Current problems of Europe

Innovations and modernization of economies of European countries and Russia: moving forces and driving belts of competition

Субботин А.К.

Soubbotin A.K. – doctor of sciemces (Sc. D) in Economics, professor, leading research fellow, Institute of Scientific Information for Social Sciences, RAS

Abstract

Problems of modernization and innovations in the economies of Europe and Russia are considered against background of these processes in American, Japanese and Chinese economies. The analysis revealed prevailing modernization process in France and Italy while the accent on innovations is made in the United Kingdom and Germany. In Russia high level of activities in this field unveil an imitation оf processes more than real shifts in solving the problems of economy modernization.

Keywords

Modernization, innovations, imitation, hypercompetition, technology and social development

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