Problemi Ekonomiki (Mar 2017)
Global Innovation Space: Prerequisites, Specifics and Tools of Formation
Abstract
The aim of the article is to study the prerequisites, specifics and tools of formation of the global innovation space under current conditions of development. On the basis of the generalization of the world’s scientific developments, the article considers processes of formation of the global innovative space, activation of innovation policies of different countries, optimization of state innovation activity as a factor of competitiveness of the national economy. It is substantiated that in the modern world an increasing role is played by global technological cooperation and partnership arising when several different companies decide to implement a joint project, which main goal is development of knowledge and creation of innovative products or exchange of scientific and technical information. This process is one of the ways to form the global innovation space, determines strategies for development of both innovation processes and globalization of the economy as a whole. It is concluded that in the final reckoning the processes in the field of innovative development have their own logic, which corresponds to the current trends in the development of the world economy. Innovation, on the one hand, brings together economies of different countries and, on the other, leads to aggravation of international competition in the world.
