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Formation of a New Paradigm of Innovative Technological Development

Journal: International Journal of Mechanical and Production Engineering Research and Development (IJMPERD ) (Vol.10, No. 3)

Publication Date:

Authors : ; ;

Page : 4631-4646

Keywords : Innovative Development; Technological Development; Paradigm; Resource Potential;

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Abstract

The article is devoted to the study of the actual scientific and practical problems of the macroeconomic theory of innovative processes that have a significant impact on technological development and the formation of a new paradigm and ensuring the stability of the development of high-tech industries. The following tasks completed to achieve this goal: first, the evaluation a scientific discussion on the formation of an innovative technological paradigm; second, the determination the role of investment in innovative activity; third, the formation approaches to the creation of a paradigm. The evaluation of a scientific discussion was according the state policy of innovative development, the fundamental differences between the theoretical arguments of the advocates of neoliberalism, liberalism and classicism. There is analyzing the position of economists supporting the monetarist theory and evaluating it from the point of view of an effective regulator. The qualitative changes in the institutional framework and timely, high quality transformational processes in the public administration system determinate innovative technological development, which also depends on the selected vector of economic theory, based on knowledge and practical experience. We define the innovative technological paradigm as the basis for evolutionary transformations, methodology, technologies, the general strategy of socio-economic development and the formed approaches. The state policy of innovative technological development is a methodological basis, which found on the theory of economic development using various theories to attract investment in innovation. The entire historical development of the Russian economy proves the effectiveness of innovations in technological development and the future directly dependents on the fundamental prerequisites for the effective use of new knowledge

Last modified: 2021-01-04 16:13:56