INNOVATIVE POLICY IN THE DIGITAL FINANCIAL SERVICES MARKET

Abstract

Within the framework of this article, the authors investigate innovative policy in the service sector. The researchers analyzed the legal framework, identified the conditions for the development of innovation policy in the market of digital financial services, and studied the reasons for the need for state regulation of innovative development. Prospects for the study of this problem are substantiated and its relevance for the development of the economy of the Russian Federation at the present time are formulated. The purpose of this article is to conduct a comprehensive study of the state's innovation policy and instruments of state innovation policy in the financial services market in the transition to the digital economy, to present a system for ensuring the innovative development of enterprises in the service sector. Method of research. To write this article, the authors used such general scientific methods as analysis, comparison, grouping and synthesis. In addition, various sources of information were examined, including legal acts, scientific literature and Internet sources. Based on the results of the study, the authors described the main Russian participants in the innovation infrastructure, and identified the features of innovation policy in Russia. Provision of innovative development of the country are disclosed. The authors’ suggestions for innovative development of the sphere of services at five levels and the characteristics of digitalization in the financial market are introduced. Scientific novelty. This work allowed the authors to identify the specifics of state regulation of innovation in the field of financial services in the conditions of digitalization of the economy.