scholarly journals INNOVATIONS IN THE STRUCTURE AND METHODOLOGY OF CALCULATION OF THE GLOBAL COMPETITIVENESS INDEX

2019 ◽  
pp. 45-59
Author(s):  
Denis A. Strokatov
Keyword(s):  
World Economy ◽  
Industrial Revolution ◽  
Global Competitiveness ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
High Degree ◽  
Global Competitiveness Report ◽  
Made In

In October 2018 an updated Global Competitiveness Index (GCI) 4.0 was introduced in the Global Competitiveness Report2018. Inthe article identify the main differences in the structure and methodology of calculating GCI in the editions of the Global Competitiveness Report 2017–2018 and the Global Competitiveness Report2018. Areview of a number of sources showed that researchers don’t pay enough attention to innovations in the structure and methodology of calculating GCI 4.0. As a result of analyzing the structure and methodology of calculating GCI 4.0, it was revealed that a number of adjustments were made in the Index aimed at marking the importance of the Fourth Industrial Revolution, equalization the conditions when calculating the Index for countries at different stages of development, and taking into account current tendencies of the world economy. In conclusion, the author emphasizes that these innovations have reduced the high degree of subjectivity of the GCI, eliminated a number of difficulties in independent determining the value of the Index and increased the transparency of the calculations.

scholarly journals SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENT AS A FACTOR OF ACCELERATING ECONOMIC GROWTH IN RUSSIA

2021 ◽  
Vol 230 (4) ◽  
pp. 237-244
Author(s):  
E.B. LENCHUK ◽  
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Large Scale ◽  
Industrial Revolution ◽  
Technological Development ◽  
Technological Basis ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Sustainable Economic Growth ◽  
Scientific And Technological Development

The article deals with the modern processes of changing the technological basis of the world economy on the basis of large-scale transition to the use of technologies of the fourth industrial revolution, shaping new markets and opens up prospects for sustainable economic growth. It is in the scientific and technological sphere that the competition between countries is shifting. Russia remains nearly invisible player in this field. The author tried to consider the main reasons for such a lag and identify a set of measures of state scientific and technological policy that can give the necessary impetus to the scientific and technological development of Russia.

The Brexitologic of Competitiveness

2019 ◽  
Vol 12 (42) ◽  
pp. 147-171
Author(s):  
Denisa Čiderová ◽  
Dubravka Kovačević ◽  
Jozef Čerňák
Keyword(s):  
Industrial Revolution ◽  
Adam Smith ◽  
The European Union ◽  
Global Competitiveness ◽  
War Of Independence ◽  
American Colonies ◽  
The World ◽  
Global Competitiveness Index ◽  
Wealth Of Nations ◽  
Boston Tea Party

Abstract Adam Smith finalised his magnum opus An Inquiry into the Nature and Causes of the Wealth of Nations between 1773 (Boston Tea Party) and 1776 (Declaration of Independence), and in its final paragraph Britain should “endeavour to accommodate her future views and designs to the real mediocrity of her circumstances”. The Wealth of Nations was “aimed to influence British MPs [Members of Parliament] to support a peaceful resolution to the American colonies’ War of Independence”, A. Smith “urged legislators to awaken from the “golden dream” of empire and avoid “a long, expensive and ruinous war”“, and “rejection of the protectionist Corn Laws in favour of opening up to the world economy marked the start of an era of globalization which contributed to Britain’s prosperity”, as Yueh (2019, p. 16f) puts it. Over the years, industrialization brought about by the Industrial Revolution has been challenged by deindustrialization, globalization by deglobalization. So with the “Brexit issue” at stake, what has been the “Brexitologic of Competitiveness”? In an earlier relevant series of analyses published by Čiderová et al. between 2012-2014 our focus was on the Global Competitiveness Index (alias the GCI by the World Economic Forum) in a spectrum of territorial and temporal perspectives related to the European Union. Now, in this follow-up comparative study zooming out to globalization and zooming in to competitiveness, our focus is streamlined to the “openended Brexit issue” on the background of updates of the GCI (alias GCI 4.0) and the KOF Globalisation Index (the latter by ETH Zürich).

