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The article defines the role of regional innovation clusters in enhancing the innovative development of Russian regions. The authors consider the structure of regional innovation clusters and the benefits of creating regional innovation clusters in Russia, study and present a classification of innovation clusters, as well as explore some support programs for Russian regional innovation clusters. The article studies also financial structure of development programs based on source and industry-specific areas of pilo...

The new challenge before today’s CEOs and executives is to realize that intellectual property (patents, trademarks, copyrights, etc) are assets that enhance corporate value and offer the company a new competitive advantage. The proper exploitation and measurement of intellectual property or intangibles gives strategic and financial benefits to the underlying organization.The number of patents of the underlying company are used in the literature among other variables as a proxy for intellectual property or innovati...