Research Paper on Technological Innovation

Technological innovation issues can be very interesting for those students who are looking for an actual topic to write their research paper on.

In the past three to five years, trends in the development of innovation policy and national innovation systems of the Group of Eight (G8) undergo significant changes. This is due not only to the global financial and economic crisis, requiring economic reforms, but also to the fact that at the beginning of the XXI century appeared the first signs of a new scientific-technological and industrial revolution, coupled with the advent of new technologies, such as nano, bio, information and communication and cognitive technology, also known as NBIC Technologies. In general, this stage of the development of world civilization in the works of some foreign scholars and think tanks (Rand Corp., U.S. National Science Foundation NSF, EU research reports, etc.) are called NBIC Technologies.

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Its main characteristic feature is convergence and the emergence of synergies NBIC Technologies that have a direct or indirect impact on the development of industrial production, education, economy, trade, society, culture, physiological, and cognitive human potential, and ultimately civilization as a whole.

If until recently the innovation policy by G8, from such countries as Canada, UK, Germany, Italy, Japan, based solely on the idea of building an innovative economy, with the results of the analysis of current trends in the development of high technology and globalization of innovation development, gradually began to be used in more complex, interdisciplinary, multi-agency approach. It is built on the need to coordinate the goals and objectives of the innovative development of public and private sector, science and industry, and not just build an innovative economy, but actually a new, innovative society, innovative civilization of the XXI century. All this in one way or another is reflected in the innovation policy and strategic documents of the Government of Great Britain, Italy, Canada, Germany, and Japan.

The analysis shows a clear tendency for the formation of the public-private partnerships in the field of innovation, which is reflected in the control systems at the level of the U.S., Europe, and Japan executive. This trend is particularly evident in the development of public-private financing of innovation activity that is increasingly structured within innovation chain “education – science – technology – the industry.” As a result, there are several sets of funds created to finance the various stages of innovation.

Certainly, innovative chain cannot function effectively without a corresponding level of education in general, and training and research for the implementation of innovation in particular. The main challenge to all developed countries today is the question whether the society is capable to adopt the innovative development, create the corresponding demand in the markets of the innovative products and services that will be made on the basis of high technology, including NBIC Technologies?

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