From Redistributing Wealth to Creating Prosperity in the Russian Federation: Findings from the Global Competitiveness Index (The Russia Competiveness Report 2011. Ch. 1.1 / World Economic Forum, Eurasia Comtetiveness Institute)

2011 ◽  
pp. 4-40
Author(s):  
M. Drzeniek-Hanouz ◽  
A. Prazdnichnykh
Keyword(s):  
Russian Federation ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
The World ◽  
World Economic ◽  
Global Competitiveness Index ◽  
The Russian Federation ◽  
Competitiveness Index

The journal version of Chapter 1.1 of "The Russia Competitiveness Report 2011: Laying the Foundation for Sustainable Prosperity" prepared by the World Economic Forum and Eurasia Competitiveness Institute analyzes major problems Russia is faced with in this field. Three advantages and five systemic weaknesses of the country are considered. The analysis on the basis of the Global Competitiveness Index shows that real improvements along these five directions could lead to significant increase in competitiveness and growth of welfare in Russia.

scholarly journals Business dynamism in the world economy

2020 ◽  
Vol 18 (3) ◽  
pp. 160-169
Author(s):  
Zuzana Virglerova ◽  
Felice Addeo ◽  
Eliska Zapletalikova
Keyword(s):  
Value Added ◽  
Point Of View ◽  
Global Competitiveness ◽  
Start Up ◽  
New Business ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
The Relationship ◽  
Global Competitiveness Report ◽  
The Eu

The creation and growth of new enterprises and, on the other hand, their decline and market exit are crucial factors of business dynamism and economic growth. Thus, business dynamism is an important aspect in the market chain and productivity of an economy, as well as a trigger for market reforms. The aim is to analyze business dynamism using Global Competitiveness Index 4.0 and its variables worldwide and to verify the relationship between business dynamism in the EU states and economic characteristics such as Valued added at factor cost, Enterprise Birth Rate and Enterprise Death Rate. Data were collected from the 2019 Global Competitiveness Report and from the EUROSTAT database, using the most recently updated source for each indicator. The 11th pillar of the Global Competitiveness Index, focused on business dynamics, and a set of indicators were analyzed using PCA to verify if all the variables are effective representatives of the concept. It was found out that the pillar does not effectively represent the concept of business dynamism in case of the EU countries; therefore the new pillar was constructed. A strong and statistically significant correlation between business dynamism and Value Added was confirmed. A relationship between business dynamism and other economic indicators was not proven. From a territorial point of view, Oceania achieved the best overall result in the analyzed field. The process of starting a new business is the most challenging in terms of start-up costs in South America. By contrast, the EU has reached the best result in this process.

scholarly journals KEY TRENDS IN THE WORLD ECONOMY DEVELOPMENT: NEW CHALLENGES AND PROSPECTS

2021 ◽  
Vol 17 (1) ◽  
pp. 3-17
Author(s):  
Олександр Амоша ◽  
Ірина Підоричева ◽  
Анатолій Землянкін
Keyword(s):  
World Economy ◽  
Industrial Revolution ◽  
Technological Development ◽  
Strategic Decisions ◽  
Development Trends ◽  
Fourth Industrial Revolution ◽  
Public Corporations ◽  
The World ◽  
Analysis And Synthesis ◽  
Private And Public

