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Analysis of the state of innovative development of the North Caucasus Federal District in the knowledge economy

Abstract

Analysis of the state of innovative development of the North Caucasus Federal District in the knowledge economy

Kandrokova M.,Makhosheva S.,Galachieva S.,Yandieva L., Uyanaeva H.,

Incoming article date: 12.09.2021

Research into the state of development of an innovative economy enhances the role of knowledge in terms of economic growth. The efficiency of the economic activity of the subjects of the North Caucasus Federal District, first of all, is characterized by the indicators of innovative activity, which, in our opinion, are a fairly universal and informative criterion that objectively determines the overall state of the economic system.

Keywords: knowledge economy, regional economy, innovation economy, innovation activity, socio-economic development, institutional infrastructure.