Abstract
The practice of reforming macrosystems and attempts to transition from resource and industrial to digital economy showed that the lack of an institutional component increases information uncertainty, prevents the development of various forms of cooperation, increases the degree of risk in the implementation of exchange and contracting, causing an increase in economic, social and transactional costs, as well as higher prices for goods and services. The formation of institutional mechanisms of innovative development of the Russian Federation requires the development of appropriate scientific-methodological, regulatory and legal and information-analytical framework for effective regulation of the formation processes of high-tech economy, which is a pressing problem for our country. The paper identifies institutional factors, as well as areas to enhance and improve the effectiveness of innovation activities; established economic risks in an imperfect institutional environment; identified institutional components of the integration mechanism to ensure innovative economic development; proposed a methodological approach to assessing the quality of the institutional environment, as well as a diagnostic mechanism of its state.
Highlights
The concept of the digital economy is spreading around the world, including Russia
We are talking about the fact that innovation activity is a prerequisite for innovation activity of the state by implementing its results in the real sector of the economy and social sphere, and causes increased risks and threats to innovation activity, especially in countries characterized by insufficient development of the institutional environment
Despite the presence of significant potential for the development of scientific-technological and innovation activities in the Russian Federation, there is still insufficiently high rate of overcoming the technical and technological backwardness of the real sector, as well as a low level of innovative industrial production, which in an excellent way hinders the development of the digital economy
Summary
In 2017, the Russian government developed and approved a program to create the conditions for Russia's transition to a digital economy. The program includes five areas: human resources and education, information infrastructure, information security, the formation of research competencies and technological advances, and regulation. In the transition from industrial to post-industrial (digital) economy, the formation of an innovative model of socio-economic development of the state requires the formation of an effective institutional environment to stimulate the integration of research and production sector to enhance innovation activity. Economic development depends to a great extent not so much on the influence of economic levers, but on the level of development of the institutional basis of the economy
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