GENESIS OF TRANSFORMATIONS IN ECONOMICS

Abstract

Urgency of the research. Most countries in the world are trying to make a transition to a "new economy" in which the main factors of the country economic growth and competitiveness are information, knowledge and innovation. All over the world, thousands of scientific articles, monographs and conferences are dedicated to the study of the "new economy", which suggests the relevance and significance of this study. Target setting. New knowledge definitely becomes the basis for the development of a "new economy". For all countries of the world, the construction of a "new economy" (knowledge economy) becomes a pressing problem of the twenty-first century, therefore, it becomes increasingly important to identify the strengths and weaknesses of Ukraine on its way to building a knowledge economy. Actual scientific researches and issues analysis. The theoretical and applied aspects of the "new economy" formation were made by such well-known foreign and domestic scientists as P. Drucker, A. Toffler, F. Machlup, Y. Masuda, M. Porat, D. Bell, Z. Brzezinski, Y. Bazhal, A. Chukhno and many others. Uninvestigated parts of general matters defining. Despite the large number of publications, we can affirm that there are still differences in understanding and building a new format economy. The research objective. The article is devoted to structuring scientific approaches and statements about the development of a new model of socio-economic development in Ukraine. The statement of basic materials. The article substantiates the expediency of transition of Ukraine from the industrial economy to the knowledge economy. In the course of the study, it was determined that education, science and innovation became the source of knowledge economy development. In Ukraine intellectual potential holds high positions in the international rankings of the world, which is the most important factor in building up the knowledge economy and the competitiveness of the state. Conclusions. As the world experience shows, the key factor to the development of the knowledge economy is the use of information, innovations and diverse knowledge that can be applied in technical, economic and social aspects. The emergence of innovative goods and services is possible with decent investment in education and science only.