UDS: 658.14/17

Kruglov V.N.

Institute of management, business and technology

Opportunities for innovative growth in the regional economic system

Annotation. The article examines the possibility of innovative development of the real sector of the economy at the regional level. Its relevance is demand for this sector considering the current trends and realities of the world economy.
Estimates the potential of the regions in this way, given the resources available. Predicts possible structural changes by using the knowledge economy.
Provides practical advice of use of innovative management approaches locally to strengthen the competitiveness of economic entities, and manufactured goods.

Keywords. Innovation, region, strategy, dynamics, cluster priorities. Rating, R & d, planning, territorial development, diversification, investments.

Economic development of the Russian Federation in General and the individual business entity depends on many factors. However, it should be recognized that in modern conditions on the foreground of the paradigm of innovative development [1, p. 342]. This trend involves economy, based on scientific knowledge that are embodied in the latest technology, machinery and equipment, which allows to reach a higher level of economic development.

To undertake innovative activities need variety of resources: investment staff with appropriate training, the conditions for conducting innovative research. However, the development of new technology and equipment or their improvement, there are many risks associated with the uncertainty of research results, development time and risks associated with the production and sale of innovative products [2, p. 389]. All this together is quite a serious obstacle on the way of innovative reforms.

Resource management plays a crucial role in the crisis and during the recession. It is quite natural to use it as a tool to enhance the effective management of social and economic processes at all levels of social organization, as in these conditions it undergoes significant changes [3, p. 352].

Another tool for achieving the economic goals of regional development is an innovative development strategy. Innovation strategy development should be subordinated to General strategy, it sets goals for innovation activities, the choice of means of their achievement and the sources of these funds.

Innovative development strategies that create a very challenging environment for project management, which include [4, p. 13]: - increase the level of uncertainty of the results;

- increase the investment risk of projects;

- strengthening the flow changes due to innovative restructuring.

Overcoming problems of development of economic systems in the regions, developing practical solutions, changing organizational forms and methods of management of regional economy and industrial system, based on the experience of crisis management, should be based on the design approach, as in this case, proposals take the form of creating new structures.

Next, you need to figure out what functions are being performed effectively, which in General is lost and not fulfilled, and that is functioning inefficiently. This becomes especially interesting: will changing the objectives in the development of the requisite change of function and the need for new organizational forms?

It is desirable to clarify the goals and objectives of the regional development system, choose the main directions of development, to formulate the basic theses of the program of development of regional economy [5, p. 23].

Regional authorities usually have limited tools to impact the economy of the region, therefore, an important Federal component, including the relevant legislation. In addition, the regions vary in structure, quality of labor and natural resources, their composition, production and technological capabilities. It actually determines the specialization of the regional economy.

The cost of technological innovation will ultimately lead to the increase of the production of innovative products. Comparison of the volume of innovative products and the cost of technological innovation will show the efficiency of such costs. But, when comparing the ratio of the volume of innovative goods and expenditures on technological innovation for a certain period, it must be borne in mind that expenditures made in a certain period can influence the increase of the volume of innovative products manufactured not only in this but also in subsequent periods. And also the volume of innovative products manufactured in a certain period may depend on expenses made previously.

Innovative activity of enterprises must be ongoing, aimed at further economic growth, improvement of used technologies and equipment for the production of more quality product.

But not every region can fully implement this option. There are other reasons hindering the innovation activity of enterprises in the regions. These include the geographical location of the region, climatic conditions, availability of minerals and other resources, historical conditions, specialization of the region, and others have Also an important role belongs to the state support of innovative activity of enterprises. All these factors have a direct impact on the innovative activity of economic entities.

Considering the above we can conclude that innovation activities at the regional level, planned this way, will influence not only the economic development of the region, but also on the economic development of the country as a whole.

Literature.

1. Kruglov V. N. Forms and methods of innovation development of economy in the regions of the Russian Federation. /V. N. Kruglov//Audit and financial analysis. – 2011. – No. 5. – pp. 341-346.

2. Kruglov V. N. The creation of an integrated system for the implementation of priority national projects (on the example of Kaluga region). /V. N. Kruglov// Audit and financial analysis. – 2011. – No. 4. – pp. 384-393.

3. Kruglov V. N. Strategic planning of development of industrial complex of the Kaluga region till 2020: an integrated approach. /V. N. Kruglov// Audit and financial analysis. – 2011. – No. 4. – p. 351-368.

4. Kruglov V. N. Some aspects of program-oriented support of innovative development in the Russian Federation. /V. N. Kruglov//Economic analysis: theory and practice. – 2011. – No. 31. – p. 12-16.

5. Kruglov V. N. Factors of innovative development of Russian economy at the present stage. /V. N. Kruglov// Regional Economics: theory and practice. – 2011. – No. 25. – p. 22-26.