Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-09-89-51
DOI: https://dx.doi.org/10.15863/TAS.2020.09.89.51
Language: English
Citation: Aliyarov, O. A. (2020). Innovations and investments: the essence, interaction and role in the reproduction process. ISJ Theoretical & Applied Science, 09 (89), 407-410. Soi: http://s-o-i.org/1.1/TAS-09-89-51 Doi: https://dx.doi.org/10.15863/TAS.2020.09.89.51 |
Pages: 407-410
Published: 30.09.2020
Abstract: From the middle of the 20th century the developed industrial nations’ economy was realising the transfer to the intensive type of expanded production, which is based on the technologic progress and innovative activity. This provided obvious advantages of development of social and economic systems in these countries. Both in the Western and domestic literature it is connected with the notion of an innovative process and with the active investment process. Any model of management in a state should correspond to a number of major tasks: stimulation of innovative activity, development of the technologic progress, state economic security and, the most important, creation of economic and social conditions for citizens’ welfare gain. Realisation of innovative investment activity is one of the factors promoting realisation of these tasks both on macro- and microlevels.
Key words: investment activity, complex investment mechanism, functions of investments, innovative investment, investments innovations.
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