BUSINESS INFORM №7-2014

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Section: Economic Theory
UDC 338.242.2
Syniuchenko M. I.
Competitiveness of the National Economy: a Study of the Effectiveness of Growth Factors (p. 14 - 17)
The essence of the category of "competitiveness of the national economy" and the main factors of innovative competitive advantage were identified and analyzed. The author of the article regards competitiveness of the national economy as the ability of the economy to ensure high rates of economic growth and that is largely thanks to the use of innovative technologies and creative organization of management at all levels of the economy and on this foundation to create the conditions to increase the welfare of the citizens of the country and improve the socio-economic impact that is realized in the high social effect. Competitiveness of the national economy – it's the competitiveness of the economic system as a whole, rather than individual companies or industries. It also discusses the institutional components that form the innovative nature of the competitiveness of the national economy.
Keywords: competitiveness of the national economy, the factors of innovative competitive advantages
Bibl.: 10.

Syniuchenko Maiia I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Theoretical and Applied Economics, Ukrainian Academy of Banking (57 Petropavlіvska Str., Sumy, 40030, Ukraine)
Email: lenchik_osa@mail.ru

Article is written in Ukrainan
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Reference to this article:
Syniuchenko, Maiia I. (2014) “Competitiveness of the National Economy: a Study of the Effectiveness of Growth Factors.” Business Inform 7:14–17.

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