Abstract

This article explores the level of development and innovation implementation in Russia and the country’s position in the rating Global Innovation Index 2018. Terms and conditions, defining the value of the Global Innovation index, as the main criterion for innovative development of the State’s economy, were explored. The dynamic of the main qualitative and quantitative criteria, contributing to the low value of the Global Innovation index of Russian economy in previous years, was analysed. The existing problems, hampering the development of innovative potential of Russian economy on macro-, meso- and micro-levels, were identified and considered. The issue of targets, relating the implementation of the State programme “Economic development and innovation economy” in the sphere of innovation for 2018 and planned 2019-2020 years, was addressed. The growth rate of intramural research and development costs was estimated, and financial support for innovations in terms of their formation sources was studied. There is also a comparative analysis of expenditures on technological innovations in small enterprises and its proportion of total number of small enterprises, which were researched during 2009-2017, growth rate of obtained patents for inventions, useful models, industrial designs in Russia, Northern Caucasus federal area and the Kabardino-Balkar Republic. The performance of small enterprises, which were established by Kabardino-Balkarian State University named after H.M.Berbekov, was explored. The study has identified possible measures to be taken to address the revealed problem of innovative potential implementation in Russian economy and improve level of development and introduction of innovations on macro- and meso- levels.

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