FORMATION OF THEORETICAL FUNDAMENTALS AND STRATEGY OF INVESTMENT-INNOVATIVE ECONOMIC DEVELOPMENT AT MACRO AND MICRO LEVEL IN GLOBALIZATION CONTEXT

  • Yaroslav Izmaylov Kryvyi Rih Economic Institute of SHEE "Kyiv National Economic University named after Vadym Hetman"
Keywords: theoretical fundamentals, strategy, investment-innovative development, globalization

Abstract

The article considers the theoretical foundations and strategic directions of investment -innovative development at the macro and micro level in a global environment. Summarizing the approaches developed in domestic and world science, the author has formulated a copyright definition of innovative development. The study has revealed the chain nature of investment - innovative development that has sequential generation of innovation through investments in a geometrical progression to infinity. To meet the needs of the analysis and formation of the strategy of investment-innovative development of Ukrainian economy at the macro and micro level in the context of globalization, the author has recommended to use a common methodological approach to record keeping and reporting, determining components of investment - innovative development and to provide for the replacement of the term "investment" activities with "investment-innovation" activities in the accounting documents.

Author Biography

Yaroslav Izmaylov, Kryvyi Rih Economic Institute of SHEE "Kyiv National Economic University named after Vadym Hetman"
PhD

References

Academic Explanatory Dictionary of the Ukrainian language. (1980). [Electronic resource]. Retrieved from http://sum.in.ua/. [in Ukrainian].

Dictionary of Economic Terms. (n.d). [Electronic resource]. Retrieved from

http://www.ekonomiks.net.ua. [in Ukrainian].

Gordienko, V.P. (2012). Innovation and investment model of regional cooperation. EU. Business-Inform, Vol.8, 40-43. Retrieved from http://dspace.uabs.edu.ua›jspui…8993/2/Gordienko 22.pdf . [in Ukrainian].

Hlaziev, S.Y. (2010). The strategy of advanced development of Russia in conditions of global crisis. [Monograph]. Moscow: Economics. [in Russian].

Ivanova, N.V. (2014). The investment component of the model of development of innovative economy of Ukraine. Efficient Economy, Vol. 5, 35-39. Retrieved from

http://www.economy.nayka.com.ua/?op=1&z=3005. [in Ukrainian].

National standart of accounting. (2013). Official web portal Verkhovna Rada of Ukraine. [Electronic resource]. Retrieved from http://zakon.rada.gov.ua/. [in Ukrainian].

Schumpeter, J. (1982). Theory of Economic development. Moscow: Progress. [in Russian]. Uhina, A.V. (2016). Innovative investment-growth factors the Economic. Economic science.

Vol. 2, 197-199. Retrieved from http://economy.science-review.ru/ru/article/view?id=809. [in Russian].

Zhurovskyy, M.Z. (2010). Fundamentals of sustainable development of society: Lectures 2

Parts. Kyiv: NTU "KPI". [in Ukrainian].


Abstract views: 279
PDF Downloads: 157
Published
2017-01-02
How to Cite
Izmaylov, Y. (2017). FORMATION OF THEORETICAL FUNDAMENTALS AND STRATEGY OF INVESTMENT-INNOVATIVE ECONOMIC DEVELOPMENT AT MACRO AND MICRO LEVEL IN GLOBALIZATION CONTEXT. Scientific Journal of Polonia University, 20(1), 24-31. https://doi.org/10.23856/2002