scholarly journals TECHNOLOGICAL POTENTIAL FOR DEVELOPMENT OF INNOVATION ECONOMY IN RUSSIA: THE LIMITS AND LIMITATIONS OF THE SIXTH TECHNOLOGICAL ORDER

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.

The signing of the Association Agreement in 2014 provides for the development of innovation cooperation between Ukraine and the EU, so it is appropriate to analyze the development of innovation in Ukraine since the signing to assess the effectiveness of the agreement and identify weaknesses and strengths of Ukraine as an innovator and make appropriate recommendations. The object of the research of the article is the innovative development of country and accordingly the subject is the current state of the innovative development of Ukraine in the conditions of implementation of the Association agreement with Europen Union. The goal of the research is to determine the level of innovation development in Ukraine, highlight the main advantages and disadvantages and provide appropriate recommendations for improving the conditions of innovation development in the country in the framework of the Association Agreement. To achieve the goal of the the research analysis of the dynamics of indicators that characterize the level of innovation development in the country since the signing of the Agreement was conducted. The database is international rankings such as the Global Innovation Index, the Bloomberg Innovation Index, the Global Competitiveness Index and the EU Innovation Scoreboard. Results: based on the analysis of the dynamics of indicators of the level of innovation development in Ukraine, weaknesses that prevent Ukraine from realizing its innovation potential are identified and a correlation coefficient to assess the relationship between GDP per capita and the level of innovation development is calculated. Conclusions: despite the current Agreement between Ukraine and the EU, which should stimulate the development of technology in Ukraine, the level of innovative development in the country still remains low and lags far behind the level of EU states. Thus, Ukraine does not take full advantage of the Association Agreement. The given recommendations for increasing the level of innovation development in Ukraine based on european experience should help develop a strategy for the creation and implementation of innovations, find ways to increase the competitiveness of the Ukraine’s economy by implementation its innovation potential.


Economies ◽  
2018 ◽  
Vol 6 (3) ◽  
pp. 50 ◽  
Author(s):  
Anna Kowalska ◽  
Jaroslav Kovarnik ◽  
Eva Hamplova ◽  
Pavel Prazak

Visegrad Group is a group of four countries in Central Europe, namely the Czech Republic, Slovakia, Poland, and Hungary. These countries share not only a similar history, but also similar economic development (measured for example by Gross Domestic Product (GDP)) and geo-political ideas. Nowadays, the economic development of every country and its competitiveness on the world market is supported by the creation of innovation (knowledge-based economy), especially from an Industry 4.0 point of view. The aim of this article is to compare the Visegrad Four (V4) from different perspectives. Firstly, the comparison of GPD development is done, next the analysis of foreign trade. The article presents the results of a comparative analysis of changes in innovativeness and competitiveness of the V4 economies over a period of 5 years. The Global Innovation Index (GII) shows the level of innovation of most countries in the world. Reports publishing GII were established thanks to the cooperation of Cornwall University with INSEAD (fr. Institut européen d'administration des affaires) Business School and World Intellectual Property Organization. The Summary Innovation Index (SII) was used in the European Innovation Scoreboard, as well as the Global Competitiveness Report and Global Competitiveness Index (GCI). The analysis shows that all members of V4 are so called moderate innovators. The Czech Republic begins to diverge from other member states in terms of SII, GII and it has been increasing its GCI as well. Poland occupies one of the last positions in the V4 innovation ranking, where Hungary was the weakest in terms of competitiveness in 2016. However, the mutual connection between GDP and above mentioned indexes shows relatively surprising results.


