Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

Innovative Potential of the National Innovation System of the Russian Economy for Building a Digital Economy

Authors
I S Prokhorova, A V Zakharova
Corresponding Author
I S Prokhorova
Available Online 17 March 2020.
DOI
https://doi.org/10.2991/aebmr.k.200312.109How to use a DOI?
Abstract
The article considers the readiness of the national innovation system of Russia to implement the technological concept of industry 4.0 and digitalization of the economy on the basis of the methodology of innovative potential of the object of innovation. Indicators of global economic growth such as state of the labor market, capital market and performance of technology of the economy, as well as indicators of the global innovation index as a tool of global competitiveness in the development of the digital economy, characterizing the provision of innovation resources and the results of innovation in the economy were used as the basic characteristics of the innovative potential of Russia. The study showed that Russian economy has sufficient intellectual potential and willingness of labor resources to use technology. However, the lack of financial sources for financing innovation entails a number of negative consequences: low innovation activity in manufacturing industries, and insufficient introduction of high technologies in business, weak development of small innovative business in the country, insufficient investment attractiveness of the information technology sector due to low creative activity and insufficient intangible value of business in this sector. The reliability of the research conclusions confirms their coincidence with the results of studies of the digital economy in Russia, conducted by other methods.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Volume Title
Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
17 March 2020
ISBN
978-94-6252-929-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200312.109How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - I S Prokhorova
AU  - A V Zakharova
PY  - 2020
DA  - 2020/03/17
TI  - Innovative Potential of the National Innovation System of the Russian Economy for Building a Digital Economy
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 773
EP  - 783
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.109
DO  - https://doi.org/10.2991/aebmr.k.200312.109
ID  - Prokhorova2020
ER  -