Economic Analysis: Theory and Practice
 

Abstracting and Indexing

РИНЦ
Referativny Zhurnal VINITI RAS
Worldcat
Google Scholar

Online available

EBSCOhost
Eastview
Elibrary
Biblioclub

Archiving

Cyberleninka (12 month OA embargo)

The concept of Grand Challenges in the forecasting system for science, technology and innovation development

Vol. 18, Iss. 7, JULY 2019

Received: 29 May 2019

Received in revised form: 13 June 2019

Accepted: 24 June 2019

Available online: 30 July 2019

Subject Heading: ECONOMIC ADVANCEMENT

JEL Classification: E27, F01

Pages: 1196–1212

https://doi.org/10.24891/ea.18.7.1196

Karasev O.I. Lomonosov Moscow State University, Moscow, Russian Federation
oikarasev@econ.msu.ru

https://orcid.org/0000-0003-2716-8922

Mukanina E.I. Lomonosov Moscow State University, Moscow, Russian Federation
mukanina28@gmail.com

https://orcid.org/0000-0001-5348-8933

Trost'yanskii S.S. Lomonosov Moscow State University, Moscow, Russian Federation
epk.audit2@gmail.com

https://orcid.org/0000-0003-0485-409X

Beloshitskii A.V. Lomonosov Moscow State University, Moscow, Russian Federation
alexei_bel@hotmail.com

https://orcid.org/0000-0001-9898-2943

Subject Modern approaches to macro-economic forecasting rest on the need to understand the so-called grand challenges, i.e. threats and new opportunities that can significantly change the global social and economic landscape. The planetary scale of the challenges calls for the international community to apply new approaches to effectively deal with any emerging issues and capture new opportunities.
Objectives We systematize existing approaches to highlighting the key challenges, define scenarios of world development in line with global trends.
Methods The study employs methods of analysis and modeling.
Results We give a definition of basic notions used in the theory and practice of strategic forecasting based on the Grand Challenges concept, a comprehensive description of the concept, considering the practical experience of developed countries. We also present a classification of existing challenges that affect all aspects of human development. The paper includes a semantic model of concepts applied in the forecasting practice on the basis of the Grand Challenges concept, and highlights key challenges for the global community.
Conclusions The discussed challenges are significant. They cover every facet of our society. Their study and description enable to get an insight into existing and potential direction of changes in various activities, sectors of economy, companies.

Keywords: Grand Challenge, foresight, economic policy, semantic model

References:

  1. Hoffman A.J. Institutional Evolution and Change: Environmentalism and the U.S. Chemical Industry. Academy of Management Journal, 1999, vol. 42, no. 4, pp. 351–371. URL: Link
  2. Buysse K., Verbeke A. Proactive Environmental Strategies: A Stakeholder Management Perspective. Strategic Management Journal, 2003, vol. 24, no. 5, pp. 453–470. URL: Link
  3. Ruiz-Mallén I., Schunko C., Corbera E. et al. Meanings, Drivers, and Motivations for Community-Based Conservation in Latin America. Ecology and Society, 2015, vol. 20, no. 3. URL: Link
  4. Krasavina L.N. [Updating the scientific school of international monetary, credit, financial relations in the context of global challenges]. Den'gi i kredit = Russian Journal of Money and Finance, 2017, no. 7, pp. 27–34. URL: Link (In Russ.)
  5. Murphy J.J. Vizual'nyi investor. Kak vyyavlyat' rynochnye trendy [The Visual Investor: How to Spot Market Trends]. Moscow, Al'pina Pablisher Publ., 2012, 310 p.
  6. Ogasawara A. 1st Preliminary Report on the 10th Science and Technology Foresight Survey. URL: Link
  7. Weinstein M.C., Zeckhauser R.J., Cropper M.L. The Optimal Consumption of Depletable Natural Resources: An Elaboration, Correction, and Extension. The Quarterly Journal of Economics, 1978, vol. 92, no. 2, pp. 337–344. URL: Link
  8. Kozlovskii E.A. [Mineral-raw resources in the world and Russian economies]. Ekonomicheskie strategii = Economic Strategies, 2014, no. 8, pp. 32–39. URL: Link (In Russ.)
  9. Korkina E.V. [Geography of the global mining industry]. Akademicheskaya publitsistika, 2018, no. 1, pp. 180–184. (In Russ.) URL: Link
  10. Kejun Jiang. Technological Progress in Developing Renewable Energies. In: China's New Sources of Economic Growth: Human Capital, Innovation and Technological Change. ANU Press, 2017, vol. 2, pp. 315–342. URL: Link
  11. Shaparov A.E. [Formation of a new immigration regime in Europe]. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations, 2017, vol. 61, no. 7, pp. 83–92. URL: Link_(169-187)_Shaparov_ID8613.pdf (In Russ.)

View all articles of issue

 

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 18, Iss. 7
July 2019

Archive