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Region: Economics and Sociology

2011 year, number 1

Structural and institutional context of building an innovation economy

A.V. Alexeyev
Keywords: economic institutions, innovation economy, investments, capital assets, natural resources
Pages: 91-103


The study considers the key factors of building and further development an innovation economy and peculiarities of Russian institutional system of the post-soviet period. We show how a natural resource rent has defined a character of the built institutions, and we also prove the necessity of reforms in public administration to overcome a «resource curse» of Russian economy and ensure its innovation development.