Abstract

The article determines the concepts of “service” and “innovation”. The article touches upon organizational and economic mechanisms for the innovative development of service sector industries offered by Russian and foreign scientists, in particular in the following spheres: transport, telecommunications, wholesale and retail trade, credit and finance, insurance, consumer services, cultural and recreational services, social services - education, healthcare, and other social services. Methodological recommendations proposed by Russian scientists for the study and implementation of innovations at enterprises in the service sector are combined and consolidated. A methodological approach to the innovative development of the service sector is proposed. In contrast to existing methodologies, the author’s approach takes into account the following stages: coordination of the strategy with the population of the territory and budgeting, analysis of the “failures” in the innovative development of service industries and budget creation based on the “failure-project-target approach”. Moreover, when applying the above mentioned author’s approach, “state failures” are also taken into account, project activities are developed with the greatest efficiency and there is a close connection between activities and targets. Also, the author proposes in the article innovative measures taken into account when developing a strategy for innovative development of services industries.

Highlights

  • Service sector today plays the main role in serving the public

  • After analyzing the organizational and economic mechanisms proposed by the Russian scientists to ensure innovative development of service sector industries, the following can be pointed out:

  • - “wholesale and retail trade”: proposals are aimed at creating an optimal system of material flows

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Summary

Introduction

Service sector today plays the main role in serving the public. Recently modern trends including outsourcing processes, digital development, import substitution and etc. have made the study of service sector development, its organizational and economic mechanisms, and especially innovative mechanisms, one of the most researched areas among Russian and foreign scientists. Have made the study of service sector development, its organizational and economic mechanisms, and especially innovative mechanisms, one of the most researched areas among Russian and foreign scientists. According to statistics, this area employs the largest number of the working-age population. N.V. Maslova notes that over the past decades the service sector has seen a significant growth: according to Russian Federation Federal State Statistics Service, 65% of the working-age population worked in the service sector in 2014 [1]. We study the issues of employment in the service sector, and their impact on the socio-economic development of territories. We will focus on the study of formation and improvement of organizational and economic mechanisms for ensuring the innovative development of service sector

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