THE NECESSITY AND FEATURES OF STATE REGULATION OF THE BIOTECHNOLOGY MARKET

Main Article Content

Alina PROSHCHALYKINA
Anton PROSHCHALYKIN
Anastasiya STRELCHYK
Yuliya VOVKOGON

Abstract

Introduction. The necessity and essence of state regulation of the biotechnology market at the national and international levels are substantiated. The factors that determine the need to strengthen the role of state regulation of the biotechnology sector have been identified. The factors influencing the efficiency of the system of state regulation of biotechnologies are outlined. Methods and tools of the system of state regulation of biotechnologies are classified.


The purpose of the article is to substantiate the necessity and determine the features of state regulation of the biotechnology market.


Results. State regulation of the biotechnology market is a set of forms and methods of regulation aimed at maintaining and developing the biotechnology sector. The functions of the state are revealed through the normative-legal, planning function, organizational, stimulating, controlling and analytical. It is determined that in order to regulate and stimulate the development of the biotechnology sector, the state should combine methods of direct and indirect regulation. A separate area of ​​state support should be the formation of conditions for the development of the national market of biotechnology and the formation of conditions for its gradual integration into the world. The supporting role of the state should relate to supply, demand and market infrastructure. Measures to form and develop the biotechnology market should be integrated into comprehensive government programs for the development of individual biotechnology industries and the overall strategy for the development of the country's biotechnology sector.


Originality. It was received further development of the rationale for the effectiveness of the mechanism of state support of the biotechnology sector, based on a program-targeted approach. It is shown that the role of the state in the development of biotechnology is key and it should combine effective planning, creating a motivational system for businesses, coordinator of activities both nationally and internationally by developing strategies, comprehensive programs and "road maps". When implementing regulation, there should be diversification of regulatory and incentive instruments aimed at supporting both supply and demand, as well as infrastructure development.


Conclusion. The role of the state in the development of the biotechnology sector should focus not only on planning, but also manifest itself in effective coordination of economic entities, participation in public-private partnership programs, and active participation in international cooperation. The choice of development priorities should be based on the available production, scientific and resource potentials. The development of the national biotechnology market should be based on tools to stimulate supply, demand and infrastructure development. The role of interstate programs, which take into account the priorities and goals of socio-economic development of countries, directions of their structural and scientific-technical policy, forecasts of interstate needs and financial resources, results of analysis of economic, social and environmental situation, interstate agreements between countries. The formation of a coordinated system of regulation and support for the development of biotechnology is a long and complex process. But without the stimulating role of the state to intensify the development of the biotechnology sector in the country is impossible. The system of state regulation should be comprehensive and include instruments of direct and indirect influence.

Article Details

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Статті
Author Biographies

Alina PROSHCHALYKINA, Bohdan Khmelnytsky National University of Cherkasy

PhD in Economics, Associate Professor

Anton PROSHCHALYKIN, Bohdan Khmelnytsky National University of Cherkasy

junior staff scientist 

Anastasiya STRELCHYK , Bohdan Khmelnytsky National University of Cherkasy

Master's student

Yuliya VOVKOGON, Bohdan Khmelnytsky National University of Cherkasy

Master's student

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