Features of Structural and Technological Modernization of Industry in the Russian Federation

Introduction. The need for modernization is due to the achievement of the productivity limit within the existing technological order, as well as the systemic crisis of the Russian industry. Theoretical analysis. Based on the semantic analysis of terms, the essential features of the modern stage of modernization transformations were identified: large-scale changes in existing industries under the influence of the “breakthrough” technologies’ use, which will lead to changes in the chains of consumer value creation and the formation of new business models based on platforms; the emergence of new markets, whose members may become counterparties for enterprises of traditional industries; high importance of government initiatives for the implementation of transformations. Modernization beyond industry should affect both state and public institutions. Empirical analysis. Based on the analysis of statistical data, the current state of the Russian industry was assessed. The unevenness of industrial production in the sectoral and regional context was confirmed. On the example of the Sverdlovsk region, it is determined that the regional priority of structural and technological modernization of industry is mechanical engineering. Key areas of machine-building production growth in the region, prospective existing and future markets for the sale of their products, including radio electronics, additive manufacturing, aircraft and shipbuilding, railway technology, space systems, nuclear medicine, photonics, robotics, have been identified. Results. Most of the domestic industrial production corresponds to the third technological order, while developed countries are moving to the sixth. The thesis on the structural degradation of Russian industry, which occurred as a result of the deepening of inefficient specialization in low-tech energy- and resource-intensive industries and the actual loss of certain industries of investment and social importance, was confirmed.

Moral Component of Economic Consciousness and its Role in New Industrialization of Russia

The maintenance of national security and the
implementation of a strategic course for innovative development in
conditions of economic sanctions by the Western countries and the
need to raise the issue of new industrialization of import substitution
(reindustializacii). Implementation of the strategy requires action on
the reindustrialization of the financial resources of the innovation
process, affecting the economic interests of the subjects, moral
norms and the principles of economic consciousness. Methods.
The study uses treatment of concepts in the scientific literature, the
dialectic of the General and specific, multidisciplinary and production
approaches. Theoretical analysis. The article examines the
role of ethical-moral component of economic consciousness in new
industrialization strategy. Emphasizes the importance of moral and
ethical values and attitudes of entrepreneurs in making decisions on
the use of the proceeds-or for the development and modernization
of production, or for personal enrichment and export capital abroad.

Results. The level of morality of real proprietors of the national wealth
in Russia, financial oligarchy allows you to use the power of the State
not to invest in innovation, and in their own interests through corruption,
lobbying, development and adoption of the State budget and
other economic and political decision-making. From the entrepreneurs
observed deformation of ethical principles and standards of conduct,
which is manifested in violations of labour standards. Approach to
addressing violations of morality must be a system, and legislative,
economic, and psychological and ideological measures.

Quality of Investment as a Factor of Reproductive Potential and Competitiveness of the Region

Introduction. Further successful development of the Russian regions should be based on the strategy of modernization. Identification of the main problems of economic development of regions, especially investment, should be an important stage in the construction of this strategy. The methodology and results of the study is analysis of the extent and dynamics of indicators of investment activity in the regions, as well as the assessment of the level and quality of the use of the most important elements of their reproductive capacity required in determining the degree of implementation of the strategy of modernization. Theoretical analysis. The process for determining the effectiveness of investment activity at the regional level offered, and the rating of regions of the Russian Federation on key indicators of return on investment is made. Discussion of the results. The study found that some regions, occupying relatively high positions in the main macroeconomic indicators of gross product, have a number of problems in its investment development. Obstacle to the modernization of the economy of the Russian regions is their under- investment. As a guide the long-term development must be put as a goal to achieve and exceed the national average values. Also some measures the effective implementation of the reproductive potential of the regions offered.

The Question of How Endogenous Growth Conditions and Criteria Modernization

Introduction. Food security in Russia, increasing the competitiveness of the Russian economy on the world market is now becoming a driver of economic growth. Theoretical analysis. The article analyzes the theories of economic growth. Formulated conditions, factors and assumptions of technological modernization of the economy. The principles of the impact on ekonomiku- 5I. Discussion of results. In the framework of the theory of endogenous growth models and existing approaches are organized into groups. It is proved that the optimal point for Russian economic growth is the high-tech sector, who is at the stage of innovation development. Along with the existing traditional factors endogenous growth presents modern factors such as level of education, capital productivity, efficiency innovation, social development, inter- national trade, innovative management approaches. Based on the statistics of the World Bank formulated trends of the United States, Japan, Germany, Britain, France, and Russia, Brazil, Nigeria. Proved the impact of investment in science in developed countries and in countries with an average level of intellectual capital on economic growth.