Features of State Regulation of the Economy in Terms of Its Transition to Innovative Way of Development

Abstract

The article discusses the main directions of state regulation of the economy and one of the most important its components -innovative activity. We justify the need for state regulation, analysis of models and mechanisms for the construction of national innovation policy, facilities and areas of scientific and technological development of the country. We give guidelines to improve the mechanisms of state regulation of innovative activity, tools for implementation and evaluation of its effectiveness.

The Peculiarities of State Regulation of Innovation Activities of Enterprises in the Global Economy

“…The theoretical issues underlying state regulation of economies are examined by numerous current authors, in which they substantiate the necessity of state regulation of economic systems, discuss the level of necessary state interference into the workings of market processes, and determine the top-priority spheres of state regulation. Authors who have addressed these issues include (Adigamova, Safiullin, & Tufetulov, 2014;Bagautdinova, Malakhov, Vardanyan, & Shakhnina, 2014;Guerriero, 2013;Veselovsky, Abrashkin, Aleksakhina, & Pogodina, 2014;Zobova, Zagladina, Safiullin, & Malganova, 2014 etc.). Within state regulation of an economy, a policy of freetrading can be implemented, which aims at developing national markets and stimulating free competition (Dzeverina, 2013).…”

Important Aspects Of Forming And Realisation Of Region’s Innovation Strategies

“…At the same time, the innovation strategy of the region should coincide with the vector of social and economic development of the state set by the Government of the Russian Federation . Increasing the effectiveness of innovation is a consequence of the growth of innovation activity, which, moreover, is an instrument for achieving important social and economic targets (Veselovsky, Abrashkin et al, 2015;Veselovsky, Gnezdova et al, 2015). However, the creation of an innovative regional strategy contributes to the formation of a favourable climate in the region to stimulate innovation in all spheres of society.…”

The Description of Unfair Competition under the Current Legislation of the Russian Federation

“…11, No. 21;2015 In this case courts reasonably conclude that the use of means of goods, works and services individualization when goods are put into circulation with the consent of the trademark holder does not set off all elements of unfair competition.…”

“…11, No. 21;2015 began to form European legislation aimed to restrict unfair competition. Under this article an act of unfair competition is any act of competition which is in conflict with honest practices in industrial or commercial matters and including all acts capable to create confusion towards the company, products or industrial or trade activities of a competitor, and statements capable to discredit the company and products or industrial or trade activity of a competitor or to put the public across the nature and manufacturing process, the characteristics, the suitability for use or quantity of goods.…”

“…Therefore, the society insures itself by opposing the monopolization of markets by state regulation of their manifestations. (Veselovsky at al., 2015) …”