Scenario of Hi-Tech Growth of Innovative Economy in Modern Russia

  • Anna I. PakhomovaEmail author
  • Rustam A. Yalmaev
  • Elena V. Belokurova
  • Larisa V. Shabaltina
Conference paper
Part of the Lecture Notes in Networks and Systems book series (LNNS, volume 91)


Purpose: The purpose of the paper is to determine the current scenario according to which innovative economy is developing in modern Russia and to develop recommendations for transition (or improvement) to scenario of hi-tech growth.

Design/methodology/approach: The methodological research base includes structural analysis, correlation and regression analysis, scenario development, and graphical methods.

Findings: The results of the performed analysis showed that in modern Russia (2019) innovative economy is implemented according to scenario of low-tech and medium-tech growth, which does not allow Russian entrepreneurship to conquer the leading positions in the world markets of hi-tech products and envisages delayed development as compared to developed countries. Implementation of innovations in entrepreneurship envisages its temporary competitive advantages, due to which effectiveness of innovative activities is low.

Originality/value: For practical implementation of the Strategy of innovative development of the Russian Federation until 2020, adopted by the Decree of the Government of the Russian Federation dated December 8, 2011, No. 2227-p, it is offered to correct the development of innovative economy in Russia and ensure its implementation according to scenario of hi-tech growth. As the key factor of development of hi-tech production in Russia is expenditures for R&D it is recommended to increase them.


Hi-tech growth Innovative economy Sustainable advantages Innovations Modern Russia 

JEL Code

C41 O31 O32 O33 O38 O47 


  1. Bezrukova, T.L., Popova, E.V., Korda, N.I., Kuznetsova, T.E., Bezrukov, B.A.: Institutional traps of innovative and investment activities as an obstacle on the path to the well-balanced development of regions. Contrib. Econ. (9783319606958), 235–240 (2017)Google Scholar
  2. Bogoviz, A.V.: Industry 4.0 as a new vector of growth and development of knowledge economy. Stud. Syst. Decis. Control 169, 85–91 (2019)CrossRefGoogle Scholar
  3. Mateut, S.: Subsidies, financial constraints and firm innovative activities in emerging economies. Small Bus. Econ. 50(1), 131–162 (2018)CrossRefGoogle Scholar
  4. Nuruzzaman, N., Singh, D., Pattnaik, C.: Competing to be innovative: foreign competition and imitative innovation of emerging economy firms. Int. Bus. Rev. 2(1), 46–54 (2018)Google Scholar
  5. Popkova, E.G.: Contradiction of economic growth in today’s global economy: economic systems competition and mutual support. Espacios 39(1), 20 (2018)Google Scholar
  6. Popkova, E.G., Sukhodolov, Y.A.: Theoretical aspects of economic growth in the globalizing world. Contrib. Econ. 5–24 (2017)Google Scholar
  7. Pritvorova, T., Tasbulatova, B., Petrenko, E.: Possibilities of Blitz-psychograms as a tool for human resource management in the supporting system of hardiness of company. Entrep. Sustain. Issues 6(2), 840–853 (2018). Scholar
  8. Richter, C., Kraus, S., Brem, A., Durst, S., Giselbrecht, C.: Digital entrepreneurship: Innovative business models for the sharing economy. Creativity Innov. Manage. 26(3), 300–310 (2017)CrossRefGoogle Scholar
  9. Sergi, B.S., Popkova, E.G., Bogoviz, A.V., Ragulina J.V.: Entrepreneurship and economic growth: the experience of developed and developing countries. In: Entrepreneurship and Development in the 21st century, pp. 3–32. Emerald Publishing Limited (2019)Google Scholar
  10. Sibirskaya, E., Popkova, E., Oveshnikova, L., Tarasova, I.: Remote education vs traditional education based on effectiveness at the micro level and its connection to the level of development of macro-economic systems. Int. J. Educ. Manage. 33(3), 533–543 (2019). Scholar
  11. Sitanggang, A.S.: Information systems interest talent in developing system (Independent and innovative creative economy) on child with special needs disabled in Bandung City. IOP Conf. Ser. Mater. Sci. Eng. 407(1), 012133 (2018)CrossRefGoogle Scholar
  12. Vanchukhina, L.I., Leybert, T.B., Khalikova, E.A., Khalmetov, A.R.: New approaches to formation of innovational human capital as an element of institutional environment. Espacios 39, 22–32 (2018)Google Scholar
  13. World Bank: Data catalog: indicators (2019). Accessed 26 May 2019
  14. Government of the Russian Federation: Decree dated December 8, 2011, No. 2227-r, “Strategy of innovative development of the Russian Federation until 2020” (2019). Accessed 26 May 2019
  15. Federal State Statistics Service of the Russian Federation: Russia in numbers – 2018: statistical collection (2019). Accessed 26 May 2019

Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Institute of Service Sphere and Entrepreneurship (branch) of Don State Technical UniversityShakhtyRussia
  2. 2.Chechen State UniversityGroznyRussia
  3. 3.Tyumen Industrial University (Nizhnevartovsk branch)NizhnevartovskRussia
  4. 4.Plekhanov Russian University of EconomicsMoscowRussia

Personalised recommendations