INVESTMENT AND INNOVATION STRATEGIES OF TRANSFORMATION OF FOREIGN ECONOMIC COMMERCIAL RELATIONS OF THE REGION IN THE CONTEXT OF GLOBALIZATION

DOI: 10.36871/ek.up.p.r.2021.07.02.001
UDC 339.544

Authors

V. V. VELIKOROSSOV,
Doctor of Economics, Professor, Department of Organizational and Administrative Innovations, Plekhanov Russian Economic University, Russia, Moscow
Ya. KAYLI,
Student of the Faculty of Management, Plekhanov Russian University of Economics, Moscow, Russia
Yu. V. KORECHKOV,
Doctor of Economics, Professor of the Department of Economics and Accounting and Analytical Activities, International Academy of Business and New Technologies, Moscow, Russian Federation

Abstract

The purpose of the article is to determine the innovative orientation of the development of foreign economic relations of the region, taking into account the peculiarities of global development. The article analyzes the level of innovative activity of enterprises and organizations of Russia, the subsidization of subjects of the Russian Federation. It was concluded that the innovative orientation of the development of foreign economic commercial relations of the region includes the orientation of all spheres and industries towards the comprehensive search for new ideas, the use of innovations, and the increase in the effectiveness of the regional economy to increase the degree of meeting the needs of society.

Keywords

innovative orientation, innovative process, foreign economic relations, regional activity, export orientation.