IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2014i1p147-155.html
   My bibliography  Save this article

Empirical analysis of the relationship of investment and innovative activity of regions of Russia

Author

Listed:
  • Igor Bayev
  • Irina Solovyeva

Abstract

The article is devoted to the study of the relationship of innovation and investment activity of Russian regions. On the basis of the statistical data, the system of indicators and designed complex indices of innovation and investment activity of regions are proved. The level of investment and innovative activity of regions in the last four years are analyzed, the basic tendencies and structural changes are revealed. The dependence between innovation and investment activity of regions is investigated. Based on the analysis, the map of the region’s position demonstrating the high level of differentiation of Russian regions in terms of both investment and innovation activity is developed. Also, the authors proposed a matrix distributing regions into four groups depending on the correlation between a level of innovation and investment activity, and recommendations on the selection of priority directions of economic policy for the subjects of the Russian Federation taking into account their current position are developed. The research results have practical significance and can be used to improve existing regional economic development programs for both individual regions and the country as a whole.

Suggested Citation

  • Igor Bayev & Irina Solovyeva, 2014. "Empirical analysis of the relationship of investment and innovative activity of regions of Russia," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 147-155.
    • Handle: RePEc:ura:ecregj:v:1:y:2014:i:1:p:147-155
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2014/March_2014/ERMarch2014_147_155.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Teplykh, Grigorii & Galimardanov, Amal, 2017. "Modeling of innovative investment in Russian regions," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 46, pages 104-125.

    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:ura:ecregj:v:1:y:2014:i:1:p:147-155. 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: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    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.