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Innovation indicators and regional growth in Russia

Author

Listed:
  • Maria Kaneva

    (Institute of Economics and Industrial Engineering)

  • Galina Untura

    (Institute of Economics and Industrial Engineering
    Novosibirsk State University)

Abstract

This paper presents methodology and results of empirical analysis of a relationship of between innovation indicators (as reflected in the innovation indicators statistics) and regional growth in Russia. The integrated econometric approach developed by the authors allows for elicitation of factors that govern innovation activities for all Russian regions via factor and regression analyses. The approach can be adapted to any territory that is sub-divided into administrative regions. The composition of the elicited factors demonstrates that innovation activities that take place in the majority of Russian regions are in accordance with the priorities of the government ‘Strategy for Development of Science and Innovation in Russia until the Year 2015’. For a full sample of eighty regions among the input innovation indicators, expenditure on technological innovation has the greatest significant positive impact on economic growth in these regions. Diffusion of knowledge via spillovers between regions stimulates growth in a reduced sample for regions that exclude both innovation leaders and laggers. The study also demonstrates that quality of the institutions affects the level of economic activity, that is, regions with higher levels of institutional capacity produced more (as indicated by greater GRP).

Suggested Citation

  • Maria Kaneva & Galina Untura, 2017. "Innovation indicators and regional growth in Russia," Economic Change and Restructuring, Springer, vol. 50(2), pages 133-159, May.
    • Handle: RePEc:kap:ecopln:v:50:y:2017:i:2:d:10.1007_s10644-016-9184-z
    DOI: 10.1007/s10644-016-9184-z
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    References listed on IDEAS

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    Cited by:

    1. Teplykh, Grigorii & Galimardanov, Amal, 2017. "Modeling of innovative investment in Russian regions," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 46, pages 104-125.
    2. Rudra P. Pradhan & Mak B. Arvin & Mahendhiran Nair & Sara E. Bennett & John H. Hall, 2019. "The information revolution, innovation diffusion and economic growth: an examination of causal links in European countries," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(3), pages 1529-1563, May.
    3. Elena Deryugina & Natalia Karlova & Alexey Ponomarenko & Anna Tsvetkova, 2019. "The role of regional and sectoral factors in Russian inflation developments," Economic Change and Restructuring, Springer, vol. 52(4), pages 453-474, November.
    4. Rudra P. Pradhan & Rana P. Maradana & Danish B. Zaki & Saurav Dash & Manju Jayakumar & Kunal Gaurav, 2017. "Venture Capital and Innovation: Evidence from European Economic Area Countries," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(06), pages 1-30, December.
    5. M. A. Kaneva & G. A. Untura, 2018. "Interrelation of R&D, Knowledge Spillovers, and Dynamics of the Economic Growth of Russian Regions," Regional Research of Russia, Springer, vol. 8(1), pages 84-91, January.
    6. Galina Afanasyevna Untura, 2019. "Estimation of Human Capital Influence on Economic Growth in Russian Regions under Conditions of Financial Shortage," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 107-131.

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    More about this item

    Keywords

    Regions; Innovative development; Economic growth; Institutional capacity; The Russian federation;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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