Research Article Open Access

ECONOMETRIC MODELLING OF INDICATORS OF INNOVATION ACTIVITY LEVEL

Natalia Grigoryeva1 and Rezeda Kundukchyan1
  • 1 Institute of Management and Territorial Development, Kazan (Volga Region) Federal University, Kazan, Russia

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.

American Journal of Applied Sciences
Volume 11 No. 9, 2014, 1579-1583

DOI: https://doi.org/10.3844/ajassp.2014.1579.1583

Submitted On: 1 April 2014 Published On: 1 September 2014

How to Cite: Grigoryeva, N. & Kundukchyan, R. (2014). ECONOMETRIC MODELLING OF INDICATORS OF INNOVATION ACTIVITY LEVEL. American Journal of Applied Sciences, 11(9), 1579-1583. https://doi.org/10.3844/ajassp.2014.1579.1583

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Keywords

  • Econometrics
  • Modelling
  • Innovation
  • Innovative Process
  • Economic Growth
  • Regional Economy