INSTITUTIONAL CONDITIONS OF COMMERCIALIZATION OF INNOVATIONS
The main obstacle in the way of the accelerated innovative development of Russia is the low level of commercialization of the results of scientific and technological research. Maintenance of the effectiveness of technology commercialization processes demands purposeful and systematic actions both on behalf of the bodies of the government, and on the part of private sector. The development of the legislation and the mechanisms of its realization are needed
Elena A. Kandrashina, Doctor of Economics, Professor of the Department of Applied Management of the Samara State University of Economics