The purpose of the paper is to analyse the role of international technology transfer (as part of an economic system) in the processes of creating and applying innovation, as well as the impact of technology on the efficiency of economic activity conducted by business entities. The study encompasses the economic activity of European Union countries and the companies functioning in the framework of national economic systems. The analysis was conducted by means of the soft modelling method. This method enabled to examine links between variables which are not directly observable in particular between international technology transfer and innovation. The results demonstrate that for countries relying on international technology transfer, being part of an economic system does have a positive impact on innovation. Thanks to international cooperation, companies (and countries in general) become more involved in innovation activity, which enhances their competitive position.
StreszczenieStruktura gospodarki jest konsekwencją przebiegu procesów innowacyjnych w przedsiębiorstwach zarówno w aspekcie działalności B+R, wdrożeń, jak i dyfuzji. Procesy innowacyjne wpływają na konkurencyjność technologiczną, wiążąc zmiany udziałów rynkowych w kraju i zagranicą z ich potencjałem technologicznym. Wzrost produktywności wynikający z wyższej innowacyjności, połączony ze wzrostem poziomu inwestycji technologicznych, oddziałuje na zmianę relatywnych, jednostkowych kosztów działalności i wzrost popytu na bardziej zaawansowane technologicznie produkty, w ten sposób decydując o dynamice rozwoju gospodarczego.Dynamiczne zmiany współczesnych systemów gospodarczych determinują konieczność stworzenia warunków instytucjonalnych (polityki gospodarczej), które pozwalają wykorzystać rosnącą rolę rynku oraz ograniczyć bezpośrednie oddziaływanie rządu w procesach gospodarczych. Proces ten przebiega z różnym nasileniem w skali gospodarki światowej, rzutując na kształt systemów innowacyjnych, modyfikując je, jak również tworząc nowe warunki ich działania.Polityka gospodarcza staje się kluczowym instrumentem oddziaływania na procesy innowacyjne i tym samym strukturę technologiczną gospodarek. Działa ona wielokierunkowo i powoduje głębokie zmiany w kierunkach rozwoju innowacyjnego. Jednak nie zawsze są to zmiany pożądane, które prowadzą do wyż-szej efektywności gospodarczej.
‘Creative destruction’ is one of the most important analytical tools, taking into consideration both the economic and sociological characteristics of capitalist society. According to Schumpeter, in the long term, evolution gives rise to economic develo-pment resulting from batches of innovative solutions, leading to improvements in the standard of living. The innovation activity of firms is based on supply-side factors, hence it is large en-terprises that excel in innovation since they strive to achieve a monopoly market posi-tion and above-average profits. Schumpeter attempts to combine two elements: the spread of monopolies and the con-tinuation of economic development, both occurring through innovation, which is far more important than price competition. The Schumpeterian ‘creative destruction’ permeates the main aspects of macroeconomic activity, not only in the long term, but also in the area of economic fluctuations, structural changes, or the functioning of markets. As a result, it becomes a factor determining changes in the economic order.
Purpose: The authors of the article try to situate the Belt and Road Initiative (BRI)-Chinese flag international project-in theory and turn attention to the risks accompanying it. The article examines the applicability of a theoretical concept connected with the sharing economy towards the Belt and Road Initiative. Presenting the idea of shared development is a novelty in the approach towards BRI. It puts China at the center of the future globalization wave, describing the process with Chinese characteristics and comparing it with Western-style globalization. The aim of this research is also to assess and discuss the disadvantages and threats of the Belt and Road Initiative from different points of view countries/participants involved, the world economy, and China itself. Design/Methodology/Approach: The main tool used in the first part of the research is a literature analysis, whereas, in the second part, logical reasoning based on a critical analysis of recent and older literature and official Chinese statements have been used. The third part of the reasoning is based on empirical examples from Belt and Road countriesthis being a base for synthesizing the research. A qualitative method was applied to this research. Findings: The study results have confirmed that given the various aspects concerning the BRI, the initiative is a source of both opportunities and threats for all the participating sides. Practical Implications: The results can be used to estimate the positive and negative consequences of individual economies' engagement in the BRI project. They may enhance or warn the engaged countries as far as this grand project's participation is concerned. Originality/value: The concept of shared development as the theoretical base for the Belt and Road Initiative is a complete novelty. The multifaceted approach towards the positive and negative sides of BRI is also not popular in the literature. The model used in the article is the effect of the authors' own work.
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