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Development of Innovative Component for the Region’s Economic Security

Author

Listed:
  • Irina Golova
  • Alla Sukhovey

    (Institute Economy Ural Department RAC, Sector of Social Innovations)

Abstract

This article studies the development of innovative component for the region’s economic security. The hypothesis of the study is that in the context of globalization and development of network society, innovation is becoming one of the key elements ensuring the economic security of a region. We considered the relationship between the concepts of sustainable development and economic security. The authors show that currently, the economic security of the country directly depends on its place within the innovation chain. We substantiate that Russian Federation and its regions need to shift to the innovation development based on strengthening its own sources for long-term growth. The paper considers the basic theoretical and methodological problems in the formation of innovation component of the Russian regions’ economic security. We reveal the major essence and elements of the innovative component of the sustainable economic development of the region. The authors show that the formation of the innovative component of the region’s economic security demands the correlation of the strategy of regional innovation development and the production and technological type of territory. Additionally, this strategy should correlate with the desirable ways of production type transformation in the future, considering the trends of the world economy. We have highlighted the production and technological types of Russian regions as well as identified the features of relevant regional components for the innovation system of the Russian Federation to ensure sustainable development. The study defines the priority directions and goals for the development of economic security innovative component in the Russian regions. The authors’ calculations allowed to select a group of territorial subjects of the Russian Federation, which appear to be the most promising for the development of innovative activities for the elaboration of export-oriented high-tech industries. The results of this research can be used to improve the management of innovation activity and ensure the economic security of the Russian regions.

Suggested Citation

  • Irina Golova & Alla Sukhovey, 2017. "Development of Innovative Component for the Region’s Economic Security," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1251-1263.
    • Handle: RePEc:ura:ecregj:v:1:y:2017:i:4:p:1251-1263
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    References listed on IDEAS

    as
    1. Inozemtsev, M., 2015. "Seven Domestic Political Constraints of Russian Modernization," Journal of the New Economic Association, New Economic Association, vol. 28(4), pages 189-194.
    2. E. B. Lenchuk, 2016. "Course on new industrialization: A global trend of economic development," Studies on Russian Economic Development, Springer, vol. 27(3), pages 332-340, May.
    3. Golova, I. M. & Sukhovey, A. F. & Nikulina, N. L., 2017. "Problems in increasing innovative sustainability of regional development," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 3(1), pages 59-67.
    4. M. S. Gusev, 2016. "Import substitution as a strategy of economic development," Studies on Russian Economic Development, Springer, vol. 27(2), pages 138-147, March.
    5. Irina Golova & Alla Sukhovey & Natalya Nikulina, 2017. "Problems of Increasing the Regional Development Innovative Sustainability," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 308-318.
    6. Alla Sukhovey & Irina Golova, 2016. "Substantiation of the Transformation of the Priorities of Innovation and Technological Development of Russian Regions in the Global Crisis," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 911-923.
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