Abstract
Innovative development is a basis of economy modernization. Countries occupying a leading position in the field of innovation can influence the economic development process. Existing innovative development of the Russian economy is insufficiently active. The article analyses the modern state of the chemical industry, identify the causes of the decline in innovative activity during the last twenty years. It was determined that the problem of attracting financial, technological and human resources is the main obstacle to the development of the domestic economy according to the innovative program. There are also reviewed prospects of innovative development of enterprises of chemical industry.
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