The impact of advanced technology on the corporate economy

2021 ◽  
pp. 136-160
Author(s):  
Dmitriy Dementev
Keyword(s):  
Economic Development ◽  
Technological Progress ◽  
Manufacturing Industry ◽  
Mutual Influence ◽  
Technological Development ◽  
Advanced Technology ◽  
Scientific Publications ◽  
Scientific Discussion ◽  
Advanced Technologies ◽  
The Impact

The article examines the evolution of advanced technologies and its impact on the development of the economy. The processes of mutual influence of advanced industrial technologies and trends in the formation of technological structures attract the attention of economists, engineers, and sociologists. A human being is constantly trying to conceive the algorithms for assessing mutual influence of advanced technologies on technological progress, on global and national economies. Scientific discussion will lead to valuable practical results if scientists speak «the same language», use a unified interpretation of technical, economic, statistical, social terms. It is crucial to place social aspects of technological progress in the forefront since technological development is to solve the problem of the most technological or economical satisfaction of human needs. The purpose of this work is to investigate the existence of mutual relationship between the use of intellectual property and the economic development of Russia’s manufacturing industries. The methodology is based on the principles of the consistency of scientific research, objectivity, causation of phenomena in the economy. The paper applies the methods of economic and statistical analysis and presents a brief overview of scientific publications on the impact of advanced technologies on economic development for the period of 2018-2020. The author puts forward a hypothesis that an empirical analysis of advanced technologies in the production of electronic products will show the degree of patents influence on industry productivity. The findings demonstrate that technologies have a weak influence on productivity both on the economy at large and in manufacturing industry. Therefore, patenting the technologies should be scientifically substantiated and it is imperative to confirm the promise of advanced technologies for sustainable development.

The impact of advanced technology on the corporate economy

2021 ◽  
pp. 136-160
Author(s):  
Dmitriy Dementev
Keyword(s):  
Economic Development ◽  
Technological Progress ◽  
Manufacturing Industry ◽  
Mutual Influence ◽  
Technological Development ◽  
Advanced Technology ◽  
Scientific Publications ◽  
Scientific Discussion ◽  
Advanced Technologies ◽  
The Impact

The article examines the evolution of advanced technologies and its impact on the development of the economy. The processes of mutual influence of advanced industrial technologies and trends in the formation of technological structures attract the attention of economists, engineers, and sociologists. A human being is constantly trying to conceive the algorithms for assessing mutual influence of advanced technologies on technological progress, on global and national economies. Scientific discussion will lead to valuable practical results if scientists speak «the same language», use a unified interpretation of technical, economic, statistical, social terms. It is crucial to place social aspects of technological progress in the forefront since technological development is to solve the problem of the most technological or economical satisfaction of human needs. The purpose of this work is to investigate the existence of mutual relationship between the use of intellectual property and the economic development of Russia’s manufacturing industries. The methodology is based on the principles of the consistency of scientific research, objectivity, causation of phenomena in the economy. The paper applies the methods of economic and statistical analysis and presents a brief overview of scientific publications on the impact of advanced technologies on economic development for the period of 2018-2020. The author puts forward a hypothesis that an empirical analysis of advanced technologies in the production of electronic products will show the degree of patents influence on industry productivity. The findings demonstrate that technologies have a weak influence on productivity both on the economy at large and in manufacturing industry. Therefore, patenting the technologies should be scientifically substantiated and it is imperative to confirm the promise of advanced technologies for sustainable development.

scholarly journals Modelling the Heterogeneity of the Mutual Influence between Russian Regions in the Manufacturing Industry

2021 ◽  
Vol 17 (3) ◽  
pp. 944-955
Author(s):  
Mikhail B. Petrov ◽  
Leonid А. Serkov ◽  
Кonstantin B. Kozhov
Keyword(s):  
Manufacturing Industry ◽  
Mutual Influence ◽  
Methodological Approach ◽  
Ordinary Least Squares ◽  
Interaction Matrix ◽  
Sverdlovsk Oblast ◽  
Russian Regions ◽  
Factors Affecting ◽  
Interregional Interaction ◽  
The Impact

As factors affecting interregional interactions play an important role in regional economic development. Thus, developing a methodology for assessing these interactions is becoming urgent. The article proposes a methodological approach to analyse the factors influencing possible interactions between Sverdlovsk oblast and other constituent entities of the Russian Federation in the manufacturing industry. It is hypothesised that the elements of an interregional interaction matrix are proxy variables characterising the degree of this interaction. An economic analysis of relations and production chains between Sverdlovsk oblast and other constituent entitles confirmed this hypothesis. First, based on the spatial distribution of manufacturing output in the examined regions, values of an indicator showing the strength of their mutual influence were determined. Second, the impact of economic, infrastructural and institutional factors on the obtained indicator, characterising the inter action between Sverdlovsk oblast and other regions, was assessed using quantile regression. In this case, such a technique was chosen instead of the classical ordinary least squares (OLS) regression that incorrectly estimates the dependencies between the studied variables. This is expressed in the fact that the regression coefficients de pend on q-quantile of the dependent variable. We have revealed that price levels of the examined regions do not affect their possible interactions with Sverdlovsk oblast. Simultaneously, the dissemination of knowledge acts a driver of interaction between the considered regional manufacturing industries. The research findings can be used to prepare strategies, programmes and schemes for the placement and development of industries, considering the potential of Sverdlovsk oblast and other Russian regions.

