Financial and legal policy in the field of innovation: theoretical and legal foundations

This article examines the historical development and current state of legal regulation of innovation in the Russian Federation, which is currently undergoing active development, particularly in the field of digital and technological innovation. It concludes that Russian innovation policy is characterized by fragmentation and a multiplicity of regulatory sources, which is explained by the complexity and sector-specific nature of innovation development in various sectors of the economy. Special attention is paid to financial and legal policy in the field of innovation—a subcategory of innovation and legal policy that combines financial and legal incentives for innovation with financial and legal regulation of the organization of innovative development in the financial sector. It is summarized that the theoretical and legal foundations of financial and legal policy in the field of innovation reflect the general foundations of legal policy, while also possessing distinctive features and requiring further research.

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Publication Details

Journal
Journal of Legal Studies
Published
2026-06-17
DOI
https://doi.org/10.12737/2500-333x-2026-11-2-108-113
Primary Topic
Digital Transformation in Law
Type
article
Field-Weighted Citation Impact
0.00
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article

Financial and legal policy in the field of innovation: theoretical and legal foundations

M. Spiridonova
Journal of Legal Studies
Digital Transformation in Law
article

Financial and legal policy in the field of innovation: theoretical and legal foundations

M. Spiridonova
article en

Abstract

This article examines the historical development and current state of legal regulation of innovation in the Russian Federation, which is currently undergoing active development, particularly in the field of digital and technological innovation. It concludes that Russian innovation policy is characterized by fragmentation and a multiplicity of regulatory sources, which is explained by the complexity and sector-specific nature of innovation development in various sectors of the economy. Special attention is paid to financial and legal policy in the field of innovation—a subcategory of innovation and legal policy that combines financial and legal incentives for innovation with financial and legal regulation of the organization of innovative development in the financial sector. It is summarized that the theoretical and legal foundations of financial and legal policy in the field of innovation reflect the general foundations of legal policy, while also possessing distinctive features and requiring further research.

Journal of Legal StudiesVol. 11(2)
Saratov State Academy of Law (RU)
Industry, innovation and infrastructure
Openalex Percentile: Top 4%
Digital Transformation in Law
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