The potential of transitive economies’ growth based on innovative strategy
نویسندگان
چکیده
Estimating the potential of transitive economies it is essential to understand not only what the perspectives are but as well which strategy to follow to get the most considerable results. This paper proposes a strategy which can help countries like China, Russia etc. The purpose of this article is to present the way for further development that is based on the powerful tool for growth and sustainability – innovations. The aim is achieved through comprehensive analysis of the current state, strength and weaknesses of transitive economies. The work must be attributed equally to the two authors. Key-Words: competitiveness, economic growth, innovations, transitive economies, blue ocean strategy.
منابع مشابه
The Role of Innovative Entrepreneurship in Economic Development: A Study of G20 Countries
Innovation and entrepreneurship are considered key factors of growth and survival of modern economies. According to Schumpeter (1934), “carrying out innovations is the only function which is fundamental in history". The review of recent studies reveals that high levels of newly growing up innovative firms are strongly related to economic growth (Stam, 2008).The vinculum of innovation, entrepren...
متن کاملThe Challenge of Economic Growth and Environmental Protection in Developing Economies
T he main objective of the present study is to find out a clear answer to the question raised in developing countries, that whether such developing economies could be able to achieve economic growth as well as protect their environment simultaneously or these economies still suffer from a severe conflict between environmental protection and economic growth. So, different categories o...
متن کاملEco-innovation: the profile of Poland in comparison to the European Union
Innovativeness, determining the development potential of enterprises and economies, and hence the economic welfare of societies, became an important area of interest for both theoreticians and especially economic life practitioners. Thus, in this study of the subject there can be found numerous definitions and types of innovation, including environmental innovation, being a response to the dema...
متن کاملThe Economies of Scale in Iran Manufacturing Establishments
One of the topics after two decades of applying import substitution policy in Iran manufacturing sector is the importance of industrial export expansion and foreign relations. The main impetus to this policy transfer is the market expansion and potential gains of exploiting the economies of scale and technical upgrades. Based on this argument this research estimates the efficient scale and gain...
متن کاملA study of strategy of Small Economies facing the Transition of large Economies Industrial Structure
Taiwan economy has always been export-oriented, creating tightly-linked industrial chains between cross-straits companies tightly. Understanding the influence of transforming industrial patterns of major economic entities would be critical for long-term cooperative small economic entities (countries or regions) in the periphery. The author of this paper has thus analyzed the influences and ...
متن کامل