The problems of country's innovative capacity and investment attractiveness growth synchronization

Abstract

The present stage of the world economic development is characterized by the scientific and technological progress accelerated paces and by the increasing of the main productive factors intellectualization. The efficiently operated country innovative potential not only determines the economic growth prospects, but also serves as an economic independence and prosperity indicator. The country innovation system embeddedness in the global economic relations is becoming one of the major factors of national economies competitiveness. The paper proposed the method for determining the innovative capacity and innovation strategies for the modern states modernization, the conclusions, regarding the domestic economic systems investment attractiveness and innovative level correlation; considered the world innovation progress as a factor of international capital's flows and of the international division of labor. © 2011 Academic Journals Inc.