The Economic and Legal Foundations of Managing Innovative Development in Modern Economic Systems

Aleksei V. Bogoviz

ISBN 10: 3110639750 / ISBN 13: 9783110639759

Published by De Gruyter, DE, 2020

About this Item

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.

Seller Inventory # LU-9783110639759

Bibliographic Details

• Title: The Economic and Legal Foundations of Managing Innovative Development in Modern Economic Systems
• Publisher: De Gruyter, DE
• Publication Date: 2020
• Language: English
• ISBN 10: 3110639750
• ISBN 13: 9783110639759
• Binding: Hardback
• Condition: New
• Weight: 515 grams

About this title

Synopsis

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.

About the Author

Elena Popkova, Moscow State Institute of International Relations (MGIMO), Moscow, Russia; Aleksei Bogoviz; Artem Krivtsov