scholarly journals India’s Innovation Policy: Current State and Features of the Indian Model

2020 ◽  
Vol 11 (4) ◽  
pp. 370-383
Author(s):  
E. P. Shavlay
Keyword(s):  
Quantitative Methods ◽  
Innovation Policy ◽  
Government Support ◽  
High Tech ◽  
Innovative Development ◽  
Scientific Methods ◽  
Current State ◽  
Indian Experience ◽  
The Government ◽  
Economic Nature

Purpose: this article analyzes India’s innovation development model. In this regard, the author aims to examine the current state of India's innovation policy as well as its features as one of the tools for solving the socio-economic problems of the state.Methods: the author applies general scientific methods of logical analysis, comparison and generalization, as well as quantitative methods (graphical and tabular methods, and descriptive statistics). In addition, the article embraces a systematic approach that contributes to a holistic consideration of the research subject.Results: the article provides an overview of the fundamental documents and projects of the state's innovation policy, studies India’s positions in world innovation ratings as well as notes the unique features of the Indian model of innovative development associated with the government strategy adjusted to the socio-economic, cultural and civilizational features of this country.Conclusions and Relevance: the article addresses the distinguishing characteristics which have eventually become disadvantages of the existing system and touches upon the reasons that hinder the development of innovations and prevent the country from achieving tangible results in this domain. The author concludes that without systematic government support, appropriate staffing, and functioning triple helix model involving academia, industry, and government, the country's innovative development will be limited, and India will fail to address the ever-widening gap between grassroots and high-tech innovation sectors will continue to grow. Still, Russia may learn a lot from the Indian experience as it also aims at solving its “grand challenges”, including those of social and economic nature, by the means of innovations.

scholarly journals Factors Influencing Food Shortage in Mtwara Mikindani Municipality, Tanzania

2018 ◽  
Vol 5 (2) ◽  
pp. 123-130
Author(s):  
Robert Ngelela Shole
Keyword(s):  
Food Shortage ◽  
Government Support ◽  
Strong Base ◽  
Scientific Methods ◽  
Factors Influencing ◽  
The Status ◽  
Probable Answer ◽  
The Government ◽  
Small Producers ◽  
Structured Questionnaire

Globally food shortage is still a problem for instance Africa, the most of popular region in the world still has the highest of under nourished. The probable answer to what are the factors influencing food shortage In Tanzania are not well known and documented. This study sought to assess the factors influencing the food shortage in Mtwara Mikindani Municipality by identifying factors influencing food shortage, determining the status of food availability and accessibility and finding out the possible measures to be taken in order to overcome the problem of food. Structured questionnaire, observation and Oral interview had been useful for collecting primary information in which the best recorded interviewees were analyzed supplemented by documentaries. Generally, this study concludes that food shortage in the study area is influencing by, climate change, bad tradition believe, poor government support, laziness culture, land degradation and infertility land. However, the government should not delay to implement its policies practically especially to the small producers so as to establish strong base on agriculture. Also, the government to employ as many as it can agricultural officers so as to allow farmers to get frequent visitors who will  advise them on how to produce efficiently their products by using irrigation methods and scientific methods like the use of improved seeds.  

scholarly journals China venture market overview

2019 ◽  
Vol 27 (4) ◽  
pp. 753-760
Author(s):  
Marina S. Reshetnikova
Keyword(s):  
Capital Market ◽  
Small And Medium Enterprises ◽  
Scaling Up ◽  
Chinese Economy ◽  
High Tech ◽  
Stage Of Development ◽  
Current State ◽  
New Development ◽  
The Government ◽  
Medium Enterprises

Today the Chinese economy has rapidly begun the transition to a new stage of development. Its basis is high-tech production and national breakthrough technologies. This process happens due to the transformation of the government strategy in the direction of scaling up innovation through the inclusion of small and medium enterprises. China has been able to raise venture investments for its new development plan. However, since 2016, the rapid growth of the Chinese venture market has raised many concerns. The purpose of the study was to analyze and assess the current state of China's venture capital market. The research proved that, despite signs of overheating, it is still premature to talk about the formation of a “bubble” in the Chinese venture market. The article concludes with a discussion that China is transforming itself again and that the next wave of innovation and private entrepreneurship will be the wave of the future, with substantial global consequences.

