Start conditions for the development of innovative industry in Russia

The article deals with the current conditions - existing structure of property, existing order of transactions, existing relations between private business and bureaucracy - which determine the modern possibility of innovative development of industry in Russia and role of private business in this process. The main of poor development of mechanism of accumulation of resources on enterprise's level are identified. So as the volume of real modernization of industry. The different strategies for the intensifications of industrial development are examined and showed the important role of the government and the state corporations in the key branches of manufacturing of Russia of innovative technologies.

innovative development, industrial modernization, private business, transaction, institutional trap, investment