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TERRA ECONOMICUS

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  • The harmonization of mechanisms for the strategic development of the national innovation system

The harmonization of mechanisms for the strategic development of the national innovation system

TERRA ECONOMICUS, , Vol. 15 (no. 1),

The strategic goal of economic development is the growth of competitiveness of the country through the formation of innovative economy, the operation of which is largely determined by the qualitative characteristics of the innovation system and the strategy of building national innovative capacity. This study attempts to identify the strategy of innovative development of domestic enterprises of industrial sector of economy, including those depending on the technological level of the industry. The main hypothesis of this study is that the current model of economic development of Russia focused on the export of new technologies, which determines the predominance of the strategy of borrowing in the industrial sector at the medium- and low-technology levels. We assume that different sources of innovation financing differently affect the industry, in particular, public investment has greater influence on the industry of high-tech sector of the economy, and foreign investment – on the industries which use the strategy of new technologies borrowing. The study also tests the hypothesis that such factors as the cost of staff training have the greatest impact on economic activities dependent on the labor resources development. The research findings suggest the specifics of the model of economic development in Russia, and show orientation on international experience in the building of the innovative economy. We conclude that the main source of modernization of production and innovative development of industries is the import of new technologies, at the expense of own funds of enterprises. In this regard, the article proposes such a measure as the formation of consolidated groups of classification of fixed capital and the establishment of the regulatory service life of the equipment in branches and types of economic activities which are of the highest importance for the development of the national innovation system.


Keywords: innovative system; innovative development strategy; new technologies; adoption of new technologies; government support; foreign investments; training costs; form of ownership; the regulatory service life of the equipment

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606