scholarly journals STATE AND PROSPECTS FOR THE DEVELOPMENT OF GROWING AND PROCESSING OF WALNUTS IN UKRAINE

2021 ◽  
pp. 18-28
Author(s):  
Katerina Mazur ◽  
Yaroslav Gontaruk
Keyword(s):  
Land Reform ◽  
Raw Materials ◽  
Marketing Strategies ◽  
Government Support ◽  
High Tech ◽  
Deep Processing ◽  
Agricultural Producers ◽  
Current State ◽  
Yield Production ◽  
Analysis And Synthesis

Introduction. The current state of development of walnut production in Ukraine is unsatisfactory. This product is very promising for growing in all regions of Ukraine. In the context of land reform, the urgent issue is to find ways to use land resources more efficiently, and growing walnuts is one way to maximize the profits of farmers. Methods. The following methods were used in the article during the work as: analysis and synthesis - in determining the system-forming factors of the development of walnut production; comparison - to determine the benefits of the proposed method of growing and selling walnuts; formalization - in the development of a systematic approach to the production and sale of nuts by farms. Results. The volumes of production, yield and sales of walnuts in Ukraine are studied. Possible directions of use of products from nut kernel and production waste are determined. The need for the development of farms for the production and processing of walnuts is argued. A business plan for the restructuring of farms with a focus on deep processing of walnuts is proposed. Discussion. Walnut production in Ukraine is currently concentrated in private farms, the relevant products cannot be standardized. Most of these products are sold as kernels and are exported. This type of activity is one of the most promising, especially in farms, with proper government support. The development of production with a focus on deep processing will make it possible to maximize the profits of agricultural producers and provide raw materials to the pharmaceutical industry for the production of activated carbon and carbon-containing high-tech products (processing of nut shells). Implementation of the developed startup "Nut Craft" on the restructuring of farms in Ukraine will promote the development of farms. In the future, marketing strategies for promoting walnut processing products on the Ukrainian market will be studied. Keywords: walnut, yield, production, restructuring, processing, farms, efficiency.

scholarly journals PROBLEMS OF STATE REGULATION OF INNOVATIVE ACTIVITY IN CONSTRUCTION

2020 ◽  
Author(s):  
Tetiana Zaiats ◽  
Keyword(s):  
Innovation Policy ◽  
State Regulation ◽  
Innovative Activity ◽  
Information Modeling ◽  
Innovation Activity ◽  
High Tech ◽  
Innovative Development ◽  
Resource Saving ◽  
Development Organization ◽  
State Management

The article identifies the problems of state regulation of innovation in construction and substantiates the main directions of improving its efficiency. The Bloomberg Innovation Index was used to assess the general state of innovation in Ukraine. Dynamic analysis of Ukraine's position in the ranking of the Bloomberg Innovation Index as a whole and by individual sub-indices of 2018–2020 revealed such problems as the reduction of production of high-tech goods, labor productivity, intensity of research and development. The study of innovation management was performed using a situational approach. It is established that the state regulation of innovation is mainly based on the methods of indirect influence. It is emphasized that in the conditions of economic crisis it is expedient to prefer methods of direct state regulation. The analysis revealed a range of problems related to forecasting and programming of innovation development, organization and coordination of relevant bodies in the implementation of innovation policy, regulation, financial and investment support for innovation, insufficient stimulation of demand for innovative products, unsatisfactory state of protection of intellectual property rights. The problems of state management of innovation activity are specified. The imbalance of the branch, national and regional programs of innovative development coordinating was revealed. Problems and directions of development of infrastructure of innovative activity are defined. Perspective directions of technological renewal of construction are defined, in particular development of resource-saving, energy-efficient technologies, introduction of Building Information Modeling technologies. The organization of public and private mortgage funds is offered, which will allow to receive financial resources at a low interest rate. It is established that the underdevelopment of the financial market of Ukraine most slows down the solution of problems of financing innovative activities in construction through the attraction of credit, venture capital, state budget funds for innovative development of the construction sector.

