Development of Innovative Activity in Russia: Macroeconomic Aspect

In today's world innovation is the key driver of economic development, growth and competition at both the micro and the macro-economy. Result of innovative activity, appearing at the microeconomic level, have an impact on macroeconomic fundamentals, which, in turn, determine the scope of the innovation. Improving the competitiveness of the Russian economy and its successful integration into the global economic system requires to enforce innovation. Therefore the identification and comprehension of interconnections and interdependencies between the fundamentals of the national economy and the parameters of the innovation is the important task to date. In the paper the innovative activity and its institutional structure in Russia are characterized; the system of innovation indicators for the national economy is determined; the trends of innovative development in Russia are identified on the base of numerical analysis of official statistics taking into account regional aspect; the current state, prospects and priorities for the development of innovative sphere in Russia are assessed.