Analisys of global aspect of formation of institutional innovative strategies

Authors

DOI:

https://doi.org/10.15587/2312-8372.2018.150767

Keywords:

innovative strategy, government policy, innovation networks, strategic analytics of innovations

Abstract

The object of research is institutional strategies of innovative development, taking into account the international factor. The modern world is characterized by global accessibility, openness and rapid spread of information and innovations in the global economic environment, virtualization, and then the uncontrollability of the financial sector and the growing role of other factors of globalization. One of the most problematic places is that governments should more effectively choose priorities in the framework of international political and economic strategies in order to strengthen their own positioning in the field of competition.

Both classical scientific methods (analysis and synthesis, logical generalization, analogies, comparative comparison), and specific methods of the economy of high technologies and innovation management are used.

An analysis of the evolution of innovation policy is carried out and it is determined that modern innovation policy acts as a part of the state’s foreign policy strategy in the international arena in conditions of competition for sales markets, investments and resources. The content of the state innovation policy, including its geopolitical context, is determined in the framework of processes in four main areas: development of priorities, budget allocation and evaluation; political coordination mechanisms; system of interaction with external stakeholders.

The influence of the international factor on the strategic state policy is analyzed. As part of this approach, innovation policy is considered as a coordinated state initiative to mobilize national resources to accelerate technological change and retain leadership in global competition.

The tasks of the strategic analytics of innovations are determined, in particular, the development of a system of information and analytical support for institutional interaction in priority areas of science, technology and innovation policy for adapting best world experience and solving problems of ensuring effective solution of socio-economic problems. As well as the integration of participants in the innovation system into international scientific networks and projects.

By considering the conceptual foundations of innovative strategies, it is possible to develop appropriate government policies.

Author Biography

Vitaliy Omelyanenko, Sumy State Pedagogical University named after A. S. Makarenko, 87, Romenska str., Sumy, Ukraine, 40002

PhD

Department of Business Economics and Administration

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Published

2018-05-31

How to Cite

Omelyanenko, V. (2018). Analisys of global aspect of formation of institutional innovative strategies. Technology Audit and Production Reserves, 6(5(44), 29–35. https://doi.org/10.15587/2312-8372.2018.150767

Issue

Section

Problems of Macroeconomics and Socio-Economic Development: Original Research