Innovative Entrepreneurship and Circular Transformation

Innovative Entrepreneurship and Circular Transformation

The team studies innovation implementation in the business environment, develops business plans for innovative projects, prepares feasibility studies for digital and industrial solutions, and designs new business models based on circular economy principles.

Our work combines market research, risk assessment, and strategy development to help businesses ensure innovative growth and adapt to global challenges.

Relevance for Ukraine and the world

Innovative entrepreneurship, market analytics, and business planning for innovation projects make Ukrainian businesses more resilient amid EU integration — enabling accurate demand assessment, viable business models, and solutions competitive across the EU and globally.

European Integration and Economic Resilience

The European economic space requires businesses to adapt to new rules of competition and standards, creating demand for innovation-driven enterprises capable of operating under EU regulations.

Circular Economy as a Global Trend

The transition from linear models to resource reuse is a global trend. Businesses need tools to implement circular transformation, assess barriers, and develop performance metrics.

Demand for Analytics and Market Research

Companies are looking for partners capable of conducting comprehensive market research, competitor analysis, and trend assessments. Ukrainian experts can deliver analytics that meet international standards.

What does the focus area cover?

Feasibility studies for the implementation of innovative and digital projects

Market analysis, including volume, trends, competitors, and target audiences

Business process audits to identify inefficiencies and bottlenecks

Evaluation of digital technologies and analysis of their functionality

Integration of Agile approaches into feasibility studies for projects with high uncertainty

Development of methods for identifying and managing innovation and digitalization risks (technological, market, and cybersecurity risks)

Development of business circular transformation strategies and new models

Analysis of market readiness for circular solutions and resource reuse scenarios

Identification of barriers to circular economy (organizational, technical, regulatory, and cultural)

Development of metrics for measuring the effectiveness of circular initiatives

Assessment of the competitiveness of the economy and infrastructure

Analysis of EU integration in the railway sector, new logistics corridors, and the impact of competition on economic resilience

Why Us

We combine UkrSURT’s strong academic foundation, Algorithm Group’s practical implementation experience, and the deep expertise of our international partners.

Scientific Expertise and Team

We operate based on the Department of Economics and Management of Industrial and Commercial Business at UkrSURT. The team is led by professors and associate professors with many years of research and consulting experience in enterprise innovation management.

Circular Solutions

We develop tailored strategies for transitioning to a circular economy that take into account industry specifics, market readiness, and the enterprise’s capabilities.

Practical Focus

We have experience in preparing feasibility studies, business plans, and regulatory documents that have been successfully implemented in industry and transport infrastructure.

Comprehensive Approach

Among the park’s co-founders are Verifika LLC, which specializes in environmental audits and permitting documentation, and the accredited verifier Promeko LLC. This enables us to provide clients with a full project cycle — from the idea of an innovative project to its implementation.

Focus Area Team

Volodymyr Dykan

Doctor of Economic Sciences, Professor, Head of Department, Head of the “Innovative Entrepreneurship and Circular Transformation” focus area

Iryna Tokmakova

Doctor of Economic Sciences, Professor, Department of Economics and Management of Industrial and Commercial Business

Viktoriia Ovchynnikova

Doctor of Economic Sciences, Professor, Department of Economics and Management of Industrial and Commercial Business

Myroslava Korin

Doctor of Economic Sciences, Professor, Department of Economics and Management of Industrial and Commercial Business

Hanna Obruch

Doctor of Economic Sciences, Associate Professor, Department of Economics and Management of Industrial and Commercial Business

Laboratories

ACADEMTEST Laboratory for Testing Materials and Structures

Material testing, technical diagnostics, and structural assessment.

The laboratory is accredited by the National Accreditation Agency of Ukraine and operates in accordance with international standards, including ISO/IEC 17025. It provides objective quality verification and prepares full protocol packages.

Features

• high-precision equipment: universal testing machines, hardness testers, spectrometers, optical devices;
• many years of experience in industry, energy, transport, and the defense sector.

Services

• non-destructive testing;
• mechanical testing;
• hardness testing;
• other tests.

INTEROILANALYTICS Laboratory for Fuel and Lubricant Analysis

Laboratory research of lubricants, fluids, and fuel materials.

The laboratory performs comprehensive chemical and physico-chemical analysis of products according to international standards. It provides reliable results to determine the quality, service life, and compliance of products with regulatory requirements.

Features

• professionally calibrated equipment;
• complete database of test methods;
• focus on the needs of industrial and transport companies.

Services

• analysis of the composition and properties of lubricants and fluids;
• determination of additive content;
• evaluation of residual life of fuel and lubricants;
• detection of impurities and wear indicators.

VIATEST Laboratory for Determining Physical and Mechanical Properties of Construction Materials

Testing materials for road construction and infrastructure.

The laboratory studies materials used in the construction, repair, and maintenance of roads and engineering structures. It ensures accurate results thanks to the team’s long-term experience, modern equipment, and top-tier methodologies.

Features

• wide range of tests on road and construction materials;
• testing of transport and operational properties of roads;
• modern laboratory equipment;
• quality control during works;
• expert assessment with high precision.

Services

• analysis of soils, sand, crushed stone, and mixtures;
• testing of concrete, cement, and reinforced concrete;
• evaluation of bitumen, asphalt, and road mixtures;
• testing of road signs and marking materials;
• quality control of works and structures.

Cases

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