Comparative analysis of national innovation systems through an indicator of R & D expenditures

Abstract

© 2019, Research Trend. All rights reserved. Moving in the direction of achievement of sustained economic growth the majority of countries is following a way of innovative development. Innovations are the driving force of competitiveness development. Increase in national welfare positively affects on all spheres of human activity and allows to achieve the social, economic and political objectives. Any development assumes not only actions in the direction of the purpose, but also the constant analysis and control of the received results to correct the plan and to minimize new risks in time. Scientists and economists of the international organizations accumulated considerable experience in drawing up statistics for assessment of results of the activity directed to improvement of the innovative environment for the purpose of improving competitiveness of regions. There is no uniform standard of carrying out the analysis and granting objective and indisputable assessment of efficiency of the innovative policy pursued by the state nowadays. The article describes the approaches to assessment of innovative development and competitiveness used by the international organizations. The countries chosen for the analysis are distributed on the key indicators reflecting the level of development of national innovation system. Level of efficiency of expenses on research and development is determined by the technique offered by the authors, conclusions are drawn on the applied nature of this analysis.