Abstract
The study identified problems in the use of economic instruments of state policy in the field of innovation management in the regions of the Russian Federation and proposed solutions through proprietary developments. A comprehensive system for applying economic tools for residents of special economic zones in the country’s regions is presented. A model for the use of economic tools at all stages of the innovation process and investor cooperation is proposed. An algorithm for adjusting regional tax rates has been created, which is presented as an effective tool for managing innovation in the regions of the Russian Federation. In accordance with the algorithm, a methodology has been developed for calculating the adjustment of income and property taxes, which will allow adapting tax policy to the current needs and development goals of the innovation sector, creating acceptable conditions for attracting investment and developing innovation at the local level.
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