R&D and Innovation: Competition is Growing

DOI: 10.20542/0131-2227-2019-63-5-47-56

N. Ivanova (n. i.ivanova@imemo.ru),
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation;
Z. Mamedyarov (mamedyarov@imemo.ru),
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation 


The article is devoted to the study of changes in the trends of global economic development and growth associated with the increasing role of developing countries in research and development (R&D). Currently, developing countries and whole industries, especially in China, India and other developing nations, are moving from catching-up phase to the advanced development, as they have already developed own extensive R&D landscape, created patent reserves, successfully implemented state policies stimulating national high-tech sectors, attracted international capital. There is an ongoing competition between various technologies and countries, industries and companies, universities and startups. All this represents an expanding basis for further global innovation growth. It is shown that the development of knowledge-intensive sectors in the world economy is largely determined by the activities of private companies, consistently increasing its R&D expenditures. The current phase of global innovative development is characterized as of intensified global competition for technology, highly qualified personnel and growing investment in knowledge-intensive sectors. As a result, the path of catching-up development, which was followed by developing countries at the beginning of the XXI century, is replaced by a stage of direct competition and attempts to enter the path of advanced development. The leading role in this struggle is played by private companies. The article emphasizes the importance of R&D in the private sector and the role of the stock market in ensuring sustainable scientific, technological and innovative development on the global scale. 


world economy, international economic comparisons, R&D expenditures, financing of science, knowledge-intensive industries, innovations 


1. Purchasing Power Parities and the Real Size of World Economies. A Comprehensive Report of the 2011 International Comparison Program. Washington, World Bank Group, 2015. 328 .

2. Globalization in Transition. The Future of Trade and Value Chains. MKinsey Global Institute. 2019. Available at: https://www.mckinsey.com/featured-insights/innovation-and-growth/globalization-in-transition-the-future-of-trade-andvalue-chains?reload (accessed 21.02.2019).

3. World Development Report 2016: Digital Dividends. International Bank for Reconstruction and Development. World Bank. 2016. Available at: http://documents.worldbank.org/curated/en/961621467994698644/pdf/102724-WDRWDR2016Overview-ENGLISH-WebResBox-394840B-OUO-9.pdf (accessed 28.02.2019).

4. Kennedy S. Made in China 2025. Centre for Strategic & International Studies, June 1, 2015. Available at: http://csis.org/publication/made-china-2025 (accessed 21.02.2019).

5. OECD Main Science and Technology Indicators. Available at: http://www.oecd.org/sti/msti.htm (accessed 21.02.2019).

6. 2018 Global R&D Funding Forecast. A supplement to R&D Magazine, Winter 2019. Available at: https://digital.rdmag.com/researchanddevelopment/2018_global_r_d_funding_forecast?pg=1#pg1 (accessed 21.02.2019).

7. First Estimates of Research & Development Expenditure. Eurostat, January 2019. Available at: https://ec.europa.eu/eurostat/documents/2995521/9483597/9–10012019-AP-EN.pdf (accessed 21.02.2019).

8. Triadic Patent Families. OECD, 2019. Available at: https://data.oecd.org/rd/triadic-patent-families.htm (accessed 21.02.2019).

9. The 2018 EU Industrial R&D Investment Scoreboard. Available at: http://iri.jrc.ec.europa.eu/scoreboard18.html (accessed 21.02.2019). 


Registered in system SCIENCE INDEX

For citation:
Ivanova N., Mamedyarov Z. R&D and Innovation: Competition is Growing. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2019, vol. 63, No 5, pp. 47-56. https://doi.org/10.20542/0131-2227-2019-63-5-47-56

Comments (0)

No comments

Add comment

Current Issue
2020, vol. 64, No. 7
Topical Themes of the Issue:

  • Drivers of Global Economy
  • D. Trump’s Economic Model: Results and Prospects
  • European Union: Second Generation Trade Agreements
  • USA–Iran: between “Maximum Pressure” and “Heroic Flexibility”
  • Protest Potential of the Latin America: Regional Aspect of Global Phenomenon
View This Issue (2020, vol. 64, No. 7)
Submit an Article

Dear readers!
Please note that free access to full-text issues of the Journal is being opened at our WEB-site after 6 months of the date of publications. Currently, the releases of 2015–2018 are available for free. The work on deepening the open archive of full-text issues will be continued.

Dear readers!
This is to inform the researchers of the Institute of World Economy and International Relations that electronic version of the 4-nd issue of 2019 of French magazine Politique étrangère is now available. Those who are interested, please personally address to the editorial staff of MEMO Journal (room 18-17) with an electronic media (e-mailing is not possible because of technical reasons).


In response to the challenges of our time the Editorial board continues to open new thematic rubrics:

“The Common Spaces”. The XX century was marked by the process of active development of the so-called common spaces, namely the World ocean, outer space and the Internet which, due to various reasons, were previously perceived as peripheral for the mankind and were not used at all or less intensively. Since then, the degree of their development and usage is constantly increasing. Even though the prospects of obtaining material dividends from their use are often extremely remote, the level of competition there is steadily increasing, resulting in growing inter-state conflicts’ potential.

“Silk Road and prospects of Great Eurasia”. It is planned to publish materials concerning the Chinese project of Silk Road and its impact on the socio-economic development of various countries in Eurasia and the integration processes in this mega-region.

“Africa today and tomorrow”The rubric devoted to contemporary issues of Africa which is attracting growing interest of the world's leading actors. We plan to publish the articles analyzing the status of statehood, socio-economic and political development of the countries of Black continent, as well as the integration processes between them.

“Civilization processes of modern development” is a new rubric opened by MEMO Journal in 2020. It will be devoted to the analysis of the influence of civilizational factors and inter-civilizational interactions on the political and socio-economic development of the world at whole, regions and countries.

Dear colleagues, authors and readers!

We kindly request you to turn to editor-in-chief and executive secretary directly concerning reviewing scientific publications in our journal. Only editor-in-chief takes decision on order and publication the reviews!


"World Eonomy and International Relations" announces a contest for the best joint academic publications of domestic and foreign researchers and experts in topical issues of the world economy and international relations. The winners will be selected according to the results of peer reviewing and discussion at the Editorial Board. The articles will be published in priority order.


The print version of “World Economy and International Relations” journal is distributed by advance subscription only, and is not offered for retail sale. To subscribe please address to any post office in Russia by referring to the Federal Postal Service Union Catalogue, section “ARSMI”, the journal index is 70542. The subscription may be made for the whole subscription period or starting from any nearest available month for desired number of issues.

To purchase the full-text electronic version of the journal’s issue/article please address to the WEB portal of Scientific electronic library eLIBRARY.ru or URL: https://press.gaugn.ru/.

In journal
                     Articles by year
                     Authors by year
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |

The author’s opinions may not coincide with the position of editorial