Abstract

This article is aimed at considering current sources of financing for high-tech projects. In the article, statistical data confirm the orientation of developed and developing countries' economies towards the generation of high-tech products by the dynamics of added value in high-tech and medium-high-tech industries, respectively - support for high-tech manufacturing enterprises and industries as a whole. Lists of high and medium-high-tech adopted sectors in the Russian Federation, in the United States, and in European nations, and a list of critical technologies are given. Special attention is given to the essence of the high-tech projects, concept, through the implementation of a rise in the share of high-tech products. The article identifies the main characteristics that distinguish a high-tech project from an innovative one. The dynamics of value-added in high-tech and medium-high-tech sectors of the economies of developing and developed countries are studied in conjunction with R & D spending in high-tech sectors of these countries. On the example of the United States (the global leader in the high-tech industry), the structure of financing high-tech projects carried out by companies at the expense of internal financing, that is, own funds is investigated. Based on the Russian Federation, the volumes of attracted cash in the form of grants and the amount of borrowed cash in the form of a subsidy for the implementation of high-tech projects in dynamics for 2012-2018 are investigated.

Highlights

  • In case of a change in the world's technological dominance, the transition from a resource economy to an innovative economy, that is, the formation of non-resource global competitive industries, special attention is spent on breakthrough technologies

  • There is no specific interpretation of the «high-tech project»concept in the scientific literature

  • Some authors link it with an innovative or high technology project. They associate high-tech projects with projects implemented in high technology or high technology organizations

Read more

Summary

Introduction

In case of a change in the world's technological dominance, the transition from a resource economy to an innovative economy, that is, the formation of non-resource global competitive industries, special attention is spent on breakthrough technologies. Industries that intensively use these technologies, and implement technological innovations in them, have a pivotal role in the dissemination of a new technological structure and are bearing industries the scientific works of Glazyev S.Yu evidence this. - Technological updating of traditional industries [Decree of the Government of the Russian Federation];. - An expansion in the share of products of new high technology manufacturing and knowledge-intensive services in the gross domestic product based on structural transformations in the country's economy [Decree of the Government of Published by Sciedu Press. - Growth in export revenues of high technology products, services and technology intellectual rights [Decree of the President of the Russian Federation of December] Industries that intensively use these technologies, and implement technological innovations in them, have a pivotal role in the dissemination of a new technological structure and are bearing industries the scientific works of Glazyev S.Yu evidence this. (Decree of the President of the Russian Federation), and the legislative acts that determine the strategic guidelines of the country in the field of scientific and technological development confirm [Decree of the Government of the Russian Federation]:

Objectives
Results
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.