The Principles of Implementation of Innovational Model of Well-balanced Information Economy

Abstract

Purpose

The purpose of the chapter is to develop and substantiate the principles of implementation of the innovational model of well-balanced information economy.

Methodology

The methodology of the research consists of the method of analysis of causal connections, which is used for determining the need for proclaiming various principles of implementation of the innovational model of well-balanced information economy, evaluation and comparison of the possible methods of their observation, and studying possible consequences. This allows determining the optimal set of principles that allow – with the highest precision – implementing in practice the offered innovational model of well-balanced information economy.

Results

The author offers eight main principles of implementation of the innovational model of well-balanced information economy: principle of balance, principle of simultaneousness, principle of balance of state and entrepreneurial initiative, principle of innovational activity of personnel, principle of cyclicity, principle of feedback, principle of effectiveness, and principle of protection. They focus on peculiarities and key advantages of the innovational model of well-balanced information economy and guarantee its formation as a result of practical measures that are aimed at informatization of the economic system. These principles must be a guide for action for modern economic systems, and their strict observation will allow implementation of the offered optimal model, not just formation of information economy, thus guaranteeing its balance.

Recommendations

The developed principles are recommended to scientific and practical application.

Citation

Parakhina, V.N., Boris, O., Timoshenko, P. and Panasenko, S. (2018), "The Principles of Implementation of Innovational Model of Well-balanced Information Economy", Sukhodolov, A.P., Popkova, E.G. and Litvinova, T.N. (Ed.) Models of Modern Information Economy, Emerald Publishing Limited, Leeds, pp. 193-201. https://doi.org/10.1108/978-1-78756-287-520181020