The efficiency of educational institutions expenses aimed at increasing competitiveness
Education plays an important role in the development of both the society and innovative economy based on knowledge and high technologies. It requires improving the quality of educational process, implemented by educational institutions, including the intensification of the processes of creation and introduction of new high-tech, innovative products in order to turn higher educational establishments into scientific and educational centers, which will be able to create innovative products and to produce professionals who can work with innovative developments. As a part of the search for new competitive advantages Russian educational institutions need: to create an innovative infrastructure that will help to realize the scientific ideas of universities; to produce a clear and detailed classification of general expenses of Universities, including subordinated units; to reduce utility costs through the purchase and installation of metering devices which lead to more efficient use of financial resources; to provide educators with an average income in the region taking into account the qualifications of employees; to develop a number of other activities of educational organizations. The authors of the article come to the conclusion that the competitiveness of educational institutions largely depends on their financial resources, and on those areas that are declared by educational institutions and will be financed, taking into account the chosen university's strategy in order to increase the competitiveness and to achieve high results both in educational and in scientific activity.