КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ

Introduction. The functioning of Ukraine’s national innovation systemhas provided significant opportunities to enhance its effectiveness through the commercialization of priority innovative developments with the highest level of readiness generated by the National Academy of Sciences of Ukraine (NAS...

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Science and Innovation
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description Introduction. The functioning of Ukraine’s national innovation systemhas provided significant opportunities to enhance its effectiveness through the commercialization of priority innovative developments with the highest level of readiness generated by the National Academy of Sciences of Ukraine (NASU).Problem Statement. Research on innovative developments has addressed critical issues related to expanding the activities of academic research institutions in the commercialization of their research and development (R&D) results.Purpose. This study has aimed to substantiate the potential for improving Ukraine’s national innovation system through the commercialization of priority innovative developments produced by NASU.Materials and Methods. The study has relied on statistical data, publications by Ukrainian and international scholars, and reports of international organizations. Monographic, analytical, and comparative methods based on socio-economic and statistical analysis have been applied.Results. The study has characterized NASU’s innovation developments that are ready for practical implementation, using a methodology for preparing R&D commercialization projects developed by the Institute for Economics and Forecasting of NASU. The portfolio of prospective developments has been classified by fields of activity.Conclusions. To overcome Ukraine’s limited experience in prioritizing, commercializing, and economically justifying innovative projects — as well as in assessing the effects of industrial scaling and providing patent protection for intellectual property rights — the participation of NASU institutes in R&D commercialization has been expanded. A practical instrument for this process has been the methodology developed by the Institute for Economics and Forecasting of NASU. This approach has contributed to strengthening Ukraine’s innovation system, particularly through the launch of various forms of academic startups.
doi_str_mv 10.15407/scine22.03.003
first_indexed 2026-06-18T01:01:15Z
format Article
fulltext 3 © Publisher PH “Akademperiodyka” of the NAS of Ukraine, 2026. Th is is an open access article under the CC BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0/) ISSN 2409-9066. Sci. innov. 2026. 22(3) Citat ion: Heyets, V. M. (2026). Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine as Part of the National Innovation System. Sci. innov., 22(3), 03—22. https://doi.org/10.15407/scine22.03.003 Introduction. Th e functioning of Ukraine’s national innovation system has provided signifi cant oppor- tunities to enhance its eff ectiveness through the commercialization of priority innovative developments with the highest level of readiness generated by the National Academy of Sciences of Ukraine (NASU). Problem Statement. Research on innovative developments has addressed critical issues related to expanding the activities of academic research institutions in the commercialization of their research and development (R&D) results. Purpose. Th is study has aimed to substantiate the potential for improving Ukraine’s national innova- tion system through the commercialization of priority innovative developments produced by NASU. Materials and Methods. Th e study has relied on statistical data, publications by Ukrainian and in- ternational scholars, and reports of international organizations. Monographic, analytical, and com- parative methods based on socio-economic and statistical analysis have been applied. Results. Th e study has characterized NASU’s innovation developments that are ready for practical implementation, using a methodology for preparing R&D commercialization projects developed by the Institute for Economics and Forecasting of NASU. Th e portfolio of prospective developments has been classifi ed by fi elds of activity. Conclusions. To overcome Ukraine’s limited experience in prioritizing, commercializing, and economi- cally justifying innovative projects — as well as in assessing the eff ects of industrial scaling and providing COMMERCIALIZATION AND PRIORITIZATION OF INNOVATIVE DEVELOPMENTS BY THE NATIONAL ACADEMY OF SCIENCES OF UKRAINE AS PART OF THE NATIONAL INNOVATION SYSTEM https://doi.org/10.15407/scine22.03.003 HEYETS, V. M. (https://orcid.org/0000-0002-2895-6114) State Organization “Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine,” 26, Panasa Myrnoho St., Kyiv, 01011, Ukraine, +380 44 280 1234, gvm@ief.org.ua GENERAL PROBLEMS OF THE MODERN RESEARCH AND INNOVATION POLICY 4 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. patent protection for intellectual property rights — the participation of NASU institutes in R&D commercialization has been expanded. A practical instrument for this process has been the methodology developed by the Institute for Economics and Forecasting of NASU. Th is approach has contributed to strengthening Ukraine’s innovation system, particularly through the launch of various forms of academic startups. Keywords: economic and innovative activities, transformation, prioritization of innovative developments, market, com- mercialization, hemostatic agents, wound healing agents, economic and social effi ciency. NOTES ON UNDERSTANDING THE ORIGINS OF THE PROBLEM Transformational changes in Ukraine’s economic activity, driven by the formation of market rela- tions, necessitated changes in the ways the results of scholarly research are utilized to support inno- vation-driven economic development. In particu- lar, these changes required expanding the commer- cialization-oriented interaction between science and business. The transformational shifts in Ukraine during the 1990s and the first decade of the twenty-first century led to the recognition by the European Union in 2005 and by the United States in 2006 that Ukraine had established a market-oriented economy. Accordingly, economic activity — wi- thin which innovation is a fundamental driver — faced the task of ensuring the successful moder- nization of the economy on this basis, since the outcomes of transformation merely “create pre- conditions for economic growth.” During this pe- riod, Ukraine’s economic activity exhibited signs of deindustrialization, characterized, on the one hand, by an increased role of agricultural produc- tion and, on the other, by a decline in output, pri- marily in manufacturing, which constitutes the foundation for innovation-driven development. Ukraine’s economy began to function as a small open economy with an exceptionally high degree of dependence on foreign trade. This trade is lar gely based on a model of resource and commodi ty ex- change with a relatively low share of value added embodied in technology, equipment, and trans- port machinery. In qualitative terms, this mo del characterizes Ukraine’s economy as an appen dage to the external world and reflects a technolo gi cal- ly dependent, exogenous pattern of development. Consequently, innovation activity also faced the task of adapting to these new conditions, using the accumulated innovation potential to ensure the functioning of the national R&D system — particularly in sectors associated with high-tech- nology nuclear energy, information and commu- nication technologies, aviation and rocket-space industries, selected branches of mechanical engi- neering, and the chemical industry. The presence in Ukraine of the aforementioned high-technology activities — whose prospects re- main significant — necessitates, on the one hand, the identification of strategic priority areas and fu- ture directions for science and technology deve- lopment through Ukrainian R&D and techno lo gy foresight, and, on the other hand, the commer cia- lization of already accumulated priority national developments. When deployed, these de velop- ments exhibit a high degree of technolo gical ma- turity and strong potential for success in both na- tional and global markets. Under the conditions of the new reality, given the preservation of Ukraine’s innovation potential and the accumulation of innovation-oriented develop- ments across a broad range of activities, there exists an opportunity to ensure several key prerequisites for implementing Walt Whitman Rostow’s stage model of economic growth. This can be achieved on the basis of historically conditio ned life skills and a population with globally competitive levels of edu- cation. To this end, it is also necessary to employ the principles of the “deve lopmental state,” which al- locates resources and exercises regulation and go- vernance in the sphe res of science and education. There is also an opportunity, through mecha- nisms of commercialization and the prioritization 5ISSN 2409-9066. Sci. innov. 2026. 