Subject. This article discusses the problems of the development of an innovative economy. Objectives. The article aims to determine the role of various public institutions in improving the investment attractiveness of Russian regions. Methods. For the study, we used the systems analysis. Results. The article describes the ways, which the main elements of the region's ecosystem, such as municipalities, educational and scientific institutions, the media and business use to make a certain contribution to the formation of the gross regional product. Conclusions. Creating an innovative economy requires taking into account the interests of different social groups.
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