FACTOR ANALYSIS OF INNOVATIVE ACTIVITY OF THE RUSSIAN FEDERATION

  • M.V. Vlasov
    • Institute of Economics, Ural Branch of the Russian Academy of Sciences
  • M.O. Shardina
    • Ural Federal University named after the first President of Russia B.N. Yeltsin
Keywords: innovation activity, factors of economic development, international trade, high-tech export, technology import, competitiveness, regression-correlation analysis, international economic relations

Abstract

The processes of technical and economic reengineering of the activities of economic entities cause an increase in the importance of the development of innovative activity in the Russian Federation. The purpose of the study is a quantitative analysis of the influence of various factors of economic activity in general and such a factor as international trade, in particular, on innovative development. As a result of the theoretical analysis of methodological approaches to assessing various factors of economic activity in general and such a factor as international trade, in particular, and innovation activity, the authors identified areas for their improvement, proposed indicators for assessing innovation activity, taking into account the impact of international cooperation. The main hypothesis of the study is the following: there is a significant relationship between the dynamics of the volume of imports and exports of technologies and innovative products and the dynamics of the innovative development of the economy of the Russian Federation. The dynamics of the main indicators of international trade and innovation activity of the Russian Federation is analyzed. The authors carried out a multivariate regression-correlation analysis, which proved the presence of a stable significant influence of the dynamics of various factors of economic activity in general and such a factor as international trade, in particular, on the dynamics of innovative activity of industrial enterprises. The theoretical significance of the presented study lies in the substantiation of indicators that allow assessing the impact of various factors of economic activity in general and such a factor as international trade, in particular, on the innovative development of the economy of the Russian Federation.

References

Received 2022-06-16
Published 2022-08-02
Section
Economics
Pages
609-617