Innovation as a leading factor in economic development in the context of globalization

Размещено на http://www.allbest.ru/

Innovation as a leading factor in economic development in the context of globalization

Skrypnyk Viktoriia

PhD in Economics, Associate Professor, Associate Professor of Department of Finance, Accounting and Banking Luhansk Taras Shevchenko National University, Ukraine

Globalization, which has become one of the defining characteristics of the world economy, has presented the governments of many countries with the problem of finding new forms and methods of adapting the national economic and political- legal environment to modern requirements for the implementation of international economic relations. The rapid change in the factors that determine the competitiveness of enterprises on world markets and the dynamic development of the global environment force governments to increasingly address the problems of ensuring national competitiveness on a global scale when creating the conditions for economic growth and prosperity of the nation.

Undoubtedly, an important characteristic of the development of the modern economic space is turbulence, which can be traced everywhere. Fundamentally new functional connections between the place and method of production, the geography of workplaces, financial and commodity markets, the structure of companies, and the institutional positions of business entities are already being formed. As a result, each individual entity forms individualized criteria for determining the extent of economic processes, i.e. virtualization of the economic space through digitalization is meant. global innovation economic

In Ukraine, a large number of studies are devoted to the development of the national innovation system. In particular, L. Fedulova, M. Pashuta, A. Galchynskyi, V. Geets, M. Zos-Kior, I. Hnatenko and other scientists determine the role of the national innovation system in innovative development, the state state regulation of innovative processes, analyze its individual components [1,2]. In the work edited by P. Sabluk, provides an analysis of the modern innovation potential and innovation management system at different levels [3].

In today's conditions, scientists are researching and studying a complex of problems of innovative renewal of the economy, but there are still a number of important and relevant issues that require substantiation of methodological approaches to the introduction of innovations into the country's economy in the context of globalization.

Objective changes in social economic development have led to a new model of economic development, which is characterized by fundamentally new features and priorities. Industries based on so-called high technologies, as well as industries that directly satisfy people's needs, began to play an important role in society.

The global spread of modern information and communication technologies ensures the online availability of various types of information that allows you to compare living and working conditions, the combination of national and private interests, the activities of transnational companies and financial institutions, the role of individual countries in solving global problems, etc. [4].

Scientific and technical progress in developed countries and the world financial system built in accordance with their interests have led to a new wave of changes in the international division of labor. Developed countries, taking over the intellectual, commercial and financial functions of creating a new product, left the functions of direct production to less developed countries. A characteristic feature of such socioeconomic dominance is a significant gap between countries with innovation-oriented economies, which are actively forming new global markets, from less powerful ones, which are forced to completely depend on the actions of "active players" [5].

Thus, the logic of the dominant transformations of the world socio-economic space, which bear the signs of the fundamental laws of the evolutionary process, is the actualization of the convergence of the development of intellectual capital with information technologies. First of all, it is about the acquisition of dominance of creative work in socio-economic development in the conditions of information globalization. It is natural that creative work is realized through innovation, without innovative renewal it loses its meaning. Therefore, the contradiction between human needs and interests, on the one hand, and the level of development of the information environment, on the other, interaction between them is the driving force of civilizational progress.

In the process of interaction of economic agents, established institutional centers appear, which become defining nodes for information flows, giving them a certain direction and rhythm. These nodes represent the established, institutionalized rules of interaction of subjects of the world economic system. Competition in society is shifting to the sphere of their informational interaction. Therefore, the priority social values of economic development are the intelligence and spiritual development of a person, and the leading factors are information and science-intensive technology. Under such conditions, the level of integration of states into the world economy largely depends on the state of their national innovation systems.

Conclusions

Globalization, intellectualization and virtualization of the environment transfer socio-economic development to the sphere of intellectual and informational strategies and technologies. As a result, arrhythmicity and spatial turbulence determine the conditions for the development of economic systems that implement their functions in a high-speed real-time mode. At the same time, the effect of acceleration materializes into functional advantages, which, in turn, act as a powerful incentive for new acceleration.

References

1. Prokopenko Oleksii, Olga Martyn, Olha Bilyk, Olga Vivcharuk, Mykola Zos-Kior, Iryna Hnatenko. (2022). Models of State Clusterisation Management, Marketing and Labour Market Management in Conditions of Globalization, Risk of Bankruptcy and Services Market Development. IJCSNS International Journal of Computer Science and Network Security. Vol. 21. No. 12. pp. 228-234.

2. Stolyarov V., Pasztorova J., Zos-Kior M., Hnatenko I., Petchenko M. (2022). Optimization of material and technical supply management of industrial enterprises. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, 3, pp. 163-167.

3. Sabluk, P.T. (2010) Innovative activities in the agrarian sector: the institutional aspect: monograph, NNC IAE.

4. Khodakivska O., Kobets S., Bachkir I., Martynova L., Klochan V., Klochan I., Hnatenko I. (2022). Sustainable development of regions: Modeling the management of economic security of innovative entrepreneurship. International Journal of Advanced and Applied Sciences, 9, (3), pp. 31-38.

5. Ghorskyi, M. (2013) "Development Models SSI and DDI." POLIT.RU, polit.ru/article/ 2013/12/17/ps_innov_1/ Accessed 07 March. 2023.

Размещено на Allbest.ru