Factors of Mutual Impact of Innovative Startups and the Regional Environment

Abstract

Introduction. The growing dependence of regional economies on innovation determines the importance of regional innovation policy, it being an integral part of regional economic policy. Within its framework, a constant assessment of mutual impact of the factors of regional development and successful startups is necessary. The goal of this study is to identify such basic factors. Materials and Methods. Regional socio-economic complexes of the Republic of Mordovia, Nizhny Novgorod Region and Samara Region are considered as the research object. Regional primary and secondary statistics on the research topic, legislative and regulatory acts of the federal and regional levels form the information basis of the study. The methods of system analysis, economic statistics, expert survey, economic and mathematical modeling as well as cognitive modeling were employed. Results. The primary and final lists of factors of mutual impact of innovative startups and the regional environment have been compiled. The features of modern startups and their interaction with the external environment have been exposed. The cause-and-effect relations between the factors have been identified. A quantitative and qualitative analysis of the factors, their grouping and classification for the subsequent modeling of innovative processes in the region has been performed. Discussion and Conclusion. The results obtained serve as the basis for correlation and regression analysis and the subsequent provision of a cognitive model of the regional innovation process that takes into account the peculiarities of the regions under consideration. The verified cognitive model makes it possible to construct prognostic scenarios of the impact of innovations on the regional growth and the influence of the regional environment on the growth of innovations, to conduct a justification, a comparative analysis and an assessment of the consequences of management decisions on development of the regional infrastructure to support entrepreneurship as well as to evaluate the adaptability of innovative startups to changes in external and internal environment factors.