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This article is devoted to characterizing of the innovation potential of the territory and elements of its components. We made an assessment of the state of the components of the innovation potential as elements of the effectiveness of the management of innovation processes in the region. The article presents the results of a study on the assessment of the innovative potential of a region using an integral indicator on the example of the Novgorod region. The authors conducted an investigation of the state and direction of the innovative structures of the region. Based on this analysis and the characteristics of the state of scientific and innovative activity, we highlight such components as human potential, scientific potential and financial and economic potential of the region. The analysis carried out in the article makes it possible to assess the significance of the components of the innovation potential of a territory, which determine the potential of the Novgorod region in the aspect of innovation, and to formulate the main directions for self-development and activation of innovation activity in the region.

proceedings of the international scientific-practical conference “business cooperation as a resource of sustainable economic development and investment attraction” (ispcbc 2019)

Innovation potential of the territory: evaluation of the current state and development possibilities