Contemporary Features of Innovative Development of the Russian Mineral Resource Com

As of now, the mineral resource complex (MRC) is playing a crucial role in the Russian economy. In a situation when the resource base is becoming problematic and the economy of knowledge begins to hold sway, the stability and competitiveness of the complex will depend on innovative technological development in many ways. The factor that is becoming ever more crucial for the MRC is the use of new knowledge and technologies: the rights to results of intellectual work, technologies that allow extraction and economic exploitation of scarce and hard-to-reach resources. The conducted analysis has revealed that the Russian MRC currently demonstrates low innovation activity and lacks new technologies conducive to efficient technical and economic implementation of numerous new projects. Development and widespread introduction of domestic innovative technologies, equipment and materials are becoming the concerns of vital importance. Considering the role of MRC in the Russian economy, growing complexity of the resource base, sanctions from a number of states, the current situation in the innovative sphere may hardly be accepted as satisfactory. The indicators of the economic development testify to the existing discrepancy between the role of MRC in the Russian economy and the results of innovation policy of domestic extracting companies