Lafitsky V.I. The Main Trends of Legislation Development in Innovation Sphere (Comparative Law Research)

Abstract: In the present article the author examines the origin of the terms «innovation» and «innovation activity», examines the stages of development of legislation in this sphere, highlights and reports the criteria for the level of development of innovative legislation. These criteria include: a broad interpretation of the term «innovation», the creation of a widespread system of innovation development, the high volume of investments in science and new technologies, improving the mechanisms for the introduction of innovative developments, modernization of production facilities and others

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