Strategic Priorities for the Development of Intellectual Potential of Developing Countries in the Context of Constructing an Innovative Economy

Abstract

The intellectual potential is considered as the fundamental basis for the innovative development of the industry and business entrepreneurship through influence factors. At the same time, there is no single clear definition of the term ‘intellectual potential’ and clearly developed organisational and economic mechanisms for its relationship with the trends of innovative development of the economic system. The purpose of the study is focused on the search for optimal and effective organisational and economic mechanisms for the development of the intellectual potential of countries with developing economies. The methodology was based on the application of the following scientific methods: analysis and synthesis, the statistical method of analysis, the method of establishing patterns and hypotheses, and the method of enlarged analytical calculation. Research and analysis of the main constituent elements and indicative data of the intellectual potential of developing countries of the world (the Republic of Kazakhstan and the Russian Federation) made it possible to identify systemic problems in this area. It can be concluded that the intellectual potential has significant reserves in the field of improvement and development, primarily in the field of human capital. As a result of the study, the authors propose ways of intensifying the development of intellectual potential on the principles of the formation of organisational and economic systems, such as creation and development of corporate-type universities; creation and development of regional and interregional competence centres; creation and development of business initiative centres.