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A breakthrough economy: On the theory of economic systems change management

Author

Listed:
  • Ivan D. MATSKULYAK

    (The State University of Management)

  • Nadezhda T. SAPOZHNIKOVA

    (The State University of Management)

  • Gocha P. KHARCHILAVA

    (The State University of Management)

Abstract

The theory and methodology of changes in economic systems, as well as the market practice, have no necessary developments of the content of a breakthrough economy. The paper looks at the concept of breakthrough economy as an innovative system of relationships between economic subjects concerning their organization and production management that actively applies the combined knowledge of the aggregate worker and artificial intelligence outside of traditional trends. The methodological framework includes theoretical provisions of the life cycle hypothesis, innovation theory and entrepreneurship theory. The main sources of a breakthrough economy – national and production culture, its values, intellectual potential and accumulated knowledge – are revealed through the methods of scientific abstraction, unity of logical and historical approaches, generalization, cause and effect analysis and dialectic method. The authors stress two aspects of a breakthrough economy, i.e. creative and destructive, and specify its properties, such as exclusivity and dual purpose. We generalize about the conditions for forming this type of innovations in the Russian regions. The study presents the idea about special economic zones, the purpose of which is to develop high-tech sectors of the Russian economy and import-substituting industries, and to create new types of products. The theoretical and practical importance of the study is that the presented understanding of a breakthrough economy can be useful both to enterprises seeking to adjust their innovative strategies and to state authorities when implementing a new economic policy

Suggested Citation

  • Ivan D. MATSKULYAK & Nadezhda T. SAPOZHNIKOVA & Gocha P. KHARCHILAVA, 2019. "A breakthrough economy: On the theory of economic systems change management," Upravlenets, Ural State University of Economics, vol. 10(4), pages 75-84, September.
  • Handle: RePEc:url:upravl:v:10:y:2019:i::p:75-84
    DOI: 10.29141/2218-5003-2019-10-4-7
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    References listed on IDEAS

    as
    1. Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, March.
    2. Joseph E. Stiglitz, 2017. "The Revolution of Information Economics: The Past and the Future," NBER Working Papers 23780, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    breakthrough economy; breakthrough innovations; breakthrough technologies; science-driven product; economic shift; special economic zone.;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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