International Intellectual Economy: Peculiarities of Definition and Evaluation in the Context of Sustainable Development
Journal Title: Journal of European Economy - Year 2018, Vol 17, Issue 4
Abstract
The issue of the definition of the intellectual economy is investigated. The essence of knowledge economy and knowledge-based economy is defined, the similarity and difference of the categories are formulated. The approaches of western and national scientists to the peculiarities of the definition of an intellectual economy are analyzed. The connection of the intellectual economy with the concept of sustainable development as a priority trend is established. It is established the essence of the intellectual economy and its main participants that form the structure of the world intellectual economy. The factors that influence on the intellectual economy through the usage of international indexes are investigated. They characterize the activity of each participant of this system. The approach to the estimation of the world intellectual economy condition based on the integral index of the intellectual economy is proposed. It consists of five international indexes that are brought about to a single coordinate information system. The expert estimation method was used in determining the weighting coefficients of each international index in the integral index of the intellectual economy. The integral index of the intellectual economy has been calculated for certain formation centres of the structure of the intellectual economy: the USA, Japan, Poland, China, India, Russia and Ukraine. The expediency of further participants’ research and structure of the world intellectual economy is substantiated.
Authors and Affiliations
Yuliia Orlovska, Khrystyna Dryhola
Keywords
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