BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES
Ensuring sustainable development of circumpolar regions is prioritized in the current economic conditions in order to realize the sovereignty and national interests of our vast country in the Arctic region. Sustainable socioeconomic development of the regions of the circumpolar zone is impossible wi...
Published in: | WORLD OF ECONOMICS AND MANAGEMENT |
---|---|
Main Authors: | , |
Format: | Article in Journal/Newspaper |
Language: | Russian |
Published: |
Novosibirsk State University Press
2017
|
Subjects: | |
Online Access: | https://doi.org/10.25205/2542-0429-2017-17-1-100-113 https://doaj.org/article/46ce20be96d240cdb805175490948da9 |
id |
ftdoajarticles:oai:doaj.org/article:46ce20be96d240cdb805175490948da9 |
---|---|
record_format |
openpolar |
spelling |
ftdoajarticles:oai:doaj.org/article:46ce20be96d240cdb805175490948da9 2023-05-15T14:57:18+02:00 BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES Baburina N. A. Dmitrieva A. A. 2017-03-01T00:00:00Z https://doi.org/10.25205/2542-0429-2017-17-1-100-113 https://doaj.org/article/46ce20be96d240cdb805175490948da9 RU rus Novosibirsk State University Press https://nsu.ru/ef/vestnik_ngu_ef/2017_1_8 https://doaj.org/toc/2542-0429 2542-0429 doi:10.25205/2542-0429-2017-17-1-100-113 https://doaj.org/article/46ce20be96d240cdb805175490948da9 Mir Èkonomiki i Upravleniâ, Vol 17 (1), Pp 100-113 (2017) инновации инновационное развитие банковское финансирование инноваций циркумполярные регионы социально-экономическое развитие Арктики инновационная система innovation innovative development bank financing of innovation the circumpolar region socioeconomic development of the Arctic an innovative system Economics as a science HB71-74 article 2017 ftdoajarticles https://doi.org/10.25205/2542-0429-2017-17-1-100-113 2022-12-31T13:30:41Z Ensuring sustainable development of circumpolar regions is prioritized in the current economic conditions in order to realize the sovereignty and national interests of our vast country in the Arctic region. Sustainable socioeconomic development of the regions of the circumpolar zone is impossible without the activation of innovative processes. The possibility of the innovation depends on a variety of factors, one of which is an access to financial resources sufficient in terms of timing and volume. Historically, the main suppliers of financial resources in Russia are banks, which ineffectively participate in the financing of innovative development in the Russian circumpolar regions. Assessment of the potential of the intensification of influence that banks have on innovation processes has shown that it is limited to high-risk innovation, multiplying in a volatile external environment of functioning of economic entities and periodic financial crises. Development of banking financing of innovation and overcoming the existing challenges will allow stimulating innovative development of the circumpolar regions of Russia. Article in Journal/Newspaper Arctic Directory of Open Access Journals: DOAJ Articles Arctic WORLD OF ECONOMICS AND MANAGEMENT 16 1 100 113 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
Russian |
topic |
инновации инновационное развитие банковское финансирование инноваций циркумполярные регионы социально-экономическое развитие Арктики инновационная система innovation innovative development bank financing of innovation the circumpolar region socioeconomic development of the Arctic an innovative system Economics as a science HB71-74 |
spellingShingle |
инновации инновационное развитие банковское финансирование инноваций циркумполярные регионы социально-экономическое развитие Арктики инновационная система innovation innovative development bank financing of innovation the circumpolar region socioeconomic development of the Arctic an innovative system Economics as a science HB71-74 Baburina N. A. Dmitrieva A. A. BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES |
topic_facet |
инновации инновационное развитие банковское финансирование инноваций циркумполярные регионы социально-экономическое развитие Арктики инновационная система innovation innovative development bank financing of innovation the circumpolar region socioeconomic development of the Arctic an innovative system Economics as a science HB71-74 |
description |
Ensuring sustainable development of circumpolar regions is prioritized in the current economic conditions in order to realize the sovereignty and national interests of our vast country in the Arctic region. Sustainable socioeconomic development of the regions of the circumpolar zone is impossible without the activation of innovative processes. The possibility of the innovation depends on a variety of factors, one of which is an access to financial resources sufficient in terms of timing and volume. Historically, the main suppliers of financial resources in Russia are banks, which ineffectively participate in the financing of innovative development in the Russian circumpolar regions. Assessment of the potential of the intensification of influence that banks have on innovation processes has shown that it is limited to high-risk innovation, multiplying in a volatile external environment of functioning of economic entities and periodic financial crises. Development of banking financing of innovation and overcoming the existing challenges will allow stimulating innovative development of the circumpolar regions of Russia. |
format |
Article in Journal/Newspaper |
author |
Baburina N. A. Dmitrieva A. A. |
author_facet |
Baburina N. A. Dmitrieva A. A. |
author_sort |
Baburina N. A. |
title |
BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES |
title_short |
BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES |
title_full |
BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES |
title_fullStr |
BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES |
title_full_unstemmed |
BANK FINANCING OF INNOVATIVE DEVELOPMENT OF CIRCUMPOLAR REGIONS IN RUSSIA: FEATURES AND CHALLENGES |
title_sort |
bank financing of innovative development of circumpolar regions in russia: features and challenges |
publisher |
Novosibirsk State University Press |
publishDate |
2017 |
url |
https://doi.org/10.25205/2542-0429-2017-17-1-100-113 https://doaj.org/article/46ce20be96d240cdb805175490948da9 |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
Mir Èkonomiki i Upravleniâ, Vol 17 (1), Pp 100-113 (2017) |
op_relation |
https://nsu.ru/ef/vestnik_ngu_ef/2017_1_8 https://doaj.org/toc/2542-0429 2542-0429 doi:10.25205/2542-0429-2017-17-1-100-113 https://doaj.org/article/46ce20be96d240cdb805175490948da9 |
op_doi |
https://doi.org/10.25205/2542-0429-2017-17-1-100-113 |
container_title |
WORLD OF ECONOMICS AND MANAGEMENT |
container_volume |
16 |
container_issue |
1 |
container_start_page |
100 |
op_container_end_page |
113 |
_version_ |
1766329387222827008 |