22(3) Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine of structural changes in research and development, to prepare and implement innovation-attractive projects, including those involving the National Academy of Sciences of Ukraine, within the fra- mework of the State Medium-Term Priority Pub- lic Investment Plan for 2026—2028. This paper has identified high-technology equip- ment and technologies ready for deployment — developed, in particular, within the National Aca- demy of Sciences of Ukraine — and demonstrated, by way of examples, the feasibility of implemen- ting a number of high-technology projects. The analysis includes assessments of effectiveness and efficiency, including social impact, and considers projects that may take the form of startups estab- lished within institutes of the Academy. These ini- tiatives span such fields as non-ferrous metallur- gy, mechanical engineering, energy and energy efficiency, as well as medicine. ECONOMIC AND INNOVATION ACTIVITY IN THE TRANSFORMATIONAL CHANGES OF THE LATE TWENTIETH AND EARLY TWENTY-FIRST CENTURIES Ukraine’s experience in building a market econo- my in the 1990s, as a result of transformational changes of global scale that had no direct histori- cal analogues, culminated — by the first decade of the twenty-first century — in recognition that the objective had been achieved: the centrally planned allocation system in economic activity had been replaced by a market-oriented system [1]. In historical retrospect, such systems proved capab- le, throughout the twentieth century, of suppor- ting economic growth and improving living stan- dards in many countries. Achieving this objective should have indicated the presence of conditions and factors conducive to Ukraine’s further development on a sustainable basis. At the same time, the subsequent content and character of economic activity — one of the key components in forming the foundation for economic growth — demonstrated that a number of difficulties characteristic of the previous system remained unresolved. Moreover, the transition pro- cess generated new challenges, rooted in both en- dogenous and exogenous factors. Among the changes initiated and implemented du ring the transformation process, a dominant ori en tation emerged toward the so-called private- en terprise development strategy. This approach — con sidered, among other contexts, particularly eff ec tive for developing countries [2, 3] — enab- led a number of economies, especially in East Asia, to achieve successful economic moderniza- tion and sustained growth, thereby narrowing the gap with the highly developed countries of the Western world. In the 1950s, Walt Whitman Rostow developed the stages-of-growth theory, which posits that eco- nomic development proceeds through five stages. Of particular relevance to Ukraine is the stage de- scribed as the “preconditions for take-off,” associa- ted in part with the transition from a “traditional society” to a transitional society dominated by industrial forms of activity. Such a condition may be regarded as necessary. In Ukraine, however, on the eve of transformational change, the charac- teristics of a “traditional society,” as distinguished by Rostow, had already been transcended: by the 1990s, economic activity in Ukraine was groun- ded in an industrial structure encompassing both economic and innovation activity. This indicates that the necessary preconditions for economic ta ke- off were already present. For Ukraine, other conditions identified in Ros- tow’s theory were critically important but did not receive adequate attention. According to Rostow, these conditions include historically conditioned patterns of everyday life, in which social and cul- tural components play an essential role, as well as political factors — particularly the place and role of the state in the system of economic governance. Regarding the latter, history provides numerous examples of both successful and unsuccessful sta- te intervention in economic management. In some cases, success has been associated with a predomi- nance of regulatory functions, while in others, ef- fective outcomes have been achieved through 6 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. mo dels of the so-called “developmental state,” a con cept elaborated by Chalmers Johnson [5]. In this study, we do not address our research findings concerning the extent and practical mo- dalities of state intervention in economic activity. Within the scope of the present topic, it is more important to examine other components related to the assessment of key factors that determine growth on an innovation basis — factors that are identified as fundamental in Walt Whitman Ros- tow’s theory. These include the interdependence and interaction of the conditions and drivers of modernization and development. In this context, attention is paid to the interconnectedness, on the one hand, of technological change driven by scientific advances and, on the other, of transfor- mations in the economy and economic activity resulting from business activity and its participa- tion in, and co-participation with, innovation de- velopment and deployment. Growth theory further posits that successful economic modernization and sustained growth occur when innovation activity characterizes a broad spectrum of business operations. This inclu- des firms engaged in production as well as those capable of independently generating innovations, both within large enterprises and — especially — within small and medium-sized innovation-orien- ted firms, which are widely regarded as particu- larly well suited to pioneering innovation at the technological frontier [6]. Because the present ana- lysis concerns the application of pioneering in- novations derived from fundamental research — particularly that conducted within the National Academy of Sciences of Ukraine — prioritizing their deployment through such channels can sig- nificantly strengthen the national innovation sys- tem under market conditions. Innovation activity, in which the state and its ins- titutions play a substantial role, includes a mar ket- organized component, as do other forms of eco- nomic activity. This implies the presence of both supply and demand, including in relation to inno- vation. Supply arises from the functioning of the innovation system and results in a portfolio of de- velopments that, when deployed, can enhance the efficiency and competitiveness of economic activity. Demand for innovation emerges within the process of economic activity itself, primarily as a means of increasing labor productivity and generating profit. Effective interaction between scholarly research and innovation-adopting businesses requires a struc tured and substantive framework of coope- ration. Such cooperation can and should occur, inter alia, with state participation. The state is ca- pable of assessing existing and emerging demand within the economy as a whole and within indi- vidual enterprises — including those in traditional and strategically important sectors developed in Ukraine — while also influencing the formation of supply from academic and educational institutions in line with national strategic interests, where the sta te plays a key coordinating role. In strategic terms, reliance on purely market-based principles in this sphere has often proven insufficient, as evidenced by numerous well-documented market failures. This study addresses innovations that encom- pass productive activity, in which the manufactu- ring sector plays a primary role in shaping demand. In Ukraine, during the first decade of independen- ce, this sector experienced large-scale structural problems. Between 1990 and 1999, the share of ma- chine building and metalworking output — one of the key components of manufacturing and, ac- cordingly, of the development of a high-technolo- gy material infrastructure — declined from 30.7% to 13.8%. At the same time, the combined share of fuel-energy and metallurgical production increa sed to 53.7% in 1999, compared with 21.0% in 1990. Overall, economic activity in Ukraine during the 1990s exhibited features of structural simplifica- tion. The share of agriculture and related activities increased substantially. According to Walt Whit- man Rostow’s stage theory of economic growth, such structural shifts may be interpreted as a par- tial regression from the industrial stage toward a more traditional stage of development, reinforced by a regression in the structure of capital invest- ment. In particular, the share of capital investment in machine building and the chemical industry — 7ISSN 2409-9066. Sci. innov. 2026. 22(3) Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine sectors that generate advanced economic transfor- mation based on innovation — declined to 9.2% in 1999 from 34.9% in 1990. A more than three- fold decrease in the share of investment in high- technology activities contributed to a long-term slowdown in innovation processes [7]. At the sa- me time, the scale of contraction and the impera- tive of economic modernization and develop- ment — objectives that do not always coincide in practice — should, in principle, have generated stable demand for innovation. Under the previous economic system, such de- mand was met primarily through the activities of research institutions, including academic institutes and sector-specific research organizations finan ced largely from the state budget. During the period of transformation, these institutions were compel- led to change the nature of their activities and seek commercialization opportunities against the back- drop of declining demand for innovation caused by economic contraction. Under conditions of com- pressed demand and limited state resources — particularly financial resources — the supply side of the national innovation system also contracted. In such circumstances, the capacity to generate innovations as supply for markets in which demand for innovation exists is determined primarily by in- stitutional conditions defined in the Law of Ukraine “On Priority Areas of Innovation Activity in Ukrai- ne” [8]. The successful implementation of these prio rities depends on the readiness of individuals and society as a whole to generate innovation, which in turn is shaped by educational, cultural, so- cial, and psychological factors characteristic of Ukraine. Taken together, these factors constitute a potential foundation enabling innovation activity, particularly as Ukraine pursues its strategic course toward integration with the European Union. The development and realization of this stra- tegic trajectory — including the achievement