Innovative economy: Factors and contradictions of development, levels of formation
Аннотация
The global economic growth nowadays could be characterized by the increasing rate of change. To remain competitive, economic entities must maintain a high rate of innovative activity. Innovations became a main factor of both viability and competitiveness of economic agents. This article reveals the essence of an innovative economy, complex and multilevel, influenced by a huge number of factors, both economic and non-economic. The innovativeness of economic entities is manifested through the ability to generate innovations of all types, of any scale, at all levels of the national economy, which provides an intensive type of development by creating favorable conditions for their implementation.