INNOVATIVEPOTENTIALOFREGION
The article is devoted to improving the innovative capacity of the region and investigation of the innovative development of the North Caucasian Federal District. The analysis allowed us to determine the dynamics of innovation activity SKFO and identify areas with the greatest innovation activity. The main objectives of current in the Russian Federation economic reforms are modernizing and improving the efficiency of the economy, its orientation to innovative development and achievement on this basis a high level of welfare. The aim is a fundamental change in the economic model of the Russian Federation and the transition from raw materials export economy to an innovation based on knowledge. Therefore, in essence, the only option for further development of the Russian economy - an innovative way of development, the transition to a new economy technological base, the development of competitive high-tech industries, increased spending on R & D, addressing the urgent organizational and financial problems of education, and more. It should be noted that an understanding of the importance of the Russian economic system transition to an innovative path of development is reflected in a number of decisions of the Government of the Russian Federation and the Concept of long-term socio-economic development of the Russian Federation for the period up to 2020. In the context of these reforms, an important role is played by the analysis of the achieved level of economic development and the dynamics of the Russian economy as a whole and its individual regions. As we know, globalization of the economy leads to an increase in the regions and increased competition with each other. Territory, differing in its geopolitical and economic status, wealth of natural resources, development of infrastructure, human capital stock and other factors, create unequal conditions for economic activity and competition firms. It is clear that while the economic agents of the region and have a large enough general interest groups that contribute to work together to attract and retain capital in the region, innovation, skilled workers.