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Description:
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Changes in the world economy and the crisis of 2020 have aggravated the problem of structural stability
of the economy and economic security. Under these conditions, the demand for services in the creative economy
will grow dynamically, as the most valuable goods are ideas, imagination and creativity. The aim of the article is to
consider the impact of the service component on innovative development at the regional level. Methodology. For
the purposes of the study, the main types of services provided by the most common institutional forms of innovation
infrastructure are summarized. Classification by the criterion of the type of services is useful for monitoring the
provision of the innovation system with different elements of innovation infrastructure. Services are considered in
the applied context of assessing the effectiveness of innovation policy at the regional level. On the basis of analysis
of world practice of innovation policy the spheres of financial and economic stimulation of innovation activity within
which the corresponding service component can be considered are determined. Results. Within the framework of
alternative approaches to neoclassical economics, based on evolutionary economics and Schumpeterian economics,
the authors argue for services as an important component of a proactive industrial policy that can address these
failures and is based on the institution of mentoring, small business service provision, development of technology
parks and much more. The main types of services provided by the most common institutional forms of innovation
infrastructure are summarized. Classification of services is based on the criterion of the type of services, useful for
monitoring the provision of the innovation system with various elements of innovation infrastructure. Services
were considered in the applied context of assessing the effectiveness of innovation policy at the regional level.
Practical implications. On the basis of analysis of the world practice of innovation policy the spheres of financial and
economic stimulation of innovation activity, within which the corresponding service component was considered,
were determined. Value/originality. Longitudinal data and relevant calculations provide a better understanding of
the impact of innovation infrastructure services on the main economic indicators of regional development. |