Natalia E. Sokolinskaya, Lyudmila M. Kupriyanova, Maral Seitkulovna Kaskirova, Elena Andreevna Zinovyeva
A qualitative and quantitative change in the economic processes of any state is not possible without active introduction of innovation and modern technologies. However, innovation must have a solid methodological basis. Moreover, innovative activities cannot be undertaken without predetermined and clearly defined specific, achievable and measurable goals. In the absence of such basis, the effectiveness of introducing a particular innovation, as well as its further use, will tend to zero. Thus, the authors of the present study focus on the key theoretical aspects of the innovative transformation of the Russian financial sector. The study employs general scientific methods – comparison and grouping, induction and deduction, analysis and synthesis. As empirical and primary data, the authors analyze the regulatory framework in the field of innovative development of the Russian Federation, studies of major consulting companies, as well as Internet information on the key modern financial technologies (including information provided by the Bank of Russia).
Based on the results of the study, the authors approach the classification and content of principles, goals, objectives and main areas of innovation in the Russian financial sector. The role of the state and the Bank of Russia in supporting and developing innovation activities is noted. An overview of major innovations was prepared for the development of innovation activities in the Russian financial sector, and it concluded that development requires combined efforts of the State, the scientific and educational world, the enterprise segment and the institutions of civil society which would ensure the interests of the country's socio-economic development. The research materials will be useful to students and teachers in the field of economics, and for cientists and practitioners in the field of the introduction and implementation of innovations.