Special Aspects of Innovative Product Development by Knowledge-Intensive Businesses in the Current Economic Conditions

Abstract

The article discusses the task of development of the Russian industry is not only to ensure the transition of the economy to the trajectory of sustainable development, but also to change the quality of economic growth. Here, an important role belongs to the state scientific and industrial policy which determines the overall economic strategy and the most promising basis for development. Experience shows that the priority development of the resource-based industries that have become the leading sectors of the Russian economy to date is unable to solve the problem of economic upsurge fundamentally and for the long haul. Creating new high-tech products is a complex and multifaceted process that includes scientific, technical, production, economic and social aspects, and the functioning in the market conditions requires improving the organization and management of production in the lower tier of the national economy, i.e. at the enterprise level. In the process of development of new products, certain production and management relations are established between the business units of the enterprise and between related firms, which relations reflect the links between the direct manufacturers of products, management staff, as well the organization of joint activities of participants in the production of new products. Economic growth should be based on the priority development of the group of export-oriented industries capable of being a stable, long-term driving force of development, the most promising basis for the growth of the Russian economy due to intensive factors. High-tech enterprises of the defense industry being part of the High-Tech Complex (HTC) of Russia basically form the backbone of such industries.