Abstract

The purpose of this research is to substantiate the necessity for Russia to adopt a neo-industrialization policy as a tool for overcoming the consequences of the global crisis. The research hypothesis assumes that the competitiveness of Russian regions in crisis conditions cannot be enhanced without transforming the regional innovation priorities with regard to modern science and technology developments, production demands for modernization and import substitution, and accelerated the formation of the high technology sector. The authors believe that one of the main reasons for the current structural crisis in Russia is ignoring the determining impact of the innovations and technology development on the country’s regional socio- economic systems as a whole. The verification of this hypothesis based on the analysis of the official statistics revealed a number of negative tendencies impeding the country in overcoming the crisis phenomena through accelerated development of modern technological paradigms: decreasing staff component and deteriorating quality of the Russian science, widening the gap between the financial support in Russia and developed countries, reducing opportunities for innovation business development, and a lack of motivation for manufacturers to engage in innovation activities. The authors substantiate the necessity to strengthen the state innovation policy for the recovery of Russia’s socio-economic situation. They propose a methodological approach to choosing the priorities of innovation support for the economic development of Russian regions based on a comprehensive review of the condition and challenges in the development of research potential, the region’s business environment, and its ability to master innovations. Calculations are made to assess the possibility of creating innovation activity centers in the Russian regions of various types aimed at increasing the specific weight of high-tech companies focused on the production of innovations to address import substitution and economy neo-industrialization tasks urgent for Russia. The authors developed their own methodology to evaluate the possibilities of forming various types of innovation activity centers in the Russian regions aimed at increasing the specific weight of the high-tech sector and creating domestic high- tech companies, and focused on the production of innovations to address import substitution and economy neo-industrialization tasks urgent for Russia. The article is addressed to innovation management experts.

Highlights

  • It is well known that Russia possesses the world largest gas reserves and its deposits account for % of the world's known oil reserves, % of coal, and 26 % of iron ore 2

  • Golova structural crisis is not an exclusion. It evidences a depletion of resources in traditional production sectors and even in microelectronics, as well as hydro carbon energy carriers, and an urgent need for structural economy transformation with a focus on technology, first of all the sixth technological paradigm. It follows that amid a global crisis the negative consequences of which are even worse for Russia due to the ongoing economic sanctions 7, production recession, collapse in oil prices and, as a result, a catastrophic fall of ruble, the immediate and radical reconsideration of the socio-economic development strategy and adjustment of its priorities towards neo-industrialization become of a special relevance and significance for the country

  • The analysis demonstrates an urgent need, without any alternatives, for an accelerated neoindustrialization of Russia's economy with an intensive introduction of the sixth-paradigm technologies, which will provide the preconditions for overcoming its technology lag behind developed countries and for stabilizing its economy

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Summary

Introduction

It is well known that Russia possesses the world largest gas reserves and its deposits account for % of the world's known oil reserves, % of coal, and 26 % of iron ore 2. Even amid the current crisis, Russian soils annually produce 1/10 of oil, about 1/4 of natural gas, 12 % of nickel, 10 % of wolfram, a substantial part of other non-ferrous and rare metals, and 12 % of potassium salts of the total mineral resources produced by the global community. Such reserves are a dream for any country. (According to the Ministry of Economic Development of Russia, in 2016 the GDP growth rates will only be 0.7 % y-o-y with the oil price of 50 US dollars per barrel 6). Even a halved or inertial scenario based on preserving the existing development tendencies will lead to further deterioration of the economic situation, GDP contraction, continuing decrease in the production volumes in the basic industries, and rising unemployment rates

Crisis as an Impulse for Economic Growth and Structural Transformations
Chelyabinsk Oblast
Kaluga Oblast
Lipetsk Oblast
Findings
Conclusion
Full Text
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