Trends in the Innovative Development of the Credit Market and Its Role in Promoting the National Economic Growth

2019 ◽  
Vol 12 (3) ◽  
pp. 59-67
Author(s):  
N. E. Brovkina
Keyword(s):  
National Economy ◽  
Innovation Process ◽  
Credit Market ◽  
Government Support ◽  
Customer Relationship ◽  
Innovative Development ◽  
Digital Environment ◽  
Active Involvement ◽  
The Government ◽  
Credit Institutions

The subject of the research is the credit market as a significant but currently underestimated and underused institution of the innovative development of the national economy.The purpose of the research was a system study of the trends in the innovative development of the credit market contributing to accelerating the innovative development of the country and creating the potential for entering the top five economies in the world.Results of the research: three trends in the innovative development of the national credit market have been revealed. The first trend concerns the formation of a digital environment for the credit market players. The second trend is creating conditions ensuring a more active participation of credit institutions in financing and crediting projects that ensure the modernization and innovative development of the national economy. The third trend is the innovative development of credit institutions themselves.Conclusions based on the research findings: to establish the digital environment for credit market players, it is necessary to create a credit market ecosystem based on the Bank of Russia’s platform integrated with the ecosystems of major credit institutions, medium and small bank platforms and credit market infrastructure organizations. In terms of creating conditions for more active involvement of credit institutions in innovative project financing and crediting, measures should be taken to form the flow of demand for innovations, create the innovation infrastructure, seek the government support for the integration of the credit market in the innovation process. The innovative development of credit institutions themselves is suggested to be viewed as a continuous renovation process aimed at meeting and anticipating financial and non-financial needs of customers through the use of digital technologies and the customer relationship management experience.

Derivatives: Classification and Regulatory Issues

2021 ◽  
Vol 27 (8) ◽  
pp. 1813-1827
Author(s):  
Lyudmila A. GUZIKOVA ◽  
Natal’ya A. KIM
Keyword(s):  
Best Practices ◽  
Financial Instruments ◽  
Scientific Methods ◽  
Regulatory Issues ◽  
Market Participants ◽  
Current State ◽  
Economic Transformations ◽  
General Scientific ◽  
The Government ◽  
Goals And Objectives

Subject. We investigate problems of development and regulation of derivative financial instruments (DFI) in Russia. Objectives. The purpose is to consider trends in the regulation of derivatives. Methods. The study draws on general scientific methods. Results. Based on the analysis of best practices, we confirm the need to regulate derivative financial instruments and identify major requirements for the regulation. The paper describes the history and current state of DFI regulation in Russia, analyzes the opinions of researchers and experts regarding the government intervention in the DFI market functioning. Approaches to regulation are linked to the goals and objectives of market participants and macroeconomic functions of the market. The paper also shows mechanisms by which derivatives affect the level of systemic risk in the economy and proves the importance of organizational and economic transformations in the field of DFI. Conclusions. The paper states priority tasks and practical steps in the regulation of DFI in Russia.

scholarly journals Evaluation of innovative development of the Russian Federation based on the 2020 vision and strategy indicators

2019 ◽  
Vol 81 (2) ◽  
pp. 377-382 ◽  
Author(s):  
Y. V. Zhuravlev ◽  
I. V. Kuksova ◽  
E. A. Gubertov ◽  
L. I. Churikov
Keyword(s):  
Russian Federation ◽  
Statistical Data ◽  
High Tech ◽  
Innovative Development ◽  
Current Time ◽  
Target Values ◽  
Wide Range ◽  
Macroeconomic Indicators ◽  
The Russian Federation ◽  
The Government

