MODELING THE INFLUENCE OF INTELLECTUAL AND INNOVATIVE DETERMINANTS ON THE ECONOMIC SYSTEMS' DEVELOPMENT IN THE CONDITIONS OF THE CREATIVE ECONOMY FORMATION

Authors

  • Semen Khanin Academician Yuriy Bugay International Scientific and Technical University
  • Svitlana Kovalchuk Khmelnytskyi Cooperative Trade and Economic Institute
  • Nataliia Yakymova Vasyl Stus Donetsk National University
  • Olha Harvat Khmelnytskyi National University, Khmelnytskyi
  • Andrii Taranych Vasyl Stus Donetsk National University

DOI:

https://doi.org/10.15544/mts.2023.14

Keywords:

intellectual and innovative determinants, development, economic system, creative economy, simulation modeling

Abstract

The purpose of the article is to substantiate the theoretical and conceptual foundations of modeling the influence of intellectual and innovative determinants on the economic systems’ development in the conditions of the creative economy formation. It is proposed to use the approach of economic-mathematical modeling in the form of simulation modeling of the intellectual-innovative development of economic systems in the conditions of the creative economy formation. Simulation modeling involves modeling the effects of three constituent blocks: “economic system”, “innovative processes”, “creative potential”. The calculation of the integral indicator of the development of intellectual and innovative determinants of economic systems in the conditions of the creative economy formation makes it possible to forecast indicators of the economic system’ development. The proposed approach was tested in relation to the economic system of Ukraine.

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Published

2023-06-30

How to Cite

Khanin, S., Kovalchuk, S., Yakymova, N., Harvat, O., & Taranych, A. (2023). MODELING THE INFLUENCE OF INTELLECTUAL AND INNOVATIVE DETERMINANTS ON THE ECONOMIC SYSTEMS’ DEVELOPMENT IN THE CONDITIONS OF THE CREATIVE ECONOMY FORMATION. Management Theory and Studies for Rural Business and Infrastructure Development, 45(2), 133–141. https://doi.org/10.15544/mts.2023.14

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Articles