On the Burden of Technology and the Mission of Scientist

2019 ◽  
Vol 56 (3) ◽  
pp. 36-39
Author(s):  
Nadezhda A. Kasavina ◽  
Keyword(s):  
Scientific Inquiry ◽  
Technological Progress ◽  
Technological Development ◽  
Science And Technology ◽  
Human Needs ◽  
Human Situation ◽  
Global Problems ◽  
Impact Of Technology ◽  
The Impact

The whole problem under our collective investigation, as I view it, is about understanding the human situation in terms of the impact of technology. The union of science and technology still resides within the limits of a “practical anthropocentrism” (Marsel G.), that is increasing satisfaction of human needs. An advancement in science and technology is accompanied by the desacralization of culture and the crisis of humanism. An awareness of the growing environmental, cultural, existential problems leads to the necessity to shift the vectors of scientific inquiry and technological development. In this process, the role and mission of the humanities is an articulation and promotion of human perspectives of science and technological progress. The humanities’ mission consists in attracting attention of scientists and society to humanizing technology and its aiming not only towards the growth of power over nature, but also to the making of a new relationship to the humans, to solving global problems.

Technological Structures and Their Role in Economic Development

2015 ◽  
Vol 3 (3) ◽  
pp. 24-27
Author(s):  
Иванова ◽  
O. Ivanova
Keyword(s):  
Economic Development ◽  
Production Technology ◽  
Technical Progress ◽  
Technological Progress ◽  
Long Waves ◽  
Economic Science ◽  
Human Society ◽  
Core Set ◽  
National Economic ◽  
The Impact

Today, it should be recognized that among the causes of the economic crises are not sufficiently taken into account the impact of technological aspects, namely the possibility of scientific and technical progress. The term “technological system” is used in the national economic science as an analogue of the concept of “wave of innovation”, it was first proposed in 1986 by Soviet economists D.S. Lvov and S.Yu. Glazyev in the article “Theoretical and applied aspects of Scientific and technological progress.” The way of understanding of technological structure, is the complex of mastered and breakthrough revolutionary inventions, providing a quantitative and qualitative leap in the development of the productive forces of human society. As a core set of technological structures the used technological processes are indicated, which, in turn, are the basis of the relevant production technology, linked to certain technological chains of the same type. It is believed that economic development is directly linked with the development of new technological chains, which are formed on the basis of the combined conjugate technological sets, which form the new technological order. That is why economists focus again turned to the theory of the cycles of the Russian economist Nikolai Kondratiev. It is assumed that the long-known theory of the wave-like nature of economic development is necessary to understand in relation to modern conditions, namely the use of the Kondratiev presentation about the short, medium and long waves concerning the economic situation of the modern states.

scholarly journals Analysis of tendencies in the functioning of innovative entrepreneurship in the context of technological progress

ScienceRise ◽  
2021 ◽  
pp. 31-36
Author(s):  
Eshgin Bayramov
Keyword(s):  
Technological Progress ◽  
Technological Development ◽  
Rapid Development ◽  
Global Market ◽  
Innovation Activity ◽  
Advanced Technologies ◽  
Scope Of Application ◽  
Innovative Enterprise ◽  
Scientific Results ◽  
Technological Product

The object of research is innovative entrepreneurship and the main tendencies in its operation in the world. Investigated problem. The rapid development of innovative entrepreneurship necessitates are the identification and tracking of tendencies in this area. The main scientific results. The article identifies tendencies in the functioning of entrepreneurship in the context of technological progress. The main subsystems of an innovative enterprise are characterized. The dynamics of frontier technologies market indicators in the context of innovative entrepreneurship is analyzed. It is noted that the transformation of the structure of the global market of advanced technologies is accompanied by increasing disparities in technological and financial development between countries. The inconsistency of national goals with global ones in the field of frontier technologies is pointed out. The area of practical use of the research results. The results of the study can be used by representatives of the scientific community, authorities to understand global tendencies in innovative entrepreneurship. Innovative technological product Identified global tendencies in the functioning of innovative entrepreneurship can be part of technological development strategies. Scope of application of the innovative technological product: policy of regulation of innovation activity.

scholarly journals Reflections on neo-Kaleckian growth regimes: a Marxian reproduction perspective

