Positive impact of international companies on development of knowledge economy

  • Received March 1, 2017;
    Accepted April 26, 2017;
    Published June 8, 2017
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  • Article Info
    Volume 15 2017, Issue #2, pp. 81-89
  • Cited by
    3 articles

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

In recent years, all economically developed countries of the world experience formation of knowledge economy as the highest stage of postindustrial economy development. International companies, basing their activity on accumulation of human capital according to the principles of innovativeness, scientific nature, continuity and progressiveness, play an important role in activation of this process. Owing to global nature of their activity it influences all spheres of human life in the world, improving it, as well as having an adverse impact (enhancement of poverty in some regions of the word, environment pollution, etc.). Achievement of these conditions of sustainable economic growth is possible just by the way of prevention of the adverse impact, which, among other things, depends on the active social position of the management of international companies. Therefore this paper is aimed at identification of priority focuses of socially responsible activity of international companies. This goal was achieved through generalization of basic program initiatives of the activity of three companies, leading in innovations (Apple, Samsung and IBM). Adoption of the above-mentioned initiatives by other companies of the world as guides while developing their own development strategy has to facilitate the growth of positive effects from enhancement of knowledge economy in the world.

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    • Table 1. Systematization of program initiatives of social responsibility of the companies, being innovative leaders of the world
    • Table 2. Ranking of the companies by R&D investment in 2016
    • Table 3. Priority areas of the international companies’ activity