Problem of innovative development in the conditions of raw sector prevalence in economy

Grigoriy Popov

Perspectives of Innovation in Economics and Business (PIEB), 2009, vol. 2, issue 2, 14-17

Abstract: The author calls to consider the innovative development in connection with resource-related economic structure of national economy. It s proposed that resource-rich countries in general case lack innovative development capacity in compare with the countries which are dependent on imports of raw-materials. The paper argues that Russia has to change its development strategy shifting from labor-intensive and resource-based model.

Keywords: Innovative development; transitive economy; labour-intensive technologies (search for similar items in EconPapers)
JEL-codes: O5 P5 (search for similar items in EconPapers)
Date: 2009
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