Mathematical Model of the Influence of Innovative Development Factors on the Economy of Leading Countries and Russia

 
 
 
  • Abstract
  • Keywords
  • References
  • PDF
  • Abstract


    This article is dedicated to the econometric analysis of the influence of different factors on the economic development. It has been proved that the gross domestic product is under the influence of exogenous variables such as value added of knowledge and technology intensive industries (KTI), number of patents granted in smart grid technology and expenditures on R&D. Creation of econometrical models provides an empirical evidence to support the evaluation of economic relationships, which occur in a modern economy in the era of development of digital technologies.

    The penetration of information and communication technologies (ICT) into all sectors of the economy and the sphere of vital activity of the population is a key factor of scientific, technical and economic progress in the context of globalization. Opportunities and difficulties of the countries of the world in the transition to a post-industrial economy reflect international ratings. They characterize the unevenness of innovative development and the use of innovations and information technologies. For the analysis of Russia's positions in the world innovation economy, several international ratings of innovative development have been selected (The Global Innovation Index, The Networking Readiness Index, and The Global Competitiveness Index). The analysis showed not only the representativeness of the international innovation ratings chosen for the analysis, but also the high correlation between the indices in international innovation ratings and individual indicators of economic development of countries. The importance of policies in the use of ICT and the digital economy for structural changes in the economy is noted.

    Russia is inferior to the world's leading leaders in terms of innovation activity and economic development. In the light of the economic sanctions of the economically developed countries of the West against Russia, this gap may even increase. Assessing Russia's position in international innovation development ratings, including R & D spending, has highlighted the need to take into account global trends and challenges, and econometric analysis helps to understand the world trends better and to offer reasoned  recommendations for improving the situation in this area.

    The recommendations will facilitate Russia's early transition to a socially-oriented innovative type of economic development. The main direction is the development of the national innovation system and the inclusion of Russia in the global innovation space.

    The purpose of this research is to describe mathematically the influence of modern innovative factors on economy on the example of one of the leading countries, to characterize Russia's position in international innovation ratings and highlight Russia's problems in research and innovation. Results and practical importance are to issue recommendations for improving the activation of Russia's involvement in the process of internationalization in the field of research and innovation. It is necessary to adjust the direction of further development.

     

     


  • Keywords


    Russia, Germany, econometric model, internationalization of innovative activity, innovative economy, R&D, innovative development, ICT, KTI.

  • References


      [1] Order of the Government of the Russian Federation of December 8, 2011 No. 2227-r “On the Strategy for Innovative Development of the Russian Federation for the Period to 2020”, http://www.garant.ru/products/ipo/prime/doc/70006124/#ixzz3UhTLLr8l.

      [2] Knowledge for Development: Knowledge Economy Index (2012), World Bank, http://info.worldbank.org/etools/kam2/KAM_
      page5.asp.

      [3] The Global Competitiveness Report (2015-2016), World Economic Forum, Geneva, Switzerland, http://www3.weforum.org/docs/
      gcr/2015-2016/Global_Competitiveness_Report_2015-2016.pdf.

      [4] The Global Information Technology Report 2016 (2016), Innovating in the Digital Economy. The Networked Readiness Index 2016, World Economic Forum, https://www.wsj.com/public/resources/
      documents/GITR2016.pdf.

      [5] The Global Innovation Index 2017 (2017), INSEAD (The Business School for the World) and the World Intellectual Property Organization (WIPO), http://www.wipo.int/edocs/pubdocs/en/wipo_pub
      _gii_2017-intro5.pdf.

      [6] Gigler B-S (2011), Informational Capabilities: The Missing Link for the Impact of ICT on Development. World Bank, Washington, http://siteresources.worldbank.org/INFORMATIONANDCOMMUNICATIONANDTECHNOLOGIES/Resources/Informational
      CapabilitiesWorkingPaper_Gigler.pdf.

      [7] Antipova E, Rodionova I (2014), Geography of the scientific sphere in the context of the globalization of the world economy. Vestnik of the Belarusian State University (BSU), Series 2: Chemistry, Biology, Geography, 1, pp: 71–77.

