On the prospects of formation of competitive and innovative regional economy

The growth of the Russian economy coupled with its competitiveness is impossible without the development of innovative capacity of regions and enterprises. The development of the regions is based on the consideration of the competitive potential, which, in turn, relies on an innovative vector of development. The government makes insufficient use of their opportunities in terms of tax activities and excessive centralization. Explain how uses the state and the region these opportunities. The lack of strategic plans for the development of innovation, stringent approach to taxation. Not taking into account the development of competitive technologies and products. Does not allow developing enterprises in the region as innovative structures. Note that the basis of competitiveness is innovativeness of the economy as the most important criterion of expediency of entering of enterprises into national and global markets. Thus, under the innovative economy understand new products. Change management and organizational structures. Technical and technological innovations brought to the target markets. To date regional government has very limited ability to invest in innovation. In conditions of limited budgetary and financial investment in the country’s internal potential of territories is the main resource of their development. Rational use increasing the resource potential of the regions is one of the important priorities of the regions (local authorities and territorial communities). In the processes of functioning and development of enterprises and regions requires a constant search for ways to improve their innovative capacity. Transferring its production resources in viable and dynamic clusters. Development of innovative system will allow competing to companies. Regions and the state as a whole in difficult market conditions.