Impact of Resource Provision for Regional Research and Innovation on Labor Productivity Growth

Markhaichuk, Maria; Tobien, Maria

The study analyzes the impact of resource provision for regional research and innovation on labor productivity growth in Russian regions. The dataset covers the data on 85 Russian Regions for the 2010–2017 years. Panel regression with fixed effects was employed to fulfil research aim. We use blocks of indicators characterizing financial, intellectual/human, information, entrepreneurial, and material and technical resources. The regression analysis showed that the following indicators of resource provision for research and innovation have a significant positive impact on labor productivity growth: domestic current costs for applied research, domestic current costs for development, domestic current labor costs for employees engaged in R&D, share of researchers with advanced degrees. The indicators characterizing the resource base of the regions that were included in our study are all significant. The capital-labor ratio and the number of personal computers per 100 workers provide the most positive effect on labor productivity growth in Russian regions. The study results can find practical implications in development of suggestions for adjusting Regional Development Strategies.