The Role of the Foreign Economic Factor in the Country’s Innovation Development

Andrey Makarov () and Alexander Pakhomov

Russian Economic Development, 2012, issue 11, 74-80

Abstract: At the present stage, the policy of a majority of developed states and dynamically developing countries is aimed at implementation of the innovation scenario of development through efficient utilization of the foreign economic factor. It is to be noted that the “quality” of foreign economic ties is a direct indicator of the general level of social and economic development of the state whose material base is R&D outputs and advanced technologies developed on their basis.

Keywords: Foreign; Economic; Factor (search for similar items in EconPapers)
JEL-codes: O10 O30 (search for similar items in EconPapers)
Date: 2012
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