Review article

Currently, one of the main factors of the growth of the country's national economy is scientific and technological progress, and, consequently, innovative activities. The management of innovation processes requires at the federal and regional level the knowledge of the regularities, which is why the state regulation of innovation is gaining an increasing importance. To date, the economy of the Russian Federation is dependent on scientific achievements and technological breakthroughs. The paper discusses methods of direct economic regulation of innovation activities in the investment and construction sector. The proposed method of allocating budget funds to support innovations in the regions of the Russian Federation has a positive effect on increasing the innovation attractiveness of the region and business structures.