Impact of Innovative Infrastructure on Development of the Production Sector in the Irkutsk Region

Author:

Chistyakova Olga1

Affiliation:

1. Baikal State University

Abstract

Innovative infrastructure has a significant impact on regional development, especially on the production sector. Inducing innovative initiatives and boosting the industry is a top priority direction of development of the Irkutsk region. In the context of the current sanctions and subsequent departure of foreign partners from Russia and its regions, the problem of developing their own production facilities and substituting imported products has become especially relevant. The regional innovation infrastructure is aimed at facilitating business development, supporting innovative projects, and funding them. The purpose of the study is to identify impact of innovation infrastructure on development of the production sector in the Irkutsk region. The methodology of the study is based on theoretical analysis regarding the main aspects of development of the industrial complex in the region thanks to the support provided by the innovative infrastructure. The data regarding development of innovative infrastructure in the Irkutsk region is used as the informational and empirical basis of the research. The scientific novelty lies in introducing a conceptual approach to using the innovative infrastructure of the Irkutsk region as a means of development of the production sector in the region. The priority social and economic development areas, technology parks, special economic zone of tourist and recreational type «Gates of Baikal», clusters operating in the Irkutsk region are examined. The following institutions are highlighted: development institutions, such as Irkutsk Region Development Corporation; Irkutsk Region Industry Development Fund; Irkutsk Region Investment Development Agency; Irkutsk Regional Guarantee Fund; the Microcredit Fund of the Irkutsk region; the Fund for the Support of Entrepreneurship of the Irkutsk region. Special emphasis is given to relevant projects aimed at supporting business in the Irkutsk region.

Publisher

Baikal State University

Subject

General Medicine

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