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The Role of Rresearch and Development in Global Technological Competition

https://doi.org/10.26794/2220-6469-2024-18-4-91-100

Abstract

   Subject. Research and development in science and technology, as well as the development of the innovation sector, are top priorities for the country’s socio-economic well-being and security.

   Purpose. The competitive strategy is based on the analysis of the market for modern technologies and the identification of key areas for the development of competition. The goal is to ensure the country’s future economic competitiveness and the national security of Russia and other developed countries.

   Methodology. The study of priority scientific areas within the context of national scientific and technical policies in developed countries. It also explores the key characteristics of the information technology market and the unique features of its development and operation. Furthermore, the research
evaluates the financing of research and development activities. It analyzes the costs associated with these activities and their impact on economic growth.

   Results. The rationale for financing research and development in priority areas lies in the targeted strategic development of the economy. This development should be innovative, involving the creation of a high-tech complex and the effective use of the results of intellectual activity. The focus is on ensuring the security and competitiveness of the country in science, technology, and socio-economic well-being. The most important condition for the efficient use of public funds is the effective management of relevant programs and projects.

About the Authors

V. N. Kiselev
NP RAS
Russian Federation

Vladimir N. Kiselev, Cand. Sci. (Econ.), senior research fellow

Moscow



L. M. Kupriyanova
Financial University
Russian Federation

Lyudmila M. Kupriyanova, Cand. Sci. (Econ.), Associate professor, Deputy Head of the Department, Associate professor at the Department

Department of Economics of Intellectual Property; Department of Accounting, Analysis and Audit

Moscow



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For citations:


Kiselev V.N., Kupriyanova L.M. The Role of Rresearch and Development in Global Technological Competition. The world of new economy. 2024;18(4):91-100. https://doi.org/10.26794/2220-6469-2024-18-4-91-100

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ISSN 2220-6469 (Print)
ISSN 2220-7872 (Online)