Abstract

The global innovation trends involve ever new and more flexible systems for the development of industries, goods, and services. The consumer ability of society creates stable needs for new state-of-the-art goods, technologies, and products. Within this context, the need to develop innovations as a way to achieve market demands can hardly be overestimated. The article includes an overview of a number of important innovation-based factors, such as the share of domestic spending on research and development in GDP in the Russian Federation, domestic current spending on research and development in the Russian Federation, the overall level of innovative activity of industrial organizations, etc. Besides, following the study, it was found that the overall level of innovative activity of industrial organizations has a direct notable correlation dependence on domestic current spending on research and development.

Highlights

  • The era of the sixth wave of innovation was marked by the evolvement of artificial intelligence systems, radio technologies, global information networks, deterministic models of growth and development in bioenergy, formation of energy-intensive resource objects on a transnational scale, and much more, which was a consequence of the preexistent and developed intellectual resource in the country

  • We will use this research tool to prove the following proposed hypotheses: Н1: The indicator of the proportion of innovative goods, works, and services in the total of goods shipped is in direct proportional correlation with the indicator of domestic current spending on research and development in the Russian Federation

  • Heading for the innovation-driven path of development requires the development of a global innovation infrastructure that promotes the growth of innovative activity of industrial organizations, consolidation and cooperation with higher educational institutions, formation of bases and systems of innovations, etc

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Summary

Introduction

The era of the sixth wave of innovation was marked by the evolvement of artificial intelligence systems, radio technologies, global information networks, deterministic models of growth and development in bioenergy, formation of energy-intensive resource objects on a transnational scale, and much more, which was a consequence of the preexistent and developed intellectual resource in the country. The purpose of the article is to conduct factor analysis of trends for national innovationdriven development, which makes it possible to define its state. The purpose gave rise to the following objectives: 1. To consider the dynamics of particular factors representative of the innovation development in the Russian Federation. 2. To determine the best analysis tools. 3. To study factors having impact on the innovation-driven development in the Russian Federation

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