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The Russian enterprise directors’ perceptions on the innovation activity of their company: A briefing of the empirical results

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  • Alexey Prazdnichnykh
  • Kari Liuhto

Abstract

The main objective of the article is to analyse the current state of the innovation activity among the Russian enterprises. The empirical evidence shows only 13% of the sample indicated that innovation is the first priority for the firm. We propose that the Russian Government designs innovation policies which takes into account the differences between the industries. Secondly, the Russian Government should promote international innovation cooperation by setting up technology trade agents in the most active countries in terms of innovation cooperation, such as Germany, the USA, and Finland. Thirdly, the CEOs of the Russian enterprises consider R&D funding as well as policy steps to increase R&D effectiveness, as those measures of innovation policy which should be of the highest priority for the Russian government.

Suggested Citation

  • Alexey Prazdnichnykh & Kari Liuhto, 2010. "The Russian enterprise directors’ perceptions on the innovation activity of their company: A briefing of the empirical results," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 15(4), pages 361-369.
  • Handle: RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2010_04_prazdnichnykh
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    Cited by:

    1. Smirnova, M.M. & Rebiazina, V.A., 2014. "Strategic orientations as a driver of innovations in Russian firms," Working Papers 6386, Graduate School of Management, St. Petersburg State University.

    More about this item

    Keywords

    innovation activity; Russia; strategy; innovation policies; Russian government;

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General

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