Techno-economic and consumer-economic paradigms and their compliance

Authors

  • Mikalai F. Zianchuk School of Business, Belarusian State University, 7 Shpaliernaja Street, Minsk 220004, Belarus

Keywords:

innovations, economic growth, techno-economic paradigm, consumer-economic paradigm, industrial innovations, consumer innovations

Abstract

In the modern theory of innovative development, the concept of techno-economic paradigm occupies a significant place. At the same time, in published research papers on this topic the role of consumer innovations has not been studied separately from industrial innovations. However, innovative consumer goods and the consumer-economic paradigms they form play an independent role in economic growth. A specific techno-economic paradigm and the consumer-economic paradigm generated by it are not an inseparable whole and may not coincide both in time and geographically, by country. The difference in the impact of industrial and consumer innovations on economic growth is revealed. Such a phenomenon as consumer-economic paradigm is considered. The circumstances and consequences for the national economy are analysed from advancing and lagging the consumer-economic paradigm from the corresponding techno-economic paradigm.

Author Biography

  • Mikalai F. Zianchuk, School of Business, Belarusian State University, 7 Shpaliernaja Street, Minsk 220004, Belarus

    PhD (engineering); associate professor at the department of logistics

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Published

2023-05-29

Issue

No. 1 (2023): Journal of the Belarusian State University. Economics

Section

O. Economic Development, Innovation, Technological Change, and Growth

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How to Cite

[1]
Zianchuk, M.F. 2023. Techno-economic and consumer-economic paradigms and their compliance. Journal of the Belarusian State University. Economics. 1 (May 2023), 86–93.