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Selecting Top-Priority Tools of Financial Incentives and Support for Organization’s Innovative Activities at the Regional Level (by the Example of Volgograd Oblast, Russia)

In: Russia and the European Union

Author

Listed:
  • Irina D. Anikina

    (Volgograd State University)

  • Albina V. Gukova

    (Volgograd State University)

  • Anastasiya A. Golodova

    (Volgograd State University)

  • Anna A. Chekalkina

    (Volgograd State University)

Abstract

The paper clarifies the classification of financial instruments of stimulation of organizations’ innovative activities at the regional level and specifies the techniques of assessing the financial and investment potential of the region to reveal the sources of domestic financial resources for organizations’ innovative activities. The methodology of assessing regional innovation potential has been adjusted to determine the feasibility of financial support for innovative activities of organizations at the regional level. The methodology of selecting top-priority tools of financial support for innovation of organizations has been developed on the basis of assessing the financial, investment, and innovative potential of the region. The paper provides recommendations for selecting and applying the instruments of financial support of organizations’ innovative activities in Volgograd Oblast based on the developed prioritization methodology.

Suggested Citation

  • Irina D. Anikina & Albina V. Gukova & Anastasiya A. Golodova & Anna A. Chekalkina, 2017. "Selecting Top-Priority Tools of Financial Incentives and Support for Organization’s Innovative Activities at the Regional Level (by the Example of Volgograd Oblast, Russia)," Contributions to Economics, in: Elena G. Popkova (ed.), Russia and the European Union, pages 475-482, Springer.
  • Handle: RePEc:spr:conchp:978-3-319-55257-6_61
    DOI: 10.1007/978-3-319-55257-6_61
    as

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