This article summarizes the arguments and counterarguments within the scientific debate on determining innovative determinants for ensuring a country’s economic security. The article summarizes the scientific approaches to determining the country’s economic security’s essence and components. Based on the generalization of existing developments, a set of the most relevant indicators for the quantitative assessment of the state’s economic security was formed. It took into account budgetary, debt, investment, and other dimensions. All partial indicators of the formation of the integral indicator of the state’s economic security were normalized using the minimax method. Integration of partial indicators was carried out based on additive convolution. A set of indicators characterizing the state’s innovative potential was formed to determine innovative drivers and inhibitors of ensuring the state’s economic security. Determining the influence of innovative parameters on the state’s economic security was carried out using the PMG toolkit in the Stata 12/SE software product. It allowed formalizing innovative determinants affecting the state’s economic security in short- (up to 1 year) and long-term (over 1 year) perspectives. For those variables for which the existence of a long-term relationship was established, an in-depth study was conducted using distributional-lag modelling. It allowed identifying specific time lags in the lateness of the response of the integral indicator of the state’s economic security to the impact of innovative determinants. The research was conducted in 11 countries, including Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Poland, Romania, and Ukraine. The time horizon of the study covers the period 2005-2020 (or the latest available period). The research results could be useful to scientists, state authorities, and local governments.
In order to characterize the process of the value chain scientifically and empirically, both at the international and regional, and local levels, and the sequence of its rings, it is first necessary to clarify the interconnected stages (rings of the chain) of reproduction. By studying the chain connection of the stages of reproduction, the sequence of formation and expansion of the value chain can be clarified. The article examines a series of links from the acquisition of primary raw materials, their processing, storage, distribution, supply, and sale, depending on the scale of the value chain in the direction of achieving the result of economic activity. It is proposed that this chain is formed based on common principles in individual countries and regions of the world, and even at the international level. The type of economic activity performed in each ring of the chain faces certain costs, the process of conversion of costs takes place, and because of the activity of each ring in the chain, the product gains added value. The process of value creation and increase in value in such a logistical movement has been clarified and a scientific conclusion has been drawn out.
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