World innovative policy and Georgia

Murman Kvaratskhelia

Journal number 4 ∘ Murman Kvaratskhelia ∘
World innovative policy and Georgia

Resume

The global transformation in the world depends on the rapid development of innovative processes. The innovative policies in Georgia are directly related to international tendencies. Innovation is directly related to such important topics as: Create a new or improved product, its marketing provision, to attract investments, create valuable intellectual property and act.

In modern conditions, Japan is one of the prominent countries in terms of innovation. There was a new approach to Japanese management theories, which are based on the continuous updating of new technologies. Japan's experience can be a general orientation for developing countries, which should be taken into consideration.

The level of innovation is a very important indicator. Its level of measurement is made by innovation index, which has many components. In this respect, the first five in the world looks like this: Switzerland, Sweden, United Arab Emirates, United States and Finland. Georgia as a developing country, it is ranked 64th among 128 countries, which should be considered a positive moment, it should be noted that Georgia faces many challenges in this regard. This, first of all, is evident in innovative development in the long term, human capital, research, knowledge and technology. Georgia as part of the world economy creates new strategies, which are based on a new innovative system. This is precisely what the structural changes in the globalization process are for developing the innovative economy. Existing contours in the country are seen in future innovations, which will have the greatest influence on the quality of intellectual capital. At the fast pace is developing biotechnological fields, auto model, simple models of communications, alternative sources of energy, modern medicine of medicine, nanotechnologies, etc. Such a revolutionary leap of innovations is dictated by the progress of the competitive advantage theory. This is due to the innovation of the world market. Georgia's prospects of obtaining high competitiveness on the world market are possible to develop intellectual capital, which is one of the driving forces in the country's progress in the near future.

Keywords: new technologies: Innovation, Innovative management, Innovation Index, business environment, Innovations of the future, Nanotechnologies.

Introduction

Georgia as a developing country needs an accelerated growth rate of economy. This cannot be done in a small resource. A lot of economic reforms have led to a lot of problems. Global historical experience of market economy and institutional reforms are a prerequisite for the advancement and progress of the economy, but it is necessary to strengthen the innovative processes. This requires the creation of scientifically grounded programs of the strategic development of the country and the elaborate strategy to implement innovative achievements. All this will be a contributing factor for successful economic reforms, which requires a new approach to the economic policy of the country in terms of successful socio-economic development.

Innovation is, in general, a wide and versatile category, which is related to solving such important issues as: Creating a new or improved product, providing its perfect marketing, attracting investments, creating valuable intellectual property, buying latest technologies and more.

Moreover, the creation of innovative product is always preceded by the creation of new ideas that can stimulate public progress. In addition, innovation in its chapter implies new opportunities to get some benefit from new markets, this is a process that transforms new ideas into new business models and, eventually, new products and brands.

You cannot even notice the general characteristics of innovation. One interesting point here is that the innovation is not only connected with technologies. It is a form of thinking that can be used at any stage of business for transformation of existing tendencies. Technology is itself an innovation target, and so for high-tech companies, the main goal is to maximize innovation at a certain stage of development. But the stimulating role of innovations is important, "If you do not grow up, do not do something different or better, then the competition will get rid of you" From this, it is obvious that innovation means continuous improvement, but "doing something different from competitors" Technological breakthrough, a different view of the problems. In this process, it is also important to quickly and easily meet new requirements. However, the speed should be introduced to the user so that it can be consumed by users.

Any innovation should have a technological innovation that will increase the possibility of revenue. Scale - can have both global and local value for a particular country.

As long as we have to interact with Georgia's innovative policies and challenges, I think we will not focus on the innovative political system of Japan, one of the prominent countries in the world.

Japan is one of the developed countries. GDP per capita is one of the highest in the world with 48 thousand US dollars (Georgia's index is more than 12 times!)

It is noteworthy that Japan is not the size of the territory (378 thousand sq.mm) and the number of population (126 mln) is not distinguished from other countries. The main reason for success is the country's progressive innovative policy. Many advanced countries in the world introduce Japanese innovative management and its import is considered one of the priorities of economic policy by local governments, which can be considered a positive trend. As a result, these countries become more competitive in their own production, as well as their economic strength. It should be noted that Japan, as one of the largest national economies, is the fourth in the world as an exporter and simultaneously importing country. There are great achievements in the field of high technology. The new system of supercomputers has been created, which gives the opportunity to predict various natural processes or events. Such success is based on Japanese management theories.

