Development of the innovative potential of the region

Abstract

Introduction. In order to successfully implement the strategic goals of the socio-economic development of Russia it is essential to make maximum use of the potential of each subject of the Federation, including active development and effective use of its resources. Particular attention should be paid to investment and innovation opportunities, as they play the key role in the sustainable growth of the country’s economy and social sphere. To organize effective work to achieve the set goals, it is necessary to solve a complex problem of efficient combining of two main functions of regional investment and innovation policy: stimulating development and leveling differences between regions. This requires an integrated approach and the development of specialized support mechanisms. It is relevant to take into account the peculiarities and potential of each region for efficient customization of modern technologies and innovations. Goal. The study aims to develop tools for managing the innovative potential of the region based on its comprehensive assessment.Materials and methods. The works of national economists on the problems of managing innovation activities in the region served the theoretical basis of the study. Educational and scientific literature, periodical press materials, as well as legislative and regulatory documents were studied. The methods of statistical, systemic, comparative, structural and trend analysis, methods of graphical and tabular presentation of research results were used.Results and discussion. The structure of innovation potential of the region is presented, and the classification of types of the innovation potential of the region is considered.Conclusion. The analysis of the innovation environment made it possible to identify a significant human resources potential, as well as positive dynamics of the amount of internal financing on scientific research and development.

Keywords

• regional economy
• innovation
• innovative activity
• innovative potential