of innovation-driven economic growth — necessi- tate, first and foremost, consideration of the mo- dernization experience of Central and Eastern European economies [9], as well as an assessment of the appropriate balance between the utilization of domestic scholarly research and the importa- tion of technologies [10]. Ideally, at the initial stage of economic take-off, both the intensity of technology imports and the creation of domestic technologies based on na- tional scholarly research remain relatively low. By the final, fourth stage, however, the internal ac- cumulation of knowledge and innovation should become dominant, reflecting a state in which a country advances along a trajectory consistent with globally recognized levels of achievement. Under conditions of extreme economic open- ness — characteristic, in particular, of Ukraine — the second and, especially, the third stages in the ba lance between technology imports (and the equip ment embodying them) and the utilization of domestically generated innovations become cri- tically important. Historically, the dominance of imported equipment and technologies did not re- solve the challenges of achieving sustained eco- nomic growth and productivity gains sufficient to converge with the development levels of advanced economies. At the same time, it would be incor- rect to deny that the path of industrialization pur- sued by the former Soviet Union — and, conse- quently, Ukraine — achieved a relatively high le vel of industrial development, partly through the ex- tensive use of imported technologies of exogenous origin, which contributed to socio-economic prog- ress. As Peter L. Berger observed, modern techno- logy possesses an autonomous transformative force that affects virtually any socio-economic environ- ment; consequently, the introduction of new tech- nologies tends to generate improvements in ma- terial living conditions, including rising living standards and increased life expectancy. On the eve of the transformational changes in Ukraine’s economy, its productive capacity exhibi- ted a distinctly industrial character. Our analysis of data aggregated from the early twentieth century — covering the pre-revolutionary Russian Em pire, of which Ukraine formed a part, as well as the period of the former Soviet Union and the years of Ukraine’s independence — indicates the following structural features. In 1913, machinery and equipment ac- 8 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. counted for only 0.3% of exports from Russia, while imports of such goods reached 15.9%. On the eve of the World War II, exports of machinery and equip- ment in the Soviet Union ro se to 5.0%, whereas im- ports exceeded one-third (34.5%). In the postwar period, particularly in 1970, exports of machinery, equipment, and transport vehicles reached their highest share at 21.5%, yet imports surpassed this figure by 14.1 percentage points, reaching 35.6%. By 1985, the export share had declined to 13.9%, while the share of imports of machinery, equipment, and transport vehicles continued to increase. The Soviet Union — and, with it, Ukraine — thus developed an export–import pattern approximating a “re- sources in exchan ge for machinery, technologies, and transport equipment” model [11—13]. With respect to Ukraine, a dependence of a si- milar nature has persisted. In 1989, imports of ma- chinery and equipment exceeded exports by near- ly 10 percentage points. Over time, this imbalance remained: by 2016, the export share of machinery and equipment had declined to about 10%, while imports reached 20.1%, indicating continued im- port dependence despite the sharp contraction of economic activity during the 1990s associated with transformational change and GDP decline. The resumption of economic growth after 2005— 2006 — when Ukraine’s economy was internatio- nally recognized as market-based — did not alter the pattern of technological dependence; on the contrary, it significantly reinforced it. By 2016, agricultural, forestry, and fisheries pro- ducts, together with food industry outputs, ac- counted for 41.4% of exports, while ores, ferrous metals, and related products maintained a substan- tial share of 27.2%. Combined, these categories constituted nearly 70% of total exports, clearly demonstrating the persistence of the earlier export– import model. In essence, the economy continued to function largely as a resource appendage to ex- ternal markets, while remaining technologically dependent on imports of machinery, equipment, chemical products, and related industrial outputs. The combined share of these imports reached 34.5% in 2016 [14—16]. By its structural characteristics, Ukraine’s eco- nomy can be classified as a small open economy, with exports and imports together accounting for up to — or exceeding — 90% of GDP. This structu- re assigns a critically important role to exogenous factors, including foreign investment and the country’s capacity to attract it. Research by Raj neesh Narula and Hervé Guimon, particularly regar- ding Eastern European countries, indicates that these economies face limited prospects for attrac- ting foreign direct investment (FDI) capable of ge- nerating competitive new sectors; such cases re- main rare exceptions, often shaped by contingent circumstances rather than systematic, economy- wide experimentation with new ideas [17]. Their findings suggest that, in Ukraine’s case — given the presence of advanced capabilities in ro cket and space technologies, aircraft manufacturing, nuclear energy, selected branches of mechanical engineering, and accumulated innovation out- puts — there is a clear need to prioritize endoge- nous innovation activity. Leveraging domestic scholarly research and technological developments to foster new competitive industries should form the foundation for technological modernization of Ukrainian industry. This approach should pri- marily rely on national investment and an appro- priate investment policy, while not excluding — and indeed encouraging — the attraction of foreign investment across a broad spectrum of high-tech- nology activities present in Ukraine. Ukraine’s experience in the ICT sector already confirms the effectiveness of such a strategy and supports its further expansion. Ukraine currently possesses a population with world-class educational attainment that has de- monstrated its capacity — even under wartime conditions — to organize small and medium-sized innovative enterprises and establish the production of aerial systems that meet global standards of com- petitiveness and are suitable for contempora ry war- fare. This achievement is, on the one hand, the re- sult of demand generated by the war. On the other hand, success in this area has been ensured by mo- bilizing Ukraine’s accumulated scho larly research, 9ISSN 2409-9066. Sci. innov. 2026. 22(3) Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine experimental design, and enginee ring capabilities to form an effective supply res ponse. This capacity has been realized on the basis of pre viously deve- loped rocket and space technologies and a strong aviation industry, which was capable of producing the world’s largest competitive transport aircraft. Additional opportunities of a similar nature exist and further illustrate the successful realization of Ukraine’s world-class potential, particularly in the development of information and communication technologies (ICT). By their performance charac- teristics and export scale, Ukraine’s ICT services sector already ranks among the world’s top ten count ries in this domain. These examples demonst- rate that Ukraine possesses substantial potential for economic growth based on innovation. At the same time, Ukraine ranked 66th in the 2025 Glo- bal Innovation Index, while Estonia ranked 16th, owing to effective digital governance, startup eco- system development, and sustained investment in education [18]. This comparison underscores the need for systemic improvements in innovation policy and practice. In Ukraine, “…the weak side (referring to inno- vation activity) is partly associated with a narrow understanding of innovation, particularly from the perspective of public policy … rather than with the diffusion of innovation as a means of sustain- able development. Such a perception overlooks a major share of the innovation potential” [19] al- ready accumulated in the country and, according- ly, the issue of its commercialization. This prob- lem will be examined in subsection 2 of this study. In the research works of Slavo Radosevic on the functioning of innovation systems, it is noted that “…the main share of innovation potential in the sub-region (which includes Ukraine — V.H.) lies outside this narrow approach, in areas such as improvements in productive capabilities, techno- logical design, business models, or platform ca- pacity. A platform generates demand and supply for new types of activities” [9]. It should be em- phasized that Ukraine is currently developing the conditions necessary to apply a platform-based ideo logy for economic recovery on an innovation- driven basis, thereby creating opportunities to expand both demand and supply, including for new types of economic activities. According to experts of the United Nations Eco- nomic Commission for Europe, the majority of innovations emerge through the use of existing ideas, business models, and technologies that are adapted and modified as needed [19, p. 9]. At pre- sent, a new initiative in this direction for Ukraine is the establishment, according to available data, of eleven specialized platforms whose combined scope and functions can — and should — be integ- rated into a single Economic Reconstruction Plat- form for Ukraine (its structure and components are presented in Table 1 below). Platforms of the above scale are the most syste- mically organized and, at present, the most