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

Abstract

This study continues a series of academic papers on the problems of innovative development of the Russian economy. This study is conducted as part of a research project on the following subject: “strategic management of the development potential of socio-economic systems at different levels from the perspective of national security”. Aim. This study is aimed at examining the causes of low innovativeness in the Russian economy and its effect on property reproduction. Methods. 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 major criteria comprising problematic aspects of economic innovativeness formation and their effect on property reproduction are identified and substantiated, including deindustrialization, labor satisfaction, and specificity of demand for innovation. It is established that a new methodology is required to solve the problems in question. Such an approach should allow the current trends and features of socio-economic development in Russia to be determined, paying due attention to the existing economic paradoxes.