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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North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
2018
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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) |
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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 |
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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 |
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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 |
_version_ |
1718430823467712512 |