INTERNATIONAL INTELLECTUAL ECONOMY: PECULIARITIES OF DEFINITION AND EVALUATION IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
DOI:
https://doi.org/10.35774/jee2018.04.441Keywords:
Intellectual economy, knowledge economy, intellectual economy estimation, sustainable development.Abstract
The issue of the definition of the intellectual economy is investigated. The essence of knowledge economy and knowledge-based economy is defined, the similarity and difference of the categories are formulated. The approaches of western and national scientists to the peculiarities of the definition of an intellectual economy are analyzed. The connection of the intellectual economy with the concept of sustainable development as a priority trend is established. It is established the essence of the intellectual economy and its main participants that form the structure of the world intellectual economy. The factors that influence on the intellectual economy through the usage of international indexes are investigated. They characterize the activity of each participant of this system. The approach to the estimation of the world intellectual economy condition based on the integral index of the intellectual economy is proposed. It consists of five international indexes that are brought about to a single coordinate information system. The ex- pert estimation method was used in determining the weighting coefficients of each international index in the integral index of the intellectual economy. The integral index of the intellectual economy has been calculated for certain formation centres of the structure of the intellectual economy: the USA, Japan, Poland, China, India, Russia and Ukraine. The expediency of further participants’ research and structure of the world intellectual economy is substantiated.
JEL: F01, F20, F29, 057.
References
Abramowitz, M. (1956). Resource and output trends in the United States since 1870. American Economic Review. 5-23. J o u r n a l o f E u r o p e a n E c o n o m y Vol. 17. № 4 (67). October-December 2018 ISSN 2519-4070 453
Androshuk, G. A. (2006). Forecasting of innovation on the basis of the global firm's activity analysis. Problemy nauky, 5, 40-47 (in Russian).
AREC (2000). Towards knowledge-based economies in APEC. Singapore: AREC Secretariat.
Azhazha, M. A. (2007). Investing in education as a factor of intellectual progress. Social'na perspektyva i regional'nyj rozvytok, 2, 37-40 (in Ukrainian).
Brinkley, I. (2006). Defining the knowledge economy. London: The Work Foundation.
Chartland, H. H. (2006). The competitiveness of nations in a global knowledge- based economy (Unpublished doctoral thesis). University of Saskatchewan. Saskatchewan, Canada.
Drucker, P. (1950). The New Society: The anatomy of the industrial order. New York, NY: Harper & Brothers.
Fedulova, L. I. (2009). Knowledge economy. NAS of Ukraine. Kyiv (in Ukrainian).
Gaponenko, A. L. (2010). Modern knowledge market: concept, participants, forms. Problemy teorii i praktiki upravlenija, 6, 55-64 (in Russian).
Huggins, R., Izushi, H., Prokop, D., and Thompson, P. (2014). Regional competitiveness, economic growth and stages of development. Zbornik Radova Ekonomskog Fakulteta u Rijeci, 32(2), 255-283.
Human Development Index. (2018). Retrieved from: http://hdr.undp.org/en/ countries
ITU. (2017). ICT Development Index. Retrieved from: http://www.itu.int/net4/ ITU-D/idi/2017/index.html#idi2017rank-tab
Ivanova, V. V. (2011). Knowledge-based economy and knowledge economy: adequacy of using categories. Mehanizm reguljuvannja ekonomiky, 3, 47-54 (in Ukrainian)
Machlup, F. (1962). The Production and Distribution of Knowledge in the United Sttates. Princeton, N.J.: Princeton University Press.
Marshall, A. (1890). Principles of Economics. Eighth edition. London: Macmillan and Co., Ltd. 115.
OECD. (1996). The Knowledge-Based Economy. Paris: Organisation for Economic Cooperation and Development.
Romer, P. M. (1986). Increasing returns and long-run growth. Journal of Political Economy, 94(5).1002-1037. https://doi.org/10.1086/261420
Schumpeter, J. (1911). The Theory of Economic Development. Oxford: Oxford University Press. 57. Y u l i i a O r l o v s k a , K h r y s t y n a D r y h o l a International Intellectual Economy: Peculiarities of Definition and Evaluation in the Context of Sustainable Development 454
SDG Index and Dashboards Report. (2018). Retrieved from: http://sdgindex.org/assets/files/2018/01%20SDGS%20GLOBAL%20EDITIO N%20WEB%20V9%20180718.pdf.
Shahrazad, H. (2017). Knowledge Economy: Characteristics and Dimensions. Management Dynamics in the Knowledge Economy. Vol. 5, 2, 203-225. https://doi.org/10.25019/MDKE/5.2.03
Skilbeck, M. (1964). Study Group in the Economics of Education, Residual Factor and Economic Growth. Paris: Organisation for Economic Cooperation and Development.
Tapscott, D. (2014). The digital economy. Anniversary Edition: Rethinking promise and peril in the age of. networked intelligence. New York: McGraw- Hill.
WB. (2018). Doing Busines. Reforming to create jobs. Retrieved from: http://www.doingbusiness.org/content/dam/doingBusiness/media/Annual- Reports/English/DB2018-Full-Report.pdf
WEF. (2016). The Networked Readiness Index report. Retrieved from: http://www3.weforum.org/docs/GITR2016/WEF_GITR_Chapter1.1_2016.pdf
White, D. S., Gunasekaran, A., and Ariguzo, G. (2012). The structural components of a knowledge-based economy. International Journal of Business Innovation and Research, 7(4), 504-518. https://doi.org/10.1504/IJBIR.2013.054872
World Commission on Environment and Development. (1987). Our common future. Oxford: Oxford University Press.
Downloads
Published
How to Cite
Issue
Section
License
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
