Kurchenkov V.V., Makarenko O.S., Sokolov S.N. Features and Significance of Innovative Activities of State Corporations in Development of Regional Economy

Vladimir V. Kurchenkov
Volgograd State University, Volgograd, Russian Federation
Olga S. Makarenko
Volgograd State University, Volgograd, Russian Federation
Sergey N. Sokolov
Volgograd State University, Volgograd, Russian Federation

Abstract. The article discusses the features of the functioning of state corporations, their subsidiaries and holdings in the creation and production of innovative products, introduction of new technologies in the development of industries and the social sphere. The main directions of innovative activities of state corporations are presented (on the example of Rostekh State Corporation, Rosatom State Corporation, Roscosmos State Corporation), connected with the implementation of educational activities in the field of science and innovation development, research and development, participation in the implementation of federal targeted projects and programs, development of technological platforms. A model of open innovation is described, which makes it possible to attract external sources for the search for new ideas and projects. The influence of innovative activity of state corporations on the development of specific regions was established. In addition to territorial presence of specific subsidiaries of corporations, there is active interaction with the government of the regions and city administrations. Joint projects of industrial, infrastructural and social type are being realized. Besides, the article gives a description of regional investment structure of the state corporations being part of “VEB.RF”, approved for financing projects in the territory of a specific federal district. It was found that the innovative activity of state corporations has impact not only on internal success and the production of its own competitive products, but also creates positive prerequisites for the further development of external innovations, contributes to the introduction of new technologies in a number of strategically important industries. The conclusion is made that it is necessary to develop further the innovative activities of state corporations in order to promote regional innovative activity connected with the joint implementation of priority projects in key areas of industry, development of hightech industries, introduction of innovations in education, science, medicine and the economy as a whole.

Key words: state corporation, innovations, innovation activities, regional development, open innovations, public sector of the economy, innovative development program, technology platform.

Citation. Kurchenkov V.V., Makarenko O.S., Sokolov S.N., 2022. Features and Significance of Innovative Activities of State Corporations in Development of Regional Economy. Regionalnaya ekonomika. Yug Rossii [Regional Economy. South of Russia], vol. 10, no. 3, pp. 36-45. (in Russian). DOI: https://doi.org/10.15688/re.volsu.2022.3.4

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