scholarly journals Features of innovative development in the world economy in the conditions of digitalization of the economy

The issue of the correlation of local and global is one of the main problem in comprehending the development prospects of modern society. The directions of development of the world economy are quite controversial and combine two components that reflect its glocalization, that is, the result of the transformation of economic relations of various types, levels and forms. The subject of this research is the evolution of the innovative development of entrepreneurship in the context of globalization and localization. The purpose of the article is to study and clarify the essential understanding of the concept of “glocalization” and the development of the theoretical foundations of the formation of a new scenario of economic development, taking into account the trends of the digital economy. Objective: to study the etymology of the concept of glocalization and to carry out a historical excursion into the process of its diffusion; to form an idea of the complementarity of the globalization of competition and the localization of sources of competitive advantage; identify the main criteria for the formation of an effective innovation environment; argumentation of the need to create a new scenario of economic development, taking into account the trends of glocalization in the digital economy. General scientific methods of analysis and synthesis are used. The following results were obtained: it was proved that the imposition of technological and integration processes taking place in modern society require clarification of the features of innovative development. Integration of the Ukrainian economy into the global economic space requires the creation of conditions for high-tech production and innovation. Conclusions: economic and political events of recent years have substantiated the increasing relevance of glocalization and fragmentation studies. It is necessary to create a new scenario of economic development, namely, an innovative type of development. Updating the technological base of production, digitalizing the economy and building up intellectual capital is the basis of the innovative development of the economy.

2019 ◽  
Vol 7 ◽  
Author(s):  
Elena Zolochevskaya ◽  
Tatyana Cherkasova ◽  
Valeriya Arsenieva ◽  
Larisa Lozovova

The article reveals the concepts of innovative development and digital economy and defines their categorical correlation. The main modern trends in the development of the world economy in the context of globalization are highlighted, which implies that the digital transformation of national economies is becoming a key factor for sustainable economic growth, allowing to ensure strong competitive positions in the global space. Expert assessments of cross-country ratings in terms of the global competitiveness and innovativeness of the national economy demonstrate that the leading role in the development of the world economy belongs to the developed and rapidly developing countries at the top of these ratings. However, the leading positions some countries in the ratings are not the result of simple evolution of economic development, but a purposeful strategy of innovative development implemented through a set of public policy measures. The analysis of the state innovation policy of the USA, EU countries, Sweden and Norway, which occupy leading positions in the Digital Economy and Society Index (I-DESI) rating, made it possible to identify the main directions of economic growth that are important to consider in the Russian state policy of digitalization. As part of the study of the current state of the Russian digital transformation, the achieved success is highlighted and the constraints are identified, the elimination of which will determine the success of the development of digital technologies and their implementation in government bodies, public organizations and business structures. The successful result of Russian digitalization is the adoption of a strategic document (National Program "Digital Economy of the Russian Federation"), which defines the goals and institutional conditions for its implementation for all subjects of the national economy. Critical analysis of national programs helped to highlight some of the contained flaws, including the lack of: - economic objectives that concern system development of national industry 4.0 and the withdrawal of Russian digital technologies on global markets;- the indicative indicators of the pace of development of e-Commerce, the share of high-tech jobs in the total employment structure, growth of high-tech exports, and others; incentive mechanism for businesses to transition on the numbers; - ways to increase investment in research and development. In addition, the need for its adjustment is due to the selected seven limiting factors of Russian digitalization, which demonstrate the low efficiency of the national program in the transition from the stage of formation to the stage of development of the digital economy in Russia.


Author(s):  
Anastasiya Kovpaka

This publication is devoted to highlighting the problem of ensuring the appropriate level of national competitiveness and identifying ways to increase it in today's competitive market environment. In the context of the study, the main reasons for Ukraine's chronic lag in the system of international economic relations were identified, including: irrational use of the country's resource potential, high material consumption, energy-intensive economy, low efficiency of economic reforms, physical and moral depreciation, lack of sufficient funding for research and development, high unemployment and the progressive trend of emigration of scientists, unfavorable investment climate and others. According to the main factors used by the world community in determining the growth of competitiveness of the economy, three groups of indicators were identified, which are the main competitive advantages in an unstable market economy, namely: factors of production, income and investment and innovation potential. It was possible to analyze the indicators of the human development index and the level of competitiveness of the country on the basis of data from the International Institute for Development Management and the UNDP Report. Indicators of Ukraine in the ranking of innovative economies of the world helped to determine the main causes of technological backwardness of the country, based on which the main directions of innovation development were proposed: state support of science-intensive production, reorientation of raw materials orientation of Ukraine's exports to conduct innovative business. Attracting investment in technology development and innovative development of enterprises, stimulating the production of high-tech products and compliance with quality standards are the most important steps towards the reorientation of Ukraine's economy to an innovative model of socio-economic growth.


