Corporate relations in modern Russian economy and their impact on innovation development

Topicality of the research associated with the need to build a qualitatively new model of corporate relations, affecting the development of innovative corporate businesses in the current environment, based on a new model of corporate governance, a new model of distribution relations and property relations, as well as on the use of the creative potential of the subjects of corporate relations. Aim of this study is to determine the potential of the Russian corporation as an innovative subject to specific conditions of transformation of corporate relations in modern Russia. Research objectives: - determine the economic and technological potential of the corporation; - identify the need and the main factors affecting the innovative development of Russian corporations; - substantiate the impact of specific corporate relations for innovative development of Russian corporations. Subject of research are economic relations developing between the subjects of corporate relations in terms of innovative development of Russian corporations. Object of study is innovation Russian corporations. Conclusions: Author identifies the problems and prospects of innovative development of Russian corporations in modern Russian conditions. The article discloses the development potential of Russian corporations in the implementation of innovation policy.