36th IBIMA Conference: 4-5 November 2020, Granada, Spain

4-5 November 2020
Granada, Spain

Paper Submission: CLOSED

ISBN: 978-0-9998551-5-7

Innovative and Investment Development of the Russian Federation: Regional Aspect

Anatasia Kurilova, Anna Kiryushkina, Sofia Savenkova and Kirill Kurilov

Abstract:

Innovative and investment development of territories is an important element in the development of the country's economy. The article examines the factors that influence the investment and innovative development of the regions of the Russian Federation. The degree of influence of factors is determined through the construction of an econometric model. Modeling is carried out through the Gretl 1.9.11 software product using the least squares method.