The quality economics role in the sustainability of innovative development

Abstract

The article is focused on the analysis of the main aspects of quality economics formation, its scientific content and practical application. The article demonstrates one of the key areas of the practice of applying the quality economics: theoretical and methodological justification of improving the quality of life. Special attention is paid to the role of the metrology, standardization and quality management as the main elements of quality economics in the conditions of digitalization. Some aspects of the influence of the quality economics on innovative development are illustrated.