Economic Realities and Strategic Orientation of the Development of Russian Industry

Abstract

The authors substantiate a vital taskthe need to develop industrial and post-industrial potential of the Russian economy. Problems in the activities of industry in the Russian Federation revealed through analysis of statistical data (low level of average annual production capacity utilization, high physical depreciation of fixed assets of industrial enterprises, lack of investment resources for the development of Russian industry, low level of yield and profitability of sales, reduction in the number of employees, and shortage of highly qualified workers) indicate inappropriate condition of industry in terms of changes in external economic environment that requires modernization of organizational and economic mechanism for managing industrial enterprises. The conclusion was made about the strategic vector of the further development of domestic industry in the direction of comprehensive reindustrialization which is a new industrialization (neo-industrialization) based on the latest technological paradigm.