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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">umovest</journal-id><journal-title-group><journal-title xml:lang="ru">Статистика и Экономика</journal-title><trans-title-group xml:lang="en"><trans-title>Statistics and Economics</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2500-3925</issn><publisher><publisher-name>Plekhanov Russian University of Economics</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.21686/2500-3925-2014-1-74-81</article-id><article-id custom-type="elpub" pub-id-type="custom">umovest-337</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ЭКОНОМИКА</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>ECONOMICS</subject></subj-group></article-categories><title-group><article-title>РЫНОК ЦЕННЫХ БУМАГ КАК ИНДИКАТОР ИННОВАЦИОННОЙ ЭКОНОМИКИ</article-title><trans-title-group xml:lang="en"><trans-title>SECURITIES MARKET AS AN INDICATOR OF INNOVATION</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Аскинадзи</surname><given-names>Виктор Михайлович</given-names></name><name name-style="western" xml:lang="en"><surname>Askinadze</surname><given-names>Victor M.</given-names></name></name-alternatives><email xlink:type="simple">VMAskinadzi@mesi.ru</email><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>МЭСИ</institution><country>Россия</country></aff><aff xml:lang="en"><institution>Moscow State University of Economics, Statistics and Informatics (MESI)</institution><country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2014</year></pub-date><pub-date pub-type="epub"><day>09</day><month>08</month><year>2016</year></pub-date><volume>0</volume><issue>1</issue><fpage>27</fpage><lpage>31</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Аскинадзи В.М., 2016</copyright-statement><copyright-year>2016</copyright-year><copyright-holder xml:lang="ru">Аскинадзи В.М.</copyright-holder><copyright-holder xml:lang="en">Askinadze V.M.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://statecon.rea.ru/jour/article/view/337">https://statecon.rea.ru/jour/article/view/337</self-uri><abstract><p>В статье рассматривается возможность использования фондовых индексов в качестве индикатора формирования инновационной экономики. Отмечается важность учета динамики изменения фондовых индексов и их волатильности.</p></abstract><trans-abstract xml:lang="en"><p>The article presents a potential possibility to use stock market Indices as an indicator of emerging innovative economy. The focal point is the significance of taking into account the stock market Indices’ dynamics and volatility.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>инновационная экономика</kwd><kwd>интеллектуальные ресурсы</kwd><kwd>рынок ценных бумаг</kwd><kwd>динамика фондовых индексов</kwd><kwd>волатильность фондовых индексов</kwd><kwd>innovative economy</kwd><kwd>intellectual resources</kwd><kwd>stock market Indices’ dynamics</kwd><kwd>stock market Indices’ volatility</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Bontis N., Intellectual Capital: an Exploratory Study that Develops Measures and Models // Management Decision, 1998, 36/2, p.67.</mixed-citation><mixed-citation xml:lang="en">Bontis N., Intellectual Capital: an Exploratory Study that Develops Measures and Models // Management Decision, 1998, 36/2, p.67.</mixed-citation></citation-alternatives></ref><ref id="cit2"><label>2</label><citation-alternatives><mixed-citation xml:lang="ru">Stewart, T.A. 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