The present study picks up on the aspect of knowledge generation - a key part of every national innovation system - in the context of the USA and the Russian Federation. Following Fritsch and Slavtchev (2006) a knowledge production function can be used to account for the efficiency of an...

Introduction -- Regional Layout of the Russian Federation -- Relevant Economic Terms and Concepts in a Russian Context -- Growth Theoretical Aspects -- Methodology -- On the Importance of Knowledge in the Russian Federation -- Policy Option -- Conclusions.