THE FINANCIAL IMPERATIVE OF INNOVATION AND TECHNOLOGY BASED ECONOMIC DEVELOPMENT
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THE FINANCIAL IMPERATIVE OF INNOVATION AND TECHNOLOGY BASED ECONOMIC DEVELOPMENT
Annotation
PII
S0207-36760000525-6-1
Publication type
Article
Status
Published
Edition
Pages
81-104
Abstract
ln the basis of a financial analysis of the technological sectors in Ukraine's economy the author reveals financial preconditions for the change of technological orders. The article shows the limited character of the theoretical concept for the technological evolution of economic systems which fails to hold true under the conditions of transition economy. Under the unstable conditions of transition economies the technological advancement regenerates into its antipodeI i.e. technological degradation of the production with a greatly financial basis. Que to the limited character of the existing market mechanisms the author justifies the need to create a financial mechanism for technological development of the national economy with the use of state regulation.
Keywords
technological development, financial mechanism, statistical analysis, profit, profitability
Date of publication
01.11.2010
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0
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323
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