Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)

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Multiplicative Dynamic Model of Technological Progress Factor Impact on Economy Sectors Innovation Development

Authors
Olha Prokopenko, Nataliia Biloshkurska, Mykola Biloshkurskyi, Vitaliy Omelyanenko, Olena Garmatiuk
Corresponding Author
Vitaliy Omelyanenko
Available Online October 2019.
DOI
10.2991/mdsmes-19.2019.14How to use a DOI?
Keywords
Innovation, dynamic model, priority sector, technological progress, production function
Abstract

The research addresses the issues of development the active mechanisms to manage the national economy sectors innovation development taking into account their pace of technological progress and resource potential proportionality. The study is based on the idea about relative importance of different sectors of the economy in innovation terms in the process of overall economic development. The main issues and cases of different economic models of emergence and diffusion of innovations and analytical support of innovation and technological changes management through the development of integrated development strategies were considered. As key component of improved multiplicative dynamic model of J. Tinbergen production function the parameter of technological progress, which reflects the level of innovation development of the national economy, was considered. Based on research results Tinbergen's production function equation for the Ukrainian industry was obtained. The equation obtained is reliable and statistically significant, as it is described by high statistical estimates.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
October 2019
ISBN
10.2991/mdsmes-19.2019.14
ISSN
2352-5428
DOI
10.2991/mdsmes-19.2019.14How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Olha Prokopenko
AU  - Nataliia Biloshkurska
AU  - Mykola Biloshkurskyi
AU  - Vitaliy Omelyanenko
AU  - Olena Garmatiuk
PY  - 2019/10
DA  - 2019/10
TI  - Multiplicative Dynamic Model of Technological Progress Factor Impact on Economy Sectors Innovation Development
BT  - Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
PB  - Atlantis Press
SP  - 68
EP  - 72
SN  - 2352-5428
UR  - https://doi.org/10.2991/mdsmes-19.2019.14
DO  - 10.2991/mdsmes-19.2019.14
ID  - Prokopenko2019/10
ER  -