Development of the Digital Economy in the Context of Improving the Methodological Support for the Formation and Assessment of Institutional Mechanisms of Innovation Activity

Abstract

The practice of reforming macrosystems and attempts to transition from resource and industrial to digital economy showed that the lack of an institutional component increases information uncertainty, prevents the development of various forms of cooperation, increases the degree of risk in the implementation of exchange and contracting, causing an increase in economic, social and transactional costs, as well as higher prices for goods and services. The formation of institutional mechanisms of innovative development of the Russian Federation requires the development of appropriate scientific-methodological, regulatory and legal and information-analytical framework for effective regulation of the formation processes of high-tech economy, which is a pressing problem for our country. The paper identifies institutional factors, as well as areas to enhance and improve the effectiveness of innovation activities; established economic risks in an imperfect institutional environment; identified institutional components of the integration mechanism to ensure innovative economic development; proposed a methodological approach to assessing the quality of the institutional environment, as well as a diagnostic mechanism of its state.