Institutional aspects of Russia’s innovative development in modern conditions

The relevance of the research topic is determined by the fact that one of the key issues of the Russian economy development has become overcoming destructive trends in the innovation sphere related to both internal and external factors. Internal factors include the consistently low level of innovative development of the national economy as a whole and of the individual regions. The main external deterrent was the sanctions restrictions that prevent the arrival of new technologies in Russia. Further innovative growth can only be achieved by creating a favorable innovation environment through a system of norms and rules that encourage innovators to develop technologies within the framework of the import substitution program and ensure technological sovereignty. The approaches to understanding the impact of institutional factors on the national innovation system state have been studied. For a detailed understanding of the mechanisms of the institutional environment’s impact on the processes of implementing innovative technologies into the Russian manufacturing sector, an analysis of key institutional characteristics contributing to innovative development has been carried out. The conditions and results of innovation activity in modern conditions have been studied, which is a particularly urgent task within the framework of the achieving technological sovereignty policy.

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