Investigation of institutional obstacles to the development of the knowledge economy

Abstract

Investigation of institutional obstacles to the development of the knowledge economy

Mahosheva S.A., Efendieva A.A., Kandrokova M.M.

Incoming article date: 13.12.2017

At the present stage of development, Russia does not have a coherent, well-developed institutional system designed to provide the necessary conditions for the creation of a knowledge-based economy. The article identifies the obstacles that impede the development of a developed institutional system: the counter-innovative orientation of institutions, various institutional traps at the federal, regional and local levels, as well as the emerging institutional void.

Keywords: knowledge economy, institutions, institutional environment, institutional obstacles, innovative development