THE INFLUENCE OF ECONOMIC SANCTIONS ON INNOVATION DEVELOPMENT OF RUSSIA: THREATS AND OPPORTUNITIES
Based on the analysis of the statistics of the main macroeconomic indicators and characteristics of innovation activity, the authors assess the impact of economic sanctions imposed by a number of countries in 2014 on innovation development of the Russian Federation, and they identify the corresponding threats and opportunities for the Russian Federation.
Specific measures are proposed to stimulate the generation of knowledge and creation of new technologies, to intensify the support of enterprises’ activity in modernization of production.
Keywords: sanctions, economic growth, innovation development, innovation activity, outstripping development
Galina A. Khmeleva, Doctor of Economics, Professor; Valery K. Semenychev, Doctor of Economics, Doctor of Technical Sciences, Professor - Samara State University of Economics.