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Financial and economic mechanisms of promoting innovative activity in the context of the digital economy formation

Author

Listed:
  • Mikhail Yakovlevich Veselovsky

    (University of Technology, Russian Federation)

  • Tatiana Vitalievna Pogodina

    (Financial University under the Government of the Russian Federation, Russian Federation)

  • Raisa Vasilyevna Ilyukhina

    (Russian Technological University (MIREA), Russian Federation)

  • Tatyana Anatolyevna Sigunova

    (Russian Technological University (MIREA), Russian Federation)

  • Nina Fedorovna Kuzovleva

    (Russian Technological University (MIREA), Russian Federation)

Abstract

The paper analyzes some financial, tax, information, communication, infrastructural, technological and organizational mechanisms of innovative activity promotion in conditions of transition to a digital economy. End-to-end technologies including "Big Data", "New Production Technologies", "Quantum Technologies", "Technologies of Virtual and Augmented Realities", the possibilities of their application in various sectors of the national economy were singled out and analyzed. The role of end-to-end technologies in the development of the Russian economy and promotion of innovative activities of companies was studied. A comparative analysis of the main indicators of informatization of the society of Russia and some leading foreign countries for the period of 2005-2015 was carried out. The conclusions were made about an insufficient use of the Internet in Russia, primarily in rural areas, which hindered the social progress of Russian society. The leading role of digital (information) technologies in solving social problems, including education, social services and healthcare, was defined. The necessity of development of electronic services in the sphere of education and health was proved. Ways of cluster development based on the example of the Kaluga Region in the development of digital technologies were studied. The influence of development institutions on stimulating innovation activity in Russia was analyzed.

Suggested Citation

  • Mikhail Yakovlevich Veselovsky & Tatiana Vitalievna Pogodina & Raisa Vasilyevna Ilyukhina & Tatyana Anatolyevna Sigunova & Nina Fedorovna Kuzovleva, 2018. "Financial and economic mechanisms of promoting innovative activity in the context of the digital economy formation," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 672-681, March.
    • Handle: RePEc:ssi:jouesi:v:5:y:2018:i:3:p:672-681
    DOI: 10.9770/jesi.2018.5.3(19)
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    Citations

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    Cited by:

    1. Jianing Xu & Weidong Li, 2022. "The Impact of the Digital Economy on Innovation: New Evidence from Panel Threshold Model," Sustainability, MDPI, vol. 14(22), pages 1-19, November.
    2. Carlos Sanchis-Pedregosa & Emma Berenguer & Gema Albort-Morant & Jorge Anton Sanz, 2020. "Guaranteed Crowdlending Loans: A Tool for Entrepreneurial Finance Ecosystem Sustainability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(55), pages 775-775, August.
    3. Happiness Ozioma Obi-Anike & Ogohi Cross Daniel & Ifeoma Joanes Onodugo & Ikechukwu Joseph Attamah & Benedict Ogbemudia Imhanrenialena, 2023. "The Role of Financial Information Literacy in Strategic Decision-Making Effectiveness and Sustainable Performance among Agribusiness Entrepreneurs in Nigeria," Sustainability, MDPI, vol. 15(13), pages 1-17, July.
    4. Afriyadi Cahyadi & Róbert Magda, 2021. "Digital Leadership in the Economies of the G20 Countries: A Secondary Research," Economies, MDPI, vol. 9(1), pages 1-15, March.
    5. Radosław Miśkiewicz & Radosław Wolniak, 2020. "Practical Application of the Industry 4.0 Concept in a Steel Company," Sustainability, MDPI, vol. 12(14), pages 1-21, July.

    More about this item

    Keywords

    digital economy; financial and economic mechanisms; end-to-end technology; innovative activity; innovative territorial cluster;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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