Tendencies of Interaction between Russian Universities and Companies Implementing Innovative Development Programs

Vladimir A. Pastukhov, Nikolay S. Kliman, Dmitry S. Alekseev
European Research Studies Journal, Volume XXI, Issue 1, 686-707, 2018
DOI: 10.35808/ersj/980


The main aim of this article is to analyze key indicators and trends of global innovative development and their role in development. Attention is given to the consideration of several mechanisms of interaction between universities and state companies, with concrete measures and steps that can be used in economic policy.The authors analyze the real experience of the Russian economy now. Based on collected data for the total volume of R&D, revenues and the number of patents, regression models were constructed to determine the relationship between the named indicators.Recommendations and innovative ideas to improve the economic policy are given to achieve the goals and to justify the use of mechanisms of "compulsion to innovate" in state companies for the implementation of more productive development programs.

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