comp- rehensively developed instruments for achie ving the goals of Ukraine’s post-war development. An analysis of the functional orientation of platforms already operating in Ukraine — such as Rozetka, marketplace platforms, Diia, Monobank, and Nova Poshta — has demonstrated that platform solutions genuinely open new opportunities for economic development at the national, regional, and enter- prise levels and are inherently innovation-driven. The above-mentioned Economic Reconstruction Platform of Ukraine represents a system of specia- lized platforms. Each platform is innovative in its orientation and contributes to a holistic perception of innovation not only in economic processes but also in social and even cultural revitalization. Its implementation requires and encourages the use of an innovation culture, the con tent of which is de- fined by Ukrainian legislation. An analysis of the strategic orientation of the platforms already la un- ched to support Ukraine’s recovery and develop- ment indicates that a platform-based framework for post-war development is already emerging, envi- saging broad engagement of foreign investment. Within the framework of the specialized platform for Ukraine’s economic recovery — the Uk rai ne Re- co very Conference (URC) — held in Lugano (2022), London (2023), Berlin (2024), and Rome (2025) [48] (see Table 1), it is proposed that Uk rai ne’s econo- 10 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. Table 1. Content and Structure of the Platform for the Economic Recovery of Ukraine Special-purpose platform Target directions of special purpose platform The Ukraine Recovery Conference (URC) has been held in Lugano (2022), London (2023), Berlin (2024), and Rome (2025) [20, 21] At the Ukraine Recovery Conference 2025 in Rome, an initiative to establish Recove- ry Coalition — a European flagship fund for Ukraine’s reconstruction — was pre- sented At the Ukraine Recovery Conference 2025 (URC-2025), 18 new pro- grams were announced to attract private capital, with a particular fo- cus on supporting small and medium-sized enterprises In addition to the 18 programs presented, cooperation has been ex- panded with the U.S. International Development Finance Corporation (DFC); guarantees from Multilateral Investment Guarantee Agency (MIGA) have been broadened; and new agreements have been con- cluded with European export credit agencies and development banks. Privatization initiatives are being prepared, accompanied by the pre- sentation of an investment catalog comprising 250 projects valued at approximately USD 40 billion The Create Ukraine program continues, and an agreement is being prepared for Ukraine’s accession to the European Social Fund to sup- port entrepreneurship development and a range of social initiatives, including retraining and reskilling programs within Ukraine The Ukraine Facility Platform [22—24] a dedicated instrument designed to sup- port financing for Ukraine’s reconst ruc- tion needs for the period 2024—2027, consisting of three components Component 1 — public administration reform, good governance, the rule of law, anti-corruption measures, and sound financial management Component 2 — designed to attract and mobilize public and private investment Component 3 — technical assistance focused on mobilizing reform expertise and supporting municipalities and civil society The Made in Ukraine Platform [25] partial compensation of 15% of the cost of equipment manufactured in Ukraine with a localization level of at least 40%; incentives to support the development of industrial parks Support for domestic manufacturers and stimulation of demand for Ukrainian-made products, contributing to the creation of new jobs; founders receive funding for the construction of engineering and trans- port infrastructure or compensation for electricity connection costs Affordable Loans 5—7—9% [26, 27] — a government support program for do- mestic businesses Two objectives: investment and working capital financing Distribution by sector: 45% — agriculture (preferential loans) 24% — trade 21% — industry 7% — services 2% — construction Support recipients: 53% — microenterprises 30% — small enterprises 12% — medium enterprises 5% — large enterprises Ukraine Development Fund [28] Es tab lished by a private investor with ca- pital of USD 15 billion and registered in Luxembourg. BlackRock and JPMorgan will help form public-private enterprises The fund is focused on supporting government institutions and capital markets 11ISSN 2409-9066. Sci. innov. 2026. 22(3) Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine mic policy prioritize the attraction of private capital, including through large-scale privatization initia- tives with innovation-oriented investment pros- pects. These initiatives encompass approximately 250 projects across 11 sectors of the eco nomy, with an estimated value of USD 40 billion. At the same time, the limited capacity of Eastern European countries to attract foreign direct investment into entirely new sectors aimed at global market entry must be taken into account, which al so applies to Ukraine. As noted in the research of Rajneesh Na- rula and Henk W. M. G. Gimeno [7], a more prac- tical approach involves concentrating efforts on the activities of existing subsidiaries of foreign inves- Special-purpose platform Target directions of special purpose platform Ukraine Investment Framework (UIF) [29—31] A major EU initiative to support invest- ments in Ukraine It finances critically important projects in the public sector — inclu ding energy efficiency, transport, housing and utilities, and education — as well as small and medium-sized enterprises for municipal investment needs, in accordance with Public Investment Management (PIM) re- form requirements. Submission of projects to the Single Pro ject Pipe- line (SPP) is mandatory Ukraine Energy Support Fund [32] Established to provide international as- sistance in the energy sector to companies across all regions of Ukraine The fund brings together donors from 22 countries — including govern- ments, private companies, corporations, and international organiza- tions — to support Ukrainian energy companies Joint Weapons Production [33] Under the slogans “Buy in Ukraine for Uk- raine” and “Build Together with Ukraine,” factories are being established in Western countries to operate under licenses from Ukrainian arms manufacturers Western partners have shown the greatest interest in investing in dro- nes. For example, following the “Danish model,” a consortium in Fin- land, Summa Defense, has created a production facility in collabora- tion with four Ukrainian companies. Drones produced there will be supplied to Ukraine, the EU, and NATO. The United Kingdom is also focusing on domestic drone production The United States, France, Croatia, Lithuania, the Netherlands, Germa- ny, and Canada are actively organizing drone manufacturing. Uk raine has launched the Defence City program to develop joint weapons pro- duction with international partners, both within Ukraine and in Rams- tein partner countries [34—36] Investment Platforms for Ukraine [37, 38] In accordance with a memorandum with the European Bank for Reconstruction and Development and Development Finance Institutions (DFIs), investment platforms have been coordinated in Ukraine The DFIs and EBRD plan to expand the number of participating insti- tutions from different countries On May 12, 2023, in Tokyo, the DFIs, G7 countries, and EBRD agreed to establish a Co-Investment Platform based on identified needs within the framework of the Interagency Donor Coordination Platform for Ukraine U.S. — Ukraine Reconstruction Investment Fund [39—45] Established under a bilateral agreement with equal participation by both parties Ukraine shall allocate 50% of future revenues from new royalties on licenses for new sites to the fund. The fund invests in projects related to mineral extraction, oil and gas, associated infrastructure, and pro- cessing. The agreement covers 57 types of enterprises e-Oselia (Home) Government program [46] e-Recovery [47] Program providing accessible mortgage financing with interest rates ranging from 3—10% Program for compensation and improvement of housing End of Table 1 12 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. tors operating within the country. The authors also emphasize that each country requires a distinct combination of innovation policy instruments, depending on its technological and institutional profile across specific sectors of economic activity. Ukraine and its economy, operating within the framework of industrial activity in the second half of the twentieth century and the early twenty-first century, have accumulated extensive experience in the use of imported technologies and equipment and in export–import operations. At the same time, the country possesses a developed system of R&D institutions, including academies of sciences, sectoral research and design institutes, and higher education institutions that collectively conduct na- tional R&D and train highly qualified personnel — doctoral and candidate deg ree holders — for high- technology sectors such as aviation, aerospace, nuclear energy, ICT, che mistry, and selected bran- ches of mechanical engineering. This accumulated innovative experience creates the conditions for further modernization by combining knowledge embedded in imported technologies with the de- velopment of competiti ve new industries based on Ukraine’s national R&D achievements, including those capable of compe ting in global markets. The integration of results from national R&D with accumulated knowledge embodied in impor- ted technologies corresponds, in the classification proposed by Slavo Radosevic, to the potential imp- lementation — during Ukraine’s post-war reco- ve ry — of the third stage of technological moder- ni za tion. At this stage, opportunities