This kind of Japanese experience is unique in the world. They have their own principles, the essence of which is to use foreign technologies not only to use but also to improve continuously. By doing this you are learning technological initiative and offer your own innovation to the world.

In addition, the tax advantages imposed by the state stimulate corporations and firms to develop innovative, export-oriented advanced technologies and products which are a guarantee of state welfare.

The experience of the developed countries in the field of innovation, and especially the Japanese, in our opinion, can be a general focus for developing countries. In this regard, it is interesting to know about the global innovation index in Georgia and in different countries.

It is known that the level of innovations in individual countries in recent years has been measured by the global innovation index GII. It consists of seven components. These are: Relevant institutes in the country, namely, political environment, regulatory environment, business environment; Human capital and scientific research;

The existence of infrastructure, which includes modern technologies and ecological sustainability, market development level, including access to credits, investing, trading, competition, and market scales; Business development level measured by the knowledge of the employee, the ability to get the information and knowledge necessary for information; Knowledge and Technologies, which play a major role in creating innovations;

Creativity, where important is the existence of intangible assets, new products and services. According to the Global Innovation Index, countries around the world are characterized by different rates. Switzerland is leading the index list. Then comes Sweden, United Arab Emirates, United States, Finland, etc. According to the data of 2016, Georgia ranked 64th in the Global Innovation Index ranking among 128 countries.

There are also strong sides from the listed components of Georgia. These are: business environment (ranked sixth) and market development level (seventh place). From the weaknesses, the level of education that is one of the serious challenges for the country, despite the abundance of educational institutions, its qualitative indicators are critically low.

Development of scientific research is one of the serious challenges for the country and the level of knowledge of the employee is critical.

From the above, it is clear that the world innovative policy is progressively changing. Its main driving force is the achievement of scientific research in developed countries. Developing countries can also share this experience and adjust the practiced models in their national economies. In this regard, in our opinion, the experience of Japanese experience. This is one of the most painful challenges for Georgia - education system. Our country must, with its own intellectual capital, should develop the national economy and engage in global integration processes.

Conclusion

Innovation in the process of globalization is characterized by an increasing tendency. Its significant advantage is to increase the competitiveness of the country and maintain the leading position on the world market. To this end, Georgia, as a small resource, needs to develop an innovative economy. For this, the search for their own ways is to stimulate and promote national intellectual capital. The introduction and innovation of innovative achievements creates the prerequisites for enhancing the competitiveness of their traditional sectors, which is a stimulus for attracting investment capital. To attract Introduction of high technologies will become a contributing factor for future innovations.

All this should be reflected in the target programs of the state that will support Georgia's rapid growth of economy and a decent place in the civilized world.

Used literature

Abesadze R., Burduli V. "Structural and Innovative Problems of Economic Development". Tbilisi, 2014. (in Russian).
Chitanava N. "Challenges and Strategy of the Economy of Georgia". Tbilisi, 2018.
Chikava L. "Knowledge as a specific commodity and its decisive role in the innovative economy." In the collection: Georgian Academy of Economic Sciences. Works 4. Tbilisi, 2004.Gv.5-25.
WWW.Geostati.ge.
http://forbes.ge/blog/221/globaluri-inovaciis-indeqsi-da-saqarTvelo
http://b2p.ge/10-inovazia-romlebic-samyaros-amoatrialeben-2020-wlistvis/

7. https://businesshub.ge/ge/innovation/increase-rd/types-of-innovation

8. https://www.trendbook.ge/en/component/content/article/49-extra/12978-inovaciagvesmisthuaramisimnishvneloba

9. http://ite-r.blogspot.com/2014/01/blog-post.html

10. http://forbes.ge/blog/221/globaluri-inovaciis-indeqsi-da-saqarTvelo

11. https://www.businessaward.ge/ka/nomination/wlis-inovaciuri-biznesi

12. forbes.ge/news/

13. www.nplg.gov.ge/gwdict/index.php?a=term&d=5&t.

14. forbes.ge/blog/221/globaluri-inovaciis-indeqsi-da-saqarTvelo.

15. https://www.overclockers.ge/index.php?/

16. https://www.youtube.com/watch?v=GqeJrJ0Kv4k.

17. cheminanospace.blogspot.com/2017/10/blog-post_23.htm.

