Innovation Development of the FEFD Regions: Rating Methodology

Abstract

The innovation development of the Far-Eastern Federal District (FEFD) was considered. It was defined that in accordance with the Association of the innovative regions of Russia most of the FEFD regions fall in to the category of the medium–low innovators indicating the low level of the innovation development. The constraining factors which retard the innovation development of the Far East were determined in the report. We used the methodology which gave consideration to internal specificity of the region. The system of indicators which are responsible for rating of the region’s innovation development is composed of five projections characterizing the different aspects of the innovation development. It turned out that the “Scientific-technical potential” has the least value among all the presented projections. Meanwhile, the reasonably good socio-economic conditions for innovation activity (F1) were provided in the FEFD. The average value of F1 for all constituent entities is maximal.