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Problems of realization of the intellectual component of innovative development of Ukraine

Journal: Economics & Education (Vol.5, No. 2)

Publication Date:

Authors : ;

Page : 48-55

Keywords : intellectualization; intellectual capital; human capital; intellectual leadership;

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The realization of the intellectual component is an important task in the context of the Fourth Industrial Revolution and the development of technology. The country's place on the global economic map is not least determined by the availability of resources and efficiency of their use, it can determine both the competitiveness of the economy and its opportunities in the future. Under the conditions of a market economy and the transition to a new technological system, the role of certain factors that in the previous technological systems ensured the competitiveness of the economy changes. Those that can ensure the singular development of the economy and its nonlinear progress come to the fore. First of all, it is knowledge-forming and knowledge-producing factors that can ensure innovative development and, especially, the development of fundamentally innovative products or innovative breakthroughs. This involves the intensification of investment activities in innovation, the use of broad financial and administrative tools, as well as the development of innovations in management systems and the formation of creative and innovative components of economic activity. All this, in turn, involves the formation of a holistic strategy for the development of the innovation ecosystem, which has a high efficiency of implementation given the practice of developed countries and countries that have formed their competitiveness on the basis of intelligence. The combination of such factors should facilitate the entry into the market of new competitive goods and services, which in the age of digitalization and networking will form new advantages of using existing opportunities.

Last modified: 2021-03-29 17:25:52