The Innovative Potential of the National Economy: the Nature and Structure Cover Image

Інноваційний потенціал національної економіки: сутність та структура
The Innovative Potential of the National Economy: the Nature and Structure

Author(s): Tatyana Vinnitska
Subject(s): Economy, National Economy, Business Economy / Management, Micro-Economics, Socio-Economic Research
Published by: Кіровоградський національний технічний університет
Keywords: innovation potential; innovation activities; innovation resources; innovation projects

Summary/Abstract: The aim of this article is determination of the concept “innovation potential” and its structure. The logical way of studying is the essence of the concept “innovation potential” to get the meaning innovation components and potential. Innovation should be considered like the end of an innovative activity with getting the positive result. In the general meaning the potential is the available opportunities, the resources, the stocks that can be used for reaching some aim, solving any task or for supporting and saving anything. According to UNSCO, the innovation potential of a country – is the complex of resources that the country has and which is used for making scientific researches, inventions and technical innovations and for solving national and international govermental problems. Thus, innovation potential is the ability to provide the expected income in the way of application innovations in different fields (production, management, financial and marketing activities) etc. and the complex of overt and covert resources, that are required for making innovations and effective implementation of economic activity’s subjects innovative strategy.