emerge to utilize national knowledge assets accumulated in equipment, technologies, managerial practices, the po pu la tion’s innovative capabilities, and its skill base. Their combined use can become the domi- nant com ponent of innovation-driven economic activity. This is particularly important given fin- dings by the United Nations Economic Commis- sion for Europe indicating that countries such as Ukraine continue to rely on a limited range of pro- ducts and export markets and exhibit a low level of export sophistication, reflecting a significant divergence from global dynamics. The war has destroyed a substantial number of enterprises specializing in traditional activities associated with the second and third technologi- cal paradigms. In the post-war period, Ukraine faces a strategic challenge that may evolve along two alternative paths. War is not a form of creative destruction — the concept embedded in modern growth theory — but rather a devastating destruction of Ukraine’s productive forces, accompanied by loss of life and labor outflows. The resulting losses coexist with new opportunities, although these arise not be- cause of, but despite, the mechanisms commonly associated with creative destruction. During post- war recovery, it is critically important to avoid a return to stagnation-inducing processes; therefo- re, reconstruction must simultaneously ensure the deployment of innovation-driven opportunities in rebuilding the economy. One approach involves restoring activities that rely on traditional technologies, with the poten- tial to improve the recovery of processes based on corresponding research and development (R&D). Another pathway for addressing post-war reconst- ruction challenges lies in promoting the develop- ment of production focused on the creation of new products through the practical implementation of outcomes from national R&D initiatives. From a strategic perspective, the first app- roach may allow relatively rapid recovery, leve- raging exis ting expertise and skills while incor- porating opportunities for their improvement. However, over time, the potential for enhancing traditio nal tech niques and technologies is limi- ted, especially when compared to the benefits of creating new pro ducts and establishing their pro- duction through mechanisms supporting star- tup activities. Startups, as noted, “…play a cent- ral role in transfor ming laboratory discoveries into com mer cial pro ducts” [6]. Therefore, it be- comes cru cial to activate the potentially untap- ped fundamental research within Ukraine’s aca- demy sys tem, particularly the National Academy of Sciences of Ukraine (NASU), through com- mercialization efforts. 13ISSN 2409-9066. Sci. innov. 2026. 22(3) Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine COMMERCIALIZATION AND PRIORITIZATION OF STRUCTURAL CHANGES IN RESEARCH AND DEVELOPMENT Expanding the activities of academic research ins- titutions toward the commercialization of R&D out- comes — especially those with the highest cur rent readiness for practical application — can, over time, substantially transform the prevailing re search- to- business model. This transformation re shapes how research is conducted and results are translated into business applications, thereby altering the pre-exis- ting system. Such development strengthens and broadens the linkages between science and business, enhancing the practical impact of scholarly research. Over time, small but successful initiatives wi- thin research or design organizations — where innovation is initiated and implemented — may be sold to large enterprises to scale the startup to a global market. Large businesses possess the finan- cial, organizational, and human resource capaci- ties to execute such endeavors successfully, al- though not always without challenges. Implementing innovative projects within insti- tutes that are part of NASU will create opportuni- ties for future increases in R&D expenditure, both within the institute itself and among its real busi- ness partners. For example, in 2016, enterprises in the pre-war period spent 2.3 times more on R&D per employee than the public sector and 5.9 times more than the higher education sector. Despite the war, in 2024, this lead persisted, as the R&D expenditure of the enterprises exceeded more than 2.5 times that of the public sector and 4.2 ti mes the expenditure of the higher education sector. This trend indicates that the expected commer- cialization of research within state-funded insti- tutions, particularly in the NASU system, not only opens avenues for increased investment in scien- ce and development but also serves as a motiva- ting factor for the return of research personnel who were forced to emigrate. This is particularly important given evidence suggesting that reinteg- ration of scholarly research activity in Ukraine will face significant challenges [49]. The integration of science and business is im- portant not only for expanding the technical, tech- nological, organizational, and financial capabili- ties of both research institutions and their staff, but also for shortening the time from scientific discovery to production and enhancing overall labor productivity in the economy. This increased effectiveness elevates the productive activity of re- searchers involved in commercialization through science-business collaboration. Studies conducted at the Institute for Economics and Forecasting of the NASU on this topic indicate that the citation impact of researchers enga ged in science-business collaboration exceeds that of re- searchers without such engagement by more than tenfold in Ukraine (Table 2). A similar pattern is ob- served in the European Union, although the mag ni- tude of the difference is approximately half as large. The pathway of science-business interaction out- lined above can, to some extent, mitigate Uk rai- ne’s existing constraints in increasing investment in science, including enabling the expansion of the research and development workforce by at least 30,000 employees [50]. It will also reduce the time required for the practical application of R&Ds. Globally, R&D expenditure as a share of GDP has averaged around 3%, although this figure va ries across time and regions. In 2021, the global ave- rage was approximately 2.8%, with Israel lea ding at 5.76%, while Ukraine’s share was only 0.38% of GDP (see Fig. 1). Within the European Union, it is generally recommended that R&D expenditure Table 2. Publication Activity of Ukraine and the EU, 2022—2024 Activity Citations per publication Field-Weighted Citation Impact Ukraine EU Ukraine EU Science-Business Collaboration 32.8 11.6 6.9 1.96 Science-Business Collaboration Is Absent 3.0 6.3 0.75 1.09 Source: data on collaboration indicators [50]. 14 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. be maintained at around 3% of GDP. Significant cross-country differences exist not only in the vo- lume of R&D spending but also in its composi- tion (Table 3). Data from Table 3 indicate that the United Sta- tes, as a global technological leader, reduced its ex penditure on fundamental research in many res- pects over the period 2010–2022. Israel shows a si- milar pattern, despite having achieved a high le vel of technological performance and one of the hi- ghest national R&D expenditure relative to GDP (Fig. 1). Table 3 also shows that several European countries have either maintained or only slightly reduced the share of spending allocated to funda- mental research. Nevertheless, as of 2022, the proportion of spen- ding on fundamental research in many European countries remained nearly twice as high — or even more — compared to the United States, Japan, and Israel. In Israel, by 2022, the share of expenditure on fundamental R&D had fallen to a level three times lower than that observed in selected Euro- pean countries. In countries such as Poland and the Czech Republic, over one-quarter of R&D spen- ding is devoted to fundamental research, although overall R&D expenditure relative to GDP remain below the global average. This demonstrates that some countries, while lagging behind global averages in total R&D spen- ding relative to GDP, allocate a comparatively lar- ger share of these funds to fundamental research, Fig. 1. Share of R&D expenditure in GDP across countries in 2021, % Source: based on [51—53]. Table 3. Share of Basic R&D in Total R&D Expenditure, % Country Year 2010 2015 2020 2022 France 25.2 24.3 22.9 20.3 Italy 25.6 24.1 22.0 24.1 Poland 29.2 32.0 33.6 27.8 Czech Republic 29.8 31.4 27.2 25.4 Israel 13.0 12.1 9.3 7.1 China 4.8 5.0 5.9 6.4 Korea 18.2 17.2 14.4 15.1 USA 18.8 16.6 15.5 14.3 Japan 12.3 12.0 12.2 12.1 Ukraine 22.1 24.1 25.0 23.9 Source: based on [51, 53]. Ukraine Italy Poland Czech Republic France EU 27 China C ou nt ry World Germany Japan USA Korea Israel 6543 Share of GDP, % 210 0.38 1.41 1.42 1.93 2.21 2.26 2.38 2.58 3.08 3.27 3.47 4.60 5.76 15ISSN 2409-9066. Sci. innov. 2026. 