Factors Affecting the Innovative Development of the Region

Introduction. The problems of determining the composition of the factors influencing the innovative development of the region, the methodologies for measuring this influence and the development of tools for its evaluation are relevant in the context of developing potential mechanisms for stimulating regional innovation activity in modern conditions. Theoretical analysis. To study the sources of the difference in the level of innovative development in the region, an analysis of the regional factors affecting it is carried out and the directions for studying these factors are determined. Empirical analysis. The mechanism of influence of regional factors on the innovative development of the region, such as R&D staff, the industrial specifics of the region, urbanization, the sectoral structure of the economy, the structure and quality of human capital, research institutes, financial resources, the attractiveness of the region in terms of a set of living conditions business, as well as the interaction of the actors of the innovation system, the “innovation environment” and partnerships. Results. Evaluation of the effectiveness of innovative development requires the development of special indicators and indicators, a system of quantitative and qualitative indicators that characterize innovation development, and the approaches presented to the selection of factors of influence on the innovative development of the region can be used as a basis for further analysis and development of models for assessing the effectiveness of regional innovation development.


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