Innovations in the Russian and Belarusian Economies: Comparative Aspect, Cross Points and Growth

The international authors’ crew has recorded the weaknesses and strengths of the innovative development of the economies of the Russian Federation (RF) and the Republic of Belarus (RB), the points of their real intersection and the existing reserves of cooperation, that are relevant for the current situation having used analytical tools. The results of analysis in these materials helped define similar features of the two economies as a high scientific and educational potential. The study aimed to identify areas where the advantages of one economy under study are clear. The authors found that the RF economy excels in investments and the market environment, while RB excels in infocommunication technologies and the optimality of the branches’ economics. The research will continue to develop and clarifying ways for further cooperation between the two countries. The experience exchange and higher engineering education, high-tech sector and R&D will enable RF to use the positive experience of Belarusian partners today.