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June 2020 (published: 19.06.2020)
Number 2(41)
Home > Issue > Hypothesis, causes and consequences of the separation of the traditional
and innovative subsectors in the real sector of the Russian economy
Zueva O.A.
At present, the competitive advantages of different farms are determined by production factors, investments, and advanced technologies. The national economy of Russia is characterized by raw material specialization, attempts to improve the investment climate without focusing on the innovative development of the real sector. This state of inadequacy is due to the growing trend of the disequilibrium of the financial and real sectors of Russia and the complication of the separation of the traditional and innovative subsectors, unlike other countries, which violates the safety in the field of R&D. Data and Metods. The insufficiency of the study of the identified problem requires the application of an integrated approach, including a set of research methods, comparative, cybernetic and systemic approaches. Signs of a break in these subsectors are a small share of innovative firms, public and private capital in R&D expenditures; low level of patent activity and emigration of researchers, in contrast to developed countries. They are due to objective reasons: structural imbalances in the real sector, inefficiency of national innovation policy. The subjective reasons for the separation of sectors are determined by the lack of cultural attitudes of society in creating innovations and the demand for business agents for them. The revealed reasons for the separation of the subsectors confirm the hypothesis of their breaking. The delay in their awareness and liquidation will lead to an increase in security threats and the loss of civilizational self-sufficiency in Russia. Analys of Results. The unjustified gap in the financial sector in Russia from the real sector poses the following tasks: the need to modernize the real sector and establish relationships with the financial sector. Closing the gap between these sectors will not yet provide a solution to the gap between the traditional and innovative subsectors. Objective management decisions on creating interconnections of sectors should be based on the values of indicators of innovative development. For 2000-2018 the assessment of the level of innovative potential of Russia and its indicator components is significantly lower than their target values of the Strategy - 2020, which confirms the growing separation of sectors, the technological gap of the real sector from leading farms and the inability to bridge the gap between the traditional and innovative subsectors at present. This determines the need to develop an effective economic model, strategy and program for the formation of interconnections between sectors and subsectors of Russia on an innovative basis. A key approach to regulating the convergence of subsectors is the creation of functional interconnections between them, with the active role of the state and the optimal combination of planned and market methods.
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Keywords: national economy, separation hypothesis, real sector, financial sector, traditional subsector, innovative subsector.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 330.101.541
Hypothesis, causes and consequences of the separation of the traditional
and innovative subsectors in the real sector of the Russian economy
At present, the competitive advantages of different farms are determined by production factors, investments, and advanced technologies. The national economy of Russia is characterized by raw material specialization, attempts to improve the investment climate without focusing on the innovative development of the real sector. This state of inadequacy is due to the growing trend of the disequilibrium of the financial and real sectors of Russia and the complication of the separation of the traditional and innovative subsectors, unlike other countries, which violates the safety in the field of R&D. Data and Metods. The insufficiency of the study of the identified problem requires the application of an integrated approach, including a set of research methods, comparative, cybernetic and systemic approaches. Signs of a break in these subsectors are a small share of innovative firms, public and private capital in R&D expenditures; low level of patent activity and emigration of researchers, in contrast to developed countries. They are due to objective reasons: structural imbalances in the real sector, inefficiency of national innovation policy. The subjective reasons for the separation of sectors are determined by the lack of cultural attitudes of society in creating innovations and the demand for business agents for them. The revealed reasons for the separation of the subsectors confirm the hypothesis of their breaking. The delay in their awareness and liquidation will lead to an increase in security threats and the loss of civilizational self-sufficiency in Russia. Analys of Results. The unjustified gap in the financial sector in Russia from the real sector poses the following tasks: the need to modernize the real sector and establish relationships with the financial sector. Closing the gap between these sectors will not yet provide a solution to the gap between the traditional and innovative subsectors. Objective management decisions on creating interconnections of sectors should be based on the values of indicators of innovative development. For 2000-2018 the assessment of the level of innovative potential of Russia and its indicator components is significantly lower than their target values of the Strategy - 2020, which confirms the growing separation of sectors, the technological gap of the real sector from leading farms and the inability to bridge the gap between the traditional and innovative subsectors at present. This determines the need to develop an effective economic model, strategy and program for the formation of interconnections between sectors and subsectors of Russia on an innovative basis. A key approach to regulating the convergence of subsectors is the creation of functional interconnections between them, with the active role of the state and the optimal combination of planned and market methods.
Read the full article
Keywords: national economy, separation hypothesis, real sector, financial sector, traditional subsector, innovative subsector.
DOI 10.17586/2310-1172-2020-13-2-197-204