National Interests: Priorities and Security

Regulating the security of the Russian innovation and investment

Vol. 14, Iss. 9, SEPTEMBER 2018

Received: 19 October 2017

Received in revised form: 23 March 2018

Accepted: 4 June 2018

Available online: 14 September 2018


JEL Classification: E22, E42, G1, G11, H56

Pages: 1693–1730

Shevchenko I.V. Kuban State University (KubSU), Krasnodar, Krasnodar Krai, Russian Federation

ORCID id: not available

Korobeinikova M.S. Kuban State University (KubSU), Krasnodar, Krasnodar Krai, Russian Federation

ORCID id: not available

Importance The global economy is seeing an increasing role of innovation based on electronic and digital technologies. It is reasonable to build a system for protecting the Russian and foreign investment, which would involve not only IT tools, but also rely on the legitimacy of brand new operating systems.
Objectives The research analyzes conservative, contemporary and spontaneous methods for managing investment in the Russian and foreign financial and stock markets. We illustrate our suggestions on capabilities and priorities of innovative and investment security to lure investment into the Russian economy and ensure its stable development.
Methods The research is based on methods of analysis and expert assessment.
Results The system for investment protection is showed to mitigate risks, increase the return on investment, make the Russian regions more lucrative for domestic and foreign investors. The article sets out innovative, technological, institutional and legislative measures.
Conclusions and Relevance The proposed measures will protect investment from risky projects, unreasonable losses, ineffective spending. They will also allow to quickly correct errors, regulate the placement of the Russian stocks in global stock markets, create additional stock markets, separate global and national financial systems legislatively, thus inducing the development.

Keywords: e-money, securities, digital technology, investment security regulation, investment protection program


  1. Medvedev D.A. [A new reality: Russia and global challenges]. Voprosy Ekonomiki, 2015, no. 10, pp. 5–29. URL: (In Russ.)
  2. Aleksandrova E.N., Tlisheva S.M. [External and internal threats to economic security and attracting foreign direct investment]. Ekonomika: teoriya i praktika = Economics: Theory Practice, 2017, no. 2, pp. 84–88. (In Russ.)
  3. Vashchenko I.Yu. [Legal regulation of American Depositary Receipts]. Vestnik Volzhskogo universiteta im. V.N. Tatishcheva = Vestnik of Volzhsky University after V.N. Tatishchev, 2017, vol. 2, no. 1, pp. 97–103. URL: (In Russ.)
  4. Shevchenko K.I., Makyan A.S. [Contemporary threats to financial security of Russia: Cooperation issues]. Ekonomika: teoriya i praktika = Economy: Theory Practice, 2017, no. 2, pp. 89–93. (In Russ.)
  5. Moiseev V.V. [Favorable investment climate is a priority task of regional authorities]. Srednerusskii vestnik obshchestvennykh nauk = Herald of Middle Russia's Social Sciences, 2012, no. 2, pp. 199–1207. URL: (In Russ.)
  6. Aleksakhina V.G., Ignatova O.V. [Foreign investment: trends and perspectives]. Voprosy regional'noi ekonomiki = Problems of Regional Economy, 2015, vol. 25, no. 4, pp. 75–80. (In Russ.)
  7. Chulok A.A. [Forecast of S&T development prospects of the key economy sectors in Russia: Future tasks]. Forsait = Foresight and STI Governance, 2009, vol. 3, no. 3, pp. 30–36. URL: (In Russ.)
  8. Shevchenko I.V., Korobeinikova M.S. ['The national center for financial replenishment of the State' is a new prospect to stabilize the Russian economy: theory and practice]. Ekonomika: teoriya i praktika = Economy: Theory Practice, 2017, no. 1, pp. 31–41. (In Russ.)
  9. Zakorzhevskii V.V. [Cryptocurrency – review, principle of operation, current use, legal regulation]. Global'nye rynki i finansovyi inzhiniring = Global Markets and Financial Engineering, 2016, vol. 3, no. 4, pp. 281–294. (In Russ.)
  10. Sidorenko E.L. [World exchange trade and Russian exchange market today]. Izvestiya Yugo-Zapadnogo gosudarstvennogo universiteta = Proceedings of Southwest State University, 2017, no. 2, pp. 176–182. (In Russ.)
  11. Drobyshevskaya L.N., Isaeva L.A. [Developing syndicated investment in Russia: The role of crowd technology]. Ekonomika ustoichivogo razvitiya = Economics of Sustainable Development, 2016, no. 4, pp. 25–31. (In Russ.)
  12. Kizim A.A. [Crowdfunding in the Russian economy: Issues and prospects]. Ekonomika: teoriya i praktika = Economy: Theory Practice, 2017, no. 2, pp. 62–69. (In Russ.)
  13. Nikitina S.P. [World exchange trade and Russian exchange market today]. Uchenye zapiski mezhdunarodnogo bankovskogo instituta = Scientific Proceedings of International Banking Institute, 2016, no. 16, pp. 55–62. (In Russ.)

View all articles of issue


ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

Journal current issue

Vol. 14, Iss. 9
September 2018