INNOVATIVE POTENTIAL AS A FACTOR OF LOCAL ECONOMY GLOBAL POSITIONING
Asynchrony of the innovative modernization’s rates in the different countries defined by different terms of local economies connecting with this global trend. The modern role of the local society in the promotion of innovative progress depends on many factors, including cultural, social, religious, economic, and political. Development of methodology for assessing the local economy’s capacity for generation and commercialization of innovations will improve the efficiency of public institutions, local business, and public administration. The introduction of the innovative potential’s evaluation in the definition of strategic benchmarks of local economy progress will increase its stability in unstable global markets; will qualitatively change the structure and content of social interactions.
International College Suan Sunandha
Rajabhat University, Bangkok, Thailand