The Economic and Legal Foundations of Managing Innovational Development in Modern Economic Systems by Elena G Popkova - PDF and EPUB eBook

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Innovation is of critical value in the modern global economy, as it performs several important economic functions. The first is...

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Details of The Economic and Legal Foundations of Managing Innovational Development in Modern Economic Systems

Exact title of the book
The Economic and Legal Foundations of Managing Innovational Development in Modern Economic Systems
Book author
Elena G Popkova
Book edition
ebook
Number of pages
180 pages
File size (in PDF)
720 kB
The Economic and Legal Foundations of Managing Innovational Development in Modern Economic Systems

Some brief overview of book

Innovation is of critical value in the modern global economy, as it performs several important economic functions. The first is related to supporting the sustainability of socio-economic systems, preventing the emergence of crises and, if they do occur, providing solutions to overcome their consequences. Secondly, innovation allows for the activation of economic growth and social progress through the rationalization of economic activities.

Thirdly, innovation supports the global competitiveness of economic systems, allowing for the specialization of production and sales of unique goods that are in high demand in both domestic and global markets. At the same time, innovational development in economic systems is required to mitigate the high levels of risk and requires both effective management and a reliable normative and legal foundation. This book studies the economic and legal foundations of managing the innovational development of economic systems from an interdisciplinary perspective, bringing together the thoughts of international scholars in management, economics and law.