insta twitterrss2
Multi-language Web site on current affairs in the biggest russian region
logo

Yakutia - area of active innovation development

investment promotion agency
Without doubt, the innovative advantage of Yakutia has great potential for starting introduction of modern technologies of the world level by the established institutions of the region.
An important competitive advantage could be the formation of a full-fledged innovation infrastructure and, as a consequence, the investment attractiveness of the region as an area of active innovation.

Head of the Republic of Sakha (Yakutia) Egor Borisov pays special attention to development of the republic's institutions.In order to move the republic's economy on an innovative path of development in recent years in the Republic of Sakha (Yakutia) were created the necessary institutions to support development and infrastructure investment and innovation projects.According to the Head of the republic, their main task is to complete an innovative development and competitiveness of the region.

Activities affecting various spheres of economic and social life - economic innovation development of the Republic of Sakha (Yakutia)

 The innovative development of the economy is one of the competitive areas of Yakutia.In connection with this the concept of the IT-park construction in the Republic of Sakha (Yakutia) is rapidly developing. The initiative to create an IT park in the city of Yakutsk was supported by the Head of the region in 2013 during a meeting with representatives of the Association of IT industry of the republic. The project implementation will ensure the presence of high-tech jobs with the engineering infrastructure, software and enable the Republican IT-specialists actually compete on the national and even the world market.

Of course, the innovative advantage of Yakutia has great potential for starting introduction of modern technologies of the world level. In order to move the republic's economy on an innovative path of development in recent years set up the necessary institutions to support development and infrastructure investment and innovation projects.Over the four years the regional investment infrastructure was created. Work on the implementation of promising investment and innovative projects are in progress within the framework of the financial and non-financial development institutions.

            Non-financial institutions - the Investment Promotion Agency of Sakha (Yakutia), the Regional Investment Fund, "Yakutia" Venture Company, Foundation for Development of Small and Medium Enterprises, the existing credit, insurance companies and guarantee funds, Development Corporation of Sakha (Yakutia)and Technopark "Yakutia."

According to Head of the republic Egor Borisov, their main objective is "a comprehensive innovative development and competitiveness of the region."It is important that the innovative projects of Yakutia were named the best in the Far East at the Russian «Start-up-tour-2015", the most ambitious project in Russia in search of promising innovation projects and the development of competencies of new start-up-teams implementing projects in the sphere of high technologies."

Today, the innovative strategy of economic development includes several priorities, on the basis of which the plan for specific activities is being realized:

  • Encouraging existing regional companies to use innovation;
  • Stimulating the creation of small innovative companies;
  • Attracting foreign investment;
  • Creation of an efficient infrastructure to support innovation;
  • Increasing the level of innovation culture in the region.
An important mechanism for the implementation of the innovation strategy is to focus resources on priority areas.Management bodies of Innovation Strategy, focusing on the evaluation and monitoring data will regularly identify and adjust priorities in the economic development of the Republic of Sakha (Yakutia), identify growth points and present priorities identified for the different sectors of the economy.

The innovative strategy involves achieving economic and cultural changes in the Republic of Sakha (Yakutia).These changes will be systemic, and ultimately are designed to improve the region's competitiveness.