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Strategizing the National Economy during a Period of Burgeoning Technological Sovereignty

Author

Listed:
  • V. L. Kvint
  • I. V. Novikova
  • M. K. Alimuradov
  • N. I. Sasaev

Abstract

  Topicality. The growing instability of economic systems, the transition of the global market space from a stationary state to a large extent during an extraordinary period are accompanied by an intensification of interregional and international competition for resources and factors of expanded reproduction. This is associated with such significant structural changes and transformations that they actualize the search and justification of new strategic vectors of socio-economic development of national economies for the period of “post-normality†and a longer extraordinary period. It is the application of an effective strategizing methodology that allows the developers of any strategy to focus on the search for new strategic opportunities and breakthrough transformations, focuses on determining and choosing the right and long-term vector of development of the strategizing object. The authors emphasize that “new horizons†strategies or innovative development strategies based on technological competitive advantages are the most effective, which, in the context of limited access to imports of high-tech developments and the impossibility of their cross-border transfer, in particular to Russia, forms a predominant focus on the avant-garde domestic technological developments in the justification of strategic priorities. This causes the activation of processes to form the national economy technological sovereignty and emphasizes its strategic importance.  Aim. Determine the basic directions of strategizing the national economy during a period of burgeoning technological sovereignty.  Tasks. Designate the strategic role of scientific and industrial sectors in the process of national economy transition to technological independence, formulate the financial and the human resources development aspects of strategizing the national economy during a period of burgeoning technological sovereignty.  Methods. The scientific research is based on the general theory of Strategy and strategizing methodology developed by the Center for Strategic Research at the Institute of Mathematical Research of Complex Systems and the Economic and Financial Strategy Department at Moscow School of Economics at Lomonosov Moscow State University with the leadership of Foreign Member of the Russian Academy of Sciences, professor Vladimir L. Kvint.  Results. The authors have shown the relationship between strategizing and the processes of formation the national economy technological sovereignty, clarified the role of industrial strategizing in the national economy during a period of burgeoning technological sovereignty, formulated key aspects of the financial strategy and the labor potential development strategy of the national economy during a period of burgeoning technological sovereignty.  Conclusions. The process of forming the national economy during a period of burgeoning technological sovereignty must comply with the strategizing methodology, follow the long-term regulated stages and methodological principles for the development and implementation of an appropriate national strategy for the transition to technological independence. Particular attention should be paid to industrial and financial strategizing of the transition to technological independence and strategizing the labor potential development of the national economy during a period of burgeoning technological sovereignty.

Suggested Citation

  • V. L. Kvint & I. V. Novikova & M. K. Alimuradov & N. I. Sasaev, 2022. "Strategizing the National Economy during a Period of Burgeoning Technological Sovereignty," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 9.
  • Handle: RePEc:acf:journl:y:2022:id:2076
    DOI: 10.22394/1726-1139-2022-9-57-67
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