Analysis of the dynamics of innovative development of the Voronezh region

The article deals with the economic essence of the innovative development of the region. The study analyzes approaches to managing innovative development at the regional level. Improving the investment climate in the region is impossible without assessing the territorial innovation opportunities, which is of particular relevance during the period of sanctions and import substitution. The authors in the article highlight the most influential indicators of innovative activity. Then, the dynamics of development of the selected indicators is assessed and, based on the data obtained, the author's development forecast for several years ahead is given. Without innovative development, it is impossible to create a favorable environment for human life and activities, as well as the development of entrepreneurship. The work carried out a systematic analysis of the innovative indicators of the region, identified their components and main factors influencing the regional innovative potential, as well as shaping its scale. After analyzing the dynamics of the development of the Voronezh region in the field of innovative development, we can conclude that the development trend is positive. According to statistics, it can be seen that 2020 undoubtedly had a negative impact on the innovative development of our country, as evidenced by many indicators. The costs of innovation activity are growing every year, which indicates that the government is stimulating innovation activity, which is currently gradually decreasing. The indicator of development of nanotechnologies, advanced technologies developed and the coefficient of inventive activity showed the largest decline among other analyzed indicators. However, the level of innovation activity in the Voronezh region is growing, so we believe that we can make a great contribution to the development of the future of our country.