The transition to an innovative economy as a strategic imperative

AutorRavil M. Nurtdinov - Albert R. Nurtdinov - Niyaz K. Gabdrakhmanov
CargoKazan Federal University, Institute of Management, Economics and Finance. e-mail: nz99nz@yandex.ru. Tel. +7 (904) 662-60-25. - Kazan Federal University, Institute of Management, Economics and Finance. e-mail: nz99nz@yandex.ru. Tel. +7 (904) 662-60-25 - Kazan Federal University, Institute of Management, Economics and Finance. e-mail: nz99nz...
Páginas189-201
Periódico do Núcleo de Estudos e Pesquisas sobre Gênero e Direito
Centro de Ciências Jurídicas - Universidade Federal da Paraíba
V. 8 - Nº 05 - Ano 2019
ISSN | 2179-7137 | http://periodicos.ufpb.br/ojs2/index.php/ged/index
189
THE TRANSITION TO AN INNOVATIVE ECONOMY AS A
STRATEGIC IMPERATIVE
Ravil M. Nurtdinov1
Albert R. Nurtdinov2
Niyaz K. Gabdrakhmanov3
Abstract: This paper discusses
innovation as the key to economic
growth, an assessment of the innovation
sphere, and justified way innovative
activities of economic subjects. The
experience of industrialized countries
shows conclusively that sustained
economic growth in modern conditions
is not the result of primitive production
capacity factors, but their improvement
and development on the basis of
scientific and technological progress and
innovation. To examine the strategy of
Russia's development we must take into
account that new trends fundamentally
alter our understanding of the
mechanisms of economic growth. Russia
must solve both its tactical problems and
seek answers to new challenges in order
to ensure gradual, phased transition from
1 Kazan Federal University, Institute of Management, Economics and Finance. e-mail:
nz99nz@yandex.ru. Tel. +7 (904) 662-60-25.
2 Kazan Federal University, Institute of Management, Economics and Finance. e-mail:
nz99nz@yandex.ru. Tel. +7 (904) 662-60-25
3 Kazan Federal University, Institute of Management, Economics and Finance. e-mail:
nz99nz@yandex.ru. Tel. +7 (904) 662-60-25.
the old inertial, natural-resource growth
model to a predominantly innovative
type of development. In this article as a
hypothesis put forward the following
points: innovation sphere Russia is
experiencing a deep crisis; the key
problem in the way of innovation activity
in the country is the lack of effective
mechanisms for funding research and
development.
Keywords: Innovation factor of
economic growth, innovation financing,
political financing, encouraging
innovative activity, capital flight foreign
investment.
INTRODUCTION

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