Regional Economics: Theory and Practice
 

The role of regional development institutions in enhancing the innovation potential of the constituent entities of the Russian Federation

Vol. 16, Iss. 1, JANUARY 2018

Received: 7 August 2017

Received in revised form: 6 September 2017

Accepted: 23 October 2017

Available online: 16 January 2018

Subject Heading: SOCIOECONOMIC POLICY

JEL Classification: O18, O43, R58

Pages: 83–100

https://doi.org/10.24891/re.16.1.83

Bondarenko V.V. Financial University under Government of Russian Federation, Penza Branch, Penza, Russian Federation
bond40@bk.ru

ORCID id: not available

Chakaev R.R. Ministry of Economic Development of Penza Oblast, Penza, Russian Federation
chakaev@econompenza.ru

ORCID id: not available

Leskina O.N. Financial University under Government of Russian Federation, Penza Branch, Penza, Russian Federation
ONLeskina@fa.ru

ORCID id: not available

Tanina M.A. Financial University under Government of Russian Federation, Penza Branch, Penza, Russian Federation
margo10@inbox.ru

ORCID id: not available

Yudina V.A. Financial University under Government of Russian Federation, Penza Branch, Penza, Russian Federation
veraluzgina@yandex.ru

ORCID id: not available

Kharitonova T.V. Financial University under Government of Russian Federation, Penza Branch, Penza, Russian Federation
haritonova_t79@mail.ru

ORCID id: not available

Subject The article considers the system of regional development institutions in terms of its influence on the level of innovation growth of the region. The article assesses the currently operating regional development institutions of the five regions of the Volga Federal District.
Objectives The article aims to determine the interdependence of the quantitative composition of the existing regional development institutions and the level of the Regional Innovation Index achieved.
Methods For the study, we used the methods of structural and functional, economics and statistics, correlation and regression analyses, etc.
Results Clarifying the concept of development institutions, the article presents a developed regional classification taking into account the key directions of their activities. The regional development institutions of the Republic of Tatarstan, Penza, Samara, Saratov oblasts and the Udmurt Republic have been considered and grouped by direction of activities.
Conclusions and Relevance Regional development institutions are an important instrument of regional policy. They have a significant impact on the level of innovation improvement of the region. The results of the research can be useful in shaping the strategy of innovative development of the subjects of the Russian Federation.

Keywords: regional development institution, Russian Regional Innovation Index, science park, innovation park, innovative cluster

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