Innovative potential of regional economic development: problems and prospects

Abstract

Innovative potential in modern conditions is a significant factor in the development of the regional economy. The problems of research of innovative potential are of particular importance, since its effective use affects the competitiveness of the region, the level of its socio-economic development and has a significant impact on the economy of the country as a whole. The purpose of the study is to identify the main factors hindering the formation and effective use of the innovative potential of the region. The object of the study were the tools that determine the innovative potential of the region. The results of the study are the substantiation of promising areas of practical use of the scientific and technical and technological potential of the region. The author paid special attention to the study of promising directions for the development of innovative potential based on the use of innovative structures. The prospects for further research in this area are due to the fact that for a country that sets itself the goal of ensuring economic growth, the use of the existing innovative potential of the regions is of particular importance. The solution of this problem requires the activation of scientific research on issues related to improving the quality of the use of the innovative potential of the region.

Keywords

• innovation
• innovation potential
• innovation process
• innovation infrastructure
• financial resources
• investment resources
• innovation structures
• technopark