Bìznes Inform (Jan 2020)

Regulating the Regional Innovation Processes and their Infrastructure Provision

  • Morhachov Illia V.

DOI
https://doi.org/10.32983/2222-4459-2020-1-129-135
Journal volume & issue
Vol. 1, no. 504
pp. 129 – 135

Abstract

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The publication is aimed at closer defining the theoretical-methodical provisions of the State regulation of regional innovation processes and their infrastructure provision, which is the basis for improving the system of the State provision of the researched processes. Attention is drawn to regional innovation processes as a means of getting the region out of the depressive status by deepening and improving specialization in the international division of labor. The features of regulating regional innovation processes and their infrastructure provision are considered. Scientific and technical systems have been identified as elements of the latter. Regional innovation policy is recognized as an important instrument for the State regulation of the researched processes. Its essence, tasks, factors of influence, features, problems and subjects of implementation, objects of influence are specified. The causal relationship of the State provision of regional innovation processes, as well as the components of success of the latter, have been defined. As an important result of the researched processes, a by-product of the multiplied tax effect is considered, which is the economic basis of the State provision of innovative projects. The role of sectors of the economy in the course of implementation of regional innovative projects has been specified, taking into account the issue of risk acceptance and the possibility of taking advantage of the additional benefits of the successful regional innovation projects.

Keywords