scholarly journals Scientific and technological activities of TNC: current trends and prospects

Author(s):  
Nataliia Bezrukova ◽  
Vitalii Svichkar ◽  
Ruslan Solohub

In the article the authors consider the features of scientific and technological activities of transnational corporations, highlight the main trends and prospects for its development. In particular, it is emphasized that the source of modern development of society and human activity is innovation, and accordingly innovation becomes an important tool for all radical changes in human development and the economic system in general. Scientific and technological development of transnational corporations is a crucial prerequisite for ensuring their profitable activities. The purpose of the article is to analyze current trends and prospects for the development of scientific and technological activities of transnational corporations. The article examines the features of the R & D organization in multinational corporations. The dynamics of expenditures in individual leading TNCs on R&D is given. It is noted that the global nature of competition not only makes innovations more significant for TNCs, but also necessitates the search for new ways to innovate. The paper identifies the main types of technological policy, identifies the reasons for the centralization and decentralization of R & D, as well as possible risks that arise in the implementation of these policies. The experience of developed countries shows that competitiveness is ensured by a number of conditions, the main of which are the accumulated scientific and technological potential, institutional factors of technological progress and the presence of large knowledge-intensive corporations. Therefore, the current trend of scientific and technological activities of TNCs is a new wave of mergers and acquisitions (M&A). The authors present the largest mergers and acquisitions at the beginning of the XXI century. In the last two decades, as a result of the growing internationalization of research, the trend of forming strategic alliances has sharply increased, especially due to the merger of companies in such high-tech industries as pharmaceuticals, telecommunications, semiconductors, etc. Special attention is paid to analysis of the reasons for the formation of strategic alliances. It is shown that in some cases competitors become partners in strategic alliances in high-tech industries. In conclusion, it is noted that in conditions of fierce competition in both international and domestic markets, the ability of companies to operate and develop depends on their ability to create and implement innovations. It is innovations that cause continuous economic change, contribute to the dynamic development and increase the efficiency of both the economic system as a whole and individual enterprise. The scientific and technological development of corporations is the main prerequisite for ensuring and increasing their international competitiveness.

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):  
T. B. Timofeeva ◽  
E. A. Ozdoeva

The current Strategy of Innovative Development of the Russian Federation for the period up to 2020 and the Strategy of Scientific and Technological Development of the Russian Federation determine the goals, priorities and objectives of the state innovation policy and scientific and technological development of the country. A significant role is given to areas that allow us to obtain scientific and technical results that are the basis for increasing the innovative level of production and consolidating the country's position in the foreign market. Among the priority areas is the aviation industry, namely the sector of aircraft engine construction. The creation of aircraft engines is currently one of the most science-intensive and high-tech tasks of the domestic aircraft industry. However, the analysis of the current state of implementation of programms in this area shows that the problems of their functioning and development are not always solved taking into account a wide range of emerging risks, the negative impact of which can lead to significant financial losses. To develop effective methods for assessing and minimizing risks, it is necessary to first analyze and classify them. In the article, based on the analysis, a system of classification of risks arising during development aircraft engines. The results obtained will allow us to give a preliminary qualitative assessment of the negative events that occur at various stages of the development of aircraft engines.


Author(s):  
Natalia Vasetskaya

The present research featured scientific and technical policy papers in Russia. The research objective was to study the normative legal acts that determine the strategic scientific and technological development of the country. The paper contains an analysis of the goals stated in these documents and defines the efficiency of the target indicators. The study was based on systematization methods, content analysis, and comparative analysis of the main strategic legal acts that form Russian scientific and technical policy. These documents are divided into two groups. The first one contains the goals and objectives of scientific and technological development, but no quantitative values of targets, or indicators, of scientific and technological development. The second group specifies these indicators. The study revealed that not all the goals outlined in the policy papers have been met, and there are targets for scientific and technological development that have not been achieved yet. Moreover, some of the measures provided in the policy papers were implemented with a noticeable delay or were not implemented at all. For instance, the list of end-to-end technologies still remains unapproved. All these issues hindered the development of Russian competitive high-tech sector of goods and services: the country failed to develop mechanisms that could stimulate its transition to innovative development of real sector enterprises and to improve the resource base for scientific and technological complex.


2019 ◽  
Vol 3 (10) ◽  
pp. 89
Author(s):  
Ziad Khalaf Abdullah Al - Jubouri

The concept of international relations is very broad. In modern use it includes not only relations between States but also relations between States, intergovernmental and non-governmental organizations, multinational corporations and other enterprises. As a result of the scientific and technological development of mankind and the accompanying economic, social and cultural developments, Is the only actor in international relations there are other international people have emerged to exist one by one in harmony with and consistent with these developments in humanity is no longer the international theater exclusive to the State alone, Lyon are better with the ability to work, performance and influence in international relations, the last of whom is an actor visible international individual.


2020 ◽  
Vol 10 (8) ◽  
pp. 1465-1476
Author(s):  
K.N. Andrianov ◽  
◽  
Y.V. Popkov ◽  
A.K. Markov ◽  
E.E. Mozhaev ◽  
...  

