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Innovation Activity in the Republic of Belarus and its State Support

Author (s)

Stepanenko Dmitriy Mikhailovich

Abstract

The article is devoted to the research of the features of the development of innovation activity in the national economy of the Republic of Belarus. The objective of the research is identification of tendencies and problems of development of the processes of creation and inculcation of innovations into the Byelorussian economy. The complex analysis of the dynamics of engrafting innovations into the economy of Belarus in the aspect of their separate types is carried out. Features of financing  innovation activity in the industry of the Republic of Belarus are revealed. It is established that the main source of financing innovations in the Byelorussian economy under modern conditions are the own means of  enterprises. Dynamics of change in  reference to the of volume of the shipped innovation production and the rendered services of innovational character in the Byelorussian economy are investigated. The program priorities of  innovational development of the national economy of the Republic of Belarus are revealed. The complex of  practical recommendations focussed on improvement of the state innovation policy of the Republic of Belarus is substantiated.

Keywords

innovation, innovation activity, statistical data, industry, state innovation policy, concept, bank, venture financing

References

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Publication date

Wednesday, 14 November 2018