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Selecting Top-Priority Tools of Financial Incentives and Support for Organization’s Innovative Activities at the Regional Level (by the Example of Volgograd Oblast, Russia)

Irina D. Anikina (), Albina V. Gukova (), Anastasiya A. Golodova () and Anna A. Chekalkina ()
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Irina D. Anikina: Volgograd State University
Albina V. Gukova: Volgograd State University
Anastasiya A. Golodova: Volgograd State University
Anna A. Chekalkina: Volgograd State University

A chapter in Russia and the European Union, 2017, pp 475-482 from Springer

Abstract: Abstract The paper clarifies the classification of financial instruments of stimulation of organizations’ innovative activities at the regional level and specifies the techniques of assessing the financial and investment potential of the region to reveal the sources of domestic financial resources for organizations’ innovative activities. The methodology of assessing regional innovation potential has been adjusted to determine the feasibility of financial support for innovative activities of organizations at the regional level. The methodology of selecting top-priority tools of financial support for innovation of organizations has been developed on the basis of assessing the financial, investment, and innovative potential of the region. The paper provides recommendations for selecting and applying the instruments of financial support of organizations’ innovative activities in Volgograd Oblast based on the developed prioritization methodology.

Keywords: Incentives instruments; Support instruments; Innovative activities; Volgograd Oblast; South federal district; Regional economy; Prioritization; Financial and investment potential; Innovation potential (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-55257-6_61

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DOI: 10.1007/978-3-319-55257-6_61

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