Spatial and Technological Diversification of the Russian Economy

The article explains the technological diversification of the Russian economy as the main precondition for sustaining the economic development and strengthening the internal economic space. The industrial-based approach applied for understanding the economic diversification prospective is criticized...

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Autor principal: I. V. Boiko
Formato: article
Lenguaje:EN
RU
Publicado: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2018
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Acceso en línea:https://doaj.org/article/a3ab176eba744dc3b556e7bdbcfc03a8
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spelling oai:doaj.org-article:a3ab176eba744dc3b556e7bdbcfc03a82021-11-12T10:46:07ZSpatial and Technological Diversification of the Russian Economy1726-11391816-859010.22394/1726-1139-2018-5-68-76https://doaj.org/article/a3ab176eba744dc3b556e7bdbcfc03a82018-07-01T00:00:00Zhttps://www.acjournal.ru/jour/article/view/841https://doaj.org/toc/1726-1139https://doaj.org/toc/1816-8590The article explains the technological diversification of the Russian economy as the main precondition for sustaining the economic development and strengthening the internal economic space. The industrial-based approach applied for understanding the economic diversification prospective is criticized for its theoretical shortcomings, leading to the false conclusion of unfeasibility of the technological diversification of the Russian economy under the harsh conditions of the western sanctions and financial restrictions. The new theoretical insight, based on new notion of «spatial technological diversification» is presented to reveal substantial hidden capabilities for horizontal and vertical diversification in Russia. The new path for the breakthrough economic development should be based on specific «regional comparative advantage», identified for every region as a main frame for its specific vertical technological diversification while the horizontal diversification, embracing different regions with their different «regional comparative advantage» might be applicable for the Russian economy in general.I. V. BoikoNorth-West institute of management of the Russian Presidential Academy of National Economy and Public Administration articleeconomic diversificationindustrial specializationhorizontal diversification of the economyvertical diversification of the economyspatial technological diversification of the national economy«regional comparative advantage»Political institutions and public administration (General)JF20-2112ENRUУправленческое консультирование, Vol 0, Iss 6, Pp 68-76 (2018)
institution DOAJ
collection DOAJ
language EN
RU
topic economic diversification
industrial specialization
horizontal diversification of the economy
vertical diversification of the economy
spatial technological diversification of the national economy
«regional comparative advantage»
Political institutions and public administration (General)
JF20-2112
spellingShingle economic diversification
industrial specialization
horizontal diversification of the economy
vertical diversification of the economy
spatial technological diversification of the national economy
«regional comparative advantage»
Political institutions and public administration (General)
JF20-2112
I. V. Boiko
Spatial and Technological Diversification of the Russian Economy
description The article explains the technological diversification of the Russian economy as the main precondition for sustaining the economic development and strengthening the internal economic space. The industrial-based approach applied for understanding the economic diversification prospective is criticized for its theoretical shortcomings, leading to the false conclusion of unfeasibility of the technological diversification of the Russian economy under the harsh conditions of the western sanctions and financial restrictions. The new theoretical insight, based on new notion of «spatial technological diversification» is presented to reveal substantial hidden capabilities for horizontal and vertical diversification in Russia. The new path for the breakthrough economic development should be based on specific «regional comparative advantage», identified for every region as a main frame for its specific vertical technological diversification while the horizontal diversification, embracing different regions with their different «regional comparative advantage» might be applicable for the Russian economy in general.
format article
author I. V. Boiko
author_facet I. V. Boiko
author_sort I. V. Boiko
title Spatial and Technological Diversification of the Russian Economy
title_short Spatial and Technological Diversification of the Russian Economy
title_full Spatial and Technological Diversification of the Russian Economy
title_fullStr Spatial and Technological Diversification of the Russian Economy
title_full_unstemmed Spatial and Technological Diversification of the Russian Economy
title_sort spatial and technological diversification of the russian economy
publisher North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
publishDate 2018
url https://doaj.org/article/a3ab176eba744dc3b556e7bdbcfc03a8
work_keys_str_mv AT ivboiko spatialandtechnologicaldiversificationoftherussianeconomy
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