Abstract:
Innovation is an implemented novelty that ensures a qualitative increase of processes efficiency or market-driven products. Innovation is the result of human intellectual activity, imagination, creative process, discoveries, inventions and rationalization. An example of innovation is the product place- ment (goods and services) with new consumer properties or a qualitative increase in the efficiency of production systems. The innovation process covers more than one participant and has its own infra- structure, at the state and interstate level, in regional spheres and areas, in local (municipal) structures. All participants have their own goals and form the organizational structures for their realization. Inno- vation, being a powerful engine of social progress, has many positive effects, but they are, however, not lacking in environmental and social aspects. Innovation forces the society to change its way of life; and as much as their specific gravity increase - the stronger and more visible are the changes caused by them. The role of innovation must therefore be taken into account in all its diversity. The aim of the research is to investigate the current post-crisis state of the world economy in order to find obstacles and opportunities in developing the world economy at a faster pace.
Keywords: inventions, discoveries, innovations, motivational factors, economic growth, economic opportunities, social advantages, investments.
Description:
Publicat în: Revista „Administrarea Publică”. Chișinău. 2017, nr. 4, p. 135-143. ISSN 1813-8489. CZU 339.9:001.895