2021 (18), №2

Theoretical Framework for the Study of Regional Innovative Development: Current State and Future Prospects

DOI:

https://doi.org/10.31063/2073-6517/2021.18-2.1

For citation: 

Golova, I. M. (2021). Theoretical Framework for the Study of Regional Innovative Development: Current State and Future Prospects. Zhurnal Economicheskoj Teorii [Russian Journal of Economic Theory], 18(2), 161-184. https://doi.org/10.31063/2073-6517/2021.18-2.1

Abstract:

The article traces the evolution of the theory of innovative development and shows how it has turned into a metatheory covering a whole complex of socio-economic innovations of the 20th and 21st centuries and the contradictory processes of society’s transition to the innovative development paradigm. The study sheds light on the most distinctive features of innovative development and highlights the role of the innovation ecosystem as one of the most important institutions of socio-economic development. It also considers the patterns of innovative ecosystems’ development as well as the qualitative changes in this socio-economic phenomenon brought about by globalization and the digital turn. A particular focus is made on the methodological approach to the choice of strategies of innovative ecosystem construction in various Russian regions. The key role of the state innovation policy in the implementation of innovative transformations of society is revealed. It is shown that the innovative type of development is the only viable option left for Russia to ensure stable socio-economic growth. This view is confirmed by the contemporary research literature reviewed in the article.

Irina M. Golova — Doctor of Economics, Head of Social Innovation Sector, Institute of Economics of the Ural Branch of RAS (Ekaterinburg, Russian Federation; e-mail: irina_golova@mail.ru).