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State and Perspectives of Development of Domestic Industrial Companies

Author

Listed:
  • N. I. Komkov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • A. A. Lazarev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • V. S. Romantsov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • V. V. Sutyagin

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

The article considers the state and development opportunities of Russian industrial companies based on innovative solutions and new technologies. The heterogeneity of the companies in terms of their innovative activity, competitiveness and successfulness was revealed. Statistical data on the reasons for the low innovation activity of Russian companies, as well as on possible ways to address them, are examined. The systemic nature of the causes and the interconnectedness of methods of their elimination, including the dependence of the innovative activity of the companies on the level of state support for domestic producers, are noted. Among the main factors affecting the innovativeness, competitiveness, and successfulness of Russian companies are the need to reform the financial sector, the transition to targeted project management, and the restoration of the capacity of a complete innovative reproduction cycle.

Suggested Citation

  • N. I. Komkov & A. A. Lazarev & V. S. Romantsov & V. V. Sutyagin, 2020. "State and Perspectives of Development of Domestic Industrial Companies," Studies on Russian Economic Development, Springer, vol. 31(2), pages 212-222, March.
    • Handle: RePEc:spr:sorede:v:31:y:2020:i:2:d:10.1134_s1075700720020045
    DOI: 10.1134/S1075700720020045
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    References listed on IDEAS

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    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. V. V. Ivanter, 2017. "Structural and investment policy as an instrument for modernizing the Russian economy," Studies on Russian Economic Development, Springer, vol. 28(4), pages 364-372, July.
    3. N. I. Komkov & G. K. Kulakin, 2018. "Technological Innovations: Development, Application and Results," Studies on Russian Economic Development, Springer, vol. 29(5), pages 558-572, September.
    4. Alex Coad, 2009. "The Growth of Firms," Books, Edward Elgar Publishing, number 13424.
    5. Hein Roelfsema & Yi Zhang, 2018. "Internationalization and Innovation in Emerging Markets," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 12(3), pages 34-42.
    6. N. I. Komkov, 2017. "Scientific and technological development: Limitations and opportunities," Studies on Russian Economic Development, Springer, vol. 28(5), pages 472-479, September.
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    Cited by:

    1. N. I. Komkov & T. Kh. Usmanova & V. V. Sutyagin, 2021. "Technology Modernization Opportunities in the Russian Economy," Studies on Russian Economic Development, Springer, vol. 32(6), pages 648-655, November.
    2. S. I. Dolgikh & B. S. Potanin, 2023. "The Impact of Public Administration on the Efficiency of Russian Firms," Studies on Russian Economic Development, Springer, vol. 34(1), pages 59-67, February.

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