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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.

The purpose of the study is to consider the development level of innovative perspective based on prioritization, putting in the first place the industrial sector as the quintessence of all activities in the region. Innovative transformations are an integral part of the strategy implementation for the development of the economy of the Russian Federation in general and regional strategies in particular. At the same time, each of the participants in innovation activities seeks to save them, which leads to the search for less resource-intensive or alternative technologies, to consider the possibility of using elements of outsourcing or engaging regional authorities in the implementation. In most cases, when forming views on innovation processes, the sectoral complex as a whole is considered, which does not take into account the peculiarities of the functioning of individual sectors. The results of the study can be useful for meeting the conditions of the compliance of the goals and objectives of the region’s innovative development, the common vision of project investment, the dynamics of the industrial sector development will be met, and the foundations for the further projection of the proposed tools to manage the economies of the regions and the country.