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Towards the innovation-focused industry development in a climate of digitalization: the case of Russia

Author

Listed:
  • Tatiana Vitalievna Pogodina

    (Financial University under the Government of the Russian Federation, Russian Federation)

  • Vera Grigoryevna Aleksakhina

    (University of Technology, Russian Federation)

  • Vladimir Arsenjevich Burenin

    (Moscow State Institute of International Relations, Russian Federation)

  • Тatiana Nicolaevna Polianova

    (Moscow State Institute of International Relations, Russian Federation)

  • Lenar Albertovich Yunusov

    (Moscow State Institute of International Relations, Russian Federation)

Abstract

Aims: the purpose of this paper is to determine, based on an analysis of innovation processes within industry, some of the key issues in and priorities for the management of the technological development of the national economy through the example of Russia. Results: the paper identifies some of the key trends in and characteristics of the development of Russia’s industrial complex and the potential for integrating it into the world economic system using the tools of marketing. The authors prove that in today’s realities it is advisable to develop appropriate organizational-economic forms of entrepreneurship to stimulate innovation activity. The paper identifies some of the key factors influencing investment processes in machinery manufacturing (workforce qualifications, production volume, dynamics of demand for the sector’s output, level of innovation activity within the sector, etc.). Conclusions: the paper identifies a set of key marketing tools for stimulating innovation processes within the industrial complex in a climate of the development of a digital economy in Russia by reference to different phases in the lifecycle of the innovation process. The authors identify the key focus of innovation activity, which is a focus on the creation of network added value. The paper brings forward a client-oriented model of expanded innovation process based on the building of technological chains by industrial companies.

Suggested Citation

  • Tatiana Vitalievna Pogodina & Vera Grigoryevna Aleksakhina & Vladimir Arsenjevich Burenin & Тatiana Nicolaevna Polianova & Lenar Albertovich Yunusov, 2019. "Towards the innovation-focused industry development in a climate of digitalization: the case of Russia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1897-1906, June.
    • Handle: RePEc:ssi:jouesi:v:6:y:2019:i:4:p:1897-1906
    DOI: 10.9770/jesi.2019.6.4(25)
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    References listed on IDEAS

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    1. Oumhani Eddelani & Najiba El Amrani El Idrissi & Salvatore Monni, 2019. "Territorialized forms of production in Morocco: provisional assessment for an own model in gestation," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(1), pages 6-18, March.
    2. Peter J. Buckley & Jeremy Clegg & Chengqi Wang, 2010. "Is the Relationship between Inward FDI and Spillover Effects Linear? An Empirical Examination of the Case of China," Palgrave Macmillan Books, in: Foreign Direct Investment, China and the World Economy, chapter 9, pages 192-215, Palgrave Macmillan.
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    Citations

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    Cited by:

    1. Emil Velinov & Milan Maly & Yelena Petrenko & Igor Denisov & Vasko Vassilev, 2020. "The Role of Top Management Team Digitalization and Firm Internationalization for Sustainable Business," Sustainability, MDPI, vol. 12(22), pages 1-11, November.
    2. Meqbel Mishary Aliedan, 2020. "Overall business climate and its impact on environmental sustainability: analyzing evidence from ASEAN countries," Post-Print hal-03121009, HAL.
    3. Andrés Camacho, 2020. "The role of science-oriented workers on innovation: the case of the accommodation industry in Colombia," Documentos de Trabajo UEC 19547, Universidad Externado de Colombia.
    4. Ane-Mari Androniceanu & Irina Georgescu & Manuela Tvaronavičienė & Armenia Androniceanu, 2020. "Canonical Correlation Analysis and a New Composite Index on Digitalization and Labor Force in the Context of the Industrial Revolution 4.0," Sustainability, MDPI, vol. 12(17), pages 1-20, August.
    5. Andrey Paptsov & Vasiliy Nechaev & Pavel Valerievich Mikhailushkin, 2019. "Towards to a single innovation space in the agrarian sector of the member states of the Eurasian economic union: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 637-648, September.

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    More about this item

    Keywords

    industrial complex; technological development; tools of marketing; digital economy; technological platforms;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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