Abstract: In an emerging new type of economy, the process of innovation is becoming a decisive factor in ensuring competitiveness and sustainable development in a wide range of areas. The latter includes the scientific and technical sector, as well as the areas of management and social transformation. Sustainable economic development aims for rapid growth along with the building and implementation of innovative capacity, bringing local and national economies into line with market standards, and improving performance through innovation. The article identifies and quantifies the most important factors of the innovation environment that affect sustainable development in the regions of the Volga Federal District [VFD]. The study used methods of correlation and regression analysis. The current concept of the positive impact of innovative factors on the development of regions is further confirmed and supplemented by the regression models we have compiled for individual regions and the Volga Federal District as a whole. When assessing the impact of innovations on the gross regional product in the regions of the Volga Federal District, we identified the introduction of advanced industrial technologies in the constituent entities of the Volga Federal District as the most influential factor. The results of the study can be used in the development of regional strategies for innovative development and its forecast.

Cite: Topoleva T.
Econometric estimation of the Influence of Innovative environment on the sustainable development in the Volga Federal District
E3S Web of Conferences. 2023. V.371. 05031 :1-14. DOI: 10.1051/e3sconf/202337105031 Scopus OpenAlex

Dates:

Published online:

Feb 28, 2023

Identifiers:

Scopus:	2-s2.0-85149634242
OpenAlex:	W4322708361

Citing: Пока нет цитирований

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