In this article, the authors analyze the experience of strategic planning for the scientific and technological development of the PRC. It is concluded that: largely due to effective strategic planning, over the past 15 years, the PRC has multiplied its economic potential and has become one of the most powerful countries in the world. The achievements of the PRC in the development of advanced technologies are especially impressive. The PRC has managed to create from scratch high-tech export-oriented sectors of the economy that are competitive in the world market. The characteristic features of the Chinese scientific and technological development management system are revealed: a clear definition of priority areas of scientific and technological development, concentrating efforts on a limited number of areas of science and technology development that are important for increasing the competitiveness of the national economy; planning manages scientific and technological development, the main one envisaging environmental achievement of long-term and moment of short-term goals, development and certain implementation of such long-term integrated marine programs, software R&D and innovative development; government stimulation of effective cooperation between science, education and business in ensuring the entire innovation cycle - from fundamental research to the introduction of developments in production, for the development of high-tech sectors; the use of a significant part of export earnings for the acquisition of modern equipment technologies; strict regulation of foreign investments in order to direct them to the sectors of new and high technologies; a harmonious combination of planning and market management methods in the development of small innovative business. Particular attention is paid to the consideration of the main elements of the state scientific and technological policy of the PRC. In addition, the authors conduct a detailed analysis of the main documents of the strategic planning of the PRC in the field of innovative development.


2018 ◽  
Vol 55 ◽  
pp. 01020 ◽  
Author(s):  
Arutyun Khachaturyan ◽  
Svetlana Ponomareva

The research paper focuses on a complex study of scientific and technological development of high-tech companies of the Russian Federation in the context of introducing the conception “INDUSTRY 4.0”, which involves six main phases: 1) Computerisation; 2) Connectivity; 3) Visibility; 4) Transparency; 5) Predictive capacity; 6) Adaptability. The article describes external factors – with the help of such marketing tool as the STEP-analysis – that have an impact on scientific and technological development of Russia’s high-tech companies in the context of introducing the digital economy and conception “INDUSTRY 4.0.” The authors of the research paper present the scheme for cooperation components of scientific and technological development of industrial enterprises in the Russian Federation which includes such important aspects as the forming process a progressive technological base; development methods of objective assessment for the technical development prospects; using of artificial intelligence and neural network; making more efficient use of industrial enterprises; searching for new energy sources and their using; accelerate biotechnologies; research on the new breakthrough technologies; application of achievements in science and technology; development of new design solutions; development of aerospace industry in the military-industrial complex; development of new kinds of materials and their using in the production process and others. The authors present data indicating the number of organizations which perform research and developments. The authors’ research perspectives present practical aspects of scientific and technical development of military-industrial complex as a whole and aerospace industry of the Russian Federation in general.


2020 ◽  
Vol 64 (12) ◽  
pp. 70-77
Author(s):  
S. Dmitriev

The spread of the coronavirus pandemic and the slowdown in economic activity in the United States have strengthened the position of supporters of “decoupling” from China. The U.S.-China relations are progressing from “patient integration” to “impatient disengagement”. Escalating research spending, accelerated industrial modernization, and the expansion of China’s high-tech exports have been identified as major challenges to American technology dominance. The fragility of global value chains in cooperative relationships between US and Chinese companies has become particularly evident. The United States plan to free themselves from dependence on China’s innovative technologies and critical materials. Washington’s efforts to revive the country’s manufacturing industry received a new impetus. American TNCs have begun to return some of their enterprises to the USA. The “technological boycott” of China is aimed at causing maximum damage to the development of any competitive business that presents a challenge to American multinational corporations, and to slow down the progressive technological development of the PRC. Equally important are considerations of industrial policy aimed at crowding out competitors. Washington’s protectionist actions led to a reduction in trade and mutual investment and have put American companies targeting Asian consumers in a difficult position. Washington is beginning to fear that Beijing may powerfully respond to the United States with countermeasures that are sensitive to the American military-industrial complex and innovative sectors of the economy. Washington’s aggressive actions are mobilizing China’s efforts to move up the value chain and localize products to achieve self-sufficiency in key technologies. However, the threat remains that protectionism could become a “new normal” not only for U.S.-China relations. The only viable alternative to this scenario may be the joining of efforts of market participants interested in returning to international legal norms of trade.


2004 ◽  
Vol 178 ◽  
pp. 514-516 ◽  
Author(s):  
Cong Cao

One of the institutional innovations in China's reform and open-door era is the establishment of economic and technological development zones, export processing zones, science and technology parks, and other “zones” or “parks” at geographically diverse regions. This book represents an effort to investigate some of the science and technology industrial parks (STIPs). For the geographer Walcott, such parks are oriented to multinational development, multinational learning, and local innovation learning, based on “the type of activity contained and the type of company profiled” (p. 13). In particular, she shows that multinational corporations (MNCs) have become the growth engines for China's leapfrog into the 21st century with their contributions to China's exports, high tech as well as low tech, and the creation of new jobs. Therefore, in cities like Shenzhen, Dongguan, and Suzhou, MNCs have mainly processed and assembled products using foreign-imported critical parts plus locally-made components with the help of cheap labor and easy access to major ports such as Hong Kong and Shanghai. On the other hand, in Shanghai, the best example of a multinational learning zone capable of providing a wide range of skills, goods and services, MNCs are engaged in manufacturing activities in proximity to Chinese firms, research and development entities, both within and outside designated STIPs. Finally, Beijing, Shenzhen (again), and Xi'an, according to Walcott, have represented another model where the proximity of domestic firms to institutions of learning has facilitated knowledge transfer.


2018 ◽  
Vol 4 (2) ◽  
pp. 127-142
Author(s):  
V. G. Zinov ◽  
L. A. Tsvetkova

The problem of identification of key actors of scientific and technological development of the Russian Federation is considered. Attention is drawn to the absence of domestic companies interested and ready to cofinance R & D in many promising areas. The analysis of the map of the competitive landscape of the technological area “the reprogramming of somatic cells”, the development of which is expected to create the industry of artificial human organs, has been carried out. It has been shown that large transnational companies need 3–5 years to incorporate new technology into their marketing strategy and become a leader in the emerging market of high-tech goods and services.


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