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International Business Management

ISSN: Online
ISSN: Print 1993-5250
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Correlation Relationship Between Scientific-Innovation and Macroeconomic Indicators in the Selected Russian Regions

Vladimir M. Moskovkin, Sizyoongo Munenge, Larisa V. Verzunova, Nikolay V. Kamyshanchenko, Andrey V. Prizhihalinskiy and Vladimir I. Shutov
Page: 6019-6025 | Received 21 Sep 2022, Published online: 21 Sep 2022

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Abstract

The study presents a matrix of pairwise correlations for 26 regions of the Central and North-West Federal Districts of Russia between ten scientific-innovation and macroeconomic indicators comprising a number of objects of the innovation infrastructure according to two databases, a number of universities, university potential which had been calculated based on webometric rankings of universities, a number of scopus-publications in universities of the regions during the year 2015 and in general, the gross regional product, a number of population, the gross regional product per capita, population density. In all cases there were obtained high values of pearson’s correlation coefficient. It has been concluded that a high level of scientific-innovation development of regions is based on a high degree of social-economic development of their urbanized territories that is the gross regional product and a number of population, rather than the reverse.


How to cite this article:

Vladimir M. Moskovkin, Sizyoongo Munenge, Larisa V. Verzunova, Nikolay V. Kamyshanchenko, Andrey V. Prizhihalinskiy and Vladimir I. Shutov. Correlation Relationship Between Scientific-Innovation and Macroeconomic Indicators in the Selected Russian Regions.
DOI: https://doi.org/10.36478/ibm.2016.6019.6025
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.6019.6025