Author: O. Bulkot, PhD in Economics, Ass. Prof., ORCID ID: 0000-0002-6311-1459
Taras Shevchenko National University of Kyiv, Kyiv, Ukraine
Annotation: This article is devoted to defining the essence of the concept of an “investment ecosystem”. A comprehensive content analysis of the concepts
“system”, “ecosystem”, and “entrepreneurial ecosystem” was carried out, based on which common characteristics were identified and summarized,
which made it possible to conclude the feasibility of applying the concept of natural ecosystems for the analysis of investment processes in the
national economy. The author defined the components of the analysis of the categorical and conceptual apparatus, which included investment
potential, investment attractiveness, investment environment, investment cluster, and investment ecosystem.
Based on the study of existing approaches, the interpretation of the category “investment environment of the country” is generalized. The analysis of the mentioned concepts made it possible to identify their common and distinctive features and to conclude that none of the categories fully possesses neither the complementary
composition of participants, functional features, or a specific mechanism of internal and external interaction to be considered a full-fledged
investment ecosystem. Extrapolating the concept of the ecosystem to investment activity, we can state that based on the synthesis of theoretical
concepts and their extrapolation to the mechanisms of implementation of investment activity, it has been proven that implementing the theory of
open systems allows to interpret the investment system as an open-type association of its structural elements and mechanisms of their interaction,
which includes it has both open (investment environment) and closed (investment-innovation clusters) subsystems, and its evaluation should
consider the effectiveness of the entire investment system which directly depends on their interconnection, interdependence, complementarity and
synergy. The conducted study of the conceptual apparatus made it possible to propose the author’s category “investment ecosystem”.
Keywords: investment ecosystem, investment environment, investment potential, investment privatility, investment cluster.
Received: 15/06/2022
1st Revision: 30/06/2022
Accepted: 07/07/2022
DOI: https://doi.org/10.17721/1728-2667.2022/219-2/1
References (in Latin): Translation / Transliteration/ Transcription
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