Abstract

The paper deals with the problem of a huge gap between the knowledge creation and the knowledge impact on the economy, which is relevant for Russia. A possible solution can be found by improving the tools to support the commercialization of research results and the growth of R&D-intensive companies. A set of such tools is seen as a favorable mechanism to turn knowledge into innovation. The main idea of the article, based on a system approach, puts the adoption of strategic decisions before the improvement of the innovation mechanism. As shown in the article, the strategy of scientific and technological development precedes the scenario to develop research and innovation. Guided by the scenario, you can select the appropriate tools to support certain sciences and innovations, since such a choice depends entirely on the strategic goals, scenario, and innovation potential. These provisions are substantiated in the article in relation to Russia. Two types of strategic goals are discussed, and two scenarios of respective types are compared with each other to show the big difference between leaping forward through radical innovation and moving forward through incremental innovation. The key requirements for both types of innovation mechanisms are formulated in the context of the geopolitical and economic crisis. Turbulence brings the economic system to a bifurcation point, which makes innovation governance more responsible in making decisions, so the proposed provisions can be useful in developing appropriate regulatory tools.

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