Abstract

The article discusses the main directions of state regulation of the economy and one of the most important itscomponents - innovative activity. We justify the need for state regulation, analysis of models and mechanismsfor the construction of national innovation policy, facilities and areas of scientific and technological developmentof the country. We give guidelines to improve the mechanisms of state regulation of innovative activity, tools forimplementation and evaluation of its effectiveness.

Highlights

  • Increase state intervention in the economy is objectively necessary for the modern Russian realities, in an environment where more and more the first signs of recession are clearly seen

  • We justify the need for state regulation, analysis of models and mechanisms for the construction of national innovation policy, facilities and areas of scientific and technological development of the country

  • The development of productive forces, the efficient functioning of the economy, citizens’ protectability from the unfavorable factors, the level and quality of the people’s life and more is determined by the state of the country's science and technology policy and the level of its focus on the innovative way of development of the economy

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Summary

Introduction

Increase state intervention in the economy is objectively necessary for the modern Russian realities, in an environment where more and more the first signs of recession are clearly seen. The main argument in favor of the state regulation is the need to bring in the economic development the elements of order, as the classic market regulation under these conditions does not work anymore. If any areas are not to be regulated by the state, they will be regulated by element, criminals, or oligarchy. This was vividly demonstrated in the Russian economy in the 90-ies of the last century. The society insures itself by opposing the monopolization of markets by state regulation of their manifestations

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