Creating the conditions for innovation development of resource-based regions

Abstract The possibilities of innovation development, as well as the creation and promotion of an innovative model of a region’s subsoil development, have several dimensions. Regional factors and conditions have the most importance among them. Practical interest in the regional level of administrati...

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Main Author: A. E. Sevastyanova
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://link.springer.com/10.1134/S2079970517010075
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spelling ftrepec:oai:RePEc:spr:rrorus:v:7:y:2017:i:1:d:10.1134_s2079970517010075 2023-05-15T17:02:58+02:00 Creating the conditions for innovation development of resource-based regions A. E. Sevastyanova http://link.springer.com/10.1134/S2079970517010075 unknown http://link.springer.com/10.1134/S2079970517010075 article ftrepec 2020-12-04T13:33:27Z Abstract The possibilities of innovation development, as well as the creation and promotion of an innovative model of a region’s subsoil development, have several dimensions. Regional factors and conditions have the most importance among them. Practical interest in the regional level of administration consists in analysis of controllable factors. The paper discusses the theoretical base and experience of innovation development of the most successful resource-based countries. The analysis shows that the key role in innovation development is played by the state; national innovation systems are shaped with consideration of the resource-related specifics of the economy. Government regulation aims to wholly encourage entrepreneurship and private initiative; therefore, a considerable share of investment in scientific research comes from industry. The experience of innovation developed Russian resource regions (Tomsk oblast, the Khanty-Mansi Autonomous Okrug, and the Republic of Tatarstan) proves that the development of innovation sphere improved the regions’ image and conditions to attract investment and highly trained professionals. The innovation component can provide an impulse not only in the development of traditional production segments, but also in addressing socioeconomic problems of areas. A trend has emerged of taking into account regions’ resource profiles in their innovation development strategies, but there is still a lack of relations between the innovation sector and the region’s resource enterprises. The share of the resource sector in the structure of the economy is not a decisive factor (neither an obstacle) of successful innovation activity, since there are other significant factors and conditions. The regional governance level plays an important role in establishing and developing innovation processes: along with technological innovations, managerial, organizational and marketing innovations have become important; institutional transformations, political competencies, and the role of regional authorities come to the foreground; a good return can be achieved through active participation in federal initiatives to support innovation development. oil and gas region, resource sector of the economy, innovation, governance, factors and conditions of innovation activity, institutional environment Article in Journal/Newspaper khanty khanty-mansi Mansi RePEc (Research Papers in Economics)
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collection RePEc (Research Papers in Economics)
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description Abstract The possibilities of innovation development, as well as the creation and promotion of an innovative model of a region’s subsoil development, have several dimensions. Regional factors and conditions have the most importance among them. Practical interest in the regional level of administration consists in analysis of controllable factors. The paper discusses the theoretical base and experience of innovation development of the most successful resource-based countries. The analysis shows that the key role in innovation development is played by the state; national innovation systems are shaped with consideration of the resource-related specifics of the economy. Government regulation aims to wholly encourage entrepreneurship and private initiative; therefore, a considerable share of investment in scientific research comes from industry. The experience of innovation developed Russian resource regions (Tomsk oblast, the Khanty-Mansi Autonomous Okrug, and the Republic of Tatarstan) proves that the development of innovation sphere improved the regions’ image and conditions to attract investment and highly trained professionals. The innovation component can provide an impulse not only in the development of traditional production segments, but also in addressing socioeconomic problems of areas. A trend has emerged of taking into account regions’ resource profiles in their innovation development strategies, but there is still a lack of relations between the innovation sector and the region’s resource enterprises. The share of the resource sector in the structure of the economy is not a decisive factor (neither an obstacle) of successful innovation activity, since there are other significant factors and conditions. The regional governance level plays an important role in establishing and developing innovation processes: along with technological innovations, managerial, organizational and marketing innovations have become important; institutional transformations, political competencies, and the role of regional authorities come to the foreground; a good return can be achieved through active participation in federal initiatives to support innovation development. oil and gas region, resource sector of the economy, innovation, governance, factors and conditions of innovation activity, institutional environment
format Article in Journal/Newspaper
author A. E. Sevastyanova
spellingShingle A. E. Sevastyanova
Creating the conditions for innovation development of resource-based regions
author_facet A. E. Sevastyanova
author_sort A. E. Sevastyanova
title Creating the conditions for innovation development of resource-based regions
title_short Creating the conditions for innovation development of resource-based regions
title_full Creating the conditions for innovation development of resource-based regions
title_fullStr Creating the conditions for innovation development of resource-based regions
title_full_unstemmed Creating the conditions for innovation development of resource-based regions
title_sort creating the conditions for innovation development of resource-based regions
url http://link.springer.com/10.1134/S2079970517010075
genre khanty
khanty-mansi
Mansi
genre_facet khanty
khanty-mansi
Mansi
op_relation http://link.springer.com/10.1134/S2079970517010075
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