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Innovative Development of Small Entrepreneurship in Ukraine in a Changing Environment

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Innovation strategies significantly enhance the competitiveness of small businesses in Ukraine, revealing a clear link to state support.
The study found a correlation of 0.76 between state support and financial results, highlighting the importance of governmental assistance.
Analyzing data from 2017 to 2024, it reveals access to credit resources also plays a critical role in driving financial performance.
The weak impact of the digitalization index on financial results suggests that investment in digitization requires more time to show returns.

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Analysis shows state support boosts financial results in small businesses, indicating effective innovation strategies.

Al-Ababneh et al. (2025) studied this question.

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