The European Trends in the Innovative Entrepreneurship

Abstract

The article is concerned with the currently topical need in scientific and methodical actions on disclosure, systematization and generalization of practical experience of the existing trends, tendencies in the modern world. Nowadays, more than half of the world’s population is connected to the Internet and has access to the total amount of knowledge at hand. The internet will cause further great transformational changes in the human civilization. The number of trends and tendencies in terms of the fourth industrial revolution is growing. The new opportunities dictated by today’s trends have already caused changes in the industrial and social structures and this progress will continue. The main content of the research is analysis of the models of innovative process and innovative technologies, on which trends and tendencies are based today. Special attention is paid to the relevance of technological trends, seismically influencing the economy, values, identity and opportunities for future generations. The characteristic features of such trends as Internet of things (IoT), big data, artificial intelligence, virtual and augmented Reality (VR/AR), blockchain and technologies of use of renewable energy sources are allocated and described. The authors trace the formation of technologies that are becoming more and more interconnected, as a result of which a convergence of digital, physical and biological spheres can be observed.

Keywords

• trends
• tendencies
• innovative system
• innovative process
• information technologies