2020 ◽  
Vol 9 (3) ◽  
pp. 23-32
Author(s):  
Nurali Lapasov ◽  

Innovation and scientific and technological progress are one of the key factors of economic growth. Innovative economic growth is determined by the dynamics of economic development and the level of welfare of the population, national security, the possibility of equal integration into the world economy, mainly the country's ability to use scientific and technical achievements in practice. Accordingly, the strategy of innovative development of the Republic of Uzbekistan for 2019-2021 has been approved in our country. The article discusses the trends of innovative development of the Republic of Uzbekistan, the causes and factors hindering the development of the innovative sector of the economy and makes recommendations based on world experience


2021 ◽  
pp. 64-66
Author(s):  
LOLA NAZAROVNA KHALIKOVA

This article shows that an innovative and digital economy is one of the important factors in increasing the country's competitiveness and prosperity in the international arena. The economic development of Uzbekistan in the context of the globalization of the world economy and technological development is difficult to imagine without the rapid growth of the digital economy.


2021 ◽  
Vol 34 (04) ◽  
pp. 1344-1354
Author(s):  
Oleg Vladimirovich Trofimov ◽  
Vladislav Genrihovich Frolov ◽  
Elena Zuferovna Klimova ◽  
Nina Mikhaylovna Ilyicheva ◽  
Marina Vladimirovna Kislinskaya

The purpose of the study is to analyze the level of digitalization of the economies of various countries of the world by dividing them into groups according to the level of digitalization of the economy through cluster analysis methods using a model for the development of high-tech industries. The following analysis methods were used during the analysis: a comparative approach in the analysis of approaches to the concept of "digital economy" by Russian and foreign authors, statistical analysis of indicators of the development of the digital economy of Russia and the countries of the world, cluster analysis in dividing the countries of the world into separate groups according to the level of development of the digital economy, morphological analysis and synthesis in the formation of the optimal structure of high-tech industries to increase the level of digitalization of the Russian economy, tabular and graphical methods to illustrate the results obtained. The result of the study is the formation of clusters of countries in the world according to the level of development of the digital economy and the application of a model for the development of high-tech industries in the country to increase the level of digitalization.


Author(s):  
Iryna Lobozinska

The article explores new global external challenges to the development of national economies around the world. The impact of COVID-19 on a country’s economy and society through the prism of rapid implementation of digital technologies in all spheres of public life. The scientific-theoretical and regulatory framework for the development of the digital economy in Ukraine is defined. The total digitalization of Ukrainian society is seen as one of the positive consequences of the spread of the COVID-19 coronavirus, has stimulated an unprecedented growth of digital transformation of all sectors of the economy and public administration. Separate legal acts establishing the fundamental basis for the development of the digital economy and society in Ukraine are analyzed. Specified ways of development of electronic economy through the use of information systems, networks, resources and modern information and communication technologies of new forms of social and economic relations. An analysis of the conceptual and categorical apparatus in the area under study is presented. The legal definitions of “digital economy”, “electronic economy” and “electronic commerce” are commented. The modern trends of economic activity paradigm changes in the development of digital economy, result economy, sustainable socio-economic and environmental development are highlighted. Risks caused by the COVID-19 pandemic can be minimized by developing an effective state anti-pandemic policy aimed, first and foremost, at protecting national interests of Ukraine and ensuring social and economic security of digital and economic development. The conclusions about the ways and strategic tasks of formation of effective state antipandemic policy of the country are made. It is stated that the current stage of global socio-economic development is characterized by the significant impact of digitalization. The current research revealed that digitalization of all spheres of society is a global trend; the COVID-19 pandemic has influenced and continues to influence the economic situation in all countries of the world.


