State Innovation Program Budgetingfrom Extra-Budgetary Sources-Reference-Cited by-同舟云学术

State Innovation Program Budgetingfrom Extra-Budgetary Sources

Published:2017-09-07 Issue:4 Volume:5 Page:40-44
ISSN:2587-9111
Container-title:Scientific Research and Development. Economics
language:en
Short-container-title:

Author:

Восканян Роза¹,Voskanyan Roza²

Affiliation:

1. Российский экономический университет имени Г.В. Плеханова

2. Plekhanov Russian University of Economics

Abstract

Timely implementation of the state innovation programs requires a large financial investment on account of private sector investment of the economy. In this regard, the present article is devoted to the study of public-private partnerships as a source of extra-budgetary funding for the state innovation programs in Russia. The author analyzed the possibility of involvement of various extra-budgetary sources to finance public innovation programs, which allowed to conclude that the public-private partnership is one of the most effective mechanisms of financing the implementation of government programs. The article considers the characteristic features of public-private partnerships, and identified key issues of implementation of public-private partnership in the Russian Federation. Based on the conducted research the author developed a complex of measures which implementation may contribute to increasing the attractiveness of the mechanism of public-private partnerships to Finance public innovation programs.

Publisher

Infra-M Academic Publishing House

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