The new vectors of technoglobalizm
Economic Annals-XXI: Volume 133, Issue 9-10(1), Pages: 7-10
Citation information:
Chychkalo-Kondratska, I., & Bezrukova, N. (2013). The new vectors of technoglobalizm. Economic Annals-XXI, 9-10(1), 7-10. https://ea21journal.world/index.php/ea-v133-02/
Iryna Chychkalo-Kondratska
D.Sc. (Economics),
Associate Professor,
Head of International Economics and Marketing Department,
Yuri Kondratyuk National Technical University
24 Pershotravneviy Ave, Poltava, 36601, Ukraine
chichkalo.irina@gmail.com
Nataliya Bezrukova
PhD (Economics),
Associate Professor,
Yuri Kondratyuk National Technical University
24 Pershotravneviy Ave, Poltava, 36601, Ukraine
n_bezrukova@mail.ru
The new vectors of technoglobalizm
Abstract. Introduction. Globalization as an objective process touches all spheres of life of the world community. One of its manifestations is technological globalization (technoglobalizm), which finds its expression in the growing internationalization of technology transfer, international technological cooperation, and global exploitation of technology.
The aim of the research is an analysis of the newest trends in the world technological and innovative evolution and, on this basis, determination of new vectors of technoglobalizm, selection of major regions of the R&D concentration in the global economy and revealing their characteristics.
Results. In the world market of innovations there have occurred some changes that consist, first of all, in the reduction of the role of the USA and other G-7 countries as major leaders in R&D spending and an increase of the role of BRICK countries (Brazil, Russia, India, China and South Korea – according to the latest research of Intellectual Property & Science Department of Thomson Reuters Corporation) in financing scientific and technical developments, as well as some other developing countries. Five major centres of R&D concentration and development, namely the USA, the European Union member states, Japan, and a group of developing countries China, India, South Korea (in Asia-Pacific region) and Brazil and Mexico (on the American continent) are being formed. It is possible to predict that in the near future they can come out on top by the volume of R&D investment.
In conclusion, technological globalization has led the to the formation of major centres of R&D concentration – namely the United States, the European Union, Japan, and a group of developing countries, BRICK countries in particular. Leader countries are gradually losing their positions, and against this background one can observe the growth of highly competitive economies in the newly industrialized countries.
Keywords: Innovation; Technological Globalization; Vectors of Technoglobalizm; Innovative and Technological Development; Research & Development; R&D
JEL Classification: F01; F29; O33; O57
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Received 01.09.2013