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December 2017 (published: 20.12.2017)
Number 4(31)
Home > Issue > Expanded accumulation and reproduction of capital on the basis of innovation:
an economic approach
Ermoshina T.V.
In conditions of limited resources, political and economic risks, the actual problem is the implementation of the economic model, which can be investment and innovation, the processes of modernization and structural adjustment of the economy. This model includes a combination of public and private property, the combination of market mechanism and state regulation, the combination of competition and monopoly in different combinations affects, on the one hand the formation of money capital, productive and innovative capital. One of the factors of development are knowledge, which are universal in nature and applicable to the formation of public policy to the solution of problems of specific territories, to solve production problems, to the solution of any tasks related to welfare and development. Currently, the reproductive process is, first and foremost, the innovative movement of capital, for change of outdated technologies, obsolete equipment, etc. the Subject of this research are the features of expanded accumulation and reproduction of capital based on innovation. Objective: to develop recommendations for innovative reproduction of capital, based on the evolution of economic views. Research methods: the study was conducted on the basis of the comparison of the economic Outlook on the reproduction and accumulation of capital. Used scientific methods of research. In this regard, the article considers the evolution of economic views on the reproduction of capital, which proves the need to consider the capital as a knowledge-intensive process, as the potential for economic growth as a generating factor in the transformation of the economy. The author provides a lot of economic approaches to the question of accumulation and reproduction of capital, determined the theoretical basis of modern economic development.
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Keywords: enhanced accumulation and investment, reproduction, capital, knowledge.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 330.14
Expanded accumulation and reproduction of capital on the basis of innovation:
an economic approach
In conditions of limited resources, political and economic risks, the actual problem is the implementation of the economic model, which can be investment and innovation, the processes of modernization and structural adjustment of the economy. This model includes a combination of public and private property, the combination of market mechanism and state regulation, the combination of competition and monopoly in different combinations affects, on the one hand the formation of money capital, productive and innovative capital. One of the factors of development are knowledge, which are universal in nature and applicable to the formation of public policy to the solution of problems of specific territories, to solve production problems, to the solution of any tasks related to welfare and development. Currently, the reproductive process is, first and foremost, the innovative movement of capital, for change of outdated technologies, obsolete equipment, etc. the Subject of this research are the features of expanded accumulation and reproduction of capital based on innovation. Objective: to develop recommendations for innovative reproduction of capital, based on the evolution of economic views. Research methods: the study was conducted on the basis of the comparison of the economic Outlook on the reproduction and accumulation of capital. Used scientific methods of research. In this regard, the article considers the evolution of economic views on the reproduction of capital, which proves the need to consider the capital as a knowledge-intensive process, as the potential for economic growth as a generating factor in the transformation of the economy. The author provides a lot of economic approaches to the question of accumulation and reproduction of capital, determined the theoretical basis of modern economic development.
Read the full article
Keywords: enhanced accumulation and investment, reproduction, capital, knowledge.
DOI 10.17586/2310-1172-2017-10-4-33-38