EU-India BITA: First Step Towards a SAARC Economic Space? An Indian Perspective

The development of the system paradigm in economic science leads to the formulation of a number of important questions to the political economy as one of the basic directions of economic theory. In this article, on the basis of system introspection, three questions are considered. The first is the relevance of the class approach to the structuring of the socio-economic space; the second is the feasibility of revising the notion of property in the modern world; the third is the validity of the notion of changing formations as the sequence of “slave-owning system — feudal system — capitalist system”. It is shown that in modern society the system approach to the structuring of socio-economic space is more relevant than the class one. Today the classical notion of “property” does not reflect the diversity of production and economic relations in society and should be replaced by the notion of “system property”, which provides a significant expansion of the concepts of “subject of property” and “object of property”. The change of social formations along with the linear component has a more influential cyclic constituent and obeys the system-wide cyclic regularity that reflects the four-cycle sequence of the dominance of one of the subsystems of the macrosystem: project, object, environment and process.

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The innovative space as the most important element of theregional socio-economic space

Problems of Innovation and Investment Development ◽

10.33813/2224-1213.20.2019.6 ◽

2019 ◽

pp. 60-70

Author(s):

Larysa Gromozdova ◽

Inna Stenicheva

Keyword(s):

Basic Element ◽

Information Support ◽

Space Region ◽

Regional Innovation ◽

Economic Space ◽

Mechanisms Of Formation ◽

Innovation Space ◽

Space Mechanisms ◽

Constituent Elements

Purpose of the article: to determine the essence of different elements ofsocio-economic space of the region. Construction of the structure and isolationof individual elements of socio-economic space as a multi-vector formation.This article highlights the essence and different approaches to defining theconcepts, structure and mechanisms of formation of economic and social spacesof the region, innovation space as a basic element of socio-economic space.Research Methods: The methodological basis of the research is the fundamentalprinciples of economic theory, regional economy, scientific views and approachesof foreign and domestic scientists. To achieve the purpose of the study, themethods used at the empirical and theoretical levels were used: axiomatic,abstract, system-structural analysis, analogies and comparisons, graphoanalytic,by which the characterization of the nature of the concepts of space, socioeconomic space, as well as innovation space region. Their general properties,structure and functions are described.The criteria of optimality and balancesof interests in the formation of different types of space in the region areconsidered. The classification of the regional space is proposed, and the networkconnections of the innovation space according to components and elements arerevealed, which allows to study deeply the social, economic and other problemsof development of the region.Scientific novelty: the classification of regionalspace by separate constituent elements is proposed. The concept of “innovationspace” was introduced into scientific circulation, the scheme of networkconnections of the innovation space with other elements of the regional socioeconomic space was developed. Conclusions and Prospects for Further Research:In today’s context, it is possible to significantly improve the economic stateof development of Ukrainian regions by using a scientifically sound andcomprehensive approach to defining and studying the concepts of socioeconomic and innovative space.In the further study it is necessary to considerin detail the mechanism of organizational activity of innovation space in theregion. It is very important to pay attention to information support for theformation of the innovation space, the creation of a regional legal field ofinnovation space, mechanisms for coordinating regional innovation activitieswithin the innovation space, as well as the influence of internal and externalfactors on the formation and development of the innovation space.

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