Features of the current stage of Russia's innovative development

Abstract

The article primarily focuses on the innovative development of the economy. This article reveals the essence of innovation policy and the need for it to focus on creating favorable conditions for the business environment. Mixed-method research combines qualitative and quantitative methods. Data used in this research are based on a mix between primary and secondary sources. Secondary data were collected from Industry reports, books and other digital sources. This information was fundamental to perform a general analysis of the country current situation and the economic, and to understand which were the main point. Primary sources were collected through interview with scientists, entrepreneurs. Numerous studies have shown that the main core for significant change is always big business. Globally change the economy in a short time can only be done by the major business that has switched to new technologies. In the process of developing innovations, state support for the innovation environment of science, education and capital investments is fundamental. Now they are better supported. However, it is imperative that these measures should be continuous. For getting closer to the development level of leading countries, it is necessary to apply more measures. In this study, an attempt is made to develop a set of innovative policy measures that would, in the short term, from the point of view of technological development, get closer to the leading countries.