Sector specific features of innovative development in the Russian economy

The present-day development of the Russian Federation is mostly shaped by the innovative development capacity of the national economy. Industry forms the core of such development. The paper presents the study of the current state of the innovative development in industry being the source of the basic innovations, as well as identifies the limitation factors. The authors have found out that low innovative activity of the industrial enterprises holds back the implementation of innovations in the related sectors, for instance, trade. It has also been found out that the course of the innovative development in the field of trade is also shaped by the sector-specific factors, which should be considered to adjust the innovation policy of a trading enterprise