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Economic Analysis: Theory and Practice
 

Innovation infrastructure as a driver of socio-economic development: international and domestic experience

Vol. 13, Iss. 45, DECEMBER 2014

Available online: 3 December 2014

Subject Heading: ANALYSIS OF COMPETITIVE ABILITY

JEL Classification: 

Pages: 11-19

Sukhovei A.F. Institute of Economics of Ural Branch of Russian Academy of Sciences, Yekaterinburg, Russian Federation
alla_suhovey@list.ru

Importance Due to growing disadvantage of Russia in terms of innovation development as compared with economically developed countries, the revitalization of innovation processes becomes particularly relevant for Russia and its regions. One of the mechanisms of stimulating innovation growth is innovation infrastructure.
     Objectives The objective of the research is to analyze the effectiveness of innovation infrastructure in Russia and abroad; to identify the main causes of innovation infrastructure inefficiency in Russia; to formulate priorities of modern innovation development.
     Methods I used the comparative analysis and economic-statistical methods to assess the level of development of innovation infrastructure in Russia and abroad and to demonstrate its potential as a driver of renovation of production and socio-economic systems in whole.
     Results The analysis showed that Russian innovation infrastructure is underestimated as a tool of social and economic policy to promote radical reforms related to high-tech sector development, which is pivotal for modern economy. I identified the main problems hampering the formation of an effective innovation infrastructure in the Russian Federation (the lack of general development strategy of innovation infrastructure; imperfect legal framework, which determines the status of innovation infrastructure objects; insufficient incentives for Hi-Tech parks and other innovative complexes and their residents, etc.). The study defines priorities for economic and legal support to innovation infrastructure and its efficiency enhancement.
     Conclusions and Relevance I conclude that refocusing the world community on innovation development requires greater attention of the State to innovation infrastructure. Its success not only creates favorable conditions for innovation business and processes, but also contributes to solution of many social and economic problems.

Keywords: Keywords: innovation infrastructure, technological parks, State innovation policy, modernization, socio-economic, systems

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