The article examines from a historical point of view the role of higher education organizations in the life of society and in the innovative development
of Russia. The current situation of the Russian higher school, the strengthening of its focus on innovation, the possibilities of contribution to the socioeconomic
development of the regions are shown.
Leading national research universities in Russia demonstrate the most successful models of innovation management, including positioning based on
scientific image, perform the role of the central node of the innovation ecosystem in their regions, attract more extra-budgetary funding.
An analysis of the financial and economic activities of Russian higher education organizations has shown a direct impact of research activities on
the investment attractiveness of the university, the growth of income and image. The revenues of the leading federal, large classical and national research
universities from research and development are about 17% higher than in the main regional universities, which, at the same time, have more scientific and
pedagogical workers with an academic degree.
It is concluded that insufficient efforts are being made by the subjects of the federation to develop the innovative potential of universities in their
territory, they are underestimated as a source of attracting investment to the region. Proposals are given in the direction of organizational and financial support
by regional authorities of scientific and innovative activities of local higher education organizations for the formation of a favorable investment image.
Keywords: university, higher education organizations, innovative development, region, investment attractiveness, R&D financing
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