Clustering of Russian regions on indicators of the product innovation efficiency: Case subsection DL «Manufacture of electrical and optical equipment»

Vladislav Spitsin, Alexander Alexandrovich Mihal'chuk, Lubov Spitsina, Nataliya Shabaldina, Darya Novoseltseva

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper investigates product innovations efficiency indicators in innovative subsection DL «Manufacture of electrical and optical equipment» at the level of Russian regions. The purpose is to check the hypotheses that high speed of product updates influences on economy of product innovations, growth rate of production value and value added rate. The research showed that most part of Russian regions has very low speed of product updates at subsection DL in the comparison with leading European countries. Correlation analysis of whole Russian regions sample does not confirm advanced hypotheses. Some of the analyzed regions have high speed of product updates. Clustering allows concluding that these regions also have high economy of product innovations and high growth rate of production value but low value added rate. So the data of leading Russian regions confirm two from three advanced hypotheses. The proposed methodology may be used for the innovation efficiency analysis at other subsections of manufacturing oriented on product innovations.

Original languageEnglish
Title of host publicationProceedings of the 26th International Business Information Management Association Conference - Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth, IBIMA 2015
PublisherInternational Business Information Management Association, IBIMA
Pages589-596
Number of pages8
ISBN (Electronic)9780986041952
Publication statusPublished - 2015
Event26th International Business Information Management Association Conference - Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth, IBIMA 2015 - Madrid, Spain
Duration: 11 Nov 201512 Nov 2015

Conference

Conference26th International Business Information Management Association Conference - Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth, IBIMA 2015
CountrySpain
CityMadrid
Period11.11.1512.11.15

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Keywords

  • Cluster analysis
  • Correlation analysis
  • Electronic industry
  • Innovation efficiency
  • Product innovation
  • Russia
  • Russian regions
  • Statistics

ASJC Scopus subject areas

  • Management Information Systems
  • Information Systems and Management
  • Business and International Management

Cite this

Spitsin, V., Mihal'chuk, A. A., Spitsina, L., Shabaldina, N., & Novoseltseva, D. (2015). Clustering of Russian regions on indicators of the product innovation efficiency: Case subsection DL «Manufacture of electrical and optical equipment». In Proceedings of the 26th International Business Information Management Association Conference - Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth, IBIMA 2015 (pp. 589-596). International Business Information Management Association, IBIMA.