      [8] Epifantseva A, Rodionova I (2016), Features of Russia's involvement in the process of internationalization of innovation activity / Metamorphoses in the spatial organization of the world economy at the beginning of the XXI century. Moscow: University Book,
      pp: 221-227.

      [9] Isaksen A (2011), Building Regional Innovation Systems: Is Endogenous Industrial Development Possible in the Global Economy? Canadian Journal of Regional Science, 24(1), pp: 101-120, https://www.questia.com/read/1G1-82077723/building-regional-innovation-systems-is-endogenous.

      [10] Kholina V, Mironova M (2012), Russian Economic Space: Evolution during Period of Reforms, Growth and (1990–2010). Miscellanea Geographica – Regional Studies on Development, Issue 1,
      pp: 23–29, http://www.degruyter.com/view/j/mgrsd.2012.16.issue-1/issue-files/mgrsd.2012.16.issue-1.xml.

      [11] Nagirnaya A (2014), Telecommunication traffic: global disparities and international flows. Bulletin of Geography: Socio-economic
      Series
      , No. 24, pp: 177–190, http://apcz.umk.pl/czasopisma/
      index.php/BGSS/article/view/bog-2014-0021/3869.

      [12] Park SO (2001), Regional innovation strategies in the knowledge-based economy. GeoJournal, Volume 53, Issue 1, pp: 29–38, http://link.springer.com/article/10.1023/A%3A1015814611617.

      [13] Rodionova I, Gordeeva A (2010), Human development index and informatisation of society in CIS. Bulletin of Geography. Socio-economic Series, No. 13/2010, pp: 79–87, http://www.bulletinofgeography.umk.pl/13_2010/06_rodionowa.

      [14] Rodionova I, Kokuytseva T, Galkin М (2013), Expenses for scientific research and leadership of countries in the production and export of high-tech products in the 21st century: the world and Russia. Stage: economic theory, analysis and practice, No. 3, pp: 41–56.

      [15] Rodionova I (2013), Competitiveness of countries in the world innovation economy: East-Central Europe and Russia. Quaestiones Geographica, 32(2), pp: 15–24, http://www.degruyter.com/view
      /j/quageo.2013.32.issue-2/quageo-2013-0010/quageo-2013-0010.
      xml?format.

      [16] Science and Engineering Indicators – 2018 (2018), Appendix
      (tables 6). Two volumes. Arlington, VA: National Science Foundation, USA.

      [17] The ICT Development Index (IDI) (2017), Measuring the Information Society Report, http://www.itu.int/net4/ITU-D/idi/2017/
      index.html.

      [18] G20 Innovation Report 2016 (2016), Report prepared for the G20 Science, Technology and Innovation Ministers Meeting. Beijing, China, http://www.oecd.org/china/G20-innovation-report-2016.pdf.

      [19] Galkin M, Rodionova I (2013), National innovation systems in the internationalization of research activities. Moscow, Econ-Inform.

      [20] Rodionova IA (2014), World industry in post-industrial society: tendencies and regional shifts. Miscellanea Geographica. Regional Studies on Development, 18 (1), pp: 31–36, https://www.degruyter.
      com/downloadpdf/j/mgrsd.2014.18.issue-1/v10288-012-0044-z/
      v10288-012-0044-z.pd.

      [21] Global R&D Funding Forecast (2016), Industrial Research Institute (IRI), Washington, D.C., http://www.iriweb.org/sites/default/
      files/2016GlobalRDFundingForecast.pdf.

      [22] UNESCO Science report 2015: Towards 2030. (2015), https://light2015blog.org/2015/11/13/unesco-science-report-towards-2030/.

      [23] World Bank Open Data, https://data.worldbank.org/indicator/
      GB.XPD.RSDV.GD.ZS?view=chart.


 

View

Download

Article ID: 24592
 
DOI: 10.14419/ijet.v7i4.38.24592




Copyright © 2012-2015 Science Publishing Corporation Inc. All rights reserved.