Munich Personal RePEc Archive

The structuring of components of the net domestic product according to the innovation criterion

Kozmenko, Serhiy and Vasil’yeva, Tetyana and Leonov, Serhiy (2010): The structuring of components of the net domestic product according to the innovation criterion. Published in: Innovative Marketing , Vol. 6, No. 4 (27 December 2010): pp. 30-41.

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The article studies the additional multiplier effects, which the economic system can receive from the realization of a sound innovation policy, which should be considered during the assessment of microeconomic indicators of the economic growth. The methodology for the structuring of the NDP components by the criterion of innovation receives further development, which makes it possible to prove the importance of the innovative orientation in the components of consumer expenditures and availability of different tendencies in the consumption of traditional and innovative goods and services; to carry out the structuring of state expenditures by the criterion of innovation; to develop the mechanism of innovative orientation assessment of the net export; to research the factors of demand formation for innovatively and traditionally-oriented investments; to prove the existence of a cyclic feedback between the volume of every kind of investment and certain factors forming the demand; to define the conceptual areas of innovation components during the calculation of NDP.

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