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The Innovation Constituent of Investment Process

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  • S. Naryshkin

Abstract

The article considers the main tasks of investment re-orientation of the Russian economy; the focus is made on the innovation character of investment process, including the strengthening role of state innovation abilities as an extra factor of foreign investment incentives. The financial and organizational aspects are stated which can help activate the Russian innovational development, and the growth of its contribution to the basic reconstruction of national economy is investigated. Special attention is paid to the importance of principal methods of state adjustment for innovation and investment processes in the Russian economy, taking into account the provision of distinct balance between interests of the federal center and regions. The definition of state investment policy is presented and the main tasks of the said policy are made clear. The significance of more active development and state support of venture financing is stressed which can allow attract investment resources to the field of innovation research.

Suggested Citation

  • S. Naryshkin, 2007. "The Innovation Constituent of Investment Process," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    • Handle: RePEc:nos:voprec:y:2007:id:1603
    DOI: 10.32609/0042-8736-2007-5-52-64
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