The Peculiarities of State Regulation of Innovation Activities of Enterprises in the Global Economy

Yuri A Kolesnikov,Victoria N Ostrovskaya,Ekaterina Parshina,Anastasia M Usenko,Tatiana V Epifanova

doi:10.5709/ce.1897-9254.221

Abstract

The purposes of this article are to determine the peculiarities of state regulation of the innovational activity of enterprises in the global economy, to determine the level of connection between a country’s competitiveness in the global economy and the effectiveness of state regulation of innovational activity in that country, and to develop recommendations for improving the process of state regulation of innovational activity of enterprises in the global economy. To determine the level of connection between a country’s competitiveness in the global economy and the effectiveness of state regulation of innovational activity in that country, this study uses the method of correlation analysis, which calculates the coefficient of correlation using mathematical instruments and program methods (MS Excel and MathCad). To evaluate the effectiveness of state regulation of innovational activity of enterprises in the global economy, this study uses a specially developed proprietary methodology. As a result of this research, the authors determined the following peculiarities of state regulation of innovational activity of enterprises under the conditions of the global economy: an increased role of the innovational sphere in the development of economies, an accelerated rate of development of innovations, activation of the export of innovations, regulation of the entire economy through regulation of the sphere of innovations, and domination by indirect methods of state regulation of innovational activity of enterprises. For the purpose of improving the process of state regulation of the innovational activity of enterprises under the conditions of the global economy, the authors of this research offer an optimization model.

Highlights

At present, one of the most important trends in the development of the global economy is the formation of the knowledge economy
To verify the proposed hypothesis and determine the level of connection between a country’s competitiveness in the global economy and the effectiveness of state regulation of innovational activity in that country, this study uses the method of correlation analysis, which calculates coefficients of correlation using mathematical instruments and program methods; in this case, the authors chose MS Excel and MathCad
This allows calculating the values of the coefficients of effectiveness of state regulation of innovational activity of enterprises in the global economy in the USA, France, and Russia for 2010-2014 (Table 1)

Summary

A Service of zbw

Kolesnikov, Yuri A.; Epifanova, Tatiana V.; Usenko, Anastasia M.; Parshina, Ekaterina; Ostrovskaya, Victoria N. Suggested Citation: Kolesnikov, Yuri A.; Epifanova, Tatiana V.; Usenko, Anastasia M.; Parshina, Ekaterina; Ostrovskaya, Victoria N. Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen. Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

Introduction

Literature review

Results