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The economy of developed countries has its particularly innovative features. The innovative development is based on a creative approach to the management of an organization by many young, active and highly professional specialists. To modernize economy, it is necessary to ensure a permanent flow of qualified staff of the new generation, which is one of the priorities of the government strategy. Keywords—Competitiveness; effectiveness; modernization; innovative development; education I. REASONS WHY INTELLECTUALIZED EDUCATION SHOULD BE GIVEN PRIORITY The economy of developed countries is obviously innovative. The basis of innovative approach is a creative approach to organization's management. Therefore, it's necessary to form a new generation of professional managerial staff for modernizing the economy. The role of education in personal development is acknowledged all over the world. Education is not only a form of knowledge transfer, it also accumulates cultural heritage of a nation, and develops spiritual ideals. The level of education that a person receives affects different forms of human activity. Moreover, the right to education is written down in black and white in the Common declaration of Human Rights. Education has a strategic priority over any other spheres of the national activity. The economic crisis showed that the majority of staff members in Russian companies have only a low level of competence. The problem lies not just in an absence of some skills, but in the general weakness of intellectual preparation of the staff. Erudition was not popular for quite a long time, instead, specialists of specific fields who did not possess even the general knowledge were preferred and staff's inclination to self-development was not welcome. The weakness and lack of systematic training made the ability of technical staffs to think creatively decay. As a result, the decreasing of intellectual level of the staff would pose serious threatens both to the ventures and the state. It is important to remember that during the last few decades, the structure of generations and transfer of information has drastically changed while its volume has risen. Today, it is impossible to prepare a person once and forever for a certain professional activity even in 5 or 6 years. It is estimated that in each year, 5% and 20% of the theoretic and professional knowledge gets refreshed respectively. Therefore, to ensure better operation of both the state and the economic entities, intellectualizing of education should be given priority.

Intellectualization of Education Perfection of Education to Keep Pace with the State's Modernization