Economic Innovation as a Factor in Property Reproduction (Part 1)

Abstract

The Russian economy has fallen behind in terms of technological development, despite numerous programs and strategies, as well as because priorities for innovative development, emphasized by the Russian government long ago, are now less evident. Aim . This study aims to examine the key aspects of innovative economic development through the lens of property reproduction and the quality of labor force as essential components of the society’s production. Materials. This study uses general methods of scientific cognition, results of foreign studies, and evaluation data provided by the Russian Federal State Statistics Service. Results. The methodological heterogeneity of the innovation policy is determined. An inherent problem of the management system, labeled “second-person opportunism,” is determined and substantiated. The study discusses the emerging threat of marginalization of a large part of the population, which comprises the country’s main labor force, finding that inefficient institutions often are reproduced during property reproduction.