The problems of inflation in current global economy

Аннотация

The article examines the theoretical aspects of the intellectual potential in the innovative development of the economy. A definite and clear connection between the development of the intellectual sphere and economic growth, the standard of living of the population is described. The role and place of intellectual potential in inno- vative systems and factors influencing it are analyzed. Keywords: intellectual potential, intellectual capital, innovative lag, innovative economy, science, scientific and technological development, intellectual product, innovative company. The effective functioning of the modern economy twining of such concepts as "intellectual capital", "hu- largely depends on the level of development and use of man capital", "innovative work", "innovative activity", the intellectual potential of society. The development etc. [4] of the intellectual sphere of a country or region is a de- The concept of "intellectual potential" is usually cisive factor in competitiveness, economic growth, and defined as "the ability of a system (state, region, enter- an increase in the standard of living of the population. prise, organization, etc.) to find unique solutions to If competitive advantages in the traditional economy achieve significant results in the field of science, tech- provided access to natural sources and raw materials, nology, technology, in the spiritual and moral sphere." then in the knowledge economy, innovation and entre- [4]. It is the intellectual potential that characterizes the preneurship, which are based on knowledge and infor- intellectual sphere of a country or region. mation with a developed infrastructure (Internet, data- Intellectual potential (of a region, country or soci- bases, telecommunications, mobile communications), ety) is a special set of resources of social production, became the basis for success. Intellectual potential is a which includes material, natural, labor, financial and source of new knowledge, ideas, information that can information resources [5]. Intellectual potential charac- improve the efficiency of the economy as a whole. That terizes the initial state of the object, on the basis of is why the study of this topic is especially important to- which it is possible to realistically determine the prom- day. ising goals. It is no coincidence that in the second half of the Intellectual potential is inextricably linked with 20th century the theories of human and intellectual cap- material production and is its organic component. The ital were born and developed. Under the influence of rapid development of the national intellectual potential new trends in the development of the world economy, and the sphere of production of intellectual products the views of leading theorists and practitioners have can be achieved only with appropriate support from the made significant changes in the understanding of the material component of production. This expresses the factors of economic progress and social develop- driving force of their development and growth. ment[1]. The post-industrial concept of development, The experience of developed countries shows: "... along with material and non-material components, in scientific, technical and technological progress leads to modern conditions also includes a human (intellectual) a reduction in the number of employed in agriculture resource as a national wealth. Such a transformation of and industry, a decrease in the cost of the corresponding the economy is possible because earlier labor was the products, while increasing the welfare of the people." main thing, and today the third component, intellectual This causes a huge demand for various kinds of ser- capital, has entered the arena. [2] Economists noted that vices, gives a powerful boost to creativity, retraining of in general, only 50% of GDP growth can be explained personnel taking into account new entrepreneurial in- by the growth of labor resources and physical capital, terests and stimulation of innovative solutions. There is while the other 50% is accounted for by intellectual a need for a new paradigm of social progress, commen- capital [3]. surate with the imperatives of creating a different Studies conducted in the EU showed that enter- model of life, a person who is worthy, well educated prises that partially use intellectual capital receive on and highly moral. To achieve this level of social pro- average 14% of profit, those that use it more actively - gress is the goal of every renewing society, including 39%, and those enterprises that consider intellectual ours. capital as the basis for strategic development - 61%. It Intellectual capital should be distinguished from should be noted that in the context of the development intellectual potential, which characterizes the possibili- of a knowledge-based economy, there is a close inter- ties for its growth. Intellectual capital is a real system of relations that has a certain value as a complex and 28 German In