Methods of enhancing innovative activities of enterprises in regional economic system

Abstract

The issues and the search for ways to enhance the innovative development of Russia have been analyzed. Despite the proclaimed national priority and systematic efforts of the state, since the mid-2000s, the country’s innovation sector has been in a state of stagnation. This is confirmed by the negative dynamics of key indicators: the share of organizations implementing innovations and the share of innovative goods and services. The key issue is the constant decline in the innovation process effectiveness, measured as the ratio of the innovative products output volume to their costs. Despite the external stability in nominal values, considering inflation, this indicator shows a steady negative trend, which reduces the economic attractiveness of innovations for businesses. As a solution, a set of state support measures has been proposed, dividing them into four groups: economic, organizational and structural, regulatory, and informational. It has been concluded that in the current Russian conditions, direct economic methods (budget financing, subsidies, and benefits) are the most effective, but the development of cluster associations modeled on international experience (in particular, China), as well as the patent system improvement and legal protection of intellectual property to stimulate innovation activity at the regional level and among small businesses have been recognized as promising areas.