Trends of innovative economic development in the Russian Federation: socio-economic prospects for public-private partnership

Theoretical bases of economics and management

This article discusses the need for new approaches to improve the competitiveness of the Russian economy and prospects of Public Private Partnerships in Russia, based on the tendencies of innovation development. Innovative development ensures sustainable development of the economy. The analysis conducted by the authors has the main idea to evaluate the prospects of economic development and to identify the key areas of economic recovery.