"Financial Preconditions of the Technological Development of an Economy"

Inna Shovkun

Abstract


On the basis of a financial analysis of the technological sectors in Ukraine’s economy, the author reveals financial preconditions for the change of technological orders. The article shows the limited character of the theoretical concept for the technological evolution of economic systems, which fails to hold true under the conditions of transition economy. Under the unstable conditions of transition economies, the technological advancement regenerates into its antipode, i.e. technological degradation of the production with a greatly financial basis. Due to the limited character of the existing market mechanisms, the author justifies the need to create a financial mechanism for technological development of the national economy with the use of state regulation.

Keywords


technological development; financial mechanism; statistical analysis; profit; profitability

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"Intellectual Economics" ISSN online 1822-8038 / ISSN print 1822-8011