Bozieva I.A.North Caucasus Institute, Branch of Russian Presidential Academy of National Economy and Public Administration (RANEPA), Pyatigorsk, Stavropol Krai, Russian Federation tatuev08@mail.ru ORCID id: not available
Subject The article focuses on contemporary weaknesses of the Russian innovation finance and the need to ensure not only the overcoming of the cumulative lag of innovative activities, but also the priority innovative development of national reproduction. Objectives The research provides the rationale for devising additional innovation finance tools of national projects and set up respective principles. Methods The research is based on a systems approach, general methods, analysis of the Russian and foreign practices, statistical and comparative analysis, methods of logic and structural-functional analysis. Results As analytical and theoretical findings shows, the innovative gaps between real capabilities and practical finance of innovation became a common tendency of the Russian economy, on the one hand, and reproductive demand for innovation, on the other hand. The innovative gap appears to be the single negative factor of the national reproduction development, which will persevere notwithstanding changes in finance. This especially reveals itself in the way national projects are financed. Conclusions and Relevance The scale of national projects, significance of mid-term S&T and socio-economic development of the Russian Federation, respective financial resources allocated require additional mechanisms for innovation finance. Whereas profiles of national projects fail to stipulate explicit intention to spur innovative activities, it is reasonable to develop and implement the federal digital platform for innovation finance, which is integrated with emerging ecosystems of banking and financial sectors. The findings can be used to generate new digital mechanisms for effective financing of innovation.
Vlaskin G.A. [Result oriented planning as a tool of the State innovative policy]. Upravlencheskie nauki = Management Science, 2015, vol. 5, no. 1, pp. 32–43. (In Russ.) URL: Link
Schumpeter J. Teoriya ekonomicheskogo razvitiya. Kapitalizm, sotsializm i demokratiya [Theorie der wirtschaftlichen Entwicklung: eine untersuchung über unternehmergewinn, kapital, kredit, zins und den konjunkturzyklus]. Moscow, Eksmo Publ., 2007, 861 p.
Grigor'ev L. [Two discourses in Russian economic science]. Voprosy Ekonomiki, 2017, no. 9, pp. 135–158. (In Russ.) URL: Link
Kleiner G. [From the economy of individuals to systemic economy]. Voprosy Ekonomiki, 2017, no. 8, pp. 56–74. (In Russ.) URL: Link
Kretov S.I. [Problems of economic management in the light of complexity theory]. Upravlencheskie nauki = Management Science, 2015, vol. 5, no. 1, pp. 6–17. (In Russ.) URL: Link
Tambovtsev V.L. [Innovations and culture: Importance of the analysis methodology]. Voprosy Ekonomiki, 2018, no. 9, pp. 70–94. (In Russ.) URL: Link
Kolomiets A.G. [Innovations and protection of property rights in the era of radical economic transformations]. Voprosy Ekonomiki, 2018, no. 9, pp. 95–113. (In Russ.) URL: Link
Kovalev A.V. [Efficiency of public and private R&D in technology-intensive industries: The controlled nuclear fusion case]. Voprosy Ekonomiki, 2018, no. 7, pp. 119–130. (In Russ.) URL: Link
Idrisov G.I., Knyaginin V.N., Kudrin A.L., Rozhkova E.S. [New technological revolution: Challenges and opportunities for Russia]. Voprosy Ekonomiki, 2018, no. 4, pp. 5–25. (In Russ.) URL: Link
Mau V.A. [National goals and model of economic growth: New in the Russian socio-economic policy of 2018–2019]. Voprosy Ekonomiki, 2019, no. 3, pp. 5–28. (In Russ.) URL: Link
Galazova S.S. [Guidance system investment industry policy for example industry]. Vestnik Severo-Osetinskogo gosudarstvennogo universiteta imeni Kosta Levanovicha Khetagurova = Bulletin of North Ossetian State University after K.L. Khetagurov, 2013, no. 2, pp. 204–209. (In Russ.)
Motovilov O.V. [Corporate venture financing of innovative projects]. Vestnik Sankt-Peterburgskogo universiteta. Ser. 5. Ekonomika = St Petersburg University Journal of Economic Studies, 2016, no. 4, pp. 75–91. (In Russ.) URL: Link
Sedel'nikov S.R. [Collective financing of innovation: Current state and prospects of crowdfunding]. Kreativnaya ekonomika = Creative Economy, 2015, vol. 9, no. 4, pp. 495–508. (In Russ.) URL: Link
Dyudikova E.I. [Blockchain in the national payment system: The nature, concept and use]. Innovatsionnoe razvitie ekonomiki = Innovative Development of Economy, 2016, no. 4, pp. 139–149. (In Russ.)
Motkova M.A. [Possibilities of application of blockchain technology in the banking sector]. Sovremennye tendentsii razvitiya nauki i tekhnologii = Modern Trends in the Development of Science and Technology, 2017, no. 3-13, pp. 104–107. (In Russ.)