Міжнародні відносини: теоретико-практичні аспекти (Jul 2019)
ESTIMATION OF INNOVATIVE POSITIONS OF TNCS IN DEVELOPED COUNTRIES
Abstract
In today's conditions, the dynamic development of countries is impossible without a comprehensive and continuous production and use of innovations as catalysts of general economic development. The article is a study of innovative positions of TNCs in developed countries of the world in conditions of global competition. As a result of the theoretical foundations’ analysis of the world economy’s innovative development (the theory of economic development and intellectual technology, the concept of harmonious economy and economic integration, etc.), and the basic components of this process (technological and techno-economic paradigms), it should be noted that the main goal of successful corporations, and also countries are an increase in the innovative component of the national economy. The study of innovation financing processes in leading corporations in Japan, the United States and the EU, which enabled them to analyse their innovation strategies and to identify the need for a separate financial mechanism that depends both on the product stage and on the environment (host country investment climate). The statistical data indicate that the processes of R&D’s globalization and internationalization predominantly take place in a closed set of countries – the USA, Western Europe, and Japan, which concentrate the main foreign research units of TNCs. If the trend of creating new research units for TNCs in China and India continues, it is possible that these two countries will in the future become part of the “innovation core” of the world economy. The activity of TNCs in relation to the creation of research units is constrained by various factors, the main of which are: low level of intellectual property protection, imperfection of legislation that regulates the activities of such units.
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