commodity

If we look at the modern economy we can see how significant the role of intangible assets and intellectual work has become over the last decades. These assets include fictitious commodities, and nowadays we have to analyze different definitions of this term, explain its basic characteristics and price formation strategies. Theoretical analysis. For signs of bogus goods is investigated, which serves as the basis for the cost of the real goods.

Introduction. Addressing the issues of economic development is driving growth and welfare of countries. Economic development of a country depends on the competitive advantages of the industrial complex and primarily commodity sector of the economy. Theoretical analysis. In the article the theory of imitation and innovation in the framework of endogenous theory economic development to study the dynamics of innovative development of countries with developing and transitional economies.