Paper Title
Assessing development trends of St. Petersburg Regional Innovation System

Abstract
In this article study was conducted of the regional innovation system of St. Petersburg. Were installed the strengths and weaknesses of the innovation system of St. Petersburg, as well as identifying possible methods to improve the competitiveness of regional innovation system in St. Petersburg. In the study, were considered and studied three areas of analysis: innovative products, the market of innovative products and organizations of innovative infrastructure. For each area of research have been defined: statistical data describing the direction of data collected through business surveys and expert assessments. Data collected in St. Petersburg, were compared with data obtained in other regions of Russia belonging to the group of regions - leaders of innovative rating. Also, in order to reflect the interaction of the studied elements of the regional innovation system was the survey of heads of enterprises and organizations, or managers responsible for innovation development. Keywords - Regional innovation system, Innovation potential, Region, Innovations, Competitive advantage, Innovation project.