Analysis of the state and prospects of innovative development of the Russian economy in conditions of its modernization

© 2015, Asian Social Science. All rights reserved. Today, the modernization of the production structure – with the outline of high-tech industries, spheres of science and education as key growth factors – is one of the main conditions of sustainable development of every country, as well as of growth of public prosperity. However, to reach economic stability requires the development of the system research and assessment of innovative economic development, as far as exactly the imperative to study the prospects of innovative development determines modernization of the economy as a whole. The article presents the analysis of the state of innovative development of the Russian economy and the analysis of key performance indicators of innovative development. It also considers the industrial and regional aspects, and highlights the basic trends of development and the problems of further development