22(3) Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine even without being technological leaders like the United States, Japan, or South Korea. Regarding Ukraine, data from Fig. 1 and Table 3 show a pronounced lag in both the volume of R&D spending and its structure relative to countries such as Israel, which, despite facing frequent threats of air strikes, maintains a significantly more balan- ced and higher level of R&D investment relative to GDP. Specifically, Ukraine allocates more than three times the share of R&D funding to funda- mental research compared to Israel, yet its total R&D expenditure is 15 times lower. Analysis of the data in Fig. 1 and Table 3 suggests a certain inefficiency in the financing of research and de- velopment in Ukraine. Primarily, to address the identified inefficien- cies in the level and structure of R&D funding, it is necessary to increase investment to a target of three percent of GDP. However, such an increase should not be an end in itself. Changes must be guided by strategic priority areas and the applied pros- pects for the further development of science and technology, in line with international experience, while strengthening the state’s role both in finan- cing scholarly research and in supporting mecha- nisms for subsidizing innovative developments. At the same time, the determination of these priorities should be based on R&D foresight. Uk- raine has experience in periodically conducting such foresight exercises, including under wartime conditions. In particular, in 2024, a Ukrainian R&D and technology foresight was developed and pub- lished, reflecting appropriate shifts in research prio rities that occurred over the previous three years due to the challenges of the full-scale war and global trends in science and technology deve- lopment [54]. Given the ongoing large-scale efforts to define pathways for ensuring the successful fu- ture of the Ukrainian economy, it is now appropri- ate to begin developing a foresight specifically fo- cused on the scientific support of decision-making at the highest state level. Consequently, the defined priorities will also determine the structure of fund- ing, both in terms of research directions and the balance between fundamental and applied R&D. It is also important to note that, as funding levels increase and their structure changes, measures must be taken to enhance the impact of scholarly research on economic performance, particularly thro ugh reforms in science-business interaction practices. This need arises from Ukraine’s classification as a “modest innovator” according to the European Innovation Scoreboard, which is the lowest tier in the current ranking. However, according to glo bal competitiveness indices, such as the availability of a highly educated workforce, Ukraine possesses the potential to support post-war recovery based on advanced technological foundations. At the same time, data from the Ukrainian Ins- titute of R&D Expertise and Information and in- ternational assessments of Ukraine’s innovation performance from 2010—2019 indicate a decline across all indices. Yet, even amid wartime condi- tions, as of 2025, opportunities exist to expand Table 4. Structure of Advanced R&Ds of the NAS of Ukraine by Level of Readiness for Use (TRL), % of the Total Field Total TRL 1—3 4—6 7—9 Total Including: 205 5.4 57.6 37.1 Energy and Energy Efficiency 40 0.5 8.8 10.2 Technologies for Structural and Functional Materials 34 2.4 9.8 4.4 Medical Products and Medical Device Engineering 33 2.0 7.8 6.3 Mechanical Engineering and Instrumentation 27 0.0 6.8 6.3 Ecology and Environmental Protection 19 0.5 6.8 2.0 Information Technologies 13 0.0 2.9 3.4 In formation and Sensor Systems and Devices 12 0.0 2.9 2.9 Technologies and Equipment for Mineral Exploration, Assess ment, and Extraction 12 0.0 2.9 2.9 Others 0.0 6.2 1.1 Source: based on [55]. 16 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. innovative activity within the NASU, particularly by leveraging existing R&D outputs. In 2024, the re were 3,739 active protection documents covering promising scientific and analytical developments. Furthermore, the structure of NASU’s advan ced R&Ds at the highest readiness levels (TRL 7—9) (Table 4) demonstrates that over one-third (37.1%) of these projects are ready for implementation, including developments relevant to key sectors of the manufacturing industry. The data indicate that over 200 national deve lop- ments from the NASU, protected by intellectual property rights, have the potential, once com mer- cialized, to reduce Ukraine’s exogenous depen- dence on dominant imports relative to its exports of both technology and technical equipment. Before the war, the implementation of projects strategically important for Ukraine’s industrial ac- tivity, based on innovative developments, faced se veral significant shortcomings. In particular, the funding needs of selected state-supported innova- tion projects, for example in 2021, exceeded the available budget nearly twentyfold. Moreover, for- malized criteria and mechanisms for managing sta te projects were largely absent, professional managerial capacity for large-scale projects within state institu- tions was insufficient, and the competence of inde- pendent expert evaluations was often questionable. Despite the wartime conditions, Ukraine comp - le ted the establishment of new mechanisms for state support of major investment projects and for co-financing public investment projects during 2023—2024. A model has also been established for concentrating resources on financing public investment pro jects in 2025—2027, including the following sources:  Loans from foreign states, international financial institutions, and organizations (UAH 59.2 billion in 2025; UAH 17 billion in 2026; UAH 30.3 bil- lion in 2027);  Funds from the general state budget (UAH 25 bil- lion annually from 2025—2027);  Resources obtained under the Ukraine Facility (Component II) for investment in priority sec- tors (UAH 6.97—300 billion in 2025—2027);  Resources from the Road Fund (a special state budget fund), excluding expenditure related to road maintenance and debt obligations of the Agency for Restoration and Development of Inf rastructure (UAH 41.2 billion in 2025; UAH 106 bil lion in 2026; UAH 199.7 billion in 2027). Priorities for 2025—2027 have been identified in the fields of energy, critical infrastructure pro- tection, and energy-related projects, including:  Improving electricity transmission efficiency (in- tegration of Ukraine’s united energy system with the European interconnected system, phases III and IV);  Establishing a comprehensive system for hand- ling reactive materials generated during decom- missioning of power units and the reconstruc- tion of the “Shelter” object;  Enhancing energy efficiency of public buildings across Ukraine. The new public investment project (PIP) system specifies requirements for comprehensive profes- sional scientific support, encompassing both the authors of innovative developments and experts in economics and finance. As a result, the new PIP requirements address and minimize the defi- ciencies in project preparation and implementa- tion that were noted in previous assessments. This approach has created opportunities for the implementation of completed scholarly research and the development of innovative applications with practical significance through expanded scien- ce-business collaboration. Currently, several institutes within the NASU are initiating projects based on completed, inno- vation-ready developments that are prepared for practical application through industrial-scale imp- lementation. Notably, this includes the commer- cialization project of the O. V. Palladin Institute of Biochemistry, which aims to establish the pro- duction of fibrin gel and collagen matrices as wound-healing agents. The project has achieved a readiness level of IRL 7. The objective of this project is to produce, at the specified center, innovative hemostatic agents — 17ISSN 2409-9066. Sci. innov. 2026. 22(3) Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine specifically Carbogemostat, Fibrin Gel, and Colla- gen Matrix — which demonstrate superior effecti- veness [56] compared to existing hemostatic pro- ducts and substitutes. The need and prospects for such a project are driven by both national and global factors. In Uk- raine, the necessity of establishing domestic in- novative production of critically important he- mostatic products has significantly increased un- der martial law, due to the sharp rise in demand for modern hemorrhage-control devices resulting from elevated trauma levels among military per- sonnel and civilians. At the global level, healthcare expenditure is pro- jected to rise, the pharmaceutical market is expan- ding, and the hemostatic products segment is de- veloping rapidly. This growth is driven by increasing global demand for modern medical technologies and services, rising prevalence of traumatic inju- ries, and greater demand for surgical interventions. Despite a post-pandemic decline in the global public healthcare expenditure to 9.9% of GDP in 2022 [57, 58] — a reduction of 0.9% of GDP as com- pared with 2021 — WHO forecasts an increase in global healthcare spending to 2040 by 2.6% of GDP [59]. The temporary reduction in healthcare spending priority has occurred amid a gradual re- turn to austerity policies following peak pandemic- related expenditure growth, when the healthcare system was the state’s primary funding priority. A major driver of rising global healthcare expen- diture in the medium term is the rapid impact of technological progress in the medical sector. Under these conditions, investments in the moderniza- tion of core equipment and the digital transfor- mation of healthcare systems are expected to re- quire, on average, an additional 0.4% of GDP [59]. The prospects for establishing innovative do- mestic production of hemostatic agents in Ukrai- ne also align with global trends in the growing pharmaceutical market, which reached a value of USD 2.4 trillion in 2024 [60] and is projected to increase to USD 4.1 trillion by 2035, correspon ding to an average annual growth rate (CAGR) of 5% over the forecast period. The Institute for Economics and Forecasting of the NASU conducted a scenario-based forecast as- sessment of the project Establishment of a Chroma- tography Center for Biotechnological Production of Innovative Hemostatic and Wound-Healing Agents in collaboration with the O. V. Palladin Institute of Biochemistry, NASU. The analysis considered three scenarios based on different procurement strate- gies for raw materials — specifically activa ted car- bon fiber and collagen — from various countries, including the United States, the European Union, and China, for the production of