Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy Development

During the last decade the role of innovation in the development of Russian and overseas economy has been rising. Innovation growth takes place in all spheres of global economy, including Russia. Sustainable development of economic systems depends today on introduction of intellectual activity resul...

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Main Author: N. V. Barinova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2020-04-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/841
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author N. V. Barinova
author_facet N. V. Barinova
author_sort N. V. Barinova
collection DOAJ
description During the last decade the role of innovation in the development of Russian and overseas economy has been rising. Innovation growth takes place in all spheres of global economy, including Russia. Sustainable development of economic systems depends today on introduction of intellectual activity results in production therefore a demand in innovation commercialization arises. The article identifies several problems of innovation commercialization that came into being in Russia lately, which were studied in academic literature. The author puts forward his own interpretation of the ideas of innovation platform and innovation strategy, provides classification of key forms o the innovation process and gives examples of countries, which conduct commercialization of intellectual activity results successfully. He systematizes the material identifying approaches to commercialization of research results in global practice and offers practical recommendations on managing the process. Conclusions were made about the importance of innovation commercialization on micro- and macro-levels of economy and about the impact of state policy on shaping the model of research result commercialization in Russia. The author shows the future prospects of managing the process of innovation commercialization and underlines their positive influence on the economic development of the country.
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institution Kabale University
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-b79cd7ef762d462b999a29d031bdcd612025-08-20T03:36:48ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512020-04-0102324110.21686/2413-2829-2020-2-32-41697Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy DevelopmentN. V. Barinova0Plekhanov Russian University of EconomicsDuring the last decade the role of innovation in the development of Russian and overseas economy has been rising. Innovation growth takes place in all spheres of global economy, including Russia. Sustainable development of economic systems depends today on introduction of intellectual activity results in production therefore a demand in innovation commercialization arises. The article identifies several problems of innovation commercialization that came into being in Russia lately, which were studied in academic literature. The author puts forward his own interpretation of the ideas of innovation platform and innovation strategy, provides classification of key forms o the innovation process and gives examples of countries, which conduct commercialization of intellectual activity results successfully. He systematizes the material identifying approaches to commercialization of research results in global practice and offers practical recommendations on managing the process. Conclusions were made about the importance of innovation commercialization on micro- and macro-levels of economy and about the impact of state policy on shaping the model of research result commercialization in Russia. The author shows the future prospects of managing the process of innovation commercialization and underlines their positive influence on the economic development of the country.https://vest.rea.ru/jour/article/view/841innovationinnovation platforminnovation strategyinnovation commercializationintellectual activity resultseconomic system
spellingShingle N. V. Barinova
Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy Development
Вестник Российского экономического университета имени Г. В. Плеханова
innovation
innovation platform
innovation strategy
innovation commercialization
intellectual activity results
economic system
title Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy Development
title_full Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy Development
title_fullStr Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy Development
title_full_unstemmed Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy Development
title_short Innovation Commercialization in Russia and Ways of Overcoming it at the Current Stage of Economy Development
title_sort innovation commercialization in russia and ways of overcoming it at the current stage of economy development
topic innovation
innovation platform
innovation strategy
innovation commercialization
intellectual activity results
economic system
url https://vest.rea.ru/jour/article/view/841
work_keys_str_mv AT nvbarinova innovationcommercializationinrussiaandwaysofovercomingitatthecurrentstageofeconomydevelopment