TECHNOLOGICAL POTENTIAL FOR DEVELOPMENT OF INNOVATION ECONOMY IN RUSSIA: THE LIMITS AND LIMITATIONS OF THE SIXTH TECHNOLOGICAL ORDER

Abstract

The subject of the study is the technological potential of innovative economy development in Russia to ensure the country’s global competitiveness in the world market. The methodological basis is the theory of technological structures. The research methodology is based on the analysis of the main indicators of technological innovation potential of the country’s economy to overcome the technological gap and implement the strategy of equal entry into the sixth technological order. The global innovation index has been analyzed in the article. The technological structure of the country’s economy in accordance with technological order has been examined. The limitations in the development of technological potential have been considered. The scientific reserve in the technology of the sixth technological order has been assessed. It has been shown, that the technological structure of the Russian economy is a weakness of innovative capacity of the country, reducing the country’s global competitiveness, technological diversity of the Russian economy caused by restrictions on the volume of investments in the industry of the new technological order, which prevents its dynamic development in the Russian economy. In this regard, the primary strategy for overcoming the technological gap of the Russian economy should be the restructuring of investments in breakthrough technologies of the sixth technological order.

Keywords

• economic development
• innovation-driven economy
• sixth technological order
• technology gap
• innovation potential
• global innovation index
• investment in innovations
• technological structure of economy