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National Innovation System and Its Role in Increasing GDP Per Capita (Evidence from Russia)

National Innovation System and Its Role in Increasing GDP Per Capita (Evidence from Russia)

Journal of Economic Regulation, , Vol. 9 (no. 1),

This study aims to determine the impact of different national innovation system dimensions on the GDP per capita in Russia. In order to achieve this aim, elements of the national innovation system in Russia were analyzed according to the different dimensions (innovation dimension, economic dimension and institutional dimension), during the period 2000–2016. The empirical study includes 23 variables represent different aspects of national innovation system. All these variables were composed into three factors correspond to dimensions of national innovation system. This study concludes that there is a significant relationship between GDP per capita and both the innovation and economic dimension. However, there is no relationship between GDP per capita and the institutional dimension of the national innovation system. This study provides a set of proposed policies to enhance the role of the institutional dimension in the process of developing the national innovation system in Russia.

Keywords: national innovation system, innovative activities, knowledge economy, knowledge society, innovation capacities

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