Theoretical foundations of a strategy of innovative development of the territories
Innovation is one of the most determinative factors of the long-term economical development of a territory to date. Russian regions and municipalities have significant innovation potential but they often use it inefficiently or don't use at all. The full use of innovation activity's results is possible only if there is a well-developed strategy to rely on. The key theses of economical development theories, based on innovations, may be assumed as a basis of elaboration of territory's economical development strategy and policy.