How important are institutions for innovation and global competitiveness

Author(s):  
Rogério Scabim Morano ◽  
Alcides Barrichello ◽  
Emerson G. Dos Santos
2004 ◽  
pp. 66-76
Author(s):  
E. Hershberg

The influence of globalization on international competitiveness is considered in the article. Two strategies of economic growth are pointed out: the low road, that is producing more at lower cost and lower wages, with increasingly intensive exploitation of labor and environment, and the high road, that is upgrading capabilities in order to produce better basing on knowledge. Restrictions for developing countries trying to reach global competitiveness are formulated. Special attention is paid to the concept of upgrading and opportunities of joining transnational value chains. The importance of learning and forming social and political institutions for successful upgrading of the economy is stressed.


2017 ◽  
pp. 58-76 ◽  
Author(s):  
A. Karpov

The paper considers the modern university as an economic growth driver within the University 3.0 concept (education, research, and commercialization of knowledge). It demonstrates how the University 3.0 is becoming the basis for global competitiveness of national economies and international alliances, and how its business ecosystem generates new fast-growing industries, advanced technology markets and cost-efficient administrative territories.


Author(s):  
Tetiana Petrushyna ◽  
Anatolii Arseienko

Globalization remains the most common and quite controversial concept in modern social discourse. Within the theoretical and conceptual sociological dimension, the authors analyzed the essence of economic globalization (EG) as its defining type. They studied globalization as an objective process (first of all, the international division of labour) and the subjective process of forming a global capitalist economy under the auspices of leading Western countries, supranational financial and economic institutions (primarily the World Bank and the IMF), TNCs. As the main drivers of globalization, they determine its forms and directions in the interests of the "core" of global capitalism. Within the empirical sociological dimension of EG (which involves measuring the various manifestations of the EG process itself as well as its social consequences), the authors paid particular attention to the analysis of social changes in Ukrainian society. The capitalization of the Ukrainian economy, which took place in parallel with Ukraine’s entry into the global economic space, led to degradation of the national economy, significant deterioration of living standards of most citizens, creation of anti-social state with the systemic crisis as its main attribute. To prove these conclusions, the authors analyzed the dynamics of the principal macroeconomic and sociological indicators of Ukrainian society’s life for almost 30 years of drift to the roadside of the global capitalist world, based on the study of numerous domestic and foreign sources. The authors focused on the research of eight critical areas of social changes: deindustrialization of the economy, global competitiveness and innovation, GDP dynamics, employment, income and welfare of the population, socioeconomic inequality, debt dependence and degradation of Ukrainian science. The analysis shows the need to abandon the neoliberal paradigm of development and search for the alternative and more fair models of EG.


2018 ◽  
Vol 9 (1) ◽  
pp. 93-100
Author(s):  
Evelyne Ingrid Mitu ◽  
Mile Vasic

Abstract Despite the differences between Japanese and styles, both will have a huge impact on their national economies. In terms of cultural management styles will continue to present significant differences. Although nothing is certain, both Americans and Japanese must continue to adapt their management styles to maintain global competitiveness. In general, human resources, labor relations within organizations are mainly features that differentiate the Japanese management system of other countries, especially the US.


Author(s):  
Olena Zayats ◽  

The article examines the competitive status and competitive positions of Ukraine. It proves that in the current context the competitive status of the national economy is determined by the presence of a strong global competitive force that provides dynamic growth based on innovation potential, developed institutions, infrastructure, ICT adoption, macroeconomic stability, health, skills, product market, labor market, financial system, market size, business dynamism rather than by traditional factors (natural resources, geopolitical situation). It has been identified that a wide range of factors in global competitive force establishment suggests the complexity of its assessment. It has been noted that in world economic practice the Global Competitiveness Index of the World Economic Forum is predominantly used to assess the competitive status of the national economy. It has been determined that according to this index, in the overall ranking among 141 countries in 2019, Ukraine ranked 85th (2009-2010 – 82/133; 2018 – 83/140). The article analyzes of the competitive status of Ukraine in the international arena in terms of twelve pillars of the studied index and in the context of components of the said pillars. The dynamics of Ukraine's global competitive force in recent years shows that there has not been any build up. However, if one analyzes it in terms of the criteria of the global competitive force of the domestic economy, their assessment is volatile: the main regression can be traced in the sphere of the financial system, where Ukraine dropped by 19 positions in one year (2018 – 117/140, 2019 – 136/141), and the greatest progress is observed in the product market, where Ukraine rose by 16 positions in one year (2018 – 73/140, 2019 – 57/141). Analysis of the components of Ukraine’s global competitive force criteria shows that the worst positions in terms of such components are as follows: non-performing loans (% of gross total loans) – 139/141 and soundness of banks – 131/141. The best positions are in terms of the following components: costs of starting a business – 14/141 and attitude towards entrepreneurial risk – 18/141.


2016 ◽  
Vol 1 (2) ◽  
pp. 164 ◽  
Author(s):  
Matea Zlatković

Foreign direct investments present a valuable source of national competitiveness as they have attributes of capital flows provide knowledge and technology transfer from one country to target country. In this paper are used variables defined by World Economic Forum which construct Global Competitiveness Index for assessing competitiveness of the country. The purpose of the research is to examine does the national competitiveness increase enhance the level of FDI flows in transition Western Balkan economies that are not yet full members of European Union. The findings claim that larger increase in FDI per capita stocks in majority analyzed countries would have if making infrastructure more competitiveness, accelerate their technological readiness and improve innovation while certain countries should work on health and primary education and higher education and training. According to the results, there is no correlation between FDI flows and macroeconomic environment, institutions, development of financial markets, good market efficiency, labor market efficiency and business sophistication. Applying benchmark method, it is established the most competitive WB country as benchmark value for other transition countries in its neighborhood for enhancing their competitiveness, specially in the regional market. Also, it is obtained what if analysis to detect potential rise of FDI per capita stocks as a consequence of potential changes in some competitiveness variables. It is also calculated the potential increase in FDI/capita due to similar changes in different competitiveness variables.


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