Abstract
The article summarizes the results of studies emphasizing the importance of industrial development based on the development of innovations. The hypothesis of the study is the assumption that in the context of neo-industrialization, the growth in the contribu-tion of industry to GDP should be accompa-nied by an increase in the share of innova-tive products in industrial output. The paper analyzes the innovative performance of the industrial development of the Russian Fed-eration based on a comparison of the share of industry in GDP and the share of innova-tive products in the output of goods. Correla-tion and regression analysis showed the presence of a strong negative linear rela-tionship between the contribution of industry to GDP and the share of innovative products in the output of goods, which indicates the need to modernize industrial development. The article summarizes the conditions for a qualitative improvement in the functioning of industry.
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