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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

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

    as
    1. Andres Rodriguez-Pose & Riccardo regstdcenzi, 2008. "Research and Development, Spillovers, Innovation Systems, and the Genesis of Regional Growth in Europe," Regional Studies, Taylor & Francis Journals, vol. 42(1), pages 51-67.
    2. Riccardo Crescenzi & Andrés Rodriguez-Pose & Michael Storper, 2007. "The territorial dynamics of innovation: a Europe-United States comparative analysis," Journal of Economic Geography, Oxford University Press, vol. 7(6), pages 673-709, November.
    3. Amnon Frenkel, 2000. "Can regional policy affect firms' innovation potential in lagging regions?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 34(3), pages 315-341.
    4. W. Rupert Maclaurin, 1953. "The Sequence from Invention to Innovation and Its Relation to Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 67(1), pages 97-111.
    5. Riccardo Crescenzi, 2005. "Innovation and Regional Growth in the Enlarged Europe: The Role of Local Innovative Capabilities, Peripherality, and Education," Growth and Change, Wiley Blackwell, vol. 36(4), pages 471-507.
    6. Ichiro Iwasaki & Keiko Suganuma, 2015. "Foreign direct investment and regional economic development in Russia: an econometric assessment," Economic Change and Restructuring, Springer, vol. 48(3), pages 209-255, November.
    7. Andrés Rodríguez-Pose & Edna M. Villarreal Peralta, 2015. "Innovation and Regional Growth in Mexico: 2000–2010," Growth and Change, Wiley Blackwell, vol. 46(2), pages 172-195, June.
    8. Nelson, Richard R., 2008. "What enables rapid economic progress: What are the needed institutions," Research Policy, Elsevier, vol. 37(1), pages 1-11, February.
    9. Bettina Becker & Stephen Hall, 2013. "Do R&D strategies in high-tech sectors differ from those in low-tech sectors? An alternative approach to testing the pooling assumption," Economic Change and Restructuring, Springer, vol. 46(2), pages 183-202, May.
    10. Slavo Radosevic, 2011. "Science-industry links in Central and Eastern Europe and the Commonwealth of Independent States: conventional policy wisdom facing reality," Science and Public Policy, Oxford University Press, vol. 38(5), pages 365-378, June.
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    Cited by:

    1. repec:wsi:ijitmx:v:14:y:2017:i:06:n:s0219877017500316 is not listed on IDEAS
    2. repec:ris:apltrx:0320 is not listed on IDEAS
    3. Elena Deryugina & Natalia Karlova & Alexey Ponomarenko & Anna Tsvetkova, 2018. "The role of regional and sectoral factors in Russian inflation developments," Bank of Russia Working Paper Series wps36, Bank of Russia.

    More about this item

    Keywords

    Regions; Innovative development; Economic growth; Institutional capacity; The Russian federation;

    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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