Introduction. Globalization 4.0 and the underlying technological innovations have been leading the world into a new phase of development – cyber-physical systems and talents – an era that has no historical precedent in terms of scale, speed, and depth of changes. Problem Statement. The latest waves of globalization and industrial revolution bear unprecedented challenges and development prospects that countries, regions, corporations, and individuals must be aware of in order to adequately respond and to make adequate decisions. Purpose. Identification and analysis of key development trends in the world economy related to globalization and revolutionary technological transformations in their unity and interdependence, one of which is the development of a network economy as the next economic revolution based on trust, negotiations, diplomacy, and a culture of mutual assistance. Materials and Methods. Analysis and synthesis, comparative analysis and systemic approach have been used for this research. Scientific reports of international organizations, private and public corporations, foreign and Ukrainian scholarly research publications on this issue have been used as references. Results. The main features of Globalization 4.0 and the fourth industrial revolution, which are fundamentally transforming the global economic, social, and geopolitical landscape have been generalized and systematized. The periodization of the globalization waves, as compared with the phases of the industrial revolutions, has been made. This has allowed a comprehensive analysis of the processes of globalization and technological development in their unity and interdependence and further substantiation of the key development trends in the world economy. Conclusion. Globalization 4.0 and the fourth industrial revolution have been transforming all areas of society throughout the world, and therefore should be taken into account when making strategic decisions at all levels of management, from corporate to international.

The science and technology imperative for Russia's competitiveness during the conceptualization of the Fourth Industrial Revolution (Industry 4.0)

2020 ◽  
Vol 19 (3) ◽  
pp. 454-474
Author(s):  
O.N. Baburina ◽  
L.K. Gurieva
Keyword(s):  
Division Of Labor ◽  
National Economy ◽  
Industrial Revolution ◽  
Industrie 4.0 ◽  
The State ◽  
Innovative Activity ◽  
International Division ◽  
Global Competitiveness ◽  
Fourth Industrial Revolution ◽  
Global Competitiveness Index

Subject. The article discusses the state and potential of S&T development in Russia in terms of the competitiveness of the national economy at the dawn of the fourth industrial revolution. Objectives. The research is aimed to examine Russia's position in the Global Competitiveness Index, considering the way countries worldwide prepare for the fourth industrial revolution. We also determine Russia's part in the global economy and international division of labor. The article also formulates the issue of S&T development so as to outline recommendations for the national economic policy. Methods. The research employs the new methodology of the World Economic Forum during the rise of Industrie 4.0. Other tools include the microsystems analysis, statistical, historical and comparative methods. Results. Considering the low innovative activity of entities and relatively low R&D costs, we still emphasize the resource-based profile of Russia's foreign trade. We substantiate the possibility of increasing the global competitiveness of the national economy and imperative nature of S&T development in the country concurrently with the fourth industrial revolution. Conclusions. Despite the slugging innovative activity and insufficient labor productivity for technological business, Russia's economy continues to climb the Global Competitiveness Index. There are respective conditions for information technology and creation of the large national market in Russia. Thus, Industrie 4.0 clears new horizons for Russia to change its positions in the international division of labor. The State should contribute to the development of the national S&T potential, increase innovation investment, and undertake active measures to prevent social issues and overcome the regressing integration of Russia into the global microsystem.

scholarly journals Logistics and transport in industry 4.0: perspective for Ukraine

2019 ◽  
Vol 67 ◽  
pp. 03008
Author(s):  
Igor Matyushenko ◽  
Sergiy Berenda ◽  
Tatyana Shtal ◽  
Larissa Grigorova-Berenda
Keyword(s):  
World Trade ◽  
Industry 4.0 ◽  
World Economy ◽  
Business Processes ◽  
Industrial Revolution ◽  
Successful Operation ◽  
Fourth Industrial Revolution ◽  
Interdisciplinary Approaches ◽  
The World ◽  
Logistics Services

The elaboration of the fourth industrial revolution and the process of globalization of the world economy is sine qua non of the successful operation and transformation of logistics. The formation of Logistics 4.0 relies in particular on cutting-edge technologies and the digitalization of business processes. The complexity of the structure of world trade arouses interest to the complete range of logistics services provided within a single company. This logic of development requires the application of interdisciplinary approaches, combined with the efforts of engineers, researchers and those interested in the field of logistics.

