The economy competitiveness depending upon the power intensity and R&D costs

Aleksandr Kozlov, Vladimir Tarasov, Iryna Karachun
The article deals with the higher competitiveness and innovations development of the Belarusian economy. There has been shown the need for reducing the material and power consumption through innovations and industry modernization as consistent with the 5th and 6th economic order. There has been investigated the correlation between the material and power consumption, innovation of the economy, domestic costs of R&D and the economic growth.