Innovation and Investment Safety as the Condition for Neo-Industrial Development

Abstract

1. Introduction 1.1 Introduce the Problem In active scholarly disputes concerning the reasons and consequences of global financial and economic crisis of 2008-2009 the predominant part of researches is focused on its crucial nature. Its scale was stipulated by accumulation of critical changes at global and national levels, industrial and social spheres, developed and developing economies. At global level the crisis became a definite boundary for realization of illiberality of world economy based on subordination of real sector to speculative and financial one (Tatarkin et al., 2014). At national level it provided a search for a new model of growth that in different countries takes place when there is joint realization of significance of real economy in general and industry in particular. In such circumstances the matter of scientific and practical interest is the concept of new industrialization being in its essence high-technology, knowledge-intensive and digital revolution that puts emphasis on increase of competitiveness of economic system and provision of innovative quality of economic growth. The multiplicate system problematics of new industrialization of Russia has been discussed and is being under all-round discussion of chiefly Russian economic school (Amosov (2014), Gubanov (2014), Neshitoi (2014), Alekseev (2014). Sukharev (2014), etc.). At the same time various aspects of the concept one can find nowadays in foreign economic science as well (Vithayasrichareon et al. (2012), Popovic (2012), Wrobel (2013), Wen (2015), Zaini et al. (2014), Kwak et al. (2015)). Neo-industrial formula of Russia's development goes hand in hand with growth of innovative accumulation and extended reproduction on the innovational basis. Against such a background the main condition for country's transition to new concept of economic development is the creation of economic and institutional premises and achievement of rational (uttermost) criteria of and investment activities' safety. 1.2 Explore Importance of the Problem Theoretical importance of the research lies in explanation of and investment as the sub-system of national economic safety. Its achievement is the obligatory condition and background for realization of investment policy aimed at forcing of neo-industrial modernization of national public production, provision of innovative quality of economic growth and achievement of high level of population's living. It should be noted that at the present time the category of innovation and investment safety is being quite undeveloped and controversial--there is no coherent idea about its criteria and indicators, dialectic interaction between and investment and innovative economic growth and neo-industrial development, ways of determination of risk-contributing factors that forms threats in the named sphere. The specified theoretical limitations are being constraining factor for development of effective national investment policy as the basis for transition of Russia to innovative path of development. 1.3 Background/Literature Review Today closer attention of both--Russian and foreign scientists--is paid to the matters linked to the choice of a new model of global economic and national development. The main evidences of this are so-called reshoring strategy (Cameron, 2014) implying of productions back home, the phenomenon of return of industry to economy, Industry 4.0 concept in Germany and heated discussion on conditions and methods of neo-industrialization in Russia. Against such background for Russia and the world economy at the present time there are new global and macroeconomic challenges, primarily--in the sphere of realization of safe investment policy for the purpose of neo-industrial development of economy. In this connection in the system of economic the research of and investment as its key sub-system becomes feasible. …