Study of the Influence of Indicator Factors on a Complex Index of the Region’s Innovation Potential Using Correlation and Regression Analysis

Abstract

Abstract A special feature of Russia’s innovative development is the high degree of regional development disparity. This is due to a number of factors: specific nature of each region, historically established leading industries and geographical location. The innovative potential of a country is a combination of innovative potential of regions, and the importance of considering and studying the issues of evaluating and analyzing this index is more relevant today like never before. The innovation potential of a region is a whole complex of resources and organizational capabilities of the region aimed at providing its innovative development, ensuring an innovation continuum. In this review, the innovation potential is represented as an integrated quantity that includes a system of indicator factors. Within the framework of this studies, the analysis of the influence of individual indicator factors on the complex index of the region’s innovation potential is of particular interest. Since the relationship between indicators is incomplete and often probabilistic, there are good reasons for using correlation and regression analysis as a research method.