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Basic Directions Of Technology Development In Term Of Globalization: Review Of Macedonia

Author

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  • Merdzhanovska, Marija

    (Ss. Cyril and Mehtodius University, Faculty of Economics in Skopje, Macedonia)

Abstract

There are many types of econometric models used in predicting the inflation rate, but in this study we used a the paper explores the possibilities of technology development in terms of globalization. In the beginning the characteristics of globalization are analyzed. These questions are looking for answers which are the basic directions for technology development which influence the choice of business strategy. The basic technology paradigms in terms of globalization, which dictate the technology development, are analyzed there: knowledge, innovations, renewable recourses of energy and information and telecommunication technology. All these categories are presented through the case of the Republic of Macedonia. The goal of the paper is to show that with bigger education, innovations, renewable energy and information technology, Republic Macedonia can survive at the global world market.

Suggested Citation

  • Merdzhanovska, Marija, 2015. "Basic Directions Of Technology Development In Term Of Globalization: Review Of Macedonia," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 6(1), pages 155-163.
    • Handle: RePEc:ris:utmsje:0145
    as

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    File URL: http://utmsjoe.mk/files/Vol.%206%20No.%201/6-1-13-UTMS_Journal_of_Economics.pdf
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    References listed on IDEAS

    as
    1. Jensen, Morten Berg & Johnson, Bjorn & Lorenz, Edward & Lundvall, Bengt Ake, 2007. "Forms of knowledge and modes of innovation," Research Policy, Elsevier, vol. 36(5), pages 680-693, June.
    2. Vinod K. Goel & Ekaterina Koryukin & Mohini Bhatia & Priyanka Agarwal, 2004. "Innovation Systems : World Bank Support of Science and Technology Development," World Bank Publications - Books, The World Bank Group, number 15026.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Globalization; technology development; technology paradigms; competition; Republic of Macedonia;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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