Abstract
The article is devoted to the analysis of the role of economic freedom of entrepreneurial activity and its impact on innovative processes in the country’s economy. Analyzing the various definitions of economic freedom, the authors propose their own: economic freedom is an opportunity to improve one’s life with one’s own actions; it implies the right to choose, the right to an equal start in the absence of discrimination, the opportunity to take advantage of the results of the choice. In the narrow sense of the word, this is freedom of entrepreneurial activity; in the broadest sense it is also freedom of professional, consumer, property, financial choice. The authors believe that economically free citizens can only make a steady demand for political freedoms. The results of international studies, in particular, the data of the Heritage Foundation, show that the level of economic freedom in Russia is low. These studies characterize economic freedom in the narrow sense of the word. To assess the level of economic freedom in its broadened understanding it is necessary to take into account the possibilities of professional self-realization, the level of security of property, financial assets, savings. Such aspects of economic freedom in Russia have not been adequately researched. In the opinion of the author, they, like the freedom of entrepreneurship, are poorly provided with institutional support. The article shows that the level of innovation activity in the Russian economy is low and continues to decline. The main reason is insufficient demand for innovations from economic entities due to insecurity of property, savings, weak enforcement, excessive state pressure. An increase in the degree of economic freedom is necessary for the country’s innovative development. The solution of this problem requires broad government and public support, the consistency and political will of the country’s leadership.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Arapbaev, A.A.: To the category “economic freedom”: theoretical and normative bases. Symbol of Science, no. 3–3(15), pp. 156–160 (2016)
Kamaev, R.F.: Analysis of the company’s economic freedom. In: New Science: Strategies and Vectors of Development, no. 5–1. Publishing House “Agency for International Studies”. Ufa, pp. 122–126 (2015)
Bodrov, O.G.: Economic Freedom of Economic Entities. Publishing House Kazansk, Kazan, 217 p. (2003)
Shulgin, V.A.: Economic freedom a new look. In: Proceedings of the IV International Scientific Conference “Recent Research in Modern Science: Experience, Traditions, Innovations” (2017)
Miller, T., Kim, W.: 2017 Index of Economic Freedom. A. B. Heritage Foundation, p. 19 (2017)
Kane, T.H., O’Grady, K.R.: 2007 Index of Economic Freedom. M.A. Heritage Foundation, p. 11 (2007)
Garina, E.P., Kuznetsov, V.P., Egorova, A.O., Garin, A.P., Yashin, S.N.: Formation of the system of business processes at machine building enterprises. Eur. Res. Stud. J. Ed. 19(2 Special Issue), 55–63 (2016)
Linnder, I., Strulik, H.: Why not Africa? – Growth and welfare effects of secure property rights. Public Choice 120(1), 143–167 (2004)
Doing Business: A World Bank Group Flagship report (2017). http://russian.doingbusiness.org/reports/global-reports/doing-business-2017
Rodin, A.V.: Management of small business development at the state level. In: Rodin, A.B. Challenges of the XXI Century: State, Municipal, Corporate Governance: Materials of the International Scientific and Practical Conference. The Kuban state University, Krasnodar (2015)
Kuznetsov, V.P., Garina, E.P., Andriashina, N.S., Kozlova, E.P., Yashin, S.N.: Methodological solutions for the production of a new product. In: Collection: Managing Service, Education and Knowledge Management in the Knowledge Economic Era - Proceedings of the Annual International Conference on Management and Technology in Knowledge, Service, Tourism and Hospitality, SERVE 2016 4th, pp. 59–64 (2017)
Mizikovsky, I.E., Bazhenov, A.A., Garin, A.P., Kuznetsova, S.N., Artemeva, M.V.: Basic accounting and planning aspects of the calculation of intra-factory turnover of returnable waste. Int. J. Econ. Perspect. 10(4), 340–345 (2016)
Kuznetsova, S.N., Garina, E.P., Kuznetsov, V.P., Romanovskaya, E.V., Andryashina, N.S.: Industrial parks formation as a tool for development of long-range manufacturing sectors. J. Appl. Econ. Sci. 2(48), 391–401 (2017)
Lebedinskaya, O.G., Timofeev, A.G.: Innovative activity of small businesses at the present stage. In: Innovative Development of the Russian Economy: Materials of the Xth International Scientific and Practical Conference, 27 October 2017, T. 3, Moscow, p.321 (2017)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Mazin, A.L., Kuznetsov, V.P., Shmeleva, N.V., Kabanov, S.S., Nazarova, Z.M. (2020). Increasing the Level of Economic Freedom as a Condition of Innovative Development of Russia. In: Popkova, E. (eds) Growth Poles of the Global Economy: Emergence, Changes and Future Perspectives. Lecture Notes in Networks and Systems, vol 73. Springer, Cham. https://doi.org/10.1007/978-3-030-15160-7_93
Download citation
DOI: https://doi.org/10.1007/978-3-030-15160-7_93
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-15159-1
Online ISBN: 978-3-030-15160-7
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)