ASSESSMENT OF INNOVATIVE POTENTIAL AS A CRITERION FOR EVOLUTION OF THE MESOECONOMIC SYSTEM

Olga Myzrova (), Larisa Serdyukova () and Elena Labaznova ()
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Olga Myzrova: D.Sc. in Economics, Professor; Department of Economic Security and Innovation Development, Yuri Gagarin State Technical University of Saratov, Saratov, Russia
Larisa Serdyukova: D.Sc. in Economics, Professor; Department of Economic Security and Innovation Development, Yuri Gagarin State Technical University of Saratov, Saratov, Russia
Elena Labaznova: Ph.D. in Economics, Associate Professor; Director of Institute of Social and Production Management, Yuri Gagarin State Technical University of Saratov, Saratov, Russia

Regional Science Inquiry, 2020, vol. XII, issue 1, 155-169

Abstract: Under current conditions of economic development a constant and timely research into the ongoing internal and external changes, affecting the accumulation of innovative potential, as well as degree of its utilization, will speed up the processes connected with upgrading competitive advantages and economic growth rate. The aim of the work is offer methodological tools employed to estimate the innovative potential of the mesoeconomic system as a criterion which ensures development in a given direction. The results of research proved that the ability and determination to develop innovative activity is determined by the accumulated aggregate potential of the mesoeconomic system as a whole, which can be estimated across the sections including infrastructure and legal regulations, innovation and production, education and research, as well as finance and investment. The results of research were tested based on the analysis of innovation potential of Saratov region as a mesoeconomic system.

Keywords: Innovation potential; infrastructure and law; production and innovation; scientific and educational; investment and finance (search for similar items in EconPapers)
JEL-codes: O10 O52 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)

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