INOVATIVNI SLOŽENI PROIZVODI KAO REGIONALNI IZAZOVI
INNOVATIVE COMPLEX PRODUCTS AS REGIONAL CHALLENGES

Author(s): Radmilo Todosijević, Miloš Todosijević
Subject(s): Economy, National Economy, Public Finances
Published by: Finrar d.o.o Banja Luka
Keywords: product; technology; region; cooperation; economy; strategy; digitalization;
Summary/Abstract: We are looking towards process’ of digital transformation of economy and society, and inclusion into flows of international activities. If intellectual capitalism is at hand, or better said intellectualization of working process’ and relations of knowledge and total education on value matrix, keep going up. Identification of actual movements, as sum of information, determine a scientific base in terms of actualities for leads in scientific research, whose results would be desired for the firm, economy and society. Innovation and creativity, through digital network, come on scene. Does the evolution undermine a rapid growth and development or does it insist on gradualness just like nature does? Can destructive force of mind and capital jeopardize process of intellectualization and digitalization. How can we develop a defense mechanism and protect our own functioning and trends of growth? Internet, robotics, telecommunications,computers, cloud computing, cyber-physical systems and big data systems are included in application of economic development concept. Why a complex product? Only a complex product can allow a development of all scientific, technical, and business cooperation. Matters of independence and roundness of process will always be questioned, which initiates changes and improve as well as a tendency of redistribution of jobs in regional and world economy. Without a complex product there can be no diversification nor business cooperation. We point out that with every new technological and business breakthrough at least 1% of new jobs are created in comparison to the ones that are lost. On the other side:acceleration yes, but hard and fast lines is almost impossible. Fullness is inevitable. We call upon Newton’s laws and put them into economic terms.

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