Sarvary, R.

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303  МОЛОДЕЖНАЯ СЕКЦИЯ  УДК 33.338.1 THE INCLUSIVENESS OF THE ECONOMIC SYSTEM AND ITS RELATION TO INNOVATION PROCESSES  Sarvary R. Dzh., master of Economics Department  Scientific Supervisor – Zenkova I. V., PhD in Economics,  Assistant professor, Manager of Economic Department  Polotsk State University Novopolotsk, The The Republic of Belarus  International economic integration has reached global proportions. The success of the national economies development in recent years directly depends on the participation of countries in these processes. In this regard, the globalization of the world economy and its impact on national eco-nomic systems are becoming part of macroeconomic analysis. This anal-ysis involves focusing on constant growth indicators, which can be con-sidered within the framework of the economic system inclusiveness. This system, according to the author, should be considered from the standpoint of compliance with the modern realities of innovation consistency and ac-tivity. Modern development is based on the process of interactive learning in the process of innovation, and the creation of local, regional and na-tional innovation systems is a central part of a viable development strategy for all regions [1,2,3]. This approach has two significant defining directions. Firstly, the source of learning and change are numerous innovations in various sectors of the economy, ranging from finance to education. Secondly, on the basis of practice, innovations are a sign of a developing state and lead to an increase in labor productivity in approximately the same ways as in devel-oped countries [4]. However, even despite a broad comprehensive ap-proach to determining the inclusiveness of the state economic system, there are certain flaws in the concept of inclusive growth in terms of growth based on the involvement in innovation of all population segments, all structural components of the national economy, regions and countries. 304  According to Varhust S. and Bogdan N. I., it is important to take into ac-count that growth is not identical to development, and development is not a definition of growth [5]. Due to the speed of penetration of innovations into the economic system, not all business entities can quickly take into account these changes and use them for the benefit. All this increases the problems of social exclusion in the process of development. In this regard, the economic literature examines the concept of a broad definition of in-clusiveness, namely: inclusive growth, inclusive innovation and inclusive development [6].  The growing process of introducing innovations into the economy of not only economically developed countries, but also of developing coun-tries opens up potential opportunities for the development of both global and national and regional economies.  References 1. IDRC – International Development Research Centre (2011), Inno-vating for development, IDRC – International Development Research Centre [Electronic resource]. – Available on: http://www.idrc.ca/EN/ AboutUs/Accountability/AnnualReports/Annual%20Report%20-2010-2011.pdf. 2. De Mello, L. and Dutz, M. A. ( Eds.) (2012), Promoting inclusive growth: challenges and policies. OECD Publishing [Electronic resource]. – Available on: http://dx.doi.org/10.1787/9789264168305-en. 3. Sachs, I. (2004), ‘Inclusive development strategy in an era of glob-alization’, Working paper N°. 35. Policy Integration Department World Commission on the Social Dimension of Globalization. International La-bour Office [Electronic resource]. – Available on: http://www.ilo.org/ wcmsp5/groups/public/---dgreports/---integration/documents/publica-tion/wcms_079129.pdf. 4. Fagerberg, J., Schrolec, M. and Verspagen, B. (2010), ‘Innovation and Economic Development’, in Hall, B. H. Rosenberg, N. (Eds.) Hand-book of the Economics of Innovation, Volume 2, North Holland. 5. Инновации для инклюзивного развития регионов Беларуси [Электронный ресурс] // Научная электронная библиотека «Киберле-нинка». – Режим доступа: https://cyberleninka.ru/article/v/innovatsii-dl ya-inklyuzivnogo-razvitiya-regionov-belarusi. – Дата доступа: 19.01.19. 

The inclusiveness of the economic system and its relation to innovation processes

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The inclusiveness of the economic system and its relation to innovation processes

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