The main indicators of the innovative development of the Russian Federation are considered on the basis of the data presented in two regulatory documents developed in 2008 and 2011. The indicators cover a wide range of areas of socio-economic development, and their values should be achieved by 2020. However, the targets of macroeconomic indicators laid down in the documents at the current moment of time are seen to be overestimated. The analysis of the main achievements in the field of innovative development of our country over a ten-year period is carried out. For the analysis, a set of statistical data published in various sources was used, as well as the values of target macroeconomic indicators published in the concept and strategy. Based on the assessment of indicators and their deviations, an analysis is made of the success of the innovative development of Russia in various areas - from the development of the high-tech sector to the publication activity of the authors. Based on the results obtained, it was concluded that these or those target values of macroeconomic indicators have been achieved at the current time and an assumption about achieving these values by 2020. In addition, based on the analysis, it was determined which of the three options for innovative development our country is implementing at the present stage. The main reasons that prevented the experts and the Government of the Russian Federation from reaching the main target indicators of the concept and strategy and transferring our country to “innovative tracks” are summarized.

scholarly journals Digitalization of the Japanese Economy by the Example of the Banking Sector: Current Results, Prospects and Problems

2022 ◽  
Vol 12 (4) ◽  
pp. 434-449
Author(s):  
K. S. Kostyukova
Keyword(s):  
Banking Sector ◽  
Manufacturing Sector ◽  
Point Of View ◽  
Japanese Economy ◽  
Healthcare Sector ◽  
Scientific Methods ◽  
Current State ◽  
The Government ◽  
The Stability ◽  
Role Of The Government

Purpose: the purpose of this study is to examine the current state of Japan's digital transformation, with a focus on the banking sector, analyzing specifc examples, identifying obstacles that hinder the achievement of expected results.Methods: the article is based on the analysis of scientifc and analytical materials devoted to the problem of research, a set of general scientific methods is applied, including comparison, scientifc generalization, analogy, etc.Results: the article presents the main trends and current results of digitalization of Japanese banks, provides examples of projects, identifies problematic areas of the implemented policy. A hypothesis is put forward about the key role of the government in the development of new standards for the organization of work, taking into account the use of innovative technologies. For Japan, digitalization is chosen as a key tool to mitigate the current socio-economic situation. Digitalization is already being implemented in the healthcare sector, agriculture, etc. Another sector at the center of digitalization is the fnancial one. Financial technologies form new markets and products. Non-banking companies penetrate into the areas occupied by classical banks, competing and even displacing them.These processes are observed both in Japan and in other countries of the world, including Russia. Therefore, studying the Japanese experience of integrating digital technologies into the fnancial sector is important. Although Russia is among the leaders in the digitalization of the financial sector, it is difcult for fntech companies to break into the Russian market due to pressure from large classical banks, as well as the lack of trust in fntech companies from the population.Conclusions and Relevance: in contrast to the manufacturing sector, digitalization of non-manufacturing areas is slower in Japan. This is due to a shortage of qualifed personnel, fnancial risks, etc. Today, the priority for fnancial institutions remains to create the basis for the introduction of digitalization and improve management efciency. From the point of view of ensuring the stability of the fnancial system, it is expected that the Bank of Japan, together with the government, will encourage initiatives in the feld of fnancial development.

scholarly journals THEORETICAL BASES AND PRACTICAL ASPECTS OF SCALING HIGH-TECHNOLOGY DRIVER COMPANIES INNOVATIVE DEVELOPMENT

2020 ◽  
Vol 2 (29(56)) ◽  
pp. 39-41
Author(s):  
I.O. Malyhina
Keyword(s):  
System Analysis ◽  
Technological Development ◽  
High Tech ◽  
Innovative Development ◽  
Synthesis System ◽  
Scientific Methods ◽  
Analysis And Synthesis ◽  
General Scientific ◽  
Definition Of ◽  
Theoretical Foundations

The relevance of the study is confirmed by the high importance of innovative and technological development of the economy. The aim of the study is to analyze the theoretical foundations of scaling high-tech companies, drivers of innovative development. Thebasis of the study was general scientific methods: analysis and synthesis, system analysis, induction. The author's definition of high-tech companies-drivers. The theoretical foundations for scaling up high-tech companies as the basis for innovative and technological development of the economy have been improved.

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