Why Do Inefficient Innovation Institutions Exist in Russia and Ukraine? Mechanisms for Correcting Them

Abstract

The mechanism for correcting the innovation institutions in Russia and Ukraine, which follows from the game model, is proposed. History of origins of innovation institutions in Russia and Ukraine is described. The necessary conditions for the innovator and the company are obtained. The markers to indicate the innovator is presented. It is shown that the transmission of signals from innovators to companies is different in Russia and Ukraine. The main difference between Russia and Ukraine in economic education is established. It is shown that both international and domestic policy should be used to achieve the effect.

Keywords: Innovation institutions, transitive economy, empirical analysis, Russia, Ukraine

JEL Classification: A11, B25, I21, I28, O31, P31, P33