Despite the prolonged economic recovery in 1999-2008, investment by Russian corporations in productive capacity was low and deficient in quality. Eichner's model of megacorp gives an insight into investment behaviour of Russian corporations due to its emphasis on indivisibility of investment decision, pricing and distribution of income between profits and wages. The typical Russian corporation is characterised by inseparability of ownership and management due to largely informal control of big insiders over enterprises. The groups, dominating over Russian corporations, seek to maximise the short-term rent. Along with a number of intra-firm conflicts this undermines both the supply of and the demand for investment funds.
The article examines characteristics of digitalization in the Russian economy in its connection with the semi-peripheral position of Russia. The reasons for the lack of efficiency of Russian digitalization and its uneven development in various economy sectors are explained. According to the authors, the root causes of this state of affairs can be seen even in the patterns of the degeneration and disintegration of the Soviet Union, when the features of rent-seeking behavior of the ruling elite were first identified. The article presents the results of a study into the needs for information resources in the sectors of the Russian economy (in comparison with the group of reference countries), which reflect the decline in those in industry and, on the contrary, the concentration in the research and development sector. The authors believe that these data confirm the conclusion about the selective and generally insufficient character of digitalization.
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