Performance Method for Innovative Activity on the Achieved Level of the Country’s Socioeconomic Development

Abstract

The purpose of this study is to make an attempt to assess the innovation activity on the achieved result , expressed in indicators that determine the socioeconomic level of country development, as it is the purpose of innovation In the applied method of calculating the evaluation of the effectiveness of innovation (Data environment Analysis) these indicators were the results, while the indicators of innovation were considered as a “resource”. Rental indicators, Gini index and others , reflecting (directly or indirectly) the result of innovations was also taken into account. The results showed values that were less inconsistent with the estimates for other related indexes and indicators , while the evaluation with existing methods gave more inaccurate results. This suggests that the proposed method gives a more objective assessment of the innovation level in the country and more accurately determines the country ‘s place in the world ranking. The main source of the world economy development today is the innovation, an integrated assessment of which on a national scale can itself act as an indicator of the level of economic and — in a broader sense — the socio-economic level of the country development . From this point of view, an objective assessment of the innovation development level, as well as the development and proposal of methods for its evaluation are still relevant. Up-to-date assessment methods mainly assess the potential of countries to develop innovations, while their achieved level should be assessed, since, with significant differences in the development of countries , these potential opportunities can be realized to varying degrees.