The Transfer of Intellectual Potential: Positive and Negative Externalities

Abstract

Social and economic transformation in post-socialist countries is closely tied to changes in the economic branch and sectoral development, including changes of investment flows, subsidies, state and private financing. One of the most difficult problems these countries faced consisted of supporting the level of development of science and higher education and, accordingly, the choice of a national strategy for the intellectual sector development of the society. By 1995, the Republic of Belarus was at its initial stage of developing the system of priorities of 21st century-oriented intellectual potential. It should be acknowledged that one of the first tasks conferred to the President of the Academy of Science by the President of the Republic was to make a list of the most talented people in science who, unfortunately, were unknown to the public.