FACTORS OF INNOVATIVE DEVELOPMENT OF THE REGIONAL ECONOMY

Abstract

The article is devoted to the study of the problem of transition to an innovative option for the development of Russian regions, which will make it possible to abandon the model of resource and raw material dependence that has existed for a long time. The object of research is the economy of the Udmurt Republic, which is a typical example of an industrial region. To solve this problem, we analyzed the factors that determine the economic development of the region and the possibility of its transition to an innovative development model. The methodological base of the research is constituted by the theoretical principles of the formation and development of the regional economy, as well as existing studies that consider the possibility of transition of the region to an innovative development model. The author defines the factors that determine the possibility of transition of the region's economy to innovative development. It was established that only by combining the efforts of industrial enterprises, research organizations, higher education institutions and regional authorities, such a transition becomes real. It is noted that the level of development of the economy of Udmurtia does not correspond to modern requirements for the functioning of a competitive region. This does not allow counting on the possibility of an optimistic scenario for the development of the regional economy. The reasons that impede the innovative development of the Udmurt Republic as an economic region are identified. It is noted that the problems of the economic development of this region did not receive an adequate assessment for a long period of time, which, however, is characteristic of all regions and territories of the Urals. The results of the study can be used to form an innovative model for the development of the region.