LAUSR

National innovation systems (NIS) are generally perceived as a set of interconnected organizations (or structures) that domestically produce and commercially implement scientific knowledge and technology. The development of any national innovation system is the key element for shaping up the scientific values in every country. Our paper identifies the trends in global innovation and technological scope associated with the formation of global economic relations, global investment, the flow of knowledge, technology, increased internationalization of R&D, and the formation of global innovation networks. In addition, it attempts to trace the relationship between instrumental values associated with the perception of science and technology and the development of NIS within the context of sustainable economic development using a case study from Russia. The paper carries out the analysis of values on the basis of the World Values Survey (WVS), as well as statistical indicators characterizing the development of the national innovation system. The obtained quantitative results stemming from our empirical model are further refined with the help of qualitative research, including the narrative economics approaches. Our results might be beneficial for the stakeholders and policymakers working with innovation policies and approaches in business, economics, and education.