The article analyzes the impact of foreign investments on the development of the Russian economy. The authors researched the period of 2006-2012. Basing on the statistics, it is shown that foreign investments do not represent themselves as a significant tool for development. Development institutions and organizations which declare the possibility of sustainable development through foreign investments are not able to provide tindicated results except for the individual projects in a limited number of regions.
Keywords: innovative economy, development institutions, structure of foreign investments, main sources of foreign investments, structural changes in the Russian economy, results of the development institutions' activities, performance evaluation of development institutions