Abstract

The global crisis processes that began in 2008 are special, as they signify a change in the epoch shift – from industrial to post-industrial, with a radical reduction in the negative impact on nature and a careful attitude to non-renewable natural resources. The innovations arising during this period affect all spheres of sustainable development – from environmental and technological to economic and social ones. The penetration of global crisis processes into Russian economy has reduced the demand for innovative products, has reoriented investments to maintain output volumes instead of improving the environmental performance of production. The negative consequences of the crisis in Russia include reducing the chances of survival for emerging innovative enterprises, reducing the share of regions that have taken the path of sustainable development, when industrial output growth does not worsen the ecological situation. Therefore, the relevance of an accurate analysis of the factors influencing the global crisis on the innovative development of industry, defining prospects for reducing resource use and investing in environmental protection measures, is greater than ever. In this article, a factor analysis of the impact of the crisis on the innovation activities of Russian industrial firms in the crisis years of 2008 and 2015 was carried out based on data on the main indicators of the enterprises activities. The authors highlighted a number of independent factors influencing crises on sustainable development, with special attention paid to innovative human potential.

Highlights

  • In 1987, a specially created UN World Commission on Environment and Development formulated the Concept of Sustainable Development, the idea of which was that economic development should not be detrimental to the environment

  • Ecology has gradually begun to come to the fore in the system of global relations, becoming the engine of sustainable development

  • Under the influence of all independent factors, the Index of Economic Development of Enterprises Engaged in Innovation Activities, the Salary Index of Employees Involved in Innovation Activities, and the Index of the Use of Current Assets decreased in the crisis year 2008

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Summary

Introduction

In 1987, a specially created UN World Commission on Environment and Development formulated the Concept of Sustainable Development, the idea of which was that economic development should not be detrimental to the environment. A new model of development of the world economy is being formed. The catalyst for this process was the financial and economic crisis. Ecology is increasingly becoming the engine of economic development, largely affecting the political, social and cultural spheres. This is manifested in the formation of international and national sustainable development policies, special amendments to the laws, large-scale investment and introduction of innovations in environmental projects. The impact of the crisis on sustainable development occurs in the form of reducing investment in environmental protection and technological innovation, underinvestment of human development, aging of fixed capital and maintaining a high level of resource consumption

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