INTERCONNECTION BETWEEN INNOVATION DEVELOPMENT AND SDGS PROGRESS

Abstract

Sustainable development goals (SDGs) cover a wide range of issues important to society, such as health, education, climate change and environmental degradation. SDGs are the guidelines for the draft forecast and policy documents development, draft regulations in order to ensure the balance of economic, social and environmental dimensions of sustainable development. The problem of ensuring sustainable development is considered by scientific environment, politics and economics environment. Ensuring sustainable development is a strenuous task that requires a systematic approach, timely response as well as concerted actions for prevention. The article examines the close interconnection between the innovation development and the ensuring of sustainable human development. The Global Innovation Index (GII) was chosen from among other indices that measure innovation due to a complex set of indicators. The index is calculated on the basis of 82 variables as a weighted sum of estimates of two groups of indicators. The first group includes the available resources and conditions for innovation implementation (Innovation Input). The second group includes the achieved practical results of innovation (Innovation Output).Therefore, the GII gives an opportunity to objectively evaluate the effectiveness of efforts to develop innovation in countries. The quantitative interconnection between the development of innovations and the SDGs achievement was analyzed: based on the construction of a one-factor regression model, the degree of correlation between the Human Development Index and the Global Innovation Index was investigated. The correlation coefficient (r = 0.834) indicates the closeness of the linear relationship, and the coefficient of determination according to this model is 0.6956. The adequacy of this model is proved in the article, and the connection between the features is not accidental.Innovative development is adopted as an integral part of the society development goals, and the introduction and development of innovations and technologies is seen as means and a necessary tool that contributes to the goals achievement. The development and implementation of innovations requires close cooperation between scientists, state and entrepreneurs. As a result of such interaction, new ideas are transformed into innovations that have not only economic benefits, but also determine the level of competitiveness of the state, the degree of national security and integration into the world economy.