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Assessment of Industrial and Financial Applications of Innovation Development
VOLUME-8 ISSUE-10, AUGUST 2019, REGULAR ISSUE
The purpose of this study is to make an analysis of indicators and methods used to calculate the Global Innovation Index (GII), which assesses the level of innovation development in a country . Within this index the shortcomings lead to overestimation for the developing countries . These indicators predominantly reflect not the achieved innovation development level, butthecountry'spotentialtoachieve it. The GDP (less than the resource rent ), calculated using the purchasing power paritydoi:10.35940/ijitee.d1664.029420 fatcat:qgzqm7ibznbe3duq77fadwu5ua