ABSTRACT
This chapter considers one of the aspects of the problem of developing efficient regional investment policy, namely, the specification of the features and components of investment strategy and policy which help succeed in interregional investment competition, and thereupon substantiates the criteria for the choice of regions which can form a benchmarking partnership. Investment policy is interpreted as a system of principles and mechanisms of management and a region investment processes regulatory activity reflected in the legal documents. The policy determines the conception stated in the strategy and principles of investment activity management; it is correlated with the choice of priorities and specific forms and methods. The Association of Innovative Regions of Russia rates Moscow, Kaluga Region, Moscow Region and Yaroslavl Region among strong innovators, and Voronezh Region, Tula Region, Lipetsk Region, Vladimir Region and Ryazan Region as medium strong. The other CFD subjects are defined as medium or medium weak innovators.
