RADICAL INNOVATION AND MODERN GERMAN INNOVATION POLICY: AN EXAMPLE OF THE COMPREHENSIVE EFFORTS TO INCREASE THE NATIONAL HIGH-TECH POTENTIAL-Reference-Cited by-同舟云学术

RADICAL INNOVATION AND MODERN GERMAN INNOVATION POLICY: AN EXAMPLE OF THE COMPREHENSIVE EFFORTS TO INCREASE THE NATIONAL HIGH-TECH POTENTIAL

Published:2023-06-11 Issue:2 Volume:9 Page:52-71
ISSN:2414-4649
Container-title:International Trade and Trade Policy
language:
Short-container-title:International Trade and Trade Policy

Author:

Bukshnaitis D. E.¹,Frolov A. V.²

Affiliation:

1. Lomonosov Moscow State University

2. Lomonosov Moscow State University; Plekhanov Russian University of Economics

Abstract

The acceleration of the pace of scientific and technological progress has intensified the competition between states and national economic agents in the field of technological development. To win this competition can states and companies that offer radical innovations and high-tech products. The article discusses theoretical approaches to understanding of the terms radical and transformative innovations. Particular attention is given to innovative German state policy aimed at stimulating radical technological innovations, strategic guidelines that determine this policy, and practical tools aimed at its implementation. Particular attention is paid to the governmental support measures in regard emergence and diffusion of transformative innovations designed to bring Germany and Europe on the track of sustainable development. The article gives examples of radical innovations created by German companies with active support from the Government.

Publisher

Plekhanov Russian University of Economics (PRUE)

Subject

General Earth and Planetary Sciences,General Environmental Science

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