Author(s):  
Lyudmila Aleksandrovna Gudyaeva

One of the key priorities of the modern Russian domestic policy lies in gaining competitive advantages in solution of the tasks of global scientific and technological frontiers as the basis for sustainable economic development. Russian economy is oriented towards seeking new growth drivers through technological changes in both traditional and new technology, products and services markets. A breakthrough in the sphere of innovations is possible in the conditions if the applied science would create the system of advanced scientific-technological platform, which is human centered and more resilient for the future. Thus, in the context of drastic technological and structural shifts in the global economic system, Russia’s task of transition towards the new stage of scientific revolution acquires particular relevance. The goal of this article consists in the analysis of scientific and innovation development of the Russian Federation and its regions under the new conditions. Analysis is conducted on the fundamental trends within the framework of transition to a new technological structure, scientometric indicators worldwide, Russia and the Republic of Tatarstan in the context of the prospects for the country’s accomplishment of the new objectives of global scientific and technological agenda. The author determines the central problems in building the integral domestic innovation system in the conditions of external factors; develops the original approach towards assessment of scientific capacity of the universities and academic institutions in the technological paradigms of the Industries 4.0 and 5.0.


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


2019 ◽  
Vol 8 (4) ◽  
pp. 6-16 ◽  
Author(s):  
A. S. Linnikov

The state of the modern Russian economy is considered from the point of view of the technological structures concept. On the basis of this theory, the author presents a structural section of the domestic economy from the point of view of each technological structure, as well as a comparative analysis of data on the Russian economy with the performance of the economies of other countries of different technological development levels. In particular, such countries as Bangladesh, Singapore, Great Britain, China and Germany, as well as many other countries belonging to all groups of countries of the world economy, are taken as examples. The study was conducted to determine the degree of readiness of Russia to the transition to the so-called “sixth” economic structure, characterized by the emergence and development of new materials that increase the efficiency of use and service life of most previously invented items. The conclusions about the loss of Russia’s many achievements of the fifth technological structure, were made, which, of course, can complicate the transition to the sixth. The modernization of the country’s economy, based on the restoration and development of key sectors of the fourth and, especially, the fifth technological structures (ferrous and nonferrous metallurgy, chemical industry, oil production and processing, software production, production of consumer goods, etc.). It is necessary to develop and modernize those sectors of the national economy that are currently operating in Russia, have a competitive advantage in the world market. The author does not propose to abandon the scientific and technological development. It is recommended to use the existing and future achievements of the sixth technological structure (borrowed abroad or developed independently) to increase the competitiveness of these economic sectors, as well as the transport infrastructure modernization, limiting the adverse impact of industry on the environment.


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.


2020 ◽  
Vol 384 (2) ◽  
pp. 137-145
Author(s):  
Zh. Abylkassimova ◽  
G. Orynbekova ◽  
М. Alibayeva ◽  
O. Osadchaya

The article noted that the development of the innovation potential of enterprises in the regions of Kazakhstan contributes to the transition of the innovation economy, where goods with high added value will be produced. The article examines the factors affecting the innovation activity of the regions, considers the dynamics of innovation activity and identifies problems and tools for the development of innovative entrepreneurship. Key words: innovation, innovation activity, region, industrialization, human potential, infrastructure


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):  
Barry Gander ◽  
Bruce Lazenby ◽  
Charles Duffett ◽  
Greg Richards ◽  
Mark Hoddenbagh ◽  
...  

Author(s):  
Анна Сазонова ◽  
Anna Sazonova

The national innovation system is one of the main mechanisms for restructuring the Russian economy. The implementation of innovations, the active development of the science and technology industry creates the necessary conditions and prerequisites for the transition of the economy to its new technological structure, providing an innovative type of economic growth. In recent years, the literature has developed many approaches to the definition of the concept of “innovative potential”. Some authors consider this category as a set of resources and capabilities of the system to create and implement innovations. Others define innovative potential as a measure of the region’s readiness to create and promote innovations. The third group of authors treats innovation potential as a result of innovation activity, identifying in some way the concept of “innovation potential” and “innovation process”. This article discusses approaches to the definition of a comprehensive indicator of innovative potential. The assessment methods considered in this article allow to determine the level of innovative potential of an organizational system, to perform a comparative analysis of systems according to a generalized indicator of innovative potential and its components, and also to develop programs for the development of organizational systems taking into account the effective use of innovative system capabilities.


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