INNOVATIVE DEVELOPMENT OF RUSSIAN REGIONS’ ECONOMY IN PRESENT-DAY CONDITIONS: THE INSTITUTIONAL ASPECT
The paper explains the notion of “institutional environment” as well as the role of institutional environment in the process of formation and functioning of the regional innovative system. The author justifies the necessity of improving state mechanism of regulating economy by the authorities of th...
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| Format: | Article |
| Language: | English |
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Kemerovo State University
2014-11-01
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| Series: | Вестник Кемеровского государственного университета |
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| Online Access: | https://vestnik.kemsu.ru/jour/article/view/1163 |
| Summary: | The paper explains the notion of “institutional environment” as well as the role of institutional environment in the process of formation and functioning of the regional innovative system. The author justifies the necessity of improving state mechanism of regulating economy by the authorities of the Russian Federation subjects aiming at sustainable development and overall innovative development. The paper lays special emphasis on formation of effective rules and regulations for innovative development of the region as an important component of institutional environment for creating and maintaining the work of subjects of innovative activity. |
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| ISSN: | 2078-8975 2078-8983 |