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Economic and financial instruments for innovation management: The Irkutsk Oblast case study

Received: 6 March 2025

Accepted: 18 April 2025

Available online: 30 October 2025

Subject Heading: REGION IN NATIONAL ECONOMY

JEL Classification: O1, O30, R1, R10, R19

Pages: 19-31

https://doi.org/10.24891/trqriz

Subject. This article discusses the issues of realization of the Irkutsk Oblast’s economic potential.
Objectives. The article aims to develop comprehensive measures to promote innovation in the Irkutsk Oblast.
Methods. For the study, we used the methods of systems and comparative analyses.
Results. The article identifies the main factors hindering the development of innovation in the Irkutsk Oblast and proposes certain measures to improve the Oblast’s infrastructure, training qualified personnel, and stimulating business innovation activity.
Conclusions. Increased innovation activity and expanded markets can help strengthen the position of the Irkutsk Oblast in the national and global economy.

Keywords: innovation, financing, infrastructure, regional economy, modernization

References:

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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