Abstract
To ensure the sustainable development of the region, it is necessary to clearly define its innovative goals that contribute to the growth of socio-economic well-being and resource mobilization. The low innovation activity of business communities and regions is due to a variety of objective reasons, among which it is necessary to highlight the imperfection of local innovation development strategies and administrative barriers that hinder innovative demand for new types of products and services. The contradictions between increasing the competitiveness of the region and the practice of innovation and investment management are strongly influenced. In the gross domestic (regional) product, revenues from commodity exports remain key, while sanctions pressure exacerbates the need for import substitution and the predominance of innovative projects. The identified problems require qualitatively new approaches to substantiating management decisions in the field of investment and innovation policy and actualize the need to develop methodological approaches to assessing investment and innovation potential. In these conditions, the problem of clarifying the theoretical and methodological foundations of investment and innovation development of the Russian economy, corresponding to the state of its development and taking in to account the dynamism and depth of the changes taking place, becomes very relevant.
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