Role of innovation economy in developed and emerging countries
Uncertainties, huge investments, late returns on investment and high risks - the main features of innovation process. Smart specialization as an innovation strategy in terms of national or regional domain, which is aimed on economic transformation.
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Fundamental principles of the innovation financing mechanismin all areas of business: targeted focus towards financial vectoring; justification and legal support to primary sources of assets; their polystructural character; financial depth and breadth.
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