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Feng Zhao ◽  
Jiahe Tian ◽  
Yuchen Duan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Distribution ◽  
Technological Progress ◽  
Supply Side ◽  
Demand Side ◽  
Content Type ◽  
The Impact ◽  
Kaleckian Model

PurposeThe neo-Kaleckian model follows the ideas of Marx, Keynes and Kalecki, that investment is a key influencing factor in the dynamics of the capitalist mode of production. Through the discussion of different forms of investment decision function, this paper constructs the analysis framework of wage-led and profit-led economic growth regimes.Design/methodology/approachThe model has become an important theoretical paradigm for current Western heterodox economists regarding the research on the impact of functional income distribution on economic growth, and it has a very large impact on both theoretical and empirical research. Starting from Marx's reproduction theory, this article discusses the theoretical shortcomings of the neo-Kaleckian growth regime model.FindingsThis paper mainly focuses on three aspects: (1) the ideological legacy of “Smith's Dogma”; (2) neglecting the restrictions on income distribution from the organic composition of capital and the surplus value rate; (3) technological progress and the formation of a new long economic wave.Originality/valueThe authors believe that the neo-Kaleckian model unilaterally emphasizes the demand-side factors in the economy and, unconsciously or not, ignores the role of the supply-side, which makes it encounter certain limitations in explaining long-term growth. Even if some empirical conclusions are employed to bridge functional income distribution and technological progress, there is still a lack of a theoretical basis for accurately describing long-term economic changes using this model. In order to better promote high-quality economic development and accelerate the formation of a new pattern of economic development in which the domestic large-scale cycle is the mainstay and the domestic and international double cycles promote each other, the authors need to adopt a policy combination with the supply-side as the main and the demand-side as the supplement, and to work from both sides.

Unevenness of the Economic Development of the Arabic States as One of the Premises of the Conflicts in the Afro-Asian Region

2018 ◽  
pp. 3-15
Author(s):  
Vladilen Gusarov
Keyword(s):  
Economic Development ◽  
Gross Domestic Product ◽  
Economic History ◽  
Manufacturing Industry ◽  
Raw Materials ◽  
Domestic Product ◽  
Military Forces ◽  
Socio Economic Development ◽  
Low Efficiency ◽  
The Impact

The socio-economic reasons of conflicts are numerous. Their premises are very different factors of the economic history of the arabic states. Among most important is the unevenness of their economic development both in the colonial and in the postcolonial periods. Until gaining independence the arabic states were on the different levels of the socio-economic development. One may explain this by many reasons of the political, geographic and socio-economic character. The most important among them are the level of development of the capitalism, the geographic proximity of the arabic states to Europe and generally to their metropolises, the military-strategic situation, the presence of the colonies of migrants from metropolises and of the national communities from other European states, the discovery of rich resources of raw materials, the influence of of the neighbouring countries’s cultures on the process of their historic and socio-economic development. As a result of long historical influence of these and many others factors different arabic countries achieved independence, but all of them were backward agrarian countries. Therefore the main differences among them manifested themselves in the degree of the backwardness Not a single arabic country had the developed manufacturing industry, which production would go to export. Some mining and oil enterprises, which were present in some of them belonged mainly to the foreign capital and practically were the heterogeneous formation in the extremely backward agrarian economy with undeveloped production forces. Only in some of these countries the light and food industry was functioning. In other branches of economy small and smallest enterprises predominated, based on personal labour of their owners and their families, who used primitive means of production. The poor possibilities of competition, the low efficiency of production mechanisms, the extreme unevenness of available natural potentials, financial and human resources, in particular skilled labour, as well as the impact of the interstate and military conflicts, the processes of globalization and growth rates of the economic development led the arabic countries to in the beginning of the new century to very different and even polar results, the main indicator of which is the gross domestic product per capita. The historic experience demonstrates, that the more is the gross domestic product of any country, the bigger state apparatus, including military forces, it may afford and use it actively for its internal as well as foreign policy. For example, arabic state Qatar in 2011 used its military forces for the overthrow of the Kaddafi regime, what led Libya to the state of collapse, and turned it to a conglomerate of several quasi-states, which are connected together by the necessity to produce and to sell oil. If to take the whole period, more than half of the century, of the existence of the arabic countries as independent states , one would hardly find any years during which the peace persisted in their territories. There have been constant military-political conflicts in different parts of the arabic world, as well as between the arabic countries and their afro-asiatic neighbours.

scholarly journals Development of foreign economic activity of ukrainian enterprises under conditions of economic globalization

2020 ◽  
Vol 59 ◽  
Keyword(s):  
Economic Development ◽  
Foreign Trade ◽  
Economic Activity ◽  
Small Businesses ◽  
Global Economy ◽  
Technological Development ◽  
Rapid Development ◽  
Advantages And Disadvantages ◽  
The World ◽  
The Impact

