Economic Development of Orenburg Region Innovative Potential: An Analysis of Prospective Areas

Abstract

In the article, the author substantiates the urgency of the need to develop the innovative potential of the Orenburg region as a territory through which the New Silk Road will pass. The problems of implementing innovations in the Orenburg region and factors contributing to and hindering radical transformations (such as technological progress, a group of growth factors of consumer requirements, factors of reducing reliability, factors of market change, factors of increasing requirements in the field of energy efficiency and environmental security) identified on the basis of statistical analysis indicate a discrepancy between the state of the territory of the Orenburg region and the requirements of the external economic environment, which requires further development of the innovative potential of the territory. It is concluded that it is necessary to implement innovative business projects on the territory of the Orenburg Region, given its border position, which facilitates access to the most effective world technologies. This is an open access article distributed under the CC BY-NC 4.0 license -http://creativecommons.org/licenses/by-nc/4.0/. 180 deviations, comparisons, vertical and horizontal analysis. The selected methodological basis made it possible to analyze the innovative potential of the Orenburg region, identify influencing factors and determine the further vector of its development.