scholarly journals Análise do impacto das patentes no índice global de inovação com aplicação de lógica paraconsistente anotada

Exacta ◽  
2014 ◽  
Vol 12 (2) ◽  
pp. 173-182
Author(s):  
Demesio Carvalho Sousa ◽  
Rodrigo Franço Gonçalves ◽  
Lilian Sayuri Sakamoto ◽  
Jair Minoro Abe ◽  
Jose Benedito Sacomano
Keyword(s):  
Business School ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
Global Innovation ◽  
The World ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Competitiveness Index

Neste artigo, estuda-se a importância das patentes e seu impacto no The Business School for the World do Global Innovation Index (GII, 2012) e no desenvolvimento econômico dos países emergentes mediante análise do The Global Competitiveness Index (GCI, 2013) do World Economic Forum (WEF). Os países abordados neste estudo são: Brasil, Rússia, Índia, China e África do Sul (BRICS). Neste contexto, busca-se responder as duas seguintes proposições: A – as patentes podem influenciar de forma favorável o desenvolvimento da inovação de um país integrante do Brics. B – as patentes não influenciam de forma desfavorável nenhum país componente do Brics. A metodologia utilizada privilegiou dados secundários obtidos nos relatórios GII e GCI suportada por uma revisão de literatura e criação de um algoritmo para-analisador. A aplicação da Lógica Paraconsistente Anotada (LPA-2v) forneceu parâmetros para analisar e discutir os resultados a fim de formular estratégias e avaliar tendências.

scholarly journals RESEARCH ON THE POSSIBILITY OF INNOVATIVE INTEGRATION OF UKRAINE AND THE EU

Management ◽  
2020 ◽  
Vol 30 (2) ◽  
pp. 128-136
Author(s):  
Valeriia G. Shcherbak
Keyword(s):  
World Intellectual Property Organization ◽  
Innovative Development ◽  
Member States ◽  
Global Competitiveness ◽  
Eu Member States ◽  
Global Innovation ◽  
The World ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
The Eu

Introduction. The revitalization of innovation in the global dimension has a significant impact on the competitiveness of the national economy. The intensification of innovation processes requires the use of innovative strategies. There is a significant differentiation of countries in terms of competitiveness and innovative development. At the present stage of reforming, the development of the economy on an innovative basis becomes one of the priorities of strengthening the competitiveness, modernization of the institutional base and effective use of the innovative potential of innovative integration of Ukraine and the EU.Hypothesis of scientific research. It is envisaged that the use of strategic priorities and mechanisms for utilizing Ukraine's innovation potential through the implementation of European practices of managing targeted innovation programs will allow developing programmatic measures to strengthen the existing and modernize the competitive advantages of innovative integration of Ukraine and the EU.The purpose of the article is setting priorities and developing a system of means of enhancing Ukraine's competitiveness on innovative grounds in the context of European integration.The research methodologyis the use of the European Innovation Scoreboard, the Innovation Index of the EU Member States. In the course of the study, the methods of systematization and taxonomy were used.Results: the position of Ukraine in the global and innovation ratings, the EU innovation scoreboard, the place of Ukraine in it, the position of Ukraine in the ranking of the countries of the world according to the Global Competitiveness Index, the Global Competitiveness Index. The analysis of differences in the development and implementation of innovative development strategies of EU Member States and Ukraine is conducted, the organizational and economic toolkit of innovative integration of Ukraine and the EU is substantiated.Conclusions: proved that macro-level competitiveness research in an innovative context is based on the methodology of calculation of such indicators as: IMD and WEF global competitiveness indices; global innovation development indices from Boston Consulting groupe and INSEAD; Eurostat European Innovation Rating (EIS); Bloomberg Agency Global Innovation Ratio (GIQ); international innovation index; composite eco-innovation index; the patent activity rating of the World Intellectual Property Organization (WIPO) allows you to find out the main directions of innovative integration of Ukraine and the EU.

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