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Strategic vector of economic dynamics of an industrial region

Author

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  • Olga Romanova

Abstract

In the article, the different directions of Russia’s vector of economic growth for the period from 1991 until 2013 is noted, and factors determining its changing across time are revealed. The periodization of change of the vector of economic growth of the largest industrial region of the country — Ural (according to the all-Russian analogy) is emphasized. It is proved that the positive vector dynamics its development are defined by the possibility of carrying out new industrialization. The concept of new industrialization is offered the functional and catalytic type of its realization is allocated. «A regional institutional contour of new industrialization,» a new concept is introduced. System resources of its realization possible on the basis of innovative components are defined. Mechanisms of carrying out new industrialization are analyzed, and industrial policy as the most important of them is allocated. Taking into account the role change of the state importance increase of business structures, the strategic partnership of the state and business as the mechanism of industrial policy giving the stable and positive direction to the strategic vector of economic dynamics of the industrial region is proved.

Suggested Citation

  • Olga Romanova, 2014. "Strategic vector of economic dynamics of an industrial region," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 43-56.
    • Handle: RePEc:ura:ecregj:v:1:y:2014:i:1:p:43-56
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    Citations

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    Cited by:

    1. Natalya V. NOVIKOVA, 2018. "Russia’s New Industrialisation in the Context of the Regional Economic Development Theories," Journal of New Economy, Ural State University of Economics, vol. 19(4), pages 79-93, August.
    2. Golova, I. M. & Suhovey, A. F., 2015. "Innovation and Technological Development of Industrial Regions Under Social and Economic Insecurity," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(1), pages 94-104.

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