Financial Provision of Innovative Activity in the Russian Economy

  • S. P. KyurdzhievEmail author
  • E. P. Peshkova
  • A. A. Mambetova
Conference paper
Part of the Smart Innovation, Systems and Technologies book series (SIST, volume 138)


Subject of article – development of theoretical provisions and methodical approaches to financial security of innovative activity. The work purpose – is to determine the criteria for priority directions of the state financial support of innovative activity as main measure for improvement of efficiency of use of limited financial resources, based on justification of need of the state assistance to financial security of innovative processes and development of a technique of influence of financing of innovative activity at a size of gross domestic product. The hypothesis of a research is based on objective need of improvement of the directions of the state financial support of innovative processes that assumes modernization of the existing theoretic-methodical approaches to financing of innovations on the basis of differentiation of sources and methods of financing depending on stages of innovative activity for the purpose of modelling of dynamics of gross domestic product on sources of her financing. Methodological bases of the system approach and economic-mathematical modelling are applied: grouping methods, abstractions, comparisons, which enable to determine the links between the volumes of financing and the introduction of innovations into the economy of the country; methods of correlation-regression analysis, which makes it possible to establish a connection between the volumes of financing scientific and technological developments, innovation activities and GDP volumes. The offered approach can be used by government institutions in the context of definition of the priority directions of innovative activity.


Innovation Innovation activity Financial provision Modeling of GDP 


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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • S. P. Kyurdzhiev
    • 1
    Email author
  • E. P. Peshkova
    • 1
  • A. A. Mambetova
    • 2
  1. 1.Russian Presidential Academy of National Economy and Public Administration (RANEPA)Rostov-on-DonRussia
  2. 2.Rostov State University of Economics (RINH)Rostov-on-DonRussia

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