Innovation and investment policy of Russia under sanctions restrictions

Abstract

This article provides a detailed description of the relationship between the sanctions imposed on the Russian Federation by “unfriendly” countries and the need to improve the country’s innovation and investment policy under these conditions of restrictions. The author emphasizes that a transition of the Russian economy from an export-raw materials model to a production-innovation model is required. The advantage of this article is the presence in it of many provisions, the importance of intensive development of knowledge-intensive, competitive industries in the international market and ensuring their accelerated growth in the structure of industrial sectors.