ANALYSIS OF THE RUSSIAN LEGISLATION IN THE FIELD OF INNOVATION DEVELOPMENT

The article analyses the legislation of the Russian Federation in the field of innovation. Development and improvement of the innovation system in Russia are an integral part of the transition from catch-up to the advanced economies. Relevance of the research work is dictated by the fact that the innovative development of Russia and the promotion of innovation in it are necessary for increasing the country's competitiveness and improving position in the global market. The state is one of the elements of the innovation system. Its participation is carried out by forming a regulatory framework that will create conditions for the development of scientific and research and technical activities in the country. This article analysis federal legislation in order to study its strengths and weaknesses. Also, an attempt was made to propose a number of measures for its improvement and to address gaps.

innovation system, innovation, regulatory framework, legislation, tax system, budgetary system, economic growth, improvement