Imperatives of Business Regulation Development in Global Economy
Abstract
The article deals with the evolution of regulation frameworks in the light of structural shifts and industrial revolutions. The author used the theory of technological paradigms because it made possible to trace the changing needs of the expanding industrial sector.
Crucially, the paper dwells on the issue of applying different regulative tools in order to promote domestic production along with maintaining a competitive environment and encouraging entrepreneurial activities.
It is highlighted that in the information era technology transfer occurs so quickly and seamlessly that economic success only depends on possibilities of use of technology on the particular territory.
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References
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