“PSEUDO INNOVATIONS” AND “PSEUDO INVESTMENTS” IN RUSSIAN ECONOMY
The article investigates the influence of one of the informal institutions braking innovation process in Russia - the so-called “administrative economy”. It is shown its role as a strong incentive to concentrate the activity of subjects of the innovation process on their own goals by reducing the ef...
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Format: | Article |
Language: | English |
Published: |
Peoples’ Friendship University of Russia (RUDN University)
2017-12-01
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Series: | RUDN Journal of Economics |
Subjects: | |
Online Access: | http://journals.rudn.ru/economics/article/view/17171 |