Factors of innovative activity in Russian regions: Modeling and empirical analysis / Mariev O.S., Savin I.V. // Economy of Region. - 2010. - V. , l. 3. - P. 235-244.

ISSN:
20726414
Type:
Article
Abstract:
Considering innovations as a key factor of economic growth, in this paper we identify main instruments stimulating innovative activity in Russian regions. Since the number of potential factors of enterprises innovative activity and respective hypotheses is large, the process of model selection becomes a crucial part of the empirical implementation. A new efficient solution to this problem is suggested, applying optimization heuristics. The model selection is based on information criteria and the Sargan test within the framework of a log-linear panel data model. Copyright © 2005-2015 Institute of Economics, the Ural branch of the RAS.
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Publisher Institute of Economics, Ural Branch of the Russian Academy of Sciences
Language of Original Document Russian
Abbreviated Source Title Econ. Reg.
Source Scopus