Innovative Development in Northern Russia Assessed by Triple Helix Model

Abstract

This paper considers issues related to assessing the level of innovative development in the northern regions of Russia. A comparative assessment of the level of innovative development in seven regions of the Far North of Russia (FNR) for 2017 was carried out based on statistical data from the composite integrated index. A version of the Triple Helix (TH) econometric model served as the foundation for the assessment. This article presents the analytical results according to three elements of the TH model: the effectiveness of research and development (science), the effectiveness of innovation (industry), and budget expenditure on science and innovation (government). Regional innovative profiles were built during the analysis, which helped identify the strengths and weaknesses of the influence of science, business, and government on the development of innovative activities in the region. The results of such ratings make it possible to assess the comparative advantages and disadvantages of specific regions for further analysis. The data can be used in program documents on the region’s innovative development. The methodology proposed for an innovation activity rating can help predict the main development trends of the entire territory of the Far North. Finally, it can be applied to other regions and countries if relevant statistical information is available