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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">finance</journal-id><journal-title-group><journal-title xml:lang="ru">Финансы: теория и практика/Finance: Theory and Practice</journal-title><trans-title-group xml:lang="en"><trans-title>Finance: Theory and Practice</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2587-5671</issn><issn pub-type="epub">2587-7089</issn><publisher><publisher-name>Financial University under The Government of Russian Federation</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26794/2587-5671-2021-25-4-98-109</article-id><article-id custom-type="elpub" pub-id-type="custom">finance-1280</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ИНВЕСТИЦИОННАЯ ПОЛИТИКА И ЭКОНОМИЧЕСКИЙ РОСТ</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>INVESTMENT POlICY AND ECONOMIC GROWTH</subject></subj-group></article-categories><title-group><article-title>Исследование синергетических эффектов влияния инновационных и сопряженных макроэкономических факторов на экономический рост</article-title><trans-title-group xml:lang="en"><trans-title>Research of the synergetic Effects of the Impact of Innovative and Related Macroeconomic Factors on Economic Growth</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-6270-9002</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Матризаев</surname><given-names>Б. Д.</given-names></name><name name-style="western" xml:lang="en"><surname>Matrizaev</surname><given-names>B. D.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Бахадыр Джуманиязович Матризаев — кандидат экономических наук, доцент Департамента экономической теории</p><p>Москва</p></bio><bio xml:lang="en"><p>Bakhadyr D. Matrizaev — Cand. Sci. (Econ.), Assoc. Prof., Department of Economic Theory</p><p>Moscow</p></bio><email xlink:type="simple">bmatrizaev@fa.ru</email><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>Финансовый университет</institution><country>Россия</country></aff><aff xml:lang="en"><institution>Financial University</institution><country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2021</year></pub-date><pub-date pub-type="epub"><day>24</day><month>08</month><year>2021</year></pub-date><volume>25</volume><issue>4</issue><fpage>98</fpage><lpage>109</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Матризаев Б.Д., 2021</copyright-statement><copyright-year>2021</copyright-year><copyright-holder xml:lang="ru">Матризаев Б.Д.</copyright-holder><copyright-holder xml:lang="en">Matrizaev B.D.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://financetp.fa.ru/jour/article/view/1280">https://financetp.fa.ru/jour/article/view/1280</self-uri><abstract><p>Автор исследует основные механизмы и инструменты реализации инновационной политики в таких странах с быстрорастущей экономикой, как Китай и Индия. Цель исследования — изучение причинно-следственной связи между инновациями, ключевыми макроэкономическими переменными и экономическим ростом. Использован энтропийный метод, модель прогнозирования Грея для построения системы индексов оценки координации взаимодействия технологических инноваций, финансового развития и экономического роста. В результате установлено, что глубина интегрированности финансовой системы в инновационные процессы оказывает значительное положительное влияние на успех инноваций, что измеряется патентной активностью. Доказано, что инновации косвенно влияют на экономический рост через качество жизни, эффективность инфраструктуры, занятость и открытость торговли. Результаты исследования показывают, что как экономический рост, так и инновации, как правило, в долгосрочной перспективе зависят от ряда сопряженных переменных: капитала, труда и т.д. Сделан следующий вывод: всесторонний анализ технологических инноваций, финансового развития и экономического роста показал, что данная триадическая связка имеет большой потенциал коинтегрированного развития, в результате которого, согласно полученным расчетным прогнозам, экономический рост в быстрорастущих экономиках в ближайшие пять лет значительно ускорит свои темпы. Перспективным направлением будущих исследований может стать анализ того, будет ли степень сопряженности и координации между переменными триадической связки поддерживать стабильный рост на уровне высоких значений и смогут ли они достичь стадии трансформации.</p></abstract><trans-abstract xml:lang="en"><p>This article examines the main mechanisms and tools for implementing innovation policy in countries with fastgrowing economies such as China and India. The study aims to explore the causal relationship between innovation, key macroeconomicvariables and economic growth.The author applies the entropy method and adapts the Graymodel to build a system of indices for assessing the coordination of the interaction of technological innovation, financial development and economic growth. The results show that the degree of integration of the financial system into innovation processes has a significant positive impact on the success of innovation, which is measured by patent activity. Our research proves that innovation indirectly affects economic growth through quality of life, infrastructure efficiency, employment, and rade openness. The findings of the research reveal that both economic growth and innovation tend to depend on a number of conjugate variables in the long run: capital, labor, etc. The author concludes that a comprehensive analysis of technological innovation, financial development and economic growth shows that the three-factor relationship has great potential for coordinated development, as a result of which, according to the calculated forecasts, economic growth in fast-growing economies will significantly accelerate its pace in the next five years. The subject of further research may be an analysis of whether the degree of conjugation of connectivity and coordination between the three systems will maintain stable growth at high values and whether they will be able to reach the stage of transformation.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>экономический рост</kwd><kwd>макроэкономические факторы</kwd><kwd>технологические инновации</kwd><kwd>НИОКР</kwd><kwd>финансовая система</kwd><kwd>национальная инновационная система</kwd></kwd-group><kwd-group xml:lang="en"><kwd>economic growth</kwd><kwd>macroeconomic factors</kwd><kwd>technological innovation</kwd><kwd>R&amp;D</kwd><kwd>financial system</kwd><kwd>national innovation system</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Борисов В. Н. и др. Модернизация промышленности и развитие высокотехнологичных производств в контексте «зеленого роста». 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