Volvich Leonid, group 505

List of literature

1. David Willetts, Vince Cable, Innovation and research strategy for growth (8 December 2011). Department for Business, Innovation & Skills, Part of: Research and development, 2011.

Abstract: Draws on recent results from innovation economics, recent policy-related studies, and new innovation data. Whilst innovation is the central source of economic growth, it is changing its scope and forms. Investigates innovation as a system and looks at policy challenges on the need to facilitate knowledge flows, maintain a high-grade knowledge infrastructure, support business investment in conditions of uncertainty, and build an innovating public sector.

2. Vitaly Tupchienko, MACROECONOMIC CONTROL OF INNOVATION ACTIVITY, #1. Change of Leader, VECTOR OF CHANGE, 2015.

Abstract: The article discusses the macroeconomic regulation as a method of economic management, where the control center — the state does not need to study and to evaluate any slightest impact on the system, to give indications to the system elements how to react to it. The paper analyzes major challenges associated with implementation of innovation potential. The main trends of developing innovation potential of Russia are described.

Rationale

In this researching will be analyzed new effective methods of macroeconomic regulation for using in Russia. Object of research are: innovation methods in macroeconomic regulation and their efficiency in Russian economy. The purpose of this research is to prove failure current macroeconomic policy and necessity for a new approach in regulation methods in Russia. This study presents new system of macroeconomic organization with its own principles of operation and innovate methods of regulation of economy. Modern macroeconomic instruments which are discussed in researching also promote more efficiency of Russian economy, its development and help to prevent domestic market instability as a result of world shocks.

Relevance of this theme is associated with recent policy challenges for Russia. This is about western sanctions, policy troubles with Ukraine and oil shocks. Also it is important to say that Russia lags behind in development compared with western countries. So only new approach in macroeconomic regulation can to solve problem.

Glossary

Innovation processes – инновационные процессы

Macroeconomic regulation – макроэкономическое регулирование

Scientific and technological development – научное и технологическое развитие

Social standards – социальные стандарты

method of economic management – метод управления экономикой

implementation of innovation potential - реализация инновационного потенциала

source of economic growth – источник экономического роста

policy challenges – политические вызовы

in conditions of uncertainty – в условиях неопределённости

strategy for growth – стратегия роста