Back Issues 11-20

INNOVATIVE DEVELOPMENT AS A FACTOR OF EUROPEAN UNION ECONOMY DIGITALIZATION

Egor V. Dudukalov

Russian Presidential Academy of National Economy and Public Administration

South-Russian Institute of Management, Rostov-on-Don, Russia

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Denis Ushakov

Suan Sunandha Rajabhat University, Bangkok, Thailand 

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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 digital 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 digital economy 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. 

Key words: innovation-based economy; innovative potential; the European Union; innovation- based modernization, digital economy 

Attachments:

1109 Final.pdf

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369 kB