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The Influence of Innovation on Social and Economic Development of the Russian Regions

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Listed:
  • E.M. Akhmetshin
  • D.K. Dzhavatov
  • E.A. Sverdlikova
  • M.S. Sokolov
  • O.A. Avdeeva
  • G.P. Yavkin

Abstract

The article provides estimates of innovation parameters’ influence on social and economic development of regions measured as per capita gross regional product. The empirical part of the research comprises the regression model that demonstrates interrelations in a region-wide breakdown, considering the differentiation of innovation development level of regions grouped into homogenous clusters. The results provide evidence of two forces. One of these stands for the traditional academic and industrial science attributed with plan-fact indicators. The other, in its idea and contents, is fully matching with the R&D market concept since it exists and functions in a competitive environment, strives to self-financing and commercialization. Therefore, performance indicators and growth rates of this segment are far ahead the ones of the traditional science.

Suggested Citation

  • E.M. Akhmetshin & D.K. Dzhavatov & E.A. Sverdlikova & M.S. Sokolov & O.A. Avdeeva & G.P. Yavkin, 2018. "The Influence of Innovation on Social and Economic Development of the Russian Regions," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 767-776.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:special2:p:767-776
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    10. Andrey Paptsov & Vasiliy Nechaev & Pavel Valerievich Mikhailushkin, 2019. "Towards to a single innovation space in the agrarian sector of the member states of the Eurasian economic union: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 637-648, September.
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    13. A.N. Dunets & A.G. Muhamedieva & I.N. Sycheva & E.G. Perepechkina & I.B.Vakhrushev & A.V. Kulchytskiy, 2018. "Spatial Development of Tourism Based on the Structure Model of the Territorial Tourist Complex," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 200-210.
    14. I. N. Sycheva & O. Yu. Voronkova & T. M. Vorozheykina & G. R. Yusupova & A. N. Semenova, 2018. "Directions to Improve Economic Efficiency of Regional Production," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 50-61.
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    More about this item

    Keywords

    Region; territory; social and economic development; regional development; innovation activity; national innovation system; the new economy;
    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
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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