Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)

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Analysis of efficiency of regional innovation systems taking into account the financing structure

Authors
Anna Firsova, Galina Chernyshova
Corresponding Author
Anna Firsova
Available Online May 2018.
DOI
10.2991/cssdre-18.2018.86How to use a DOI?
Keywords
research and development (R&D), financing, innovative activity, Data Envelopment Analysis (DEA), technical efficiency
Abstract

The problems of current financing of innovations determine the relevance of the research allowing for quantifying and evaluating the performance of regional innovation systems in terms of the structure of innovation financing. The paper presents an approach to analyzing and evaluating the efficiency of innovation activity in Russian regions using the Data Envelopment Analysis. To estimate the efficiency of regional innovation systems, we use the ratio of a set of input parameters of sources and structure of R&D financing to a set of output parameters of the innovative goods volume in the context of 80 Russian regions. We rank the regions according to the technical efficiency index, determine the degree of their homogeneity and differentiation, reveal leading and outsider regions by the degree of efficiency of financial resources use in regional innovation systems. It is determined that the share of the leading regions makes 25% and the share of inefficient regions makes 53%. The conclusion is made on the need to spread the best practices of the leading regions and to apply a more efficient structure for financing innovative activities in outsider regions.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
May 2018
ISBN
978-94-6252-514-6
ISSN
2352-5428
DOI
10.2991/cssdre-18.2018.86How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Anna Firsova
AU  - Galina Chernyshova
PY  - 2018/05
DA  - 2018/05
TI  - Analysis of efficiency of regional innovation systems taking into account the financing structure
BT  - Proceedings of the International Scientific Conference "Competitive, Sustainable and Secure Development of the Regional Economy: Response to Global Challenges" (CSSDRE 2018)
PB  - Atlantis Press
SP  - 417
EP  - 422
SN  - 2352-5428
UR  - https://doi.org/10.2991/cssdre-18.2018.86
DO  - 10.2991/cssdre-18.2018.86
ID  - Firsova2018/05
ER  -