IDEAS home Printed from https://ideas.repec.org/a/url/izvest/v20y2019i1p5-12.html
   My bibliography  Save this article

Noonomics: The conceptual basis of the new development paradigm

Author

Listed:
  • Bodrunov S.Y.

    (Witte Institute for New Industrial Development)

Abstract

The paper elaborates on the conceptual basis of noonomics as a qualitatively new phenomenon of new industrial society of the second generation (NIS.2). The author reveals the contradictions of the world socioeconomic system on the verge of the fourth industrial revolution and emphasises the necessity to reconsider and develop essentially different fundamental principles of implementation of the state economic policy. On the basis of the evolutionary theory, the author proves that emergence of new technologies does not evidence the transition to services society, but weights in favour of the necessity of reindustrialization on a qualitatively new technological base, and this requires the domination of knowledge over material factors in all production economic processes. Empirical data suggest that investments in Russia’s knowledge-based economy are lower than worldwide. The paper presents the directions for reforming the system of economic relations and a definition of noonomics as the basic element of the new conceptual platform. The research findings can be useful when devising long-term socioeconomic development strategies and specifying directions for Russia’s technological development

Suggested Citation

  • Bodrunov S.Y., 2019. "Noonomics: The conceptual basis of the new development paradigm," Journal of New Economy, Ural State University of Economics, vol. 20(1), pages 5-12, March.
  • Handle: RePEc:url:izvest:v:20:y:2019:i:1:p:5-12
    DOI: 10.29141/2073-1019-2019-20-1-1
    as

    Download full text from publisher

    File URL: http://jne.usue.ru/images/download/81/1.pdf
    Download Restriction: no

    File URL: http://jne.usue.ru/en/issues-2019/791
    Download Restriction: no

    File URL: https://libkey.io/10.29141/2073-1019-2019-20-1-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hasddin & Abd. Azis Muthalib & Edward Ngii & Asrip Putera, 2022. "The Ability of Green Open Spaces in Greenhouse Gas Control to Achieve Green Cities in Kendari City," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 327-331.
    2. Vladimir V. Ilyashenko, 2019. "Interrelation of economic theory and the policy of the Russian state," Journal of New Economy, Ural State University of Economics, vol. 20(5), pages 5-22, December.

    More about this item

    Keywords

    noonomics; nooproduction; fourth industrial revolution; knowledge intensity; knowledge-based economy; reindustrialisation; new industrial society.;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:url:izvest:v:20:y:2019:i:1:p:5-12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Victor Blaginin (email available below). General contact details of provider: https://edirc.repec.org/data/usueeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.