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Institutions, resources and the Russian national innovation system or why we face hurdles in preparing "the innovation soup"

Institutions, resources and the Russian national innovation system or why we face hurdles in preparing "the innovation soup"

Journal of Institutional studies, , Vol. 6 (no. 4),
p. 51-64

The Russian national innovation system is addressed in the context of various effects of a changing institutional environment and other factors that determine qualitative characteristics of economic development. High rates of educational attainment, stringent and focused innovation policy and qualitative institutions are assumed as key enablers for the innovative development of a country. National peculiarities of the financing of higher education and innovations have been examined in the paper. Much attention has been paid to the issues associated with commercialization of publicly funded research and development. The process of technology transfer and knowledge spillover is analyzed in the context of the Russian specific institutional environment. It is assumed that specific institutional characteristics of a country determine the conditions of functioning for those going concerns that operate in the realms of national science, education and innovations. Moreover, the extent to which these institutions are complementary to existent inner and international institutions and mechanisms of regulation will determine the opportunities for prosperity of a country or, on the contrary, it can lead to inefficiency of a national innovation system.

Keywords: institutional environment; institutions; national innovation system; education; government policy


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