Abstract:

The article discusses the outcomes of the existing innovation rankings for evaluating the level of the innovation system in St. Petersburg. It has been concluded that the principles of general innovation management should be applied in order to develop the regional innovation system (RIS) of St. Petersburg.  The need for applying the procedure of regional innovation foresight is substantiated. The author has managed to define the key areas for enhancing the efficiency of RIS operation for the city of St. Petersburg.