Abstract:

The article is devoted to assessing the dynamics of innovative productivity of regions and the effectiveness of capital expenditures on technological innovation. The structural shift index and the incremental capital output ratio were used as assessment tools. The assessment was carried out in the context of the federal districts of Russia and the regions of the North-West of the country. The analysis revealed a tendency to relatively small shift the structure of innovative products and a tendency to increase the discrepancy between the structure of products as a whole and the structure of innovative products by regions. Regions were identified where the increase in capital expenditures for technological innovation exceeds the increase in innovative products, which is not clear evidence of the ineffectiveness of capital expenditures, but requires a thorough analysis of the situation. The approach used in the work and the conclusions drawn can be used in innovation management at the regional level.