Analysis reveals innovation and memory dynamics in economics, suggesting a model balancing progress and tradition.
The article examines the philosophical foundations of innovation economics and memory economics. The key concepts defining the specifics of these areas of economic thought, such as knowledge, information, creativity, time, heritage, and identity, are analyzed. The conceptual framework of innovation economics and memory economics is defined, the genesis of the development of the philosophy of innovation economics and memory economics is studied, and the modern philosophical foundations of innovation economics and memory economics are identified to achieve the research goal of forming a comprehensive, holistic and conceptually grounded theoretical model of the philosophical foundations of innovation economics and memory economics. The conducted research of the philosophical foundations of the economics of innovation and memory has shown that innovation and memory form a dynamic unity, where technological changes actualize cultural elements, and the preservation of traditions creates the basis for sustainable development. The synthesis of philosophical, economic and cultural optics made it possible to overcome the dualism of “progress vs tradition” and propose a model of “conservative innovation” as a strategy for harmonizing technological and socio-cultural processes. The analysis of ontological prerequisites revealed the transformation of ideas about materiality in the digital age, which generates hybrid realities. In the context of the memory economy, it has been established that digital technologies, while preserving data, provoke an authenticity crisis, which requires the development of new ethical principles for handling heritage. The study of axiological contradictions between the values of progress and tradition made it possible to develop balancing mechanisms through the concepts of “educational capital” and “cultural and technological symbiosis.” The practical significance of the work lies in the formation of innovation management tools that include ethical criteria for evaluating technologies and strategies for integrating natural and cultural heritage into economic processes. Promising areas of further research include deepening interdisciplinary dialogue, developing models of “green innovation” based on the ideas of environmental rationality, as well as studying the impact of artificial intelligence and algorithmic systems on the preservation of the anthropological dimension of development.
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D. R. Mukhametov (2025) studied this question.
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