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Socio-technological paradigm of entrepreneurship

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The article presents socio-technological paradigm as the basic for entrepreneurship development andimproving thecompetitiveness of national economy. Author highlights main periods of technological factorsconceptualization for socio-economic development in national economic thought.

The approaches to theunderstanding of man’s place in the economic system in the period of early industrial transformation are shown.Practical implementation peculiarities of the interaction and interdependence of scientific and technologicalprogress and socio-economic development of society in the Soviet period are revealed.

Paper determines the mostefficient theoretical positions concerning the justification of the priorities for economic development in Ukraine.Author describes entrepreneurship as one of the thrusters and mechanisms for economic dynamics. The role ofbusiness in ensuring sustainability of the national economy relative to external and internal negative influences isshown. Thus, it is noted that the positive socio-economic results can be expected only under the condition ofovercoming the domestic entrepreneurship system deformations. Shown is the need to consider the historicaltrajectory of the domestic economy development and the experience of the regulatory role for the state in promotingindustrial transformation.

Author emphasizes that at the present stage of tough global competition, governmentregulation must promote self-supported technological growth and sustainable economic development, creatinginstitutional barriers for the implementation of investment and innovative market mechanisms. Arguments for theentrepreneurship special role in the practical adoption of smart sustainable economy, based on socio-technologicalparadigm of social development are suggested.

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