Development institutions and their influence on innovation activities of economic subjects in Russia

Abstract

Purpose: to clarify the economic content of development institutions, to identify key factors, that influencing the effectiveness of development institutions in relation to the Russian economy, to analyze the impact of development institutions on innovative activities of economic subjects. Discussion: authors reviewed basic theoretical principles that concern the content of the development institutions, drew attention to the mechanism of the impact of development institutions on innovative activities of economic subjects.
Results: authors clarified the nature of development institutions, the classification of the main factors, that influences on efficiency of development institutions and highlighted areas of impact of development institutions on innovative activities of economic subjects.