KEY FACTORS OF INNOVATIVE DEVELOPMENT AND THEIR IMPACT ON EU TRANSFORMATIONS TO SUSTAINABLE ECONOMY

  • Daria Ivanova Rostov State University of Economics, Rostov-on-Don
Keywords: innovation-based economy, innovative potential, sustainable economy, the European Union, innovation-based modernization

Abstract

By now, the European Union has already accumulated quite a solid theoretical basis along with a range of applied measures for stimulation of innovations-based economic development on the supranational level. Studying this experience is relevant for other regional integrations in part of both economic development and innovations. Thus, this article considers the very notion of innovation-based economy along with the criteria of innovativeness of the economic systems and then evaluates the asynchronous nature of innovative progress across the EU. Afterwards, recommendations on innovation-based alignment of economic development rates are provided taking into account such important aspects as modernization of the industrial policy, innovations’ transfer and generation of innovations at the regional level. 

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Author Biography

Daria Ivanova, Rostov State University of Economics, Rostov-on-Don

is a candidate of sciences; PhD – candidate lecturer  in Rostov State University of Economics, Rostov-on-Don, Russia.

Research interests: sustainable economics, green economy, national competitiveness, globalization

Published more than 25 articles in Russian and International journals, participated in 15 International scientific – practical conferences and workshops. 

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Abstract views: 55
PDF Downloads: 53
Published
2022-11-02
How to Cite
Ivanova, D. (2022). KEY FACTORS OF INNOVATIVE DEVELOPMENT AND THEIR IMPACT ON EU TRANSFORMATIONS TO SUSTAINABLE ECONOMY. The EUrASEANs: Journal on Global Socio-Economic Dynamics, (6(37), 53-63. https://doi.org/10.35678/2539-5645.6(37).2022.53-63