Shehda А. V., Onisenko Т. S.

INNOVATIONS AND SOCIAL AND ECONOMIC INEQUALITY

Introduction: Global inequality arises under the influence of various interrelated dynamic forces. The article deals with innovations as one of such forces. Issues of influence of innovations on social and economic inequality in modern society have been dwelt on. Aims and objectives: The article researches the influence of innovative activity on social and economic inequality. Results: Such aspects of innovative activity as concentration of intellectual property rights by large companies, growing differentiation in salaries and employment in the process of introduction of new technologies, inaccessibility of innovative products and services to the poor and socially disadvantaged and orientation of innovative diffusion to the wealthy have been identified. Generally, innovative activity relies on the mechanisms which, if not oriented otherwise, lead to social and economic inequality. Inequality emerges in the process of interrelation of new technologies and a human factor, and only government control of innovative activity and development of social corporate responsibility can smooth down its negative trends.

Key words: innovations, inequality, modern society, companies, differentiation.

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Information about the authors:

Shehda A. V. – Doctor of economic sciences, professor of Enterprises Economy Department, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine. ep@mail.univ.kiev.ua

Onisenko T. S. – Postgraduate, Enterprises Economy Department, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine.

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