[For the English abstract and full text of the article please see the attached PDF-File (English version follows Russian version)].ABSTRACT Theoretically justified, but remaining less demanded, innovative mechanisms seek and find reasons to assert themselves. The article gives a special place to the problems of development of Russian intelligent transport systems, especially those that allow to create new high-tech products. This topic has gained priority in the light of importance of restructuring public sector of economy, of the need to update legislation to accelerate the development of intelligence-bearing means of organization and maintenance of transportation process. Keywords: railway, legislation, economics, intelligent transport system, financial mechanisms, interaction of government and business, government guarantees, venture projects.