THE INCLUSIVE DEVELOPMENT CONCEPT AS A MODERN PARADIGM FOR INTENSIFICATION OF IMPLEMENTATION OF INNOVATIONS

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

  Oksana Prodius

Abstract

The aim of the article is to generalize the approaches to the definitions of inclusive economic development as a modern paradigm of intensification of innovation. The main methodological method of research is a system-structural approach that allows you to most effectively organize the search to solve problems. Methods of comparative, functional analysis, classification are also used. The theoretical basis of the article has been the conceptual provisions and scientific principles developed by domestic and foreign scientists on issues of inclusive economic development, tools for its implementation. However, the problems related to the development and implementation of an effective mechanism for the implementation of the inclusive economy in the context of the intensification of innovative development remain incomplete. The importance and significance of these issues led to the choice of the topic of the article, setting the purpose and objectives of the study. The main indicators of Ukraine’s inclusive development are analysed and the factors hindering the inclusion effective development are identified. The adoption of a new system for assessing economic development by the world community will help to adjust the domestic policies of a number of states, which will contribute to international economic integration and the development of the methodological framework of national and international statistics bodies. It has been found that 11 indicators out of 12 in Ukraine have a negative trend. Among them, the largest decline has been observed in labor productivity and the share of public debt in GDP. One of the most important obstacles to inclusive economic development has been found to be high levels of inequality, which limit access to education for different groups and negatively affect the labor market, which is filled annually with low-skilled labor. Expanding quality and access to education plays a crucial role in overcoming this barrier. It has been proven that the concept of inclusive development can best ensure the implementation of the principles of sustainable and balanced development, while avoiding such threats as: crises related to lack of resources and limited access to them; increasing social inequality and poverty; exclusion of certain marginal groups from the political, economic and social life of society; rising unemployment; social and political conflicts; environmental crises. The relevance of inclusive innovations for the economy development is substantiated and the directions of state policy are formed to ensure inclusive innovation development. The directions of cooperation between the state and business are proposed to ensure not only inclusive economic development, but also its connection with public investment policy, which would reduce the level of inequality in society and contribute to improving the citizens’ well-being.

How to Cite

Prodius, O. (2020). THE INCLUSIVE DEVELOPMENT CONCEPT AS A MODERN PARADIGM FOR INTENSIFICATION OF IMPLEMENTATION OF INNOVATIONS. Three Seas Economic Journal, 1(1), 60-65. https://doi.org/10.30525/2661-5150/2020-1-10
Article views: 22 | PDF Downloads: 9

##plugins.themes.bootstrap3.article.details##

Keywords

inclusive development, economic growth, innovation process, inequality, Inclusive Development Index, inclusive innovations, education, business

References

The Inclusive Growth and Development Report 2017: Insight Report the World Economic Forum. – January 2017. Retrieved from: http://www3.weforum.org/docs/WEF_Forum_IncGrwth_2017.pdf (accessed: 05 May 2020).

Zadoja, O. A. (2019). Instrumenty ta naprjamy realizaciji strateghiji inkljuzyvnogho rozvytku v Ukrajini [Apparatus and directions of inclusive development strategy implementation in Ukraine]. Akademichnyj oghljad, vol. 2(51), pp. 5–14.

Prodius, O. I. (2017). Inkljuzyvni innovaciji v konteksti socialjnoji vidpovidaljnosti pidpryjemstva [Inclusive Innovations in the context of social responsibility of the enterprise]. Naukovyj visnyk Uzhghorodsjkogho nacionaljnogho universytetu, vol. 14, pp. 84–88.

Fedulova, L. I. (2016). Inkljuzyvni innovaciji v systemi socialjno-ekonomichnogho rozvytku [Inclusive innovations in the system of socioeconomic development]. Ekonomika: realiji chasu, vol. 3(25), pp. 56–65.

Vdovichena, O. Gh. (2018). Inkljuzyvnyj rozvytok – suchasna paradyghma stijkogho ekonomichnogho zrostannja [Inclusive development – a modern paradigm of sustainable economic growth]. Visnyk Chernivecjkogho torghoveljno-ekonomichnogho instytutu. Ekonomichni nauky, vol. 3, pp. 17–29.

Vdovichen, A. A., & Vdovichena, O. Gh. (2017). Dysproporcijnistj innovacijnykh naprjamkiv strukturnoji perebudovy promyslovosti Ukrajiny: ghoryzontaljnyj ta sektoraljnyj pidkhody [Dispropority of innovative sectors of structural reorganization of the industry of Ukraine: horizontal and sectoral approaches]. Visnyk Chernivecjkogho torghoveljno-ekonomichnogho instytutu. Ekonomichni nauky, vol. 3, pp. 27–39.

Proghnimak, O. D. (2018). Inkljuzyvnyj rozvytok Ukrajiny: pereshkody vs perspektyvy [The inclusive development of Ukraine: obstacles vs prospects]. Ekonomichnyj visnyk Donbasu, vol. 1(51), pp. 187–197.

Pereghudova, T. V. (2016). Socialjna inkljuzija jak element socialjnoji polityky: Jevropejsjki uroky dlja Ukrajiny [Social Inclusion as an element of social policy: european lessons for Ukraine]. Naukovyj visnyk Mizhnarodnogho ghumanitarnogho universytetu, vol. 19, pp. 98–102.

Mancurov, I. Gh. (2018). Inkljuzyvnyj rozvytok jak osnova protydiji vyklykam sjoghodennja [Inclusive growth as a basis for countering the global challenges of nowadays]. Ekonomika Ukrajiny, vol. 10(683), pp. 71–87.