The key determinants of the innovative oriented economies forming in the context of the world's countries prosperity ensuring

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Date

2020

Authors

Tkachuk, O.
Levchenko, A.
Kuzmenko, H.
Ткачук, О. В.
Левченко, А. О.
Кузьменко, Г. І.

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Abstract

The paper is devoted to the evaluation the impact of key determinants of innovation development and ensuring the worlds’ countries prosperity and working out the ways of increasing the innovative economic growth. By using the international statistic data of 40-ty countries, there were analyzed such indicators, as the level of GDP per capita and other indicators, such as expenditure on education, tertiary enrolment, graduates in science & engineering, number of researchers, gross expenditure on R&D, knowledge-intensive employment, intellectual property payments, high-tech imports, high-tech net exports and creative goods exports. As a result of calculating pairwise correlation coefficients between indicators, it was determined, that the most significant influence on the level of GDP per capita make such three variables: number of researchers, gross expenditure on R&D, knowledge-intensive employment. There were suggested the main directions of innovative development and prosperity raising for four groups of actors within the Quadruple Helix Model: state (government), universities and scientific institutions, business, civil society.

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Keywords

innovation, prosperity, human resources, research activity, education, expenditure, knowledge, high-tech technology, creativity

Citation

Tkachuk, O. The key determinants of the innovative oriented economies forming in the context of the world's countries prosperity ensuring / O. Tkachuk, A. Levchenko, H. Kuzmenko // The first international scientific – practical virtual conference science and technology in modern society: problems, prognoses and solutions, Turkey, Izmir, september 26-27. – Izmir, 2020. – P. 18-25.