Prospects for the development of the regional economic system in the conditions of innovative economy

The article provides a detailed analysis of the concept of expantegration mechanisms as a comprehensive tool aimed at ensuring balanced and sustainable development of the national economy in the context of global competition and technological transformation. The effectiveness of this system is substantiated in enhancing the competitiveness of domestic products and services in both domestic and international markets. Special attention is given to the priority development of high-tech industries and the active implementation of a science and technology development strategy, viewed as the foundation for modernizing the production sector and shaping an innovation-oriented economic model. The analysis highlights the crucial role of the state as a catalyst for structural economic transformation, the strengthening of integration processes, and the institutional and financial support of the national innovation system. Promising directions for technological renewal are examined, including the development of creative industries, large-scale digitalization, deepening of service sector transformation (servitization), and the industrialization of services, all of which collectively contribute to the transition towards a knowledge-based economy. The authors present various scenarios for the Russian Federation’s innovation-driven development, taking into account internal and external factors as well as technological and institutional challenges. The most preferable scenario is identified as the one emphasizing the stimulation of research and development activities, support for startups and innovation clusters, and the strengthening of collaboration between the scientific community, business, and the state. The article concludes that a comprehensive and systemic approach is essential for the development of hightech industries and the establishment of a sustainable model of economic growth based on intersectoral cooperation, technology transfer, and effective innovation management.

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