organization of innovative activity

Introduction. The tactical objective of the authorities in the field of innovation is the formation of a favorable environment, as «umbrella» over innovation. Theoretical analysis. The article analyzes the activities of executive authorities in the Saratov region, responsible for taking initiatives in innovation, and algorithmic activities of the government of the Saratov region on the creation of favourable innovation climate and innovation infrastructure. Empirical analysis. The mechanisms of influence of the Ministry of industry and energy of the Saratov region, the Ministry of economic development and investment policy, regional Venture Fund and Business incubator for innovative activity in the region analyzed. Discussion of the results. There is support of key state agencies aimed at stimulating innovation activity, commercialization of new inventions, their introduction into production in the Saratov region. Powerful university complex with regional bodies has a direct impact on the development of innovative activities in the region. However, weak industry, the lack of competitive enterprises in a modern technological basis, the bankruptcy of many industrial enterprises, the burden of excessive taxes, high tariffs, lack of investment programs reinforce is negative trends. It requires the review of all innovation, investment and industrial policy in the Saratov region, its adjustment towards the creation of favorable conditions for development of innovative activity.