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Region: Economics and Sociology

2011 year, number 1

Industrial policy in Russia: present state and problems

V.M. Gilmundinov
Keywords: industrial policy, resource orientation, competitiveness, economy, sectoral structure, innovation development
Pages: 104-117

Abstract

The paper analyses how Russian industrial policy could be improved to ensure the innovation development of the country. We show that a service-resource orientation of the Russian economy originates from lack of the active policy aimed at the priority development of high-tech industries which must be accompanied with the arrangements to build the innovation infrastructure through applying foreign high-tech technologies. The conclusion is that macroeconomic factors significantly define a sectoral structure of the national economy, and due to this fact the industrial policy should be supplemented with flexible measures of building more favorable conditions for the development of a manufacturing sector in Russia.