Formation of Innovative Strategies of Regional Economic Development

Abstract

The new contours of innovative development of economic systems associated with the appearance of network models of innovation and new types of innovation: social, sustainable, user and inclusive, differ from the traditional approach to the functioning of the raw material model of the economy. The role and place of innovation infrastructure of economic systems in the development of national innovation systems remain paramount. In this research, the essence of the definition of "innovation infrastructure" in relation to economic systems is supplemented and expanded. In doing so, it specifies the factors providing the formation of the infrastructure of innovative activity of the economic systems which have an impact on the innovativeness of elements of economic systems at the micro-, meso-and macro level. The subject-object structure of information infrastructure of innovative activity of economic systems including business environment, innovative environment, information environment and communication environment is proposed. In addition, it also proposes the model of development of infrastructure of innovative activity focused on technological innovations on the basis of implementation of technological platforms. The worked-out model of development of technological infrastructure of innovative activity of the economic system (macro level) contains the directions of transformation of the meso-and micro level where a special role is assigned to the creation of free economic zones which contribute to the development of new forms of interaction of the R&D sector with the real sector of the economy, which will increase the susceptibility of the economic system of Russia and society as a whole to innovation and lead to the development of technological entrepreneurship and the formation of an innovative economy of a new type.

Research on the Impact of Innovation on Regional Economic Growth

“…Establishing technology transfer institutions facilitates the effective conversion of research outcomes into tangible productivity by offering support in technology transfer, patent applications, market promotion, and licensing agreements. Additionally, relevant policies supporting education, training, and talent attraction in the field of technology should be implemented to foster a skilled workforce capable of driving innovation and contributing to regional economic progress [7].…”

Application of Artificial Neural Networks for Predicting the Stock Price in Law

“…( ) -mathematical expectations of input parameters, -power in the interval [ , ], -zoom level. Tables 1 and 2 show the results of training and forecasting for both scale-based and non-scale input data [22]. The most successful described experiments are experiment # 5 for the neural network shown in Figure 1, b, and experiment #8 for the neural network shown in Figure 1,a.…”