to the largest European banks, telecoms and governmental institutions – with success since 2007. We can take care Infopulse Ukraine is a part of Nordic IT-group EVRY (with of securing reliability and faultlessness of your whole IT more than 40 years of experience in IT operations business and infrastructure – 24 hours a day, 365 days a year.
    [Show full text]
  • ICT in Education, Research and Industrial Applications: Integration, Harmonization and Knowledge Transfer
    Vadim Ermolayev, Heinrich C. Mayr, Mykola Nikitchenko, Aleksander Spivakovsky, Grygoriy Zholtkevych, Mikhail Zavileysky, and Vitaliy Kobets (Eds.) ICT in Education, Research and Industrial Applications: Integration, Harmonization and Knowledge Transfer Proceedings of the 8-th International Conference ICTERI 2012 Kherson, Ukraine June, 2012 Copyright © 2012 for the individual papers by the papers’ authors. Copying permitted only for private and academic purposes. This volume is published and copyrighted by its editors. Preface ICTERI is concerned with interrelated topics from infrastructure to education of ICT that are vibrant for both, the research and the industrial community. With pleasure we present you the selected papers of ICTERI 2012, the eighth edition of the International Conference on Information and Communication Technologies (ICT) in Education, Research, and Industrial Applications: Integration, Harmonization, and Knowledge Transfer, held at Kherson, Ukraine on June 6-10, 2012. The conference scope was outlined as a constellation of the following themes: ICT infrastructures, integration and interoperability Machine Intelligence, knowledge engineering (KE), and knowledge management (KM) for ICT Cooperation between academia and industry in ICT Model-based software system development Methodological and didactical aspects of teaching ICT and using ICT in education Those topics were grouped in two tracks: (1) ICT in research, industrial deployment, and knowledge transfer; and (2) Methodological and didactical aspects of teaching ICT and using ICT in education. A visit to Google Analytics proves the broad interest in the ICTERI themes. Indeed, between November 15, 2011 and May 15, 2012 we have received almost 3 000 visits to the conference web site from 71 countries (302 cities). Most prominently, the proportion of visits originating from search engine queries was growing constantly – indicating the growing interest to ICTERI 2012.
    [Show full text]
  • Annual Report 2014 About EVRY
    Annual report 2014 About EVRY EVRY is one of the leading IT companies in the Nordic countries, with a strong local and regional presence in 50 Nordic towns and cities. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength. Contents Introduction 4 Letter from the CEO 4 Strategy 6 Our business 8 EVRY Norway 9 EVRY Sweden 12 EVRY Financial Services 15 Corporate Social Resposibility 18 Key figures 20 From the Boardroom 24 Executive Management 24 The Board of Directors 26 Corporate Governance 28 Report from the Board of Directors 2014 36 Statement by the Board of Directors and CEO 46 Annual accounts and notes 48 Annual Accounts Group 50 Annual Accounts EVRY ASA 96 Auditor's report 106 4 Introduction EVRY's strategy for Nordic leadership According to the World Economic Forum, ICT is the most important driver for economic growth, and the Nordic countries are at the top of the list for adopting new technology. EVRY has a key role to play in this. 2014 saw the start of a strategic process to drive EVRY towards its objective of being a leading supplier of innovative IT services in the Nordic market. EVRY plays an important role in society as a whole through A proactive company the scale and significance of the services it provides to Nordic Following the merger of ErgoGroup and EDB in 2010, EVRY business and industry and to public sector entities in the cen- announced a strategy for Nordic leadership with three tral government, local government and health sectors.
    [Show full text]
  • Country Profile 2015
    American Chamber of Commerce in Ukraine 4,6 18 ,1 ,5 10 8 , 7 COUNTRY 1 7 5 , , 9 7 PROFILE UKRAINE AT A GLANCE 3 , 6 2015 1 1 , 5 9 , 6 9 , 8 Uniting Leading Companies from over 50 Nations across the Globe 2 www.chamber.ua www.chamber.ua Dear Chamber Members, The past twelve months have seen changes and challenges in Ukraine that few could have foreseen. As the incoming Board Chair, I am proud of the work of the Chamber to support our Member Companies through these difficult times. At this key point in Ukraine’s development we are ready to work with the Ukrainian Government and its people as they develop on a path of closer European integration, embracing reforms that are the hallmark of successful market economies. The Chamber and its Board of Directors remain focused on the supporting our Members during the challenges that lay ahead in 2015. Over the past year, the Chamber maintained an effective dialog between the business community and the Government of Ukraine despite the rapid changes. The Chamber worked diligently to provide our members with relevant information, high level en- gagement, and access to key decision makers. Our Committees and Working Groups continued to push for the comprehensive eco- nomic reform that Ukraine urgently needs in order to attract and retain much needed domestic and foreign investment. On behalf of the Board of Directors, I would like to express our grat- Graham Tiley, itude for the support and involvement of every one of our Member Chairman of the Chamber Companies.
