INNOVATIVE ECONOMIC PRIORITIES OF THE EU AND THE FORMATION OF THE MODERN PROBLEMSJournal: Innovative Economics and Management (Vol.II, No. 1)
Publication Date: 2016-09-30
Authors : BADRI GECHBAIA GELA MAMULADZE;
Page : 9-12
Keywords : European Union; Innovative System; Innovative development; Innovations;
Role of innovations and innovative development in economy of modern EU is defined by lack of additional comparative advantages in the power industry and limited possibilities of additional attraction foreign investments in economy. Role of an innovative factor in economy development in EU increased in the last two decades significantly. Thus, it is necessary to recognize that further opportunities for growth are doubtful and limited. In the article the analysis of the main tendencies of development of innovative economy of the European Union at supranational level is carried out. The main results of formation of innovative economy, and also problem of further realization of innovative capacity of EU are shown. The author considers that realization of strategy of innovative development of EU' economy will provide the European economy to an overcoming from the developed debt, financial and economic crisis.
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