innovative he- mostatic agents over a five-year period. The analysis demonstrates that the project exhi- bits high levels of economic efficiency, investment profitability, and short payback periods, ranging from 2.3 to 3.5 years depending on the scenario, assuming implementation as a public investment project with a public investment volume of UAH 50 million. Beyond its potential economic efficiency, the implementation of this project is expected to ge- ne rate additional budgetary benefits for the state through the operations of the chromatography cen- ter, the production and sale of innovative hemo- static agents, and the associated collection of ta- xes and contributions. In addition to economic and budgetary benefits, the project holds significant social value for Uk- raine. The O. V. Palladin Institute of Biochemistry, NASU, emphasizes its potential to improve the ef- fectiveness and quality of medical care in the con- text of military field medicine, as well as enhance healthcare delivery in civilian medical institutions. Following the approach outlined above, pro- jects are underway for the production of fibrin gel and collagen matrices, as well as for the commer- cialization of several other innovative develop- ments from NASU institutes, including:  Dielectric materials for microwave equipment. Readiness level: IRL 7, TRL 7 (V.I. Vernadsky Ins titute of General and Inorganic Chemist- ry, NASU);  Integrated equipment and technology for pro- ducing high-quality ingots and specialized pro fi- 18 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. les from deformable aluminum alloys. Readiness level: IRL 9, TRL 9 (Physical-Technical Insti- tute of Metals and Alloys, NASU);  High-capacity thermal energy storage units. Readiness level: IRL 7, TRL 7 (Institute of Tech- nical Thermophysics, NASU);  Heat storage and accumulation systems. Rea- diness level: IRL 8, TRL 7 (Institute of Techni- cal Thermophysics, NASU);  Gas-fired power plants and cogeneration units. Readiness level: IRL 8, TRL 9 (Institute of Gas, NASU);  Briquetting equipment with extended operatio- nal life. Readiness level: IRL 8, TRL 8 (Z.I. Nek- rasov Institute of Ferrous Metallurgy, NASU). During the execution of these projects, NASU’s innovative R&Ds are prioritized, and their com- mercialization will be carried out with economic justification, expert evaluation, and patent sup- port. Through these projects, experience will be gained in realizing the accumulated potential of NASU’s innovations and expanding it across Uk- raine, including for research institutes of other national academies. As a result, we can assert that:  Transformational changes in economic and in- novation activities, driven by liberalization and market transition, have, on one hand, led to de- velopmental losses by partially primitivizing the economic structure, increasing exogenous de- pendence on resources, technology, and engi- neering equipment; on the other hand, these changes have set the stage not only for post-war reconstruction but also for a technologically and innovatively driven recovery, leveraging pri- marily the existing technological potential de- veloped through national R&D and the human capital with world-class education levels;  The “new reality” on a global scale, characteri- zed by uncertainty and instability, underscores the importance of promoting endogenous fea- tures in the interaction of innovation activities within the economy. This approach aims to over- come existing exogenous dependencies by le- veraging the accumulated innovation potential generated through national R&D, primarily via the commercialization of research projects.  Strategically, the post-war reconstruction of Uk- raine’s economy based on traditionally domi- nant activities, even with opportunities for imp- rovement, offers limited long-term prospects for economic growth due to their inherent ex- haustibility. This orientation highlights the need for a long-term strategy focused on creating new products through the expansion of national startup activity, which plays a crucial role in ac- celerating the transition of inventions from the laboratory to the market.  The structure of NASU’s advanced R&D assets, at the highest readiness levels, includes more than 200 developments ready for implementa- tion across key areas: energy and energy efficien- cy (40 projects), constructional and functional materials technology (34 projects), medical de- vices and healthcare technologies (33 projects), environmental protection and ecology (19 pro- jects), among others. These assets provide a strong foundation for expanding NASU’s partici- pation in the practical application of research through enhanced commercialization practices, utilizing existing public investment mechanisms. Funding. 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(July 10, 2025). URL: https://unn.ua/news/bez-litakobuduvannia-nemaie-povnoi-oborony-chomu-aviatsiia-maie-buty- v-defence-city (Last accessed: 11.07.2025). 37. Reconstruction conference in London: 19 countries join co-investment platform in Ukraine. (June 26, 2023). URL: https://www.ukrinform.ua/rubric-vidbudova/3725945-konferencia-z-vidbudovi-u-londoni-do-platformi- spivinvestuvanna-v-ukrainu-dolucilisa-19-krain.html (Last accessed: 30.05.2025). 38. “Nobody just gives money like that.” Marchenko spoke about the conditions of the financial “Ramstein” for Uk- raine. (May 17, 2023). URL: https://gordonua.com/ukr/news/money/prosto-tak-groshi-nihto-ne-daje-marchenko- rozpoviv-pro-umovi-finansovogo-ramshtajnu-dlja-ukrajini-1664402.html (Last accessed: 05.08.2025). 39. Ukraine and the United States signed three documents at once on a subsoil agreement, — Politico. (May 1, 2025). 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On the signing of the Agreement between the Government of Ukraine and the Government of the United States of America on the establishment of the American-Ukrainian Reconstruction Investment Fund. URL: https://www.kmu.gov.ua/npas/pro-pidpysannia-uhody-mizh-uriadom- ukrainy-ta-uriadom-spoluchenykh-shtativ-ameryky-pro-t300425 (Last accessed: 30.05.2025). 43. Will the US have priority for the development of Ukrainian minerals: what the Ministry of Economy says. (May 8, 2025). URL: https://www.rbc.ua/rus/news/chi-bude-ssha-prioritet-rozrobku-ukrayinskih-1746693686. html (Last accessed: 10.05.2025). 44. Not before 2040: when will Ukraine begin extracting minerals under the Subsoil Agreement with the US. (May 13, 2025). URL: https://focus.ua/uk/economics/705900-ne-ranishe-2040-roku-koli-v-ukrajini-pochnut-vidobuvati- kopalini-v-ramkah-ugodi-shchodo-nadr-zi-ssha?utm_source=ukrnet_news (Last accessed: 17.05.2025). 45. The Ministry of Economy explained the management structure of the investment fund for the reconstruction of Ukraine and the United States. (May 28, 2025.) URL: https://sud.ua/uk/news/ukraine/332124-v-minekonomiki- obyasnili-strukturu-upravleniya-investfondom-vosstanovleniya-ukrainy-i-ssha (Last accessed: 30.05.2025). 46. Affordable housing mortgage lending program. URL: https://ukrfinzhytlo.in.ua/e-oselia/ (Last accessed: 09.09.2025). 47. Ministry of Community and Territorial Development of Ukraine. URL: https://mindev.gov.ua/proiekty/ yevidnovlennia (Last accessed: 17.08.2025). 48. Ukraine recovery conference. URC2025. (10—11 July, 2025). URL: https://www.urc-international.com/#past (Last accessed: 12.07.2025). 49. Ganguli, I., Waldinger, F.(July 17, 2023). War and science in Ukraine. https://doi.org/10.3386/w31449. URL: https://www.nber.org/papers/w31449 (Last accessed: 07.08.2026). 50. SciVal. Elsevier B.V. URL: https://scival.com/ (Last accessed: 05.08.2025). 51. Main Science and Technology Indicators (MSTI database). OECD. URL: https://www.oecd.org/en/data/datasets/ main-science-and-technology-indicators.html (Last accessed: 05.08.2025). 52. World Development Indicators. URL: https://databank.worldbank.org/source/world-development-indicators (Last accessed: 23.09.2025). 53. State Statistics Service of Ukraine. URL: https:// stat.gov.ua (Last accessed: 18.09.2025). 54. Ukrainian Scientific and Technical Foresight. (2024). G.M. Dobrov Institute for Research on Scientific and Technical Potential and History of Science, NAS of Ukraine. Kyiv [in Ukrainian]. URL: https://foresight.in.ua/ UkrSciTechForesight2024.pdf (Last accessed: 25.09.2025). 55. Reference publication “Prospective scientific and technical developments of the NAS of Ukraine” (2017, 2019, 2022). Scientific and scientific and applied developments of the NAS of Ukraine. National Academy of Scien ces of Ukraine [in Ukrainian]. URL: https://www.old.nas.gov.ua/RDOutput/UA/book2017/Pages/default.aspx (Last accessed: 25.09.2025). 56. Chernyshenko, V. O. (2021). Search and study of mechanisms of action of new biologically active compounds and biomaterials that affect blood clotting. (Doctoral dissertation). O.V. Palladin Institute of Biochemistry of the NAS of Ukraine, Institute of Molecular Biology and Genetics of the NAS of Ukraine. Kyiv. URL: https:// imbg.org.ua/docs/specscicouncil/20210323/ Chernyshenko_disser.pdf [in Ukrainian] (Last accessed: 01.10.2025). 57. Global spending on health: emerging from the pandemic. (2024). World Health Organization. URL: https:// iris.who.int/handle/10665/379750 (Last accessed: 01.10.2025). 58. Current health expenditure (% of GDP). World Bank Group. URL: https://data.worldbank.org/indicator/SH. XPD.CHEX.GD.ZS (Last accessed: 25.09.2025). 22 ISSN 2409-9066. Sci. innov. 2026. 22(3) Heyets, V. M. В.