The Analysis of Foreign Experience of Innovative Systems Regional

The article discusses the experience of foreign
countries in the formation and development of innovative systems at
the regional level, as well as the possibility of using it in the Russian
economy. Goals and objectives. Development of regional innovation
system is considered as an important task and a mandatory part of the
financial and political activities of federal and regional authorities. The
main reason of establishing a regional innovative system is to unite the
efforts of municipal authorities, scientific and technical organizations,
the education sector and the business section of the economy in the
interests of rapid application of science and technology in order to
implement the strategic directions of the formation of a certain territory
(region) and the reaching the path of innovative lifting by the
economy. Empirical analysis. Analyzes the experience of several
foreign countries in the formation of regional innovation systems,
taking into account the economic characteristics of the countries in
question. Scientific parks, incubators, and other similar structures are
the necessary part of innovation system in the developed countries of
the world. Conclusions. For innovative improvement of regions in
Russia we need to ensure conditions for the development of progressive
technological structure and the attractiveness of innovative space
of regions by forming innovative infrastructure; expansion of staffing
system of innovation; involvement in the economic and civil turnover
of intellectual property and results of intellectual development.

nfluence of Level of the Income of the Population on Development of the Manpower of the Region

Important indicators of level of living of the population
of the region is the income. Relevance of research is caused by
that now unevenness of income distribution of the population of the
region is great. Methods. In this research-level approach, and also
methods of comparison, the analysis, generalization and systematization
of data were used. Theoretical analysis and discussion of
results. In article income analysis of the population is carried out,
differentiation of the income of the population by types of economic
activity, national groups is characterized, comparison of the actual and
planned measure values of social policy of the region is performed,
influence of level of the income on development of a manpower of the
region is revealed. Conclusion. So, the income of the population
is higher, the level of living of a manpower is higher. As now the big
share of the population with the high and average level of the income
has opportunity to provide the development so far as there will be an
improvement of economic and social situation of the region.

Creation of the Estimated Control System Innovative and Investment Projects on the Basis of Imitating Modelling

Transformational changes taking place in the global
economy, demand better management of investment processes in
the enterprise, advance planning of possible changes in the internal
and external environment and timely adaptation to changing conditions
in accordance with the objectives of the enterprise. Relevance
of the problem considered in article is explained by it. Instruments
of research. Appraisal of the project progresses, usually carried
out under conditions of uncertainty, known or implicit dependencies
integrated indicators on the parameters influencing factors. Indicators
of integral evaluation of the project can be calculated from the use of
IP-deterministic approach, using of functional dependencies. Results.
Using a simulation model allows the assessment of the promotion of the
project and to efficiently manage this process. Testing of the simulation
model evaluation system implementation of innovation and investment
projects carried out on the basis of the draft 101-apartment house in
the town of Saratov. The advantage of this model is the ability to control
its use and regulators of promotion of the project. Use of imitating
model allows to make an assessment of the course of promotion of
the project and quickly to operate this process. Ensuring compromise
simplify the presentation of complex processes and adequate display of
economic phenomena is possible by the development of a simulation
model that uses heuristic techniques allow to design an evaluation
mechanism to analyze and optimize the management of innovation
and investment projects in housing construction.

Theory and Practice of Development of Internet Insurance

Preservation of stability of the insurance companies,
especially in times of crisis and economic instability, requires the
development of new sales channels of insurance products. The

article examines the issues of formation and development of this
relatively new type of insurance for Russia as Internet insurance.
Theoretical analysis. Analyzed its advantages, challenges,
market mechanism. Discussed the organization of Internet representation
of the insurance company, the stages of Internet
security, introduction of CRM. Results. The author concludes
that the prospects of the development of this type of insurance in
Russia. In the context of increasing the capacity of the insurance
market needs to develop measures to promote co-insurance and
reinsurance in the Internet. Should encourage the development of
institutions of insurance and reinsurance by creating specialized
insurance associations, increasing the participation of Russian
insurers in international systems of reinsurance and coinsurance
contracts, the formation of guarantee funds and the use of other
cost-effective measures aimed at improving the capacity of national
operators of the market of Internet security.

Moral Component of Economic Consciousness and its Role in New Industrialization of Russia

The maintenance of national security and the
implementation of a strategic course for innovative development in
conditions of economic sanctions by the Western countries and the
need to raise the issue of new industrialization of import substitution
(reindustializacii). Implementation of the strategy requires action on
the reindustrialization of the financial resources of the innovation
process, affecting the economic interests of the subjects, moral
norms and the principles of economic consciousness. Methods.
The study uses treatment of concepts in the scientific literature, the
dialectic of the General and specific, multidisciplinary and production
approaches. Theoretical analysis. The article examines the
role of ethical-moral component of economic consciousness in new
industrialization strategy. Emphasizes the importance of moral and
ethical values and attitudes of entrepreneurs in making decisions on
the use of the proceeds-or for the development and modernization
of production, or for personal enrichment and export capital abroad.

