Assessing the Innovative Solvency of Regional Exports in the Russian Federation

Aim. The presented study aims to develop a methodology for assessing the innovative solvency of exports from Russian regions and to identify the leading exporting regions in the development of the country’s innovative exports.
Tasks. The authors clarify the definition of ‘innovative solvency of regional exports’; develop a methodology for assessing the innovative component of regional exports; test methodological recommendations for assessing the innovative solvency of exports through the example of industrial regions.
Methods. The approach to determining the innovative solvency of regional exports is based on a matrix measurement method using two-component evaluation tools. This method also makes it possible to compare the level of the region’s existing foreign economic relations with the level of the regional production system when considering the latter as a resource and a prerequisite for further increasing the level of innovation in exports; to assess the degree of regional potential realization through a separate comparison of the indicators of commodity production and exports of goods and indicators reflecting the level of production technologies and their exports.
Results. A typology of exporting regions is proposed based on the synthesis of two criteria: the level of development of the innovative component in the exports of the region and the level of development of advanced innovative technologies in the region. The study confirms the hypothesis about the heterogeneity of Russian regions in terms of the innovative component of their exports, which has a direct impact on the development of the corresponding regional development strategies. Of the 34 exporting regions analyzed, only 16 regions can be identified as exporters of innovative goods.
Conclusions. The methodology proposed by the authors makes it possible to qualitatively assess the innovative component of regional exports based on quantitative data, which reveals the potential of the regional production system for innovative production, and to compare it with the existing and projected levels of innovative exports. The practical significance of this study consists in the formation of a list of regions leading in innovative exports, which can be useful for public authorities when adjusting programs aimed at stimulating innovation activity and forming an export-oriented national economy.

1. On the national goals and strategic objectives of the development of the Russian Federation for the period up to 2024. Decree of the President of the Russian Federation of May 7, 2018 No. 204. URL: http://www.kremlin.ru/acts/bank/43027 (accessed on 27.10.2021). (In Russ.).

2. On the Strategy for innovative development of the Russian Federation for the period up to 2020 (with amendments and additions). Order of the Government of the Russian Federation of December 8, 2011 No. 2227-r. URL: https://base.garant.ru/70106124/ (accessed on 27.10.2021). (In Russ.).

3. On long-term state economic policy. Decree of the President of the Russian Federation of May 7, 2012 No. 596. URL: http://kremlin.ru/acts/bank/35260 (accessed on 27.10.2021). (In Russ.).

4. On the approval of the state program of the Russian Federation “Scientific and technological development of the Russian Federation” (with amendments and additions). Resolution of the Government of the Russian Federation of March 29, 2019 No. 377. URL: https://base.garant.ru/72216664/ (accessed on 27.10.2021). (In Russ.).

5. Nikolaev A. Innovative development and innovative culture. Problemy teorii i praktiki upravleniya = Theoretical and Practical Aspects of Management. 2001;(5):75-79. URL: http://vasilievaa.narod.ru/9_5_01.htm (accessed on 27.10.2021). (In Russ.).

6. Somenkova N.S. Innovation potential management in an industrial enterprise. Vestnik Nizhegorodskogo universiteta im. N.I. Lobachevskogo = Vestnik of Lobachevsky State University of Nizhni Novgorod. 2011;(3-1):243-425. (In Russ.).

7. Klimenko L.E. On the question of innovation activity management in the system of organization’s business activity element. Vestnik Belgorodskogo universiteta potrebitel’skoi kooperatsii = Herald of the Belgorod University of Consumer Cooperation. 2009;(4-1):191-194. (In Russ.).

8. Safronova A.A. Maintenance of perspective economic development of economic systems on the basis of increase of their innovative activity. Transportnoe delo Rossii = Transport Business of Russia. 2008;(6):43-46. (In Russ.).

9. Baranova I.V., Cherepanova M.V. Methodological approaches to assessing the innovative activity and innovative potential of the university. Sibirskaya finansovaya shkola = Siberian Financial School. 2006;(4):163-166. (In Russ.).

10. Kovalevskaya D.E. Evaluation of indicators of innovative susceptibility of economic subsystems. Perspektivy nauki = Science Prospects. 2013;(9):132-134. (In Russ.).

11. Osipova O., Borozdina N. Evaluation and classification of the factors restraining region innovative susceptibility. Sovremennye naukoemkie tekhnologii. Regional’noe prilozhenie = Modern High Technologies. Regional Application. 2011;(2):58-63. (In Russ.).

12. Saifullina S.F. Methodology for assessing the innovative capabilities of an enterprise. Ekonomika i upravlenie: nauchno-prakticheskii zhurnal = Economics and Management: Research and Practice Journal. 2013;(6):76-81. (In Russ.).

13. Bierut B.K., Kuziemska-Pawlak K. Competitiveness and export performance of CEE countries. Eastern European Economics. 2017;55(6):522-542. DOI: 10.1080/00128775.2017.1382378

14. Bertarelli S., Lodi C. Innovation and exporting: A study on Eastern European Union firms. Sustainability. 2018;10(10):3607. DOI: 10.3390/su10103607

15. Cieślik A., Qu Y., Qu T. Innovations and export performance: Firm level evidence from China. Entrepreneurial Business аnd Economics Review. 2018;6(4):27-47. DOI: 10.15678/EBER.2018.060402

16. Fassio C. Export-led innovation: The role of export destinations. Industrial and Corporate Change. 2018;27(1):149-171. DOI: 10.1093/icc/dtx028

17. Ozsoy S., Fazlioglu B., Esen S. Do FDI and patents drive sophistication of exports? A panel data approach. Prague Economic Papers. 2021;30(2):216-244. DOI: 10.18267/j.pep.755

18. Brocková K., Grešš M., Karpenko L., Lipková L. Qualitative changes in China’s foreign trade in the era of “new normal”. Ekonomický časopis = Journal of Economics. 2020;68(10): 1126-1151. DOI: 10.31577/ekoncas.2020.10.08