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About the Creating of the Innovative-Investment Rating of Russian Regions

Author

Listed:
  • Boris Leonidovich Lavrovsky

    (Institute of Economics and Industrial Engineering SB RAS)

  • Rodion Sergeevich Luzin

    (Novosibirsk State Technical University)

Abstract

The authors represent the new approach to compare countries and regions by the level of technological development. This approach integrates the existing methods of ratings’ calculation and allows solving a more general problem than in terms of investment and innovative rating separately. At the same time technological progress is viewed primarily through the prism of the «quality» of investments. The main idea of the approach is that the region, providing a minimum investment per unit of effect, associated with the growth of labour productivity becomes a leader of the innovativeinvestment rating. The authors suggest that the smaller investment costs are; the more sophisticated technologies are (that embodied in the investments), the greater their advantage is and the higher the innovative-investment score is. The smaller the investment is to achieve the ranking equal with other regions; the higher the technological development level of the region is

Suggested Citation

  • Boris Leonidovich Lavrovsky & Rodion Sergeevich Luzin, 2013. "About the Creating of the Innovative-Investment Rating of Russian Regions," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 2, pages 87-102.
  • Handle: RePEc:far:spaeco:y:2013:i:2:p:87-102
    DOI: 10.14530/se.2013.2.087-102
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