How to use regional innovation potential: conditions and factors

The factors which slow down or stimulate the development and promotion of innovations into regional economies and the factors which stimulate the development of regional economies are considered by the authors as those influencing on macro-, meso- and micro-levels. The proposed approach has been applied to the analysis of factors influencing on the implementation of the Power Electronics Program. The authors conclude that in ideal situation, any innovation policy should be system-based and targeted, i.e. should contribute to neutralizing negative factors, and therefore slowing down ones, on all said levels and should promote relative stimulating factors.