DIRECTIONS OF IMPROVEMENT AND DEVELOPMENT OF STATE SUPPORT MEASURES FOR INNOVATIVE ENTREPRENEURSHIP IN THE RUSSIAN FEDERATION


Muthana A.S.A.

The article substantiates the need to develop innovative entrepreneurship as a factor of economic growth and its competitiveness in modern conditions of globalization and rapid development of technologies and the knowledge economy. The current directions of state support for the innovative sector of the economy in the context of the strategy of innovative development of the Russian Federation for the period up to 2020 are considered. The relevance of summing up the results of the implementation of the positions of this document and selection of promising areas and ways of further state support for innovative entrepreneurship is emphasized. The article analyzes achievements in the field of innovative development of the economy, compares the level of innovative development in Russia and other countries on the basis of international ratings, and shows the dynamics of indicators of innovation activity in different sectors of the domestic economy. The main barriers to innovative development are identified and ways to overcome them with the help of state regulation measures are proposed. Among the barriers of effective implementation of state programs, the chaotic nature of legislation and disjointed actions of state support are noted. Attention is focused on the role of small and medium-sized businesses as the most financially vulnerable segment of the economy and at the same time promising in terms of its contribution to the economic and innovative development of the country. Keywords: innovative entrepreneurship, innovations, state support, measures of state support, innovative activity. Highlights: ♦ the public administration system of the Russian Federation provides for a number of measures to support innovative entrepreneurship, since this largely affects the development of the economy and its competitiveness; ♦ the main problems of innovative entrepreneurship state support include chaotic legislation and inconsistent state support programs, low efficiency of innovation infrastructure, and financial vulnerability of small and medium-sized innovative entrepreneurship.

Ali S.A. Muthana, Post-graduate student, Samara State University of Economics.


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