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Management of innovative development of the national economic system in conditions of global acceleration of scientific and technological progress

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  • Evgeny A. Malyshev
  • Aleksandr A. Gershanok

Abstract

The problems of innovative development of countries in terms of accelerating scientific and technological progress have been studied in this article. The authors identified five main factors having a major impact on the success of the innovative economy. The authors introduce the concept of the quality of the economic and political system to assess the conditions of innovative business. The necessary requirements to the quality of the national economic system in the conditions of the innovative economy development have been defined. For the first time, the authors introduced a system of assessing the quality of the economic and political systems of the country in the innovative economy. The authors propose a multi-factor model of managing the country's innovative development using the integral quality factor of the economic system. The model is based optimal conditions for the successful functioning of the innovative companies in the national economic environment.

Suggested Citation

  • Evgeny A. Malyshev & Aleksandr A. Gershanok, 2023. "Management of innovative development of the national economic system in conditions of global acceleration of scientific and technological progress," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 26(4), pages 557-573.
  • Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:557-573
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