Innovation as a main source of profit. J.A. Shumpeter's ideas and the Russian business

The article examines the importance of innovation for increasing profit in entrepreneurial activity. To conduct the study, a questioning of people of different ages, professions and social status was done, the current condition of Russian business and the role of innovations in it were analyzed. The process of researching this topic uses the following research methods: abstract-logical analysis, methods of comparison, generalization and history of economic thought, questioning. Conclusions have been made, recommendations have been made.