The institutional traps and externalities of the neo-industrial import substitution

Today in Russian economy the lack of investment resources for processing enterprises, the stagnation of the real and financial sectors interactions are observed. In such circumstances, the initiation of the import substitution process depends on the state’s participation in the process; however, it...

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Main Author: K. A. Kolotov
Format: Article
Language:Russian
Published: Russian Academy of Entrepreneurship 2020-01-01
Series:Путеводитель предпринимателя
Subjects:
Online Access:https://www.pp-mag.ru/jour/article/view/13
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author K. A. Kolotov
author_facet K. A. Kolotov
author_sort K. A. Kolotov
collection DOAJ
description Today in Russian economy the lack of investment resources for processing enterprises, the stagnation of the real and financial sectors interactions are observed. In such circumstances, the initiation of the import substitution process depends on the state’s participation in the process; however, it occurs in the institutional vacuum with the absence of mechanisms to coordinate the interests of government and business, entities of manufacturing and raw material producing industries in their technological recovery and domestic market saturation. This article describes the institutional traps, preventing the release of Russian economy on the path of neo-industrial development using the market, technological and social potential of import substitution.
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spelling doaj-art-557ad7b350824be5bebefaef3d3b53ba2025-08-20T02:54:37ZrusRussian Academy of EntrepreneurshipПутеводитель предпринимателя2073-98852687-136X2020-01-0103311112212The institutional traps and externalities of the neo-industrial import substitutionK. A. Kolotov0National research Tomsk polytechnic universityToday in Russian economy the lack of investment resources for processing enterprises, the stagnation of the real and financial sectors interactions are observed. In such circumstances, the initiation of the import substitution process depends on the state’s participation in the process; however, it occurs in the institutional vacuum with the absence of mechanisms to coordinate the interests of government and business, entities of manufacturing and raw material producing industries in their technological recovery and domestic market saturation. This article describes the institutional traps, preventing the release of Russian economy on the path of neo-industrial development using the market, technological and social potential of import substitution.https://www.pp-mag.ru/jour/article/view/13economyneoindustrializationimport substitutioninstitutionstrapsexternalitiesinvestmentinnovationscompetitivenessmanufacturing
spellingShingle K. A. Kolotov
The institutional traps and externalities of the neo-industrial import substitution
Путеводитель предпринимателя
economy
neoindustrialization
import substitution
institutions
traps
externalities
investment
innovations
competitiveness
manufacturing
title The institutional traps and externalities of the neo-industrial import substitution
title_full The institutional traps and externalities of the neo-industrial import substitution
title_fullStr The institutional traps and externalities of the neo-industrial import substitution
title_full_unstemmed The institutional traps and externalities of the neo-industrial import substitution
title_short The institutional traps and externalities of the neo-industrial import substitution
title_sort institutional traps and externalities of the neo industrial import substitution
topic economy
neoindustrialization
import substitution
institutions
traps
externalities
investment
innovations
competitiveness
manufacturing
url https://www.pp-mag.ru/jour/article/view/13
work_keys_str_mv AT kakolotov theinstitutionaltrapsandexternalitiesoftheneoindustrialimportsubstitution
AT kakolotov institutionaltrapsandexternalitiesoftheneoindustrialimportsubstitution