Institutional barriers and perspectives in creating an innovative economy in Russia

Institutional changes are analyzed; estimates are obtained that indicate the negative dynamics of innovative shifts in the economy for a number of parameters, despite to improve some components of the institutional and business environment. In carrying out such an analysis, we distinguished between country specificities and the framework conditions of the institutional environment for innovation. Based on the results of an empirical analysis of the institutional conditions for the creation, absorption and diffusion of innovations in Russia, key institutional constraints are formulated that restrain the innovative activity of domestic enterprises. The research methodology is based on the provisions of the systemic economic theory developed under the leadership of G. B. Kleiner at CEMI RAS. The validity of the conclusions is supported by the latest data from official statistics and major international organizations, as well as confirmed by the results obtained by leading Russian and foreign researchers and experts. The directions for improving the functions of institutions to stimulate, regulate and coordinate the interaction of the participants in innovation processes are proposed, guided by the requirements of the systemic paradigm aimed at harmonizing the interaction of all sectors in an integral socio-economic system in order to concord entrepreneurial activity, develop human potential, and intellectualize the economy.