Regional Economics: Theory and Practice
 

Modern methods to assess the effectiveness of State support for innovation in the region

Vol. 16, Iss. 4, APRIL 2018

Received: 14 December 2017

Received in revised form: 15 January 2018

Accepted: 22 January 2018

Available online: 14 April 2018

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: H81, N90, O38, R53

Pages: 724–742

https://doi.org/10.24891/re.16.4.724

Avramchikova N.T. Reshetnev Siberian State University of Science and Technology, Krasnoyarsk, Russian Federation
avr-777@yandex.ru

ORCID id: not available

Volkov D.O. Reshetnev Siberian State University of Science and Technology, Krasnoyarsk, Russian Federation
volkov.do@mail.ru

ORCID id: not available

Importance This article considers the modern methods of estimation of efficiency of State support of innovative activity, widely applied at the regional level to assess the efficiency of budget funds use.
Objectives The article aims to identify problems related to the assessment of the effectiveness of State support for innovation activities at the regional level, and develop a qualitatively new evaluation strategy, involving an expert assessment of State support, which takes into account the opinion of recipients of such support and qualified experts.
Methods For the study, we used the methods of logical and statistical analyses.
Results The article formulates a new definition of expert estimation method, and it proposes the one to assess the effectiveness of State support in the sphere of scientific, technical and innovative development of the country.
Conclusions We believe that applying the proposed expert assessment method will help enhance the validity of decisions, take into account a great number of factors influencing the effectiveness of support mechanisms, and identify the existing relationships between effective State support and increase of innovation activity in the country.

Keywords: innovative activity, State support, method of expert evaluations, mechanism of State administration, efficiency assessment

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