Results. The level of morality of real proprietors of the national wealth
in Russia, financial oligarchy allows you to use the power of the State
not to invest in innovation, and in their own interests through corruption,
lobbying, development and adoption of the State budget and
other economic and political decision-making. From the entrepreneurs
observed deformation of ethical principles and standards of conduct,
which is manifested in violations of labour standards. Approach to
addressing violations of morality must be a system, and legislative,
economic, and psychological and ideological measures.

Technopark – Critical Infrastructure of National Innovation System

Introduction. The idea of creation and development of technology parks in Russia is productive and timely because of its versatility. Technology parks – is an effective mechanism of formation and the generation of innovative enterprises. Theoretical analysis. Рarks, being the subjects of innovation infrastructure, create conditions favorable to the development of industrial enterprises of scientific and technical sphere only when the fitted experimental base and attract highly qualified personnel. The article discusses the features of the creation of technology parks in Russia, including university technology parks. Results. The author analyzes the experience and substantiate the direction of development of technology parks in Russia and Saratov region. Based on these studies identified the main stages in the development of technology parks at the meso level (for example, the Saratov region). The focus of the work is emphasized on the functional model of parks, which reveal their importance to the national innovation system. Conclusion. Technology parks are able to support innovators at all stages of the innovation process, thus they accumulate innovative potential of regions and form a national innovation system of the country.

Classification of Venture Funds

Introduction. Venture funds play a special role in venture investment as, unlike other investors in the market of venture investments, are created especially for implementation of venture investments. The aspiration of division of joint risks with the initiator of the project, the long period of investment, and also definition of the purposes and target reference points of the project at the initial stage is the cornerstone of their activity. So far the main tools and elements of infrastructure, investment of innovative activity, i.e. venture investment are formed, remains insufficiently developed in theoretical and practical aspect. In article classification of such financial instrument of venture invest- ment as venture fund is investigated. The purpose is the analysis classification of venture funds for various criteria. Theoretical analysis. For achievement of a goal the following problems are solved: carrying out classification of venture funds; the tipologization of organizational forms of implementation of venture investment in Russia is carried out; features of functioning of venture funds come to light. Classification of venture funds leans on a number of methods, among which: investment and financial analysis, strategic planning and forecasting. Results. Justification of classification and a tipologization of venture funds and allocation of features of their functioning in modern economy of Russia is result of the approach offered by authors.

Comparison of Accuracy between Different Methods of Forecasting the Term Structure of Interest Rates

Introduction. Forecasting the term structure of interest rates is considered to be the complex problem. The experience shows that just a few models from the proposed in science literature provide us with much better accuracy in forecasting than random walk. This paper is devoted to the comparison of forecasting results’ accuracy for the different specifications of econometric models using Russian data for 2004–2014 years. Models. We use the next econometric models for the forecasting: random walk, autoregressive model, factor model, Diebold-Li model. Results. Comparison on the Russian government bond market data for 2004–2014 years shows us that autoregressive models are better for the short-term rates’ forecasting, but the dynamic Diebold-Li model gives better accuracy for the mid-term and long-term rates’ forecasting.

The Inequality of Income Taxation for Nonresident Taxpayers

Introduction. The paper provides analyses the difference between income taxation system for resident and nonresident taxpayer, in particular the inequality deduction and exemption. Empirical analysis. The paper emphasizes the different qualification principles for nonresi- dent alien-taxpayer, the treaty benefits for different countries, and the standard deduction. It is a comparative investigation of tax regulations for nonresident aliens in EU countries, Canada, developing countries, and the United States, the experiences of differential income taxation of nonresident aliens in different countries. The objectives are the analyses of inequality of income tax system for resident and nonresident taxpayer, and different exemption, standard deduction. Results. The paper shows the positive and negative externalities of tax regula- tions for nonresident aliens and concludes that responses to tax rate, politic of government revenue, and treaty for different countries changes are far from fully understood and that there is much to be gained from continued research on this topic.

Universities Impact on Innovative Development of Regions: an Empirical Analysis

Introduction. In recent decades, questions the impact of universities on regional economic development and the search for the most effective mechanisms and instruments of cooperation of universities and regions attracts more and more attention from researchers and practitioners. Methodology of the study. In this article it was set the goal – to study the influence of Russian universities in the innovative development of the regions. To assess the impact of universities on the performance of innovative development of regions were used statistical data of Federal service of state statistics for 2010–2013. The factors characterizing the influence of the university, was chosen set of statistically observable on the financial performance of national research universities. To assess the level of innovation development of the region was used the method of integral rating analysis of innovative activity and knowledge production function model. Results. Analysis of the correlation of the analyzed regions of the Russian Federation shows significant differentiation parameters and dynamics influence the activities of national research universities in the innovative development of the region. By increasing the amount of funds they have received R & D contracts with businesses in relation to their total revenues to 1 million rubles, the level of innovation development of the region will increase by 4.8499 units, which indicates good prospects for the development of regions with the active collaboration of universities and business.