THE COMPETITIVENESS OF INNOVATIONS AS SUSTAINABLE DEVELOPMENT OF THE NATIONAL ECONOMY

Abstract

The analysis of features of innovative development of national economy is con¬ducted in the article. It is certain that Ukraine has its own model of innovative develop¬ment. However cyclic character has indexes of innovative activity of subjects of national economy that allowed drawing conclusion about imperfection of national model of in-novative development. Influence of innovations is shown on the competitiveness of the economic sys¬tem that depends on introductions of new technique, technology, new methods of man¬agement, new commodities and services, new organization of production management, new labour organization and its safety. It is educed, that over realization of the innovative programs brings to the competitiveness in national economy. Innovative transformation strategy of the economic system is especially rel¬evant for Ukraine. Combining the effects of globalized development with the increasing influence of technological factors have stimulated the modification of the modern eco¬nomic development model of the national economy in which innovation becomes a key factor to sustain competitiveness, growth and prosperity.

Authors and Affiliations

O. P. Radchenko, O. I. Shavalyuk

Keywords

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  • EP ID EP370445
  • DOI -
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How To Cite

O. P. Radchenko, O. I. Shavalyuk (2017). THE COMPETITIVENESS OF INNOVATIONS AS SUSTAINABLE DEVELOPMENT OF THE NATIONAL ECONOMY. Ринкова економіка: сучасна теорія і практика управління, 16(1), 185-198. https://europub.co.uk/articles/-A-370445