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In the article the author shows the close relationship of concepts such as «investment activities» and «innovation activity». Definitions of these terms, taken from the legislation acts are given. It is also clearly demonstrated by the ratio between investment and innovation. Later in the text, the author argues for the support of this ratio. The causes of capital intensity of innovative activity are listed.

About the authors

J. S. Judakova

Department of Economics, Samara State University of Architecture and Civil Engineering, 194, Molodogvardeyskaya Street, Samara, 443001, Russian Federation.

Author for correspondence.


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  4. ». Official website of the Government of the Samara Region. Retrieved from: http://
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  6. Federal Law dated 25.02.1999 №39–FZ (as amended on 28.12.2013) «On investment
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