Summary

At the present stage one of the main conditions for economic progress is the development of a regional innovation system and the development of a corresponding regional innovation policy. The paper discusses topical issues of regional innovation policy, trying to find the most rational solutions that could ensure not only expanding budgetary support for R & D in both fundamental and applied research, but also to take a number of concrete measures and actions designed to intensify the process of transformation of new knowledge into commercial innovative products and technologies. In particular, it is noted that in the US the regional technology clusters are a critical component of innovation policy and the most important driver of economic growth. The innovative policy in Russia is also of interest, which is built taking into account the innovation policy of the United States. It is noted that despite the difference in innovation policy in different countries, it has a huge positive potential for the economic development of the country, its individual instruments have universal application.