EKONOMISTI The international scientific and analytical, reviewed, printing and electronic journal of Paata Gugushvili Institute of Economics of Ivane Javakhishvili Tbilisi State University

DOI: 10.36172/EKONOMISTI E ISSN 2346-8432 Print ISSN 1987-6890	Journal number 4 ∘ Murman Kvaratskhelia ∘ World innovative policy and Georgia Resume The global transformation in the world depends on the rapid development of innovative processes. The innovative policies in Georgia are directly related to international tendencies. Innovation is directly related to such important topics as: Create a new or improved product, its marketing provision, to attract investments, create valuable intellectual property and act. In modern conditions, Japan is one of the prominent countries in terms of innovation. There was a new approach to Japanese management theories, which are based on the continuous updating of new technologies. Japan's experience can be a general orientation for developing countries, which should be taken into consideration. The level of innovation is a very important indicator. Its level of measurement is made by innovation index, which has many components. In this respect, the first five in the world looks like this: Switzerland, Sweden, United Arab Emirates, United States and Finland. Georgia as a developing country, it is ranked 64th among 128 countries, which should be considered a positive moment, it should be noted that Georgia faces many challenges in this regard. This, first of all, is evident in innovative development in the long term, human capital, research, knowledge and technology. Georgia as part of the world economy creates new strategies, which are based on a new innovative system. This is precisely what the structural changes in the globalization process are for developing the innovative economy. Existing contours in the country are seen in future innovations, which will have the greatest influence on the quality of intellectual capital. At the fast pace is developing biotechnological fields, auto model, simple models of communications, alternative sources of energy, modern medicine of medicine, nanotechnologies, etc. Such a revolutionary leap of innovations is dictated by the progress of the competitive advantage theory. This is due to the innovation of the world market. Georgia's prospects of obtaining high competitiveness on the world market are possible to develop intellectual capital, which is one of the driving forces in the country's progress in the near future. Keywords: new technologies: Innovation, Innovative management, Innovation Index, business environment, Innovations of the future, Nanotechnologies. Introduction Georgia as a developing country needs an accelerated growth rate of economy. This cannot be done in a small resource. A lot of economic reforms have led to a lot of problems. Global historical experience of market economy and institutional reforms are a prerequisite for the advancement and progress of the economy, but it is necessary to strengthen the innovative processes. This requires the creation of scientifically grounded programs of the strategic development of the country and the elaborate strategy to implement innovative achievements. All this will be a contributing factor for successful economic reforms, which requires a new approach to the economic policy of the country in terms of successful socio-economic development. Innovation is, in general, a wide and versatile category, which is related to solving such important issues as: Creating a new or improved product, providing its perfect marketing, attracting investments, creating valuable intellectual property, buying latest technologies and more. Moreover, the creation of innovative product is always preceded by the creation of new ideas that can stimulate public progress. In addition, innovation in its chapter implies new opportunities to get some benefit from new markets, this is a process that transforms new ideas into new business models and, eventually, new products and brands. You cannot even notice the general characteristics of innovation. One interesting point here is that the innovation is not only connected with technologies. It is a form of thinking that can be used at any stage of business for transformation of existing tendencies. Technology is itself an innovation target, and so for high-tech companies, the main goal is to maximize innovation at a certain stage of development. But the stimulating role of innovations is important, "If you do not grow up, do not do something different or better, then the competition will get rid of you" From this, it is obvious that innovation means continuous improvement, but "doing something different from competitors" Technological breakthrough, a different view of the problems. In this process, it is also important to quickly and easily meet new requirements. However, the speed should be introduced to the user so that it can be consumed by users. Any innovation should have a technological innovation that will increase the possibility of revenue. Scale - can have both global and local value for a particular country. As long as we have to interact with Georgia's innovative policies and challenges, I think we will not focus on the innovative political system of Japan, one of the prominent countries in the world. Japan is one of the developed countries. GDP per capita is one of the highest in the world with 48 thousand US dollars (Georgia's index is more than 12 times!) It is noteworthy that Japan is not the size of the territory (378 thousand sq.mm) and the number of population (126 mln) is not distinguished from other countries. The main reason for success is the country's progressive innovative policy. Many advanced countries in the world introduce