Abstract. This article deals with one of the major issues of Russian economy -with steps towards import substitution in the key Russian industries. The research is aimed to elaborate methodological approach to import substitution in Russian Federation industry. The main methods used in our research are complex analysis and system analysis as they enable us to reveal the system and local problems of import substitution, uncover the relations and interdependence of management subjects and elements of companies in import substituting industries and to develop methodological toolkit for problem-solving. In the article, methodological approach to organizing an import-substituting industry is developed, index of evaluating the competitiveness of import substituting production is introduced based at research of 10 industrial companies. Findings of this article can be useful for scholars interested in foreign trade and for specialists in industrial sector dealing with the production processes based on import substitution.
The purpose of the study is to analyze industrial policies that have been practiced in various parts of the world over the past several decades, as well as the principles and structural components (e.g. scope, agents, priorityoriented approaches, incentives and outcomes) of a multi-level industrial policy adapted to the new economic realities. The study is focused on the levels at which the industrial policy is shaped and implementedfrom an individual manufacturing company level to the national one. The paper proves that it is critical that the national industrial development strategy is based on import substitution (the national industry cannot develop without manufacturing high-tech products with high added value). The authors analyze Russia's industrial policy regulations and look into the history of creating the legal framework for the national industrial policy. The methods proposed for implementing the industrial policy use a systematic approach, the concept of market agents' rational behavior and comparative analysis. Along with traditional methods of industrial policy making, structural and foresight methods are discussed. Special attention is given to import substitution, a type of economic strategy and industrial policy which is new to Russia. Import substitution is expected to result in higher competitiveness of Russian manufacturers and their products, which will be achieved by stimulating modernization of manufacturing processes, enhancing productivity and launching new competitive products with relatively high added value. The main conclusion drawn from the study is that the industrial policy should be shaped and implemented on four levels. For the individual company level, this approach suggests using a model that relates resources to outcomes. The article gives a detailed description of this model's structural elements and their relations. Considering that the management process tends to change, and changes in both international and domestic environment necessitate altering structural components or relations between them, or introducing new components, a list of issues to be discussed is proposed.
One factor that determines timeliness of the research topic is that the modern society where knowledge is a priority feels that, nowadays, the use of digital technologies should be a standard practice for interaction between actors of the Russian market for oilfield services. Considering the above, this paper is aimed at working out interaction methods for those oilfield service market actors who are involved in equipment reconditioning and renovation. In their research the authors mainly relied on systematic analysis, integrated analysis and economic mathematical modelling. This approach allowed them to develop comprehensive and realistic algorithms for and models of effective interaction between oilfield service market actors using digital technologies. Materials presented in the paper are of practical value for researchers and experts who deal with problems arising from the use of state-of-theart technologies for better interaction between oilfield service market actors and managers of companies operating in oil and gas sector who outsource certain business processes of equipment reconditioning and renovation.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.