INNOVATIVE DEVELOPMENT OF ENTERPRISES IN THE CONTEXT OF ACHIEVING UKRAINE’S SUSTAINABLE DEVELOPMENT GOALS

Abstract

In today’s world, society faces numerous global challenges: climate change, depletion of natural resources, social inequality, and economic instability. In this context, the concept of sustainable development takes on particular significance, as it envisions a harmonious balance between economic growth, social well-being, and environmental conservation. Innovation serves as a key tool for achieving these goals. It is innovation that enables the discovery of new, effective solutions to overcome contemporary problems and ensure the long-term development of society.

The study examines the characteristics of enterprise innovation in the context of achieving Ukraine’s Sustainable Development Goals. The role of innovation as a key factor in enhancing enterprise competitiveness, ensuring economic growth, and establishing a socially and environmentally responsible economic model is substantiated.

The dynamics of changes in Ukraine’s ranking in the Global Innovation Index for 2020–2025 are analyzed, and current trends in the innovative development of enterprises in Ukraine are identified.

The main challenges to innovation implementation are identified, including insufficient investment support, limited innovation infrastructure, and an unstable external environment. The need to intensify enterprises’ innovation activities is emphasized as a key prerequisite for achieving the Sustainable Development Goals, improving resource efficiency, and ensuring long-term economic sustainability.

It is concluded that integrating innovative approaches into business operations will contribute to the creation of sustainable competitive advantages, the development of the national economy, and the achievement of Ukraine’s Sustainable Development Goals.