Conceptual Basis For Evaluating The Development Of High-Tech Markets
DOI:
https://doi.org/10.58423/2786-6742/2026-14-104-122Keywords:
high-tech markets, innovation, industry, global value chains, resilience, industrial policyAbstract
In this article, the conceptual foundations for evaluating high-tech product markets are developed in the context of digital transformation, geo-economic fragmentation, the restructuring of global value chains, and the growing role of technology in security. The purpose of the article is to substantiate the conceptual foundations for a comprehensive assessment of the development of the high-tech products market based on a synthesis of foreign and Ukrainian methodological approaches and to develop a system of indicators for its evaluation. The subject of the study is theoretical and methodological approaches, principles, indicators, and analytical tools for assessing the development of high-tech products markets. The assessment is based on systemic, structural-functional, comparative, indicator-based, and integrated approaches, as well as methods of scientific generalization, classification, decomposition, and structural, trend, and international analysis. The approaches of international organizations, which are based on measuring technological intensity, innovation potential, value added, patent activity, foreign trade specialization, and participation in global value chains, have been systematized. The evaluation system is decomposed into six interrelated functional blocks: intellectual, innovation and technology, production, market, institutional, and security. Criteria for selecting and operationalizing indicators are specified to ensure measurability, comparability, data availability, interpretability, and avoidance of double counting. For construction of the composite index, min–max normalization to the [0, 1] interval is proposed, with separate transformations for stimulants and disincentive indicators. The practical significance of the results obtained consists in their potential use by government agencies, analytical institutions, scientific organizations, and business entities to monitor high-tech sectors and justify priorities in industrial, innovation, and trade policies. Research findings provided a basis for establishing the conceptual foundations of a comprehensive assessment of the development of the high-tech products market, enabling the assessment of market size and dynamics, resource availability, capacity for commercialization and production scaling, international competitiveness, the quality of the institutional environment, economic security, and resilience to external shocks.
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