Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)

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Improvement of the institutional model: Encouragement of innovative activity as a condition of growth of competitive ability in the regional economy

Authors
Irina Averina, Marina Buyanova, Elena Khoruzhaya
Corresponding Author
Irina Averina
Available Online May 2018.
DOI
10.2991/cssdre-18.2018.55How to use a DOI?
Keywords
innovations, competitive ability, region, model,encouragement
Abstract

In the article the competitive positions of the Russian Federation determined by a relatively low level of the innovative activity of the economic actors in comparison with their foreign counterparts were analyzed. The theoretical model of the motivation of the entrepreneurs for the realization of the creative and innovative work was suggested. It includes the subjects, formal norms (legislation), informal rules (business culture typical of the economic community), incentives and limitations. The Volgograd region was chosen as the empirical base for the analysis of the model. Also the existing indices characterizing the innovative activity of the enterprises within the given region were studied. The contradictions arising at the functioning of the model under analysis were found. The recommendations for its improvement for the creation of the necessary conditions contributing to the growth of the competitive ability of the economy were suggested. The directions of the modernization mentioned above will create additional opportunities for the growth of the ratings positions of both a specific region and the country in the whole.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
May 2018
ISBN
978-94-6252-514-6
ISSN
2352-5428
DOI
10.2991/cssdre-18.2018.55How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Irina Averina
AU  - Marina Buyanova
AU  - Elena Khoruzhaya
PY  - 2018/05
DA  - 2018/05
TI  - Improvement of the institutional model: Encouragement of innovative activity as a condition of growth of competitive ability in the regional economy
BT  - Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)
PB  - Atlantis Press
SP  - 256
EP  - 260
SN  - 2352-5428
UR  - https://doi.org/10.2991/cssdre-18.2018.55
DO  - 10.2991/cssdre-18.2018.55
ID  - Averina2018/05
ER  -