| Summary: | In modern conditions of economic transformation, the task of innovative development of the economy of the Russian Federation is the use of advanced technologies in the development of high-tech industries. Russia’s entry into the top five world economies will be facilitated by its breakthrough into new areas of knowledge and technology, accelerating the processes of the country’s integration into the world economy. In the search for a solution to this problem, it is necessary to consider the latest trends in the development of the world economy, which are manifested in the context of globalization and the transformation of knowledge into a leading factor in economic growth. These trends include the formation and development of an innovative economy of a new type based on the transformation of the knowledge-intensive sector. As part of ensuring this ambitious goal, it is required to build a new innovative infrastructure that can integrate the interests of science, education, government and business, create high-tech industries and integrate into the knowledge-intensive sector, which, in turn, will ensure the accelerated innovative development of the economic system. A knowledge-based economy is a qualitatively new economic system in which production processes, organizational forms of enterprises and economic ties between them, the economic mechanism and property relations are largely transformed under the influence of technological factors. One of the strategic directions of Russia’s economic development is modern science, innovative education and a complex of high-tech industries. This study is based on the fact that in Russia there is a change in the nature of technological and innovative development, considering competitive advantages. In this regard, the most important task of the modern period of the formation of an innovative economy of a new type is the need to search for new drivers to realize the possibility of the country’s entry into the top five developed countries of the world by 2024. The relevance of this study is due to new approaches to innovative development in the context of the transformation of the knowledge-intensive sector, which is formed in partnership between the state and business.
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