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ASSESSMENT OF KNOWLEDGE ECONOMY FORMATION INDICATORS: ON THE EXAMPLE OF POLAND AND UKRAINE

Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.2, No. 42)

Publication Date:

Authors : ;

Page : 50-60

Keywords : knowledge economy; knowledge management; knowledge cost; knowledge creation product; innovations; economic development;

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Abstract

The macroeconomic indicators that characterize the process of the economic system of the state to such a model of the economy, which is based on knowledge have been researched in the article. The essence of knowledge as an economic resource, their multi-characteristic, and impossibility to equate to a single unit of measurement has been determined. The essence, main characteristics, and factors that ensure the formation of the knowledge economy in modern conditions have been revealed. Several indicators have been identified that in one way or another reflect the potential of the state to build a knowledge economy. The role of key social institutions in the process of transition to the knowledge economy is described. Emphasis has been placed on the key role of educational institutions as the main centers of knowledge generation and transfer in the economy. The most common methods of analysis of the formation of the knowledge economy and assessment of the value of knowledge as an independent economic resource in the economy have been analyzed. The method of the research of knowledge economy using the economic and mathematical device, in particular, the regression analysis for research of influence of dynamics of the cost of the created knowledge expressed in volume of investments in research and innovative activity, on dynamics of the basic macroeconomic indicators (GDP, unemployment, financial results) objects of management). Also, to obtain more accurate results, with the help of fictitious variables in the study process the regional aspect has been included and the role of individual regions in the formation of the knowledge economy of the state has been identified. The expediency of using economic and mathematical methods of analysis of the process of knowledge economy formation as the most accurate and specific tools to investigate the relationship between existing knowledge in economics and economic performance of both individuals and the economic system as a whole has been substantiated.

Last modified: 2021-03-23 04:54:37