GOVERNMENT SUPPORT OF INNOVATION AS A FUNCTION OF SOCIAL EXTERNALITIES
- Authors: Orlova I.V.1, Sukharev A.V.2, Sukhareva M.V.2
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Affiliations:
- The Russian Presidential Academy of National Economy and Public Administration (RANEPA)
- NPP «VakETO» LLC
- Issue: Vol 9, No 3 (2019)
- Pages: 16-19
- Section: Articles
- URL: https://journals.eco-vector.com/2223-0092/article/view/541126
- ID: 541126
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Abstract
The article focuses on the genesis of the term «innovation», its use in the contemporary context, and government policy on innovation in the Russian Federation. It provides an analysis of imperfections of the existing regulatory definition of innovation and the consequences of inaccuracies of such definition. The authors advise that government support of innovation be connected with the presence of externalities and the extent of their positive social impact.
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About the authors
Irina V. Orlova
The Russian Presidential Academy of National Economy and Public Administration (RANEPA)
Email: iksi02@rambler.ru. iv.orlova@igsu.ru
Doctor of Philosophy, Associate Professor, Professor foreign regional studies and international cooperation
Artem V. Sukharev
NPP «VakETO» LLC
Email: artem_sukharev@mail.ru
PhD in Technical Sciences, Deputy General Director
Maria V. Sukhareva
NPP «VakETO» LLC
Email: maria.sabotage@gmail.com
Brand Director
References
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