Template-Type: ReDIF-Article 1.0 Author-Name: Oleg A. Donichev Author-Email: donoa@vlsu.ru Author-Workplace-Name: Vladimir State University, Russia Author-Name: Sergey A. Grachev Author-Email: grachev-sa@yandex.ru Author-Workplace-Name: Vladimir State University, Russia Author-Name: Aleksandr V. Taran Author-Email: alexander_ff@mail.ru Author-Workplace-Name: Vladimir State University, Russia Title: The Factors of Formation Innovative Potential of the Region Abstract: The article deals with the issues of forming the innovation potential of the region as a basis for the implementation of the modernization process in the economy. An analisis was performed to determine the possible reduction in funding science and research, the restriction of investments in the development of material base for research and development, technological innovation. Classification-JEL: Keywords: innovation potential, investing in high technology, the processes of modernization, funding research Journal: Finansovyj žhurnal — Financial Journal Pages: 151-160 Issue: 4 Year: 2012 Month: October File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2012/4/statii/2012_04_17.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:120417:p:151-160