American Journal of Applied Sciences

ECONOMETRIC MODELLING OF INDICATORS OF INNOVATION ACTIVITY LEVEL

Natalia Grigoryeva and Rezeda Kundukchyan

DOI : 10.3844/ajassp.2014.1579.1583

American Journal of Applied Sciences

Volume 11, Issue 9

Pages 1579-1583

Abstract

In the article we attempt to identify indicators that have a significant impact on the level of innovation activity, for a deeper understanding of the essence and principles of the innovative process. This article presents the econometric analysis. The model of multiple regression was built. Econometric modeling was carried out based on statistical data on regions of Russia. The study proved the high importance of organizational innovations and investments for increase of innovative activity of economic entities."

Copyright

© 2014 Natalia Grigoryeva and Rezeda Kundukchyan. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.