Innovative factors of development of the Russian industry

TERRA ECONOMICUS, , Vol. 12 (no. 2.2),
p. 131-141

Article is devoted to the task of accelerated social and economic development in the context of rather low performance of industrial production. In this context tendencies of indexes of costs of production and sale of production, labor productivity, capital productivity and indexes of production by the processing and hi-tech types of economic activity are analyzed. It is shown that for giving to the industry of character of the driver providing the reproduction growth of all national economy it is necessary to concentrate priority efforts on development of innovative productions. As it is represented, innovative productions are capable to make cardinal changes to the developed contradictory pattern of profitability and productivity business of processes. However, successful implementation of this direction requires additional resources as the scale of the modern innovative productions in itself remains insignificant. Therefore extension of an innovative component of national reproduction is the main administrative objective of an industrial policy.

Keywords: industry; expenses; labor productivity; capital productivity; innovative productions

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606