Analysis of dependence in Ukrainian enterprises’ economic indicators from measure of their innovation activism

The paper presents the results of an
empirical analysis of differences between the economic
activity indicators of enterprises with unequal innovative
activity. On the basis of a sample survey of Ukrainian
enterprises we attempted to verify the theoretical thesis
about the relatively higher profitability of the more
innovative companies. Revealed that the average of
profitability and return on investment for a group of the
most innovative companies are lower than for firms with
less innovation activity. We have proposed the thesis of
the laws of innovative activity reduction in the Ukrainian
economy, as long as the main factor of business
profitability is not innovation activity, but other reasons.