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Проблема Формирования Национальной Инновационной Системы
[The Problem of Creating a National Innovation System]

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Abstract

Different approaches to the formation of a National Innovation System (NIS) are discussed. In Russia, the current attempts of creating NIS resemble "shock therapy" whereas an interim institution strategy could be more fruitful. At the initial stage, such a strategy has to provide creation of mechanisms to raise country absorptive capacity. Institutions of truly innovative development have to be introduced gradually while a country approaches world technology frontier. Factors that influence absorptive capacity are considered. We analyze mechanisms and specific features of economic policies stimulating modernization. It is shown that a system of indicative (interactive) planning is necessary to implement these policies. A methodology of measuring absorptive and innovative capacities is outlined. The suggested theory is supported by experience of "economic miracle" countries. This experience also demonstrates that banking system and large corporations play decisive role at the imitation stage. However, the role of small and medium size firms and financial markets increases as a country transits to the innovation stage of development.

Suggested Citation

  • Polterovich, Victor, 2009. "Проблема Формирования Национальной Инновационной Системы
    [The Problem of Creating a National Innovation System]
    ," MPRA Paper 22043, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:22043
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    File URL: https://mpra.ub.uni-muenchen.de/22043/1/MPRA_paper_22043.pdf
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    References listed on IDEAS

    as
    1. Deidda, Luca & Fattouh, Bassam, 2008. "Banks, financial markets and growth," Journal of Financial Intermediation, Elsevier, vol. 17(1), pages 6-36, January.
    2. Daron Acemoglu & Philippe Aghion & Fabrizio Zilibotti, 2003. "Vertical Integration and Distance to Frontier," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 630-638, 04/05.
    3. Chakraborty, Shankha & Ray, Tridip, 2006. "Bank-based versus market-based financial systems: A growth-theoretic analysis," Journal of Monetary Economics, Elsevier, vol. 53(2), pages 329-350, March.
    4. Daron Acemoglu & Philippe Aghion & Fabrizio Zilibotti, 2006. "Distance to Frontier, Selection, and Economic Growth," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 37-74, March.
    5. William F. Maloney & Daniel Lederman, 2004. "R&D and Development," Econometric Society 2004 Latin American Meetings 216, Econometric Society.
    6. Polterovich, Victor & Tonis, Alexander, 2005. "Innovation and Imitation at Various Stages of Development: A Model with Capital," MPRA Paper 20067, University Library of Munich, Germany.
    7. Michele Cincera & Bruno Van Pottelsberghe, 2001. "International R&D spillovers: a survey," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 169(169), pages 3-31.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    innovations; economic development; modernization; Russia;

    JEL classification:

    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General

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