Models of Regional Development in Russia: Level of Industrialisation and Innovative Performance

Abstract

The growth in the share of industry in the structure of Gross Domestic Product due to an increase in its competitiveness, causes a multiplier effect of accelerating economic growth, reducing unemployment and developing social and transport infrastructure. All these imperatives actualise the task of deepening the analysis of the level of industrialisation and innovative performance of the national economy and its regions. To achieve this goal, a theoretical analysis of the relationship between industrial growth and innovation activity was carried out, and the problems of industrial growth of the Russian economy were identified. The proposed toolkit is based on assessing the level of industrialization and innovative performance of the region. Based on their comparison, four models of industrial and innovative development are distinguished: model of non-industrial development, model of post-industrial development, model of neo-industrial development, and model of industrial development. According to the results of the study, the structure of Russian regions by the type of industrial-innovative development model is relatively stable and insufficiently progressive. Only a third of the regions have high innovative performance. The lack of the required balance between the development of industrial potential and the innovative productivity of Russian regions is associated with the low efficiency of the applied industrial policy measures. The research results can be useful for assessing the quality of industrial growth of regions in countries with transitional economies.