In today’s globalized world, international trade, which covers the totality of foreign trade of all countries of the world, is a powerful force of economic development. The economic development of any country is impossible without its active participation in trade relations with other countries of the world. The rapid formation of the global economy contributes to the emergence of a number of opportunities for both large and small businesses. The article considers both advantages and disadvantages of globalization of economy. The article claims that in the current conditions of technological development and rapid integration processes, it is necessary to take into account results of globalization, while forming an effective state policy regarding the realization of foreign trade activities. The country participating in the system of global economic relations should have competitive advantages and improve its competitiveness in order to avoid the impact of negative factors. The article reveals the current state of the development of Ukraine’s foreign trade with other countries of the world, as well as explores Ukraine’s exports and imports structure. Despite a significant increase in the cost of exporting goods and services to the world, Ukraine is still an import-dependent country. The currency liberalization contributed to the reduction of prejudice from foreign counterparties, investors and banks, which allowed Ukrainian enterprises to operate fully in foreign markets, which resulted in a significant reduction in the negative foreign trade balance of the country. The new currency law has provided Ukraine with a base for free capital movement, which brought the country closer to European standards. However, despite significant easing in foreign exchange regulation, Ukrainian manufacturers continue to face a number of both internal and external obstacles to boosting their export activity. The article defines further ways of development of foreign economic activity of domestic enterprises in the conditions of globalization. It has been established that the stable development of the economy is possible only in the conditions of maintaining its openness and rapid development of foreign trade.

scholarly journals Research on the contribution rate of scientific and technological progress to Chongqing’s economic growth Based on the Solow Growth model

2021 ◽  
Vol 235 ◽  
pp. 01012
Author(s):  
Yixin Zheng ◽  
Yucheng Wang
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Capital Investment ◽  
Technological Progress ◽  
Labor Input ◽  
Contribution Rate ◽  
Development Mode ◽  
Capital Input ◽  
High Level ◽  
The Impact

In the context of current proposed transformation of economic development of the region are actively rely on capital from investment to promote economic growth mode to a mode relying on technological progress to promote economic growth up. Therefore, this paper selects the sample data of Chongqing from 2010 to 2017, and based on the empirical analysis of the Solow residual value model, using SPSS statistics 25 software, studies the contribution of Chongqing’s capital investment and labor input, especially technological progress, to economic growth. The research shows that the contribution rate of Chongqing’s capital input to economic growth has always been at a relatively high level, but it has shown a general downward trend. At the same time, the elasticity coefficient of capital input is small, indicating that its contribution to economic growth is small; the contribution rate of labor input fluctuates greatly but the impact is small; the contribution rate of scientific and technological progress to economic growth shows an overall upward trend, which has become an important factor for driving Chongqing’s economic growth after capital investment. Therefore, governments must accelerate the transformation of the economic development mode, vigorously promote the development of science and technology, and rely more on scientific and technological progress to promote economic growth and achieve sustainable economic development.

scholarly journals Problems and prospects of the "New Economy" as an institutional basis of international business in the conditions of globalization

2020 ◽  
pp. 33-36
Author(s):  
Yuliia PRODIUS ◽  
Kateryna LYKHASHCHENKO ◽  
Hanna SHARKOVA
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Knowledge Economy ◽  
Technological Progress ◽  
New Economy ◽  
Economic Life ◽  
Advantages And Disadvantages ◽  
Advanced Technologies ◽  
Innovative Management ◽  
Post Industrial

Introduction. The emergence of the term "New Economy" is associated with the development of modern electronic information technology, the formation of the information system of the Internet. The new economy is a systemic phenomenon that is gradually formed within the post-industrial period of economic development through the introduction of scientific and technological progress and innovative management methods, intellectualization of human capital, the use of advanced technologies and scientific and economic sectors of the national economy. The new economy is formed on the basis of the intellectualization of production and all economic life. The purpose of the paper is the identification and study of the term “New Economy”, analysis of its advantages and disadvantages. Consideration of characteristics and priority directions in development, identification of the basis of the new economy. Describe the benefits of the new economy. Result. The main characteristics of the new economy are knowledge. They are considered as a productive factor and a strategic resource. In a “new economy” a product is produced, wealth is the result of the application of knowledge, which is both a resource used to create goods and services, and an element of infrastructure. The new economy is a systemic phenomenon that is gradually formed within the post-industrial period of economic development through the introduction of scientific and technological progress and innovative management methods, intellectualization of human capital, the use of advanced technologies and knowledge-intensive industries. Conclusion. The above features allow us to define the "New Economy" as a process of formation and development of the world economy, which is global in nature, subject to social progress and economic growth is achieved using a new factor of production – constantly updated knowledge (“knowledge economy”) includes the "knowledge economy" of its mechanism of knowledge production, infrastructure and resource potential.

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