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Funding Innovation at Enterprises of the Manufacturing Industry in St. Petersburg

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  • A. A. Rumyantsev

    (Institute of Regional Economic Problems, Russian Academy of Sciences)

Abstract

This article analyzes the state of funding innovation at enterprises of St. Petersburg by groups of enterprises of different technological levels. Factors affecting the formation of the funding sources are studied: industry attribution and production profitability. The influence of the form of the business and the scale of an enterprise is evaluated. The role of the innovation funding sources is shown: federal budget funds, internal funds, loans and credits. Areas of development for funding highly innovative enterprises of the city are suggested.

Suggested Citation

  • A. A. Rumyantsev, 2019. "Funding Innovation at Enterprises of the Manufacturing Industry in St. Petersburg," Studies on Russian Economic Development, Springer, vol. 30(5), pages 540-546, September.
    • Handle: RePEc:spr:sorede:v:30:y:2019:i:5:d:10.1134_s1075700719050125
    DOI: 10.1134/S1075700719050125
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    References listed on IDEAS

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    1. Stanislav Zaichenko & Tatiana Kuznetsova & Vitaliy Roud, 2014. "Features of Interaction Between Russian Enterprises and Research Organisations in the Field of Innovation," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 8(1), pages 6-22.
    2. Rajagopal, 2014. "Organizations and Innovation," Palgrave Macmillan Books, in: Architecting Enterprise, chapter 3, pages 58-86, Palgrave Macmillan.
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