2020 ◽  
Vol 5 (5) ◽  
pp. 151
Author(s):  
Anton Stolitnii ◽  
Vitalii Makhinchuk

The purpose of the article is to reveal the newest and priority tendencies towards formation of the directions of encouraging the development of the world economy under globalization. The subject of the research is the priorities for the development of the economy of the USA and some European countries. Methodology. On the basis of the scientific literature analysis, the current economic situation of the USA and some European countries was analyzed and the strategic priorities and goals of the world economic development were determined, as well as the dialectical method, the method of scientific abstraction and the method of system analysis were used. The studies have shown that in order to implement foreign experience there is a number of key economic problems, which impede the development of the economy. It was found that a complex structural transformation of the world economy is needed to increase the share of the high-tech and innovative sectors. Practical implication. A comprehensive analysis of the status and determinants of economic development of the USA and some European countries from the perspective of the threats and risks associated with crisis situations in the modern world was made. The basic principles of the formation and implementation of the economic development strategy based on the harmonization of strategic priorities and strategic goals of the USA and the EU were determined, as well as the need to reform the economic sector in order to build promising areas of the economy was substantiated. Value / originality. The conducted research revealed the state of development of the economic system of the USA and some European countries.


Author(s):  
Ramin İsmayilov

The article deals with the economic development characteristics of the Republic of Azerbaijan, the natural resources and production of Azerbaijan. After the independence, the policy of the new market economy followed by the Azerbaijani state and government and plans of how the developed countries will integrate their economic practice will be examined. With the new investments in the country and the introduction of the products to be produced in the world markets, the steps and plans to strengthen the economic relations with the world will be discussed. The role of Azerbaijan in the world economy, its foreign-economic relations with other states and continents were analyzed extensively. Proposals have been made to further develop and upgrade existing economic relations.


2021 ◽  
Vol 5 (1) ◽  
pp. 25-35
Author(s):  
Shi Ike ◽  
Natalia Epova

The importance of foreign trade and its impact on the level of economic development of both individual states and the world economy as a whole is steadily increasing. The successful or unsuccessful development of foreign trade relations is largely determined by the state's policy in this area, the use of various tools and methods. China, having begun to reform the economic system, pursued the goal of increasing the competitiveness of the national economy. For this purpose, foreign trade relations with other countries were actively developed in accordance with the interests of China and the priorities of economic development. Over a long period in China was dominated by autarkic tendencies in the sphere of foreign relations, which contradict the idea of integration for joint solutions to existing problems and the liberalization of foreign trade. Since the late 70s, China has realized the need to connect the country to the processes taking place in the world economy and carry out reforms, an important part of which was the implementation of a strategy for the development of foreign economic relations. The new policy assumed the extraction of maximum benefits from cooperation with foreign partners, the modernization of the economy using best practices in the economic, scientific and technical spheres, the diversification of production, the introduction of effective management models. China's foreign trade policy is implemented through a variety of regulatory, control and incentive methods. This makes it possible to take into account the characteristics of specific territories and use the most appropriate tools to achieve the best result. Relevance and insufficient knowledge of the impact of trade on economic development of China in the development of global value chains and the trend towards a multipolar world system, the development of the prospects of transformation of China's foreign trade, led to the selection of topics for articles.


Author(s):  
V. Y. Saprykina ◽  
E. A. Degtyarenko

Some researchers call the modern stage of development of the world economy “the era of innovations". Studies show that economic and social progress is ensured through an innovative process - the process of producing new knowledge and practices. Thanks to new technologies, deep structural changes are taking place in the economic sectors, new industries are being formed, new jobs are being created. Globalization and the integration of the world economy have further exacerbated competition in the market for high-tech products. In these circumstances, innovative instruments remain the only possible source of increasing the competitiveness of national economies. The innovative way of development of the Russian economy is recognized as the main direction promoting restoration of volumes of production, the international competitiveness, a standard of living of the population, increase of efficiency of national economy, improvement of an ecological condition of a natural environment. Therefore, it is no coincidence that at this stage of development of Russia’s economic system, its main vector is to increase the effectiveness of the implementation of innovation policy. The special attention paid at present to the issues related to the implementation of innovation policy is caused by the active activity of the state, which aims to transfer the Russian economy to the innovative way of development by 2020. It is an undeniable fact that the innovative way of development of the country is the only way to overcome the global socio-economic crises that pose a threat to the sustainable development of the state, both in the present and in the future. This article is devoted to the problems of innovative development of our country.


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