Sereda Viktor, PhD in Law, Affiliated Honorary Research Fellow, Fil. Dr. Jan-U. Sandal Institute, Finstadjordet, Norway

ORCID ID: 0000-0001-7595-0260
e-mail: provost@janusandal.no

The Development of the Modern Economy and Dynamic Innovative Pedagogy: Theoretical Aspect

Introduction. As one of the main tasks during the pedagogical internship, as part of the four years Affiliated Honorary Research Fellow program at Fil. Dr. Jan-U. Sandal Institute, I had to carefully prepare and give three different lectures to students on one of the relevant topics for each course of The Social Entrepreneur School IBS, according to the schedule specified by the head of lecturing and examination, Professor Dr. Jan-Urban Sandal. The internship took place in Cairo, Egypt in September 2019.
Purpose. The main purpose of the study is to disclose the scientific principles behind innovative pedagogy and its effectiveness in lecturing innovation and business and social entrepreneurship throughout the world on all academic and scientific levels.
Results. According to Schumpeter’s theory, entrepreneurial people, as a rule, come from the lower social strata. Because they challenge and go against what is most common in society, both in theory and in practice, an entrepreneur acts as a kind of agent for social change, aimed at promoting the use of the latest products and services, opening new markets, updating existing production models and introducing new sources of raw materials. Performing new combinations, he receives entrepreneurial profit, which is wholly owned by him alone. Profit from entrepreneurial activity is an indicator of how justified the new idea is. Innovation in pedagogy and teaching methods follows the same pattern as in the markets of commodities and labor.
Conclusions. Based on the scientific research and internship training, we can conclude that it is necessary for each scientist or teacher to look for new knowledge and the latest pedagogical methods in order to keep up with the challenges of the digital economy and globalization. The author sees it possible to apply the acquired knowledge during the internship to transfer and even train practicing lawyers, tax consultants, accountants and specialists from several other professions.
Keywords: innovation; dynamic innovative pedagogy; entrepreneurship; rule of law; economic dynamics; innovative method.

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