State Policy in the Area of Implementation of Innovations in Industrial Production

Abstract

The purpose of this paper is to systematize and summarize the findings from theoretical research by leading domestic and foreign scholars and key practices related to the role played by the state in ensuring and the extent of its influence on the nation’s innovation-driven development and input to implementation of innovations in industrial production. The key methods employed by the authors are data summarization, description, interpretation, and theoretical methods of formal and dialectical logic. As this work’s key result, the authors have assessed and systematized a set of proposals on government support and regulation of innovation activity in Russia. Implementing these proposals will help provide a significant boost to the innovation process in most sectors, especially science-driven ones, like information technology, machine-tool manufacture, the radio-electronics industry, the nuclear power generation complex, the power engineering industry, ship building, the aviation and rocket-and-space industries, etc. The authors’ key conclusions drawn based on the research reported in this paper are associated with determining a set of ways to enhance the efficiency of government regulation of the innovation sphere, as well as a set of priorities regarding Russia’s scientific/technical development.