Competitiveness of Countries in the World Innovation Economy: Central-Eastern Europe and Russia

Abstract

abstract. The positions of countries of Central and Eastern Europe as well as Russia are listed in ranking tables by aggregated indices which characterise the readiness of the countries to transfer their economies to innovative development. The connection between the use of information technologies and national economic development based on the innovative economy is established. The author characterises the positions of Russia and the new EU members in terms of international indices, including the Global Competitiveness Index.

Big data: Measuring how information technology can improve the economic growth and better life

“…The final index value is obtained by consecutive aggregation of the indicators into subcategories, categories, subindex and an index. The Index Calculat ion is the main issue of debate around composite indices of development [ 8]. To illustrate the composite indices calculation formula, it is useful to introduce some co mmon mathematical notation:…”

World industry in post-industrial society: tendencies and regional shifts

“…Characteristics of changes in the distribution of some specific industries, reflecting the complex migration processes in the global industry, are characterized by the author (Rodionova, 2000;Rodionova, 2002;Rodionova, 2009Rodionova, , 2010Rodionova, , 2012Rodionova, , 2013.…”

“…In addition, the transformation of a three-dimensional space of R&D (USA -EU -Japan) to a fourdimensional space (USA -EU -China -Japan) took place.. The most rapidly evolving research and scientific-industrial activities are noted in Asia and especially in China (Galkin, Rodionova 2013;Rodionova 2013).…”

“…Previously, we analysed the dynamics of global industry (Rodionova 2009;Rodionova 2010, Rodionova, Kokuytseva 2010Rodionova 2012;Rodionova 2013). Statistical analysis has shown that the share of developing countries in global industrial production has increased significantly over the past decade, including growth in the manufacturing sector (more than 35% in 2010) (United Nations Industrial Development Organization 2011).…”

“…To characterize the impact of R&D and information technology development on global economic growth, the correlation coefficients have been calculated, as well as direct dependence between the numerical values of the indices of about 80 countries in the international rankings of innovative development and some selected indicators of economic development in 2012: 1) GDP per capita (the correlation value is in the range of 0.86-0.92); 2) data on the volume of high-tech production per capita (in the range of 0.52-0.70); 3) data on the volume of goods and services production in the ICT sector per capita (in the range of 0.79-0.88) and 4) data on R&D expenditure per capita (in the range of 0.81-0.91) (Rodionova 2013). The following conclusions were made: foremost, at present, countries with the highest level of socio-economic development are ready for a knowledgebased economy and widespread ICP usage.…”