Institutional-Indicator Approach to Assessing the Effectiveness of Regional Innovation Policy
Abstract
This article analyzes the institutional-indicator approach to assessing the effectiveness of regional innovation policy from a scientific, theoretical and practical perspective. The study is based on a comparison of mechanisms for measuring the effectiveness of innovation policy in Uzbekistan and international experience for the period 2010–2024. The article highlights the advantages of the indicator approach, that is, its role in monitoring regional policy as a comprehensive assessment system that combines economic, institutional and social factors. The concept of the “Institutional Coherence Index (IHI)” is also developed, through which the effectiveness of innovation policy in Namangan region is analyzed based on empirical data. The results of the study show that the indicator approach allows us to determine not only economic growth, but also the interrelationship between scientific potential, technological infrastructure and the management system. This methodology allows us to comprehensively take into account institutional factors in addition to traditional economic indicators when assessing innovation policy.
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Copyright (c) 2026 Sanjar Ganiev
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