IDEAS home Printed from https://ideas.repec.org/a/akt/journl/v11y2016i2p61-84.html
   My bibliography  Save this article

The Analysis of Development Institutions in Supporting Innovation Activityin the Regions and Municipalities of Russia

Author

Listed:
  • Irina Milkina

    (Russian Research Institute of Economics, Politics and Law in Science and Technology)

Abstract

One of the essential tasks of innovative development of Russia is promotion of innovative entrepreneurial activities, finding new and developing existing mechanisms to support innovative companies and organizations. The development institutions operating at Federal and regional level play at the present time a huge role in the support and development of innovative activity and are engaged in co-financing the most important innovative projects. The development institutions to stimulate private investment in priority sectors of the economy, create conditions for the formation of the infrastructure providing access of entrepreneurs operating in the priority areas, to necessary financial and information resources. The largest development institutions can be attributed of State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)”, RUSNANO, Russian venture company, the Skolkovo Foundation, the Industrial Development Foundation, the Fund of assistance to development of small forms of enterprises in scientific-technical sphere. They provide support through funding business projects, the provision of infrastructural support and co-financing R&D activities. The main areas of support institutions for the development of entrepreneurship projects are having a significant influence on the social and economic situation in regions of Russia, including the creation of jobs: projects aimed at creating new high-tech products, modernization and formation of competitive production on the basis of the best available technologies; the projects associated with the policy of import substitution, nanotechnology projects. Particular attention is also paid to the support and development of small innovative enterprises.This article presents an analysis of the most effective development institutions at the Federal level, which is accompanied by the results of their activities in the regions and municipalities of Russia in 2013–2014.

Suggested Citation

  • Irina Milkina, 2016. "The Analysis of Development Institutions in Supporting Innovation Activityin the Regions and Municipalities of Russia," Science Governance and Scientometrics Journal, Russian Research Institute of Economics, Politics and Law in Science and Technology (RIEPL), vol. 11(2), pages 61-84, April.
    • Handle: RePEc:akt:journl:v:11:y:2016:i:2:p:61-84
    as

    Download full text from publisher

    File URL: https://en.sie-journal.ru/assets/uploads/issues/2016/2(20)_04.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:akt:journl:v:11:y:2016:i:2:p:61-84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lubov Pudovkina (email available below). General contact details of provider: https://riep.ru/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.