Subject It is very reasonable to analyze the patent market, factors influencing the patent activities so to devise an effective set of tax incentive measures. Objectives The research determines contemporary trends in how intellectual property items contribute to economic development of foreign countries and Russia, compares tax expenditures of States for encouraging their creation and commercialization, and substantiates Russia's transition from taxation sustaining the turnover of intellectual property items and innovation towards the innovative mode. Methods I conducted an economic and statistical analysis of the patent activities and international exchange of intellectual property items throughout the OECD countries and the Russian Federation for 2009–2014 using quantitative and specific indicators of patent applications filed and issued, export/import indicators of license payments and royalties, coefficients of inventive activities and use. I used techniques of vertical and horizontal analysis of time series, graphical presentation of results. Results Post-crisis developed economies demonstrate a stable trend in intensified investment in innovation, which is embodied in growth in patent activities and investment in intellectual property. The research identifies an absolutely different approach of Russia to building the mechanism for finance of R&D expenses as compared with most of foreign countries. The approach mainly implies the dominance of direct finance over indirect tax expenses. Conclusions and Relevance Russia's transition from sustaining taxation toward its encouraging form is a necessary condition for increasing patent activities and investment in intellectual capital, and ultimately new industrial economy bringing high technologies and innovation.
Kormishkina L.A. [On challenges and prospects of changes in the quality of economic growth in modern Russia]. Upravlenie ekonomicheskimi sistemami: elektronnyi nauchnyi zhurnal, 2013, no. 9. (In Russ.) URL: Link
Makarov A.I., Pakhomov A.A., Biryukova O.V. Podderzhka eksporta vysokotekhnologichnoi produktsii i razvitie innovatsionnogo sektora Rossii: monografiya [Support to export of high-tech products and development of Russia's innovation sector: a monograph]. Moscow, Delo, RANEPA Publ., 2014, 214 p.
Titov V.A. [An analysis of national innovation systems: international comparisons]. Transportnoe delo Rossii = Transport Business of Russia, 2010, no. 3, pp. 32–36.
Mingaleva Zh.A. [An influence of patent activities on innovative development of the national economy]. Ekonomika regiona = Economy of Region, 2010, no. 4, pp. 71–77.
Gorbachev S. [Patent activities of residents as a factor for competitiveness of national economies]. RISK: Resursy, informatsiya, snabzhenie, konkurentsiya =RISK: Resources, Information, Supply, Competition, 2011, no. 3, pp. 520–523.
Mazurkin P. [Comparative dynamics of patenting activity in Russia and the USA]. Intellektual'naya sobstvennost'. Promyshlennaya sobstvennost' = Intellectual Property. Industrial Property, 2014, no. 8, pp. 52–61.
Arkhipova M.Yu., Karpov E.S. [A statistical analysis and forecasting of patent activity indicators in Russia and some developed economies]. Voprosy Statistiki, 2014, no. 6, pp. 66–71.
Likhachev V.A. [Global market for intellectual property at the present stage]. Rossiiskii vneshneekonomicheskii vestnik =Russian Foreign Economic Bulletin, 2014, no. 8, pp. 89–103.
Bodrunov S.D., Grinberg R.S., Sorokin D.E. [Re-industrialization of the Russian economy: imperatives, capabilities, risks]. Ekonomicheskoe vozrozhdenie Rossii = Economic Revival of Russia, 2013, no. 1, pp. 19–49.
Ryazanov V.T. [New industrialization of Russia: strategic purposes and current priorities]. Ekonomicheskoe vozrozhdenie Rossii = Economic Revival of Russia, 2014, no. 2, pp. 17–25.
Kormishkina L.A. [Favorable economic environment as a necessary precondition for security and activation of economic activity in contemporary Russian economy]. Fundamental'nye issledovaniya = Fundamental Research, 2015, no. 5-3, pp. 623–630.
Seliverstov Yu.I., Bukhonova S.M. [Tax incentives for creation and use of intellectual property items in Russia]. Vestnik Belgorodskogo gosudarstvennogo tekhnologicheskogo universiteta im. V.G. Shukhova = Bulletin of Belgorod State Technological University named after V.G. Shukhov, 2012, no. 1, pp. 105–109.
Tserenova K.N. [Taxation of separate transactions with intellectual property items]. Nauchnye trudy Vol'nogo ekonomicheskogo obshchestva Rossii = Scientific Proceedings of the Free Economic Society of Russia, 2010, vol. 133, pp. 531–543.
Trofimov S.V. Pravovoe regulirovanie nalogooblozheniya oborota innovatsionnykh produktov: monografiya [Legal regulation of taxation of innovative products turnover: a monograph]. Irkutsk, Baikal State University Publ., 2015, 272 p.
Griffith R., Miller H., O'Connell M. Ownership of Intellectual Property and Corporate Taxation. Journal of Public Economics, 2014, vol. 112, pp. 12–23. URL: Link
Dischinger M., Riedel N. Corporate Taxes and the Location of Intangible Assets within Multinational Firms. Journal of Public Economics, 2011, vol. 95, iss. 7, pp. 691–707. URL: Link
Karkinsky T., Riedel N. Corporate Taxation and the Choice of Patent Location within Multinational Firms. Journal of International Economics, 2012, vol. 88, iss. 1, pp. 176–185. URL: Link
Ernst C., Richter K., Riedel N. Corporate Taxation and the Quality of Research and Development. International Tax and Public Finance, 2014, vol. 21, iss. 4, pp. 694–719. URL: Link
Koroleva L.P. [Commercialization of intellectual property: from tax competition to tax incentives]. Ekonomika znanii: strategicheskie problemy i resheniya: materialy VII mezhdunarodnoi nauchno-prakticheskoi konferentsii [Proc. 7th Int. Sci. Conf. Economy of Knowledge: Strategic Issues and Solutions]. Krasnodar, Kuban State University Publ., 2015, pp. 134–142.
Ushakova S.E. [The 'patent box' regime in the EU countries and opportunities to adapt it to the Russian conditions]. Nauka. Innovatsii. Obrazovanie = Science. Innovation. Education, 2014, no. 16, pp. 189–204.