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Region: Economics and Sociology

2011 year, number 1

Impact of innovation dynamics on regional development of an economic system

O.A. Romanova, A.V. Grebenkin, V.V. Akberdina
Keywords: regional economic system, economic growth, innovation dynamics, synergic approach
Pages: 15-32

Abstract

The paper analyses the innovation dynamics of regional systems through a synergic approach. Such innovation dynamics reflects non-linear interrelations of non-equilibrium processes of capital renewal, technological changes and economic growth in regional industrial systems. Non-linear dependence of the economic growth on the innovation dynamics are shown in case of some regions.