The assessment of innovative import substitution effectiveness in Russia

The transition of the Russian economy to innovation-oriented growth is impossible without innovative import substitution, in which products and services with new consumer properties, lower cost and high added value are produced, improved and exported based on innovative ideas and knowledge, using new high technologies. Intermediate and final results of the assessment of innovative import substitution form the basis for developing measures aimed at adjusting the taken course, which determines the significance of the study, the purpose of which is to analyze the dynamics of innovative import substitution processes based on the formed set of evaluation indicators and criteria for their effectiveness. Dynamic analysis of changes in the indicators of the effectiveness of innovative import substitution, conducted based on official statistical sources for 2000-2022, showed that the effectiveness of import substitution innovation processes in Russia is below average. Correlating this dynamic with changes in the total volume of domestic production, exports and imports, it can be noted that the stability of growth (in the case of imports – decline) is not maintained, and the performance indicators, expressed in relative values, do not reach the criterion values or take them only at certain time intervals. 

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