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Technology-Innovative Special Economic Zones in Russia: Lessons from China

Author

Listed:
  • Valtteri Kaartemo

    (Turku School of Economics (Finland))

  • Kari Liuhto

    (Turku School of Economics (Finland))

Abstract

The article is devoted to the problems of Special Economic Zones (SEZs) in Russia. These zones are not special enough to result in a major foreign direct investment inflow, which is a prerequisite for economic modernisation.It is noted that the Russian innovation policy is concentrated on technological development; however, today some 60% of the country’s GDP is formed by services. Therefore, service-oriented innovations are expected to create economic impact. In this regard without the participation of the world’s leading innovating companies, innovation reform will remain a political exercise. The authors are confident that the mobilisation of the private sector’s R&D expenditure is key in modernising Russia’s natural resource-based economy. Note: Downloadable document is in Russian.

Suggested Citation

  • Valtteri Kaartemo & Kari Liuhto, 2010. "Technology-Innovative Special Economic Zones in Russia: Lessons from China," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 4(2), pages 18-24.
    • Handle: RePEc:hig:fsight:v:4:y:2010:i:2:p:18-24
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    File URL: http://foresight-journal.hse.ru/data/2011/07/26/1214936729/18-24.pdf
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    More about this item

    Keywords

    innovation development; special economic zones;

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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