The high-tech sector of the world economy in global competition

Zhdanova Lyudmila
DrSc (Economics), Professor of the Department of General Economic Theory and Economic Policy National Economic University, Odessa, E-mail:l_zhdanova@ukr.net, ORCID ID: https://orcid.org/0000-0003-0007-7529

Cite this article:

Zhdanova L. (2022) The high-tech sector of the world economy in global competition. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Vysokotekhnolohichnyi sektor svitovoi ekonomiky u hlobalnii konkurentsii; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 11-12 (300-301), pp. 7-13.

Abstract

Aim. The study determines the essence of the high-tech sector, interconnection of its constituent parts in the global economy as a prerequisite for the development of the state's competitive policy. Methods. World-system methodology in its application to the high-tech sector of the economy. Results and discussion. The necessity of dividing the products of the high-tech sector according to the criterion of the object of sale is proposed. These objects are: materialized into innovative developments, which are products of intellectual (innovative, informational) production of the R&D sector, i.e. represent intellectual property; and materialized into goods as products of industrial production of industries specified by the World Bank. Such a division allows to clarify the essence and structure of the high-tech sector of the world, to reveal the dynamics of its component parts, to understand the trends in the development of both the high-tech sector of the world itself and its immanent structural parts. The study shows different strategies for the development of various parts of the high-tech sector, which are used by countries of different levels of development. Further searches in this direction can enrich the research of the high-tech sector both on the basis of the sectoral approach and on the basis of country studies or structural and institutional. Recommendations have been developed to determine the development trends of parts of the high-tech sector and to substantiate the competitive strategies of firms and the competitive policy of the state.

Keywords

high-tech sector, subdivisions of the high-tech sector, high-tech export, intellectual property, competition.

JEL classification: E230, O330, O340; DOI: 10.32680/2409-9260-2022-11-12-300-301-7-13

UD classification: 339.137.2

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