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Technological development of industrial regions: The ecosystem approach

Author

Listed:
  • Marina V. Evseeva

    (Ural State University of Economics, Ekaterinburg, Russia)

  • Evgeny N. Starikov

    (Institute of Economics of the Ural branch of the Russian Academy of Sciences, Ekaterinburg, Russia)

  • Mikhail P. Voronov

    (Institute of Economics of the Ural branch of the Russian Academy of Sciences, Ekaterinburg, Russia)

Abstract

Providing effective industrial management is a complex task that can be resolved through a qualitative analysis of the state of the controlled object. The article assesses the influence of the Industrial Development Fund as a key financial institution of the RF industrial policy on technological development of regional industrial ecosystems. The methodological basis of the study was the theory of industrial policy and ecosystems, as well the concept of a technological hierarchy; the methods applied are functional, logical-structural and comparative analysis. The empirical base includes 634 companies engaged in the processing sector of industrially developed regions (Sverdlovsk, Chelyabinsk, Samara, Yaroslavl, Nizhny Novgorod oblasts, Perm krai, and the Republics of Tatarstan and Bashkortostan). The research timeframe is from 2015 to 2019, which was due to the adoption of the Federal Law no. 488-FZ “On the industrial policy of the Russian Federation” of December 31, 2014. In contrast to the works based on the traditional sectoral approach, the object of analysis is industrial ecosystems structured in accordance with the hierarchy of system and component technologies. The dynamics of fixed-asset turnover for the studied period is used as a universal indicator of technological development of regional industrial ecosystems. In the study, we identify an industrial ecosystem having several cores, which are 3 system technologies and 17 corresponding component technologies. Having analyzed the technological focus of the projects supported by the Industrial Development Fund, we found that fixed-asset turnover has a positive trend in those regions enjoying system state support for technological development projects implemented by companies participating in the ecosystem. This confirms the hypothesis that the adjustment of instruments for the technological development of industrial policy should receive special attention, while taking into account the intensifying ecosystem effects in the industrial spheres of the economy.

Suggested Citation

  • Marina V. Evseeva & Evgeny N. Starikov & Mikhail P. Voronov, 2021. "Technological development of industrial regions: The ecosystem approach," Upravlenets, Ural State University of Economics, vol. 12(3), pages 13-30, July.
    • Handle: RePEc:url:upravl:v:12:y:2021:i:3:p:13-30
    DOI: 10.29141/2218-5003-2021-12-3-2
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    References listed on IDEAS

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    5. Justin Lin & Ha-Joon Chang, 2009. "Should Industrial Policy in Developing Countries Conform to Comparative Advantage or Defy it? A Debate Between Justin Lin and Ha-Joon Chang," Development Policy Review, Overseas Development Institute, vol. 27(5), pages 483-502, September.
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    Cited by:

    1. Svetlana V. Orekhova & Andrey V. Misyura, 2021. "Agriculture and industry in Russia: Are there any indications of an entrepreneurial ecosystem?," Journal of New Economy, Ural State University of Economics, vol. 22(3), pages 69-83, October.
    2. Evgeny N. Starikov & Marina V. Evseeva & Ilya V. Naumov, 2022. "Industrial growth and specialisation: The impact of the government support tools," Journal of New Economy, Ural State University of Economics, vol. 23(3), pages 86-108, October.

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    More about this item

    Keywords

    technologies; technological development; industrial policy; state support; industry; industrial ecosystem; industrial region;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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