    [Show full text]
  • UKRAINIAN IT SERVICES and PRODUCTS EXPORT MARKET RESEARCH’2003 Summary of Key Findings
    UKRAINIAN IT SERVICES AND PRODUCTS EXPORT MARKET RESEARCH’2003 Summary of key findings By request of the AVentures company (September – November 2003) Distributor in Finland, Russia and the Baltic Countries Ukrainian IT Services and Products Export Market Research’2003 2 CONTENTS № PAGES Introduction 5 Goals and methods of conducting research 5 Structure of respondents 5 Executive Summary 8 1. Analysis of Ukrainian IT services and products export market 10 1.1. Volume of Ukrainian IT-services and products export market 10 1.2. Structure of Ukrainian providers of IT services and products for export 11 1.3. Business models and status of Department on export-oriented IT-development 11 1.4. The number of suppliers and software developers 14 1.5. Key regions 17 1.5. Key competitors 18 1.6. Market trends 19 2. Ukrainian IT services and products exporters characteristics 21 2.1. Companies turnovers in 2002 and dynamics up to 2005 21 2.2. Companies’ certifications 23 2.3. Demand of services and solutions 25 2.4. Platforms and development tools 27 3. The strategies of software exporters 29 3.1. The orientation in export of IT products and services 29 3.2. Channels and methods of IT services and products promotion 31 4. Information about participating Ukrainian IT companies 34 4.1. Expert Group 34 4.2. Sponsors and business unions 35 4.3. Research participants 47 Ukrainian IT Services and Products Export Market Research’2003 3 LIST OF PICTURES № PAGES Picture 1. Respondents structure by number of employees 6 Picture 2. Respondents structure by years of foundation 6 Picture 3.
    [Show full text]
  • QS Global 200 Business Schools Report 2012
    QS Global 200 Business Schools Report 2012 By Nunzio Quacquarelli MA Cambridge, MBA Wharton 2 Contents 1. Summary: fast facts ...................................................................5 2. Introduction ................................................................................ 7 3. Methodology ..............................................................................9 4. Methodology: sample .............................................................. 11 REGIONAL RATINGS 5. North America ......................................................................... 12 3 6. Europe ....................................................................................... 16 7. Asia-Pacific ...............................................................................19 8. Latin America ........................................................................... 23 9. Middle East and Africa ...........................................................25 SPECIALIZATION RATINGS 8. Corporate social responsibility .............................................. 26 9. Entrepreneurship ..................................................................... 29 10. Finance ...................................................................................... 32 11. Information management ....................................................... 35 12. Innovation ................................................................................ 38 13. International management ..................................................... 41 14. Leadership
    [Show full text]
  • Innovation Performance Review Ukraine
    United Nations Economic Commission for Europe INNOVATION PERFORMANCE REVIEW OF UKRAINE UNITED NATIONS New York and Geneva, 2013 NOTE The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries. This volume is issued in English and Russian only. ECE/CECI/16 Copyright © United Nations, 2013 All right reserved Printed at United Nations, Geneva (Switzerland) UNITED NATIONS PUBLICATIONS eISBN 978-92-1-056170-9 Innovation Performance Review of Ukraine iii FOREWORD In modern, competitive economies, knowledge-based innovation is the foundation for economic development. Sustained growth and improved living standards can only be obtained by increasing productivity and introducing new and better products and services that compete successfully in the global market. The Innovation Performance Review of Ukraine continues the series of national assessments of innovation policies initiated by the earlier Reviews of Belarus and Kazakhstan. These policy advisory exercises draw on the experience accumulated by the UNECE in the identification of good practices and policy lessons in the area of knowledge-based development, with particular reference to the problems of countries with economies in transition. This Review presents the outcomes of an advisory project undertaken at the request of the Government of Ukraine. It aims to provide a set of recommendations and policy options to stimulate innovation activity in the country, enhance its innovation capacity and improve the overall efficiency of the national innovation system.
    [Show full text]