М. Геєць (https://orcid.org/0000-0002-2895-6114) Державна установа «Інститут економіки та прогнозування Національної академії наук України», вул. Панаса Мирного, 26, Київ, 01011, Україна, +380 44 280 1234, gvm@ief.org.ua КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ Вступ. Функціонування національної інноваційної системи визначається розширенням можливостей під- вищення її результативності через комерціалізацію пріоритетних інноваційних розробок НАН України, що мають найвищий рівень завершеності. Проблематика. Актуальним є дослідження розв’язання проблемних питань розширення діяльності академічних науково-дослідних установ в частині комерціалізації результатів досліджень і розробок (ДіР), що суттєво трансформуватиме існуючу модель, за якою проводяться дослідження і пропонуються отри- мані результати до впроваджень у бізнес-середовищі. Мета. Обґрунтувати можливості вдосконалення національної інноваційної системи України шляхом комерціалізації пріоритетних інноваційних розробок НАН України. Матеріали й методи. Використано матеріали статистичних спостережень, публікації іноземних, націо- нальних дослідників та міжнародних організацій. Застосовано монографічний, аналітичний та порів- няльний методи на базі соціальних та статистичних спостережень. Результати. На основі аналізу пріоритетного характеру інноваційних розробок НАН України, які гото- ві для практичного впровадження із використанням запропонованої Інститутом економіки та прогнозу- вання НАН України методики підготовки проєктів для комерціалізації ДіР, охарактеризовано їхній зміст за видами діяльності. Висновки. З метою подолання наявної в Україні обмеженості досвіду оцінювання перспектив пріори- тизації, комерціалізації, економічного обґрунтування інноваційних проєктів, а також розрахунків ефектів їхнього промислового масштабування та патентного супроводу прав інтелектуальної власності на науко- во-технічні розробки з метою розбудови інноваційної системи в Україні доцільно розширити участь інсти- тутів НАН України у комерціалізації ДіР на основі запропонованої методики Інституту економіки та про- гнозування НАН України, започаткувавши діяльність академічних стартапів. Ключові слова: економічна й інноваційна діяльність, трансформація, пріоритизація інноваційних розробок, ринок, комерціалізація, кровоспинні засоби, ранозагоювальні засоби, економічна та соціальна ефективність. 59. Fiscal Sustainability of Health Systems: How to Finance More Resilient Health Systems When Money Is Tight? (January, 2024). OECD. OECD Publishing, Paris. URL: https://doi.org/10.1787/880f3195-en (Last accessed: 22.10.2025). 60. Pharmacy Market. Roots Analysis. 2024. URL: https://www.rootsanalysis.com/reports/pharmacy-market.html (Last accessed: 01.10.2025). Received 29.10.2025 Revised 30.10.2025 Accepted 30.10.2025
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spelling oai:ojs2.scinn-eng.org.ua:article-12072026-06-17T11:30:40Z Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine as Part of the National Innovation System КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ HEYETS, V. економічна і інноваційна діяльність, трансформація, пріоритизація інноваційних розробок, ринок, комерціалізація, кровоспинні засоби, ранозагоювальні засоби, економічна та соціальна ефективність. economic and innovative activity, transformation, prioritization of innovative developments, market, commercialization, hemostatic agents, wound healing agents, economic and social efficiency. Introduction. The functioning of Ukraine’s national innovation systemhas provided significant opportunities to enhance its effectiveness through the commercialization of priority innovative developments with the highest level of readiness generated by the National Academy of Sciences of Ukraine (NASU).Problem Statement. Research on innovative developments has addressed critical issues related to expanding the activities of academic research institutions in the commercialization of their research and development (R&D) results.Purpose. This study has aimed to substantiate the potential for improving Ukraine’s national innovation system through the commercialization of priority innovative developments produced by NASU.Materials and Methods. The study has relied on statistical data, publications by Ukrainian and international scholars, and reports of international organizations. Monographic, analytical, and comparative methods based on socio-economic and statistical analysis have been applied.Results. The study has characterized NASU’s innovation developments that are ready for practical implementation, using a methodology for preparing R&D commercialization projects developed by the Institute for Economics and Forecasting of NASU. The portfolio of prospective developments has been classified by fields of activity.Conclusions. To overcome Ukraine’s limited experience in prioritizing, commercializing, and economically justifying innovative projects — as well as in assessing the effects of industrial scaling and providing patent protection for intellectual property rights — the participation of NASU institutes in R&D commercialization has been expanded. A practical instrument for this process has been the methodology developed by the Institute for Economics and Forecasting of NASU. This approach has contributed to strengthening Ukraine’s innovation system, particularly through the launch of various forms of academic startups. Вступ. Функціонування національної інноваційної системи визначається розширенням можливостей підвищення її результативності через комерціалізацію пріоритетних інноваційних розробок НАН України,що мають найвищий рівень завершеності.Проблематика. Актуальним є дослідження розв’язання проблемних питань розширення діяльностіакадемічних науково-дослідних установ в частині комерціалізації результатів досліджень і розробок (ДіР),що суттєво трансформуватиме існуючу модель, за якою проводяться дослідження і пропонуються отримані результати до впроваджень у бізнес-середовищі.Мета. Обґрунтувати можливості вдосконалення національної інноваційної системи України шляхомкомерціалізації пріоритетних інноваційних розробок НАН України.Матеріали й методи. Використано матеріали статистичних спостережень, публікації іноземних, національних дослідників та міжнародних організацій. Застосовано монографічний, аналітичний та порівняльний методи на базі соціальних та статистичних спостережень.Результати. На основі аналізу пріоритетного характеру інноваційних розробок НАН України, які готові для практичного впровадження із використанням запропонованої Інститутом економіки та прогнозування НАН України методики підготовки проєктів для комерціалізації ДіР, охарактеризовано їхній змістза видами діяльності.Висновки. З метою подолання наявної в Україні обмеженості досвіду оцінювання перспектив пріоритизації, комерціалізації, економічного обґрунтування інноваційних проєктів, а також розрахунків ефектів їхнього промислового масштабування та патентного супроводу прав інтелектуальної власності на науково-технічні розробки з метою розбудови інноваційної системи в Україні доцільно розширити участь інститутів НАН України у комерціалізації ДіР на основі запропонованої методики Інституту економіки та прогнозування НАН України, започаткувавши діяльність академічних стартапів. PH “Akademperiodyka” 2026-06-17 Article Article Рецензована стаття Peer-reviewed article application/pdf https://scinn-eng.org.ua/ojs/index.php/ni/article/view/1207 10.15407/scine22.03.003 Science and Innovation; Том 22 № 3 (2026): Science and Innovation; 3-22 Science and Innovation; Vol. 22 No. 3 (2026): Science and Innovation; 3-22 2413-4996 2409-9066 10.15407/scine22.03 en https://scinn-eng.org.ua/ojs/index.php/ni/article/view/1207/320 Copyright (c) 2026 Copyright Notice Authors published in the journal “Science and Innovation” agree to the following conditions: Authors retain copyright and grant the journal the right of first publication. Authors may enter into separate, additional contractual agreements for non-exclusive distribution of the version of their work (article) published in the journal “Science and Innovation” (for example, place it in an institutional repository or publish in their book), while confirming its initial publication in the journal “Science and innovation.” Authors are allowed to place their work on the Internet (for example, in institutional repositories or on their website). https://creativecommons.org/licenses/by-nc/4.0/
spellingShingle економічна і інноваційна діяльність
трансформація
пріоритизація інноваційних розробок
ринок
комерціалізація
кровоспинні засоби
ранозагоювальні засоби
економічна та соціальна ефективність.
HEYETS, V.
КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ
title КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ
title_alt Commercialization and Prioritization of Innovative Developments by the National Academy of Sciences of Ukraine as Part of the National Innovation System
title_full КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ
title_fullStr КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ
title_full_unstemmed КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ
title_short КОМЕРЦІАЛІЗАЦІЯ ТА ПРІОРИТИЗАЦІЯ ІННОВАЦІЙНИХ РОЗРОБОК НАН УКРАЇНИ ЯК СКЛАДОВОЇ НАЦІОНАЛЬНОЇ ІННОВАЦІЙНОЇ СИСТЕМИ
title_sort комерціалізація та пріоритизація інноваційних розробок нан україни як складової національної інноваційної системи
topic економічна і інноваційна діяльність
трансформація
пріоритизація інноваційних розробок
ринок
комерціалізація
кровоспинні засоби
ранозагоювальні засоби
економічна та соціальна ефективність.
topic_facet економічна і інноваційна діяльність
трансформація
пріоритизація інноваційних розробок
ринок
комерціалізація
кровоспинні засоби
ранозагоювальні засоби
економічна та соціальна ефективність.
economic and innovative activity
transformation
prioritization of innovative developments
market
commercialization
hemostatic agents
wound healing agents
economic and social efficiency.
url https://scinn-eng.org.ua/ojs/index.php/ni/article/view/1207
work_keys_str_mv AT heyetsv commercializationandprioritizationofinnovativedevelopmentsbythenationalacademyofsciencesofukraineaspartofthenationalinnovationsystem
AT heyetsv komercíalízacíâtapríoritizacíâínnovacíjnihrozroboknanukraíniâkskladovoínacíonalʹnoíínnovacíjnoísistemi