UDC 330.341.1

THE STABILITY OF THE RUSSIAN RUBLE AS ONE OF THE FACTORS FAVORABLE INNOVATIVE CLIMATE

Semenov Alexander Ivanovich
Institute of Business Development and Strategy of the Saratov State Technical University named after Gagarin Yu.A.
Candidate of Science in Economics, Assistant Professor of the Department "Menedzhmet and logistics"

Abstract
The author of the article believes that in the interests of the dynamic development of the national innovative system of Russia must move from a mechanism of free establishment of the official exchange rate of the Russian ruble to the mechanism of the fixed rate long-term perspective. Since innovation system is not able to function effectively in the face of limited resources, the currently required to form a favorable investment climate for both domestic and foreign investors. This is impossible, due to the unpredictability of the national currency, as it will greatly increase business risks. The experience of «binding» of the national currency in other countries.

Keywords: China, innovations, investments, Japan, national innovation system, the exchange rate


Article reference:
The stability of the Russian ruble as one of the factors favorable innovative climate // Economics and innovations management. 2014. № 4 [Electronic journal]. URL: http://ekonomika.snauka.ru/en/2014/04/4385

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