Ottawa: Rewards for a Smart City in a Global Innovation Economy

Author(s):  
Barry Gander ◽  
Bruce Lazenby ◽  
Charles Duffett ◽  
Greg Richards ◽  
Mark Hoddenbagh ◽  
...  
Author(s):  
Svitlana Frunza ◽  
Liudmyla Romaniuk ◽  
Daria Nasypaiko

The purpose of the article is to study the features of financing the production of intellectual products of multinational corporations in the context of globalization. Research methodology – system-structural and comparative research (to understand the logic of financing the production of intellectual products of multinational corporations), statistical and economic analysis (in assessing the status and prospects of the role of transnational corporations). The scientific novelty is to substantiate the peculiarities of financial management in multinational companies and to determine the main aspects of international financial management, which will increase the production of intellectual products of multinational corporations and the development of international economic relations. The article identifies the distinctive features of modern multinational companies and technologically sound strategies that contribute to their economic success. The main ways to obtain long- term investments and the peculiarities of the formation of strategic alliances and their agreements are clarified. Various forms of international cooperation are considered. Conclusions. According to the results of the study, it was concluded that the role of transnational corporations is growing, which is determined by their participation in world gross domestic product, increasing the share of international movement of capital, labor and other resources. Their importance in the world economy is evidenced by the scale of foreign operations in all sectors and areas of social production. The main obstacles to the financing of multinational corporations are the disagreement of the interests of companies and governments of the host countries, taking into account economic, political, monetary, financial and legal risks. Ukraine is able to use the model of open innovation networks as a key to entering the global innovation economy in line with current trends. Keywords: transnational corporations, transnationalization, investments, innovations, research and development, research and development works.


Author(s):  
Nigel Culkin ◽  
Richard Simmons

2021 ◽  
Vol 45 (4) ◽  
pp. 111-120
Author(s):  
S.I. Zakharov ◽  

The object of the study is senior employees at all levels of management at industrial enterprises operating in the global innovation economy. The aim of the paper is to develop a concept for ensuring the competitiveness of managers at industrial enterprises, the use of which leads to the harmonization of the socio-economic results of the enterprise and the employee in the global innovation economy. The author applies methods of system and structural-functional analysis, questionnaires, interviews, expert assessments, statistical analysis, production experiments, timekeeping, and photography to record working hours. The research information base includes public reports of leading industrial companies; industry scientific and technical literature; reports and materials of NIIOGR; materials of international, industry, regional conferences, symposia, and seminars; the results of the author’s developments. Based on the results of the paper the author has developed a scientific concept, according to which ensuring the competitiveness of managers of industrial enterprises in the global innovation economy is achieved by increasing the dynamics of development and the efficiency of using their management potential through the formation of an internally competitive environment of the enterprise and congruent external environment. The study concludes that the proposed concept creates a basis for substantiating the criteria, methods, and methodological principles of ensuring the competitiveness of managers of industrial enterprises in the global innovation economy.


2020 ◽  
pp. 68-75
Author(s):  
I. S. Prokhorova

The subject of the study is the technological potential of innovative economy development in Russia to ensure the country’s global competitiveness in the world market. The methodological basis is the theory of technological structures. The research methodology is based on the analysis of the main indicators of technological innovation potential of the country’s economy to overcome the technological gap and implement the strategy of equal entry into the sixth technological order. The global innovation index has been analyzed in the article. The technological structure of the country’s economy in accordance with technological order has been examined. The limitations in the development of technological potential have been considered. The scientific reserve in the technology of the sixth technological order has been assessed. It has been shown, that the technological structure of the Russian economy is a weakness of innovative capacity of the country, reducing the country’s global competitiveness, technological diversity of the Russian economy caused by restrictions on the volume of investments in the industry of the new technological order, which prevents its dynamic development in the Russian economy. In this regard, the primary strategy for overcoming the technological gap of the Russian economy should be the restructuring of investments in breakthrough technologies of the sixth technological order.


Author(s):  
Иванова Ольга ◽  

The article is devoted to the study of the processes of formation of "smart" cities in Russia. The relevance of the topic is due to the need of society to renew cities, improve the quality of urban space, its ability to ensure the sustainable functioning of the city and the provision of urban services, and strengthen competitiveness. The study on the example of Yekaterinburg highlighted barriers to the introduction of "smart" solutions in the city space, which prevent the launch of processes of complex implementation of the concept "Smart City," justified recommendations for their elimination. The methodological basis of the study is based on theoretical provisions of innovation economy, strategic management, regional and spatial economy. The results of the analysis can be useful to students of higher education, postgraduate students, research scientists, specialists engaged in the development of projects for smart cities, state and municipal employees, as well as other interested persons.


Author(s):  
V. Mikheev ◽  
S. Lukonin

At the Boao Forum-2015 China fixed the main directions of its domestic and foreign policy. The major goal of its foreign policy is to actively influence the global economy development in the coming decades. The main impact directions are the following: restructuring of the world's infrastructure, changing of the global financial system, becoming one of the drivers in the global innovation economy. On a personal level, Xi Jinping continues to consistently implement its “strategic goal” – to go down in history as China's “number three leader” after Mao Zedong and Deng Xiaoping. Xi is developing his major innovations: fight against corruption, establishment of the National Security Council, development of the “Chinese Dream” concept, formulation of the “New Norm” concept in the economy and of a new foreign policy doctrine. In the foreign policy, the course of improving China's global role and building a “new type” relationship with the United States is being strengthened. In relations with Russia and the United States, Beijing is following the dual-track policy of “hedging” political risks: on one hand, talking about a “special relationship with Russia”, and on the other – using the worsening of relations between Russia and the United States in order to receive dividends from both “Russia's turn to the East” and the U.S.' desire to prevent the rapprochement between Russia and China in a new version of the “Cold War”. Prospects for a new balance of forces configuration in the West-China-Russia triangle over the next five to ten years do not appear favorable for Russia. China will continue the trend to global leadership and “partnership-rivalry” relationship with the United States. Acknowledgement. The article is prepared with fi nancial support of the Russian Humanitarian Foundation (grant no. 15-27-21002 “Eastern Europe and Russia Factor in Implementation of Chinese Silk Road Economic Belt Megastrategy”).


Author(s):  
VICTORINA H. ZOSA

This paper explores the role of entrepreneurial universities in economic growth and development. Specifically, it defines the indicators of an entrepreneurial university, traces the impact of university innovation on economic growth, and correlates the university ranking with indicators of innovation, competitiveness, and development. The Quacquarelli Symonds (QS) World University Rankings 2011/12 provided the data for entrepreneurial universities. Correlates of rankings of entrepreneurial universities include the global innovation index, global competitive index and human development index. The top 400 world universities are large (enrolment over 12,000) and historic (over 100 years). They cluster in Europe and North America, offer fully comprehensive programs, and have high research intensity. U.S. data show that university innovations contribute substantially to jobs, value creation and industry output. The Pearson coefficients indicate that QS university ranking is significantly and positively correlated with research infrastructure (gross expenditure in R&D, number of researchers, total patents) and economic development (gross national income, global competitiveness index, global innovation index and human development index). Thus, research infrastructures are necessary for entrepreneurial universities to flourish. Once established, entrepreneurial universities, through job and value creation, transforms the country into an innovation economy, boost its global competitiveness, and improve its quality of life.Keywords: Business and economics, entrepreneurial university, correlation analysis, globalranking


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