UDC 338.2

THE APPROACHES OF REPRESENTATIVES OF THE KEY ECONOMIC SCHOOLS TOWARDS THE ROLE OF THE SCIENTIFIC AND TECHNICAL PROGRESS IN THE ECONOMIC DEVELOPMENT OF SOCIETY The approaches of representatives of the key economic schools towards the role of the scientific and technical progress in the economic development of society

Published in International Journal of Applied Sciences and Technology Integral · Issue 4 · Rubric: ECONOMICS SCIENCE
Received: 06.12.2018 Accepted: 15.12.2018 Published: 25.12.2018 Language of publication: ENG
Authors
This article outlines the analysis of the role of the scientific and technical progress of the society from the points of view of the most eminent representatives of the key economic theory schools. It is shown that all the researchers, notwithstanding their pertainance to a particular economic school, regarded the scientific and technical progress as a key factor of the economic development of society.
scientific and technical progress, digital economy, transaction costs, regulatory institutions