Russia's Special Institutional Conditions for Inducing Innovative Activity

A. Skorobogatov

Voprosy Ekonomiki, 2009, issue 2

Abstract: The paper is dedicated to the analysis of interrelation between institutions and innovations considered as a result of performance of the society’s creative subsystem. The author pays much attention to the significance of the "Second Economic Revolution" (D. North) in construction of the institutional structure favoring innovations in the West as well as to its possible role in inducing the creative activity in Russia. The key conclusion of the paper is that market institutions are of secondary importance as an incentive for the creative work in the developed countries and all the more in Russia. An account of the institutions which played a major role in determining Russia’s creative potential throughout its history is proposed.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2009:id:842

DOI: 10.32609/0042-8736-2009-2-119-130

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