Japanese innovative management and its import is considered one of the priorities of economic policy by local governments, which can be considered a positive trend. As a result, these countries become more competitive in their own production, as well as their economic strength. It should be noted that Japan, as one of the largest national economies, is the fourth in the world as an exporter and simultaneously importing country. There are great achievements in the field of high technology. The new system of supercomputers has been created, which gives the opportunity to predict various natural processes or events. Such success is based on Japanese management theories. This kind of Japanese experience is unique in the world. They have their own principles, the essence of which is to use foreign technologies not only to use but also to improve continuously. By doing this you are learning technological initiative and offer your own innovation to the world. In addition, the tax advantages imposed by the state stimulate corporations and firms to develop innovative, export-oriented advanced technologies and products which are a guarantee of state welfare. The experience of the developed countries in the field of innovation, and especially the Japanese, in our opinion, can be a general focus for developing countries. In this regard, it is interesting to know about the global innovation index in Georgia and in different countries. It is known that the level of innovations in individual countries in recent years has been measured by the global innovation index GII. It consists of seven components. These are: Relevant institutes in the country, namely, political environment, regulatory environment, business environment; Human capital and scientific research; The existence of infrastructure, which includes modern technologies and ecological sustainability, market development level, including access to credits, investing, trading, competition, and market scales; Business development level measured by the knowledge of the employee, the ability to get the information and knowledge necessary for information; Knowledge and Technologies, which play a major role in creating innovations; Creativity, where important is the existence of intangible assets, new products and services. According to the Global Innovation Index, countries around the world are characterized by different rates. Switzerland is leading the index list. Then comes Sweden, United Arab Emirates, United States, Finland, etc. According to the data of 2016, Georgia ranked 64th in the Global Innovation Index ranking among 128 countries. There are also strong sides from the listed components of Georgia. These are: business environment (ranked sixth) and market development level (seventh place). From the weaknesses, the level of education that is one of the serious challenges for the country, despite the abundance of educational institutions, its qualitative indicators are critically low. Development of scientific research is one of the serious challenges for the country and the level of knowledge of the employee is critical. From the above, it is clear that the world innovative policy is progressively changing. Its main driving force is the achievement of scientific research in developed countries. Developing countries can also share this experience and adjust the practiced models in their national economies. In this regard, in our opinion, the experience of Japanese experience. This is one of the most painful challenges for Georgia - education system. Our country must, with its own intellectual capital, should develop the national economy and engage in global integration processes. Conclusion Innovation in the process of globalization is characterized by an increasing tendency. Its significant advantage is to increase the competitiveness of the country and maintain the leading position on the world market. To this end, Georgia, as a small resource, needs to develop an innovative economy. For this, the search for their own ways is to stimulate and promote national intellectual capital. The introduction and innovation of innovative achievements creates the prerequisites for enhancing the competitiveness of their traditional sectors, which is a stimulus for attracting investment capital. To attract Introduction of high technologies will become a contributing factor for future innovations. All this should be reflected in the target programs of the state that will support Georgia's rapid growth of economy and a decent place in the civilized world. Used literature Abesadze R., Burduli V. "Structural and Innovative Problems of Economic Development". Tbilisi, 2014. (in Russian). Chitanava N. "Challenges and Strategy of the Economy of Georgia". Tbilisi, 2018. Chikava L. "Knowledge as a specific commodity and its decisive role in the innovative economy." In the collection: Georgian Academy of Economic Sciences. Works 4. Tbilisi, 2004.Gv.5-25. WWW.Geostati.ge. http://forbes.ge/blog/221/globaluri-inovaciis-indeqsi-da-saqarTvelo http://b2p.ge/10-inovazia-romlebic-samyaros-amoatrialeben-2020-wlistvis/ 7. https://businesshub.ge/ge/innovation/increase-rd/types-of-innovation 8. https://www.trendbook.ge/en/component/content/article/49-extra/12978-inovaciagvesmisthuaramisimnishvneloba 9. http://ite-r.blogspot.com/2014/01/blog-post.html 10. http://forbes.ge/blog/221/globaluri-inovaciis-indeqsi-da-saqarTvelo 11. https://www.businessaward.ge/ka/nomination/wlis-inovaciuri-biznesi 12. forbes.ge/news/ 13. www.nplg.gov.ge/gwdict/index.php?a=term&d=5&t. 14. forbes.ge/blog/221/globaluri-inovaciis-indeqsi-da-saqarTvelo. 15. https://www.overclockers.ge/index.php?/ 16. https://www.youtube.com/watch?v=GqeJrJ0Kv4k. 17. cheminanospace.blogspot.com/2017/10/blog-post_23.htm.