THE ROLE OF THE EDUCATION SYSTEM IN THE FORMATION OF THE INNOVATION FIELD OF NATIONAL ECONOMY

  • S.R. Turkovsky Plekhanov Russian University of Economics, Moscow, Russia

Abstract

The article is devoted to clarifying the role and place of higher education in innovative systems in the context of the knowledge economy formation. The relationship between the categories “innovative economy", “information society” and “knowledge economy” is shown. The content of the “innovation system” category is dis-closed and its components are highlighted. The additional importance of innovation systems in the context of deglobalization and increased geo-economic turbulence is emphasized. The generalized structure of the innovation process is given and three enlarged components of the innovation system (science, education and business) are identified. The role of universities is stated as an integrating component of the innovation system, within which knowledge is generated, accumulated, used and disseminated, as well as obtaining a synergistic effect from the interaction of all subjects of innovation activity. The economic importance of the higher education system is emphasized, at the individual level expressed in the growth of household incomes due to the increase in the level of wages, and at the national level – in the increase in the rate of return on capital investments. Three key public functions of higher education have been identified – the increment in human capital, the increase in the adaptability of the economy to innovations and the activation of knowledge diffusion processes. The importance of human capital in the formation of the innovative society susceptibility is emphasized, as well as the need to match the structure and functions of modern universities to solving the problems of ensuring the processes of network knowledge production, the formation of sufficient quantitative and corresponding to the tasks of intensive economic development qualitative parameters of human capital at the national and regional levels and the formation of multilateral innovation networks. The necessity is substantiated and the tasks of changing the role and modernizing the function of the higher education system in connection with activating the processes of the society digital transformation in the conditions of the fourth industrial revolution are clarified.

Keywords: higher education, national innovation system, digital transformation, human capital, knowledge economy

References

  • Machlup F. The Production and Distribution of Knowledge in the United States. Princeton: Princeton University Press, 1962. 523 p.
  • Makarov V.L. The Knowledge Economy: Lessons for Russia. Report of Academician V.L. Makarov // Vestnik Rossijskoj Akademii Nauk [Bulletin of the Russian Academy of Sciences]. 2003. Vol. 73(5). Pp. 450-456. (In Russ.).
  • Ershov M.V. Russian economy in the face of new sanctions challenges // Voprosy Ekonomiki. 2022. Vol. 12. Pp. 5-23 (In Russ.). DOI: 10.32609/0042-8736-2022-12-5-23
  • Kolomytseva O., Pavlovska A. The role of universities in the national innovation system // Baltic Journal of Economic Studies. 2020. Vol. 6(1). Pp. 51- DOI: 10.30525/2256-0742/2020-6-1-51-58
  • Denison E. The Sources of Economic Growth in the United States and Alternative Before Us. New York: Committee for Economic Development, 1962. 297 p. DOI: 10.1017/S0022050700104206
  • Kuznets S. Economic Growth of Nations: Total Output and Production Structure. Cambridge: Harvard University Press, 1971. 363 p. DOI: 10.2307/2553328
  • Mankiw N.G., Romer D., Weil D. A Contribution to the Empirics оf Economic Growth // Quarterly Journal of Economics. 1992. Vol. 107(2). Р 407-437. DOI: 10.2307/2118477
  • Psacharopoulos G., Woodhall M. Education for development: an ananalysis of investment choices. New York: Oxford University Press for the World Bank, 1985. 337 p.
  • Leslie L., Brinkman P. The Еconomic Value of Higher Education. New York: ACE, Macmillan Publishing Company, 1988. 276 р. DOI: 10.1080/00221546.1989.11775071
  • Maddison A. Dynamic forces in capitalist development: A long-run comparative view. Oxford: Oxford univ. press, 1991. 333 p. DOI: 10.2307/2234406
  • Reichert S. The Role of Universities in Regional Innovation Ecosystems (2019). European Universities Association. URL: https://eua.eu/downloads/publications/eua%20innovation%20ecosystem%20report%202019-3-12.pdf (accessed on02.2023).
  • High-technology exports (current US$) (2019). The World Bank. URL: https://data.worldbank.org/indicator/TX.VAL.TECH.CD (accessed on 03.2023).
  • Bulina A.O., Mozgovaya K.A., Pakhnin M.A. Human capital in economic growth theory: classical models and new approaches // St Petersburg University Journal of Economic Studies. 2020. Vol. 36(2). Pp. 163-188. (In Russ.). DOI: 10.21638/spbu05.2020.201
  • Slavnetskova L.V. Role of universities in innovative economy // Actual Problems of Economics and Management. 2021. Vol. 4(32). Pp. 143-150 (In Russ.).
  • Idrisov G., Mau V., Bozhechkova A. Searching for a new growth model // Voprosy Ekonomiki. 2017. Vol. 12. Pp. 5-23. (In Russ.). DOI: 10.32609/0042-8736-2017-12-5-23
  • Szirmai A., Naude W. Alcorta L. Pathways to Industrialization in the Twenty-First Century: New Challenges and Emerging Paradigms. Oxford: Oxford University Press, 2013. 443 p. DOI: 10.1093/acprof:oso/9780199667857.001.0001
  • Vasin S., Gamidullaeva L., Finogeev A., Shkarupeta E., Palatkin I. Emerging Trends and Opportunities for Industry 4.0 Development in Russia // European Research Studies Journal. 2018. Vol. 21(3). Pp. 63-76. DOI: 10.35808/ersj/1044

About the Author

Stanislav R. Turkovsky – Assistant, Plekhanov Russian University of Economics, Moscow, Russia. E-mail: turkovskiist@gmail.com. SPIN РИНЦ 6702-6248. ORCID 0000-0003-2741-5751

For citation: Turkovsky S.R. The Role of the Education System in the Formation of the Innovation Field of National Economy // BENEFICIUM. 2023. Vol. 2(47). Pp. 28-33. (In Russ.). DOI: 10.34680/BENEFICIUM.2023.2(47).28-33

 

Published
2023-06-30
Section
INNOVATION MANAGEMENT