The effectiveness of the country economy and its individual subjects is a cumulative concept combining many indicators including the amount of resource cost for production operations, the effectiveness of the work performed, the level of implementation of advanced ideas which in combination suggests that there are industrialization processes and following the innovation path of development. It is the level of development of innovation activity that allows not only to form sets of core competences among economic agents but also to fully satisfy consumer needs, improving the standard of living and well-being of the population. Overwhelmingly, the development strategies of the regions of the Russian Federation are based on an innovative path, which predetermines the application of the principles of new industrialization throughout the country. It should be noted that the implementation of the innovative path is associated with a significant number of barriers, overcoming of which requires a systematic approach with the inclusion of not only economic agents, but also regional authorities. In this part, the priority tasks include the creation of an institution that collects, accumulates, analyzes information on existing innovation processes in the territory, defines a list of problems that impede the effective implementation of innovations, and has tools to promote innovation. Forming such an institution will allow regional authorities not only to have a full range of information on the processes taking place in the field of innovation , to respond quickly to potential changes, but also to interact with the subjects of this process in terms of providing the required level of support. Thus, it is at the level of territorial administration that a structure should be created that combines the described functions and allows all economic agents to fully implement existing ideas and projects, that is, follow the innovative path and participate in the implementation of new industrialization.