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Corporate competitiveness in terms of import substitution

Author

Listed:
  • Bondareva, N.

    (Moscow University for Industry and Finance «Synergy»)

Abstract

Currently, Russia is experiencing an economic crisis, which is aggravated by the imposition of economic sanctions and the forced application of the policy of import substitution. Import substitution is a complex process in which high technologies and innovations that make products competitive play a leading role. The author pays great attention to the directions of studying the problems of import substitution. It is revealed that the problems and the mechanism of economic policy of the state are analyzed in the most detail, which makes it possible to determine the nature and place of the competitiveness of corporations in the implementation of measures for import substitution. The article deals with the features of corporate competition in the conditions of economic policy of protectionism. Attention is paid to the factors influencing the competition of corporations: the availability of resources, mandatory export of goods, participation in global value chains.

Suggested Citation

  • Bondareva, N., 2018. "Corporate competitiveness in terms of import substitution," Journal of Modern Competition, Synergy University, vol. 12(4-5), pages 65-74.
    • Handle: RePEc:snr:mdrcmp:v:12:y:2018:i:4-5:p:65-74
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    File URL: https://www.moderncompetition.ru/jour/article/view/816
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