HI-TECH SECTOR SHAPING AND DEVELOPMENT UNDER THE CONDITIONS OF NEW INDUSTRIALISATION

Authors

  • Olga А. Romanova Author

Abstract

The article shows that new industrialization is the key component of the new economic development model
which is designed in Russia. The following special characteristics of this process are defined: synchronization of
the processes of creation of new hi-tech economic sectors and of the modernization of traditional ones; coordination
of changes in the technical and economic sphere and in the social and institutional sphere; interactive managerial
decisions for the implementation of these changes. It is shown that new industrialization is impossible
without creation of indigenous companies at the principally new industrial markets. New trends of global economy
development which will define it in the future according to the new technological wave are described. This
allows to specify the strategic vector of the new industrialization of the Russian economy. Convergent technologies
are justified as the intellectual heart of the hi-tech sector of the Russian economy. The importance of technology
transfer and the need of transformation of the system of innovations support are stressed. It is found that
the industrial policy which combines the priority guidelines of the development of the state, regions and municipalities
taking into account their resource, science and technology and institutional capabilities can be an effective
mechanism for the development of a hi-tech economic sector.

Author Biography

  • Olga А. Romanova

    Doctor of Economic Sciences, Professor, Head of Department of Regional Industrial
    Policy and Economic Security, Federal State Institution of Science Institute of Economics

